Sidoti Csr Raises Earnings Estimates for Johnson Outdoors

Key Points

• Sidoti Csr has upgraded its FY2025 earnings per share (EPS) forecast for Johnson Outdoors from ($1.70) to ($1.19), indicating an improved outlook for the company.
• In the latest quarterly earnings report, Johnson Outdoors posted an EPS of $0.75, exceeding analysts' expectations of $0.24 and reporting revenue of $180.66 million against a consensus estimate of $172.98 million.
• The company declared a quarterly dividend of $0.33, representing an annualized yield of 3.4%, despite currently holding a negative dividend payout ratio of -34.11%.

Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) - Analysts at Sidoti Csr upped their FY2025 EPS estimates for shares of Johnson Outdoors in a research note issued to investors on Monday, August 4th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of ($1.19) for the year, up from their prior forecast of ($1.70). The consensus estimate for Johnson Outdoors' current full-year earnings is ($0.58) per share. Sidoti Csr also issued estimates for Johnson Outdoors' Q1 2026 earnings at ($0.45) EPS, Q2 2026 earnings at $0.91 EPS, Q3 2026 earnings at $1.05 EPS, Q4 2026 earnings at ($0.45) EPS and FY2026 earnings at $1.05 EPS.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.51. Johnson Outdoors had a negative net margin of 7.02% and a negative return on equity of 8.80%. The business had revenue of $180.66 million during the quarter, compared to the consensus estimate of $172.98 million.

Johnson Outdoors Price Performance

JOUT stock traded up $0.44 on Wednesday, reaching $37.38. 76,663 shares of the company traded hands, compared to its average volume of 76,707. Johnson Outdoors has a one year low of $21.33 and a one year high of $39.58. The company has a market cap of $386.14 million, a P/E ratio of -9.66 and a beta of 0.81. The firm has a fifty day simple moving average of $31.54 and a 200-day simple moving average of $28.17.

Johnson Outdoors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Thursday, July 10th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Thursday, July 10th. This represents a $1.32 annualized dividend and a dividend yield of 3.5%. Johnson Outdoors's dividend payout ratio (DPR) is -34.11%.

Hedge Funds Weigh In On Johnson Outdoors

A number of hedge funds have recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL lifted its stake in Johnson Outdoors by 11.7% during the 1st quarter. Gamco Investors INC. ET AL now owns 397,117 shares of the company's stock valued at $9,864,000 after acquiring an additional 41,717 shares during the period. ProShare Advisors LLC raised its holdings in shares of Johnson Outdoors by 18.2% during the fourth quarter. ProShare Advisors LLC now owns 231,016 shares of the company's stock valued at $7,624,000 after purchasing an additional 35,612 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Johnson Outdoors by 5.0% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 211,480 shares of the company's stock valued at $5,253,000 after purchasing an additional 10,000 shares during the period. Skylands Capital LLC lifted its holdings in shares of Johnson Outdoors by 20.8% during the 1st quarter. Skylands Capital LLC now owns 195,950 shares of the company's stock valued at $4,867,000 after buying an additional 33,750 shares during the period. Finally, Geode Capital Management LLC increased its position in Johnson Outdoors by 2.6% during the second quarter. Geode Capital Management LLC now owns 135,841 shares of the company's stock valued at $4,113,000 after acquiring an additional 3,408 shares during the last quarter. 64.05% of the stock is currently owned by hedge funds and other institutional investors.

About Johnson Outdoors

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.