Q2 Earnings Estimate for Johnson Outdoors Issued By Sidoti

Johnson Outdoors Inc. (NASDAQ:JOUT) – Investment analysts at Sidoti lifted their Q2 2027 earnings per share (EPS) estimates for shares of Johnson Outdoors in a report released on Monday, August 10th. Sidoti analyst A. Lebiedzinski now forecasts that the company will earn $1.10 per share for the quarter, up from their previous forecast of $1.06. The consensus estimate for Johnson Outdoors’ current full-year earnings is $0.75 per share. Sidoti also issued estimates for Johnson Outdoors’ Q1 2028 earnings at ($0.02) EPS, Q2 2028 earnings at $1.37 EPS, Q3 2028 earnings at $1.30 EPS and FY2028 earnings at $2.45 EPS.

Johnson Outdoors (NASDAQ:JOUT) last released its earnings results on Friday, August 7th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.74. The company had revenue of $189.73 million for the quarter, compared to analysts’ expectations of $186.19 million. Johnson Outdoors had a positive return on equity of 4.29% and a negative net margin of 1.21%.

Other analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Johnson Outdoors from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Johnson Outdoors in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Johnson Outdoors has a consensus rating of “Reduce”.

Johnson Outdoors Stock Down 0.9%

NASDAQ:JOUT opened at $47.79 on Tuesday. The stock has a fifty day simple moving average of $45.96 and a 200-day simple moving average of $46.97. The company has a market capitalization of $500.84 million, a PE ratio of -56.22, a price-to-earnings-growth ratio of 4.59 and a beta of 0.81. Johnson Outdoors has a 52-week low of $35.65 and a 52-week high of $53.54.

Johnson Outdoors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Thursday, July 16th were issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, July 16th. Johnson Outdoors’s payout ratio is presently -155.29%.

Institutional Trading of Johnson Outdoors

Several hedge funds and other institutional investors have recently modified their holdings of JOUT. CANADA LIFE ASSURANCE Co boosted its position in Johnson Outdoors by 57.8% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,018 shares of the company’s stock worth $43,000 after acquiring an additional 373 shares during the period. EverSource Wealth Advisors LLC grew its stake in Johnson Outdoors by 260.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,122 shares of the company’s stock valued at $48,000 after acquiring an additional 811 shares in the last quarter. Highlander Partners L.P. acquired a new position in shares of Johnson Outdoors in the 4th quarter valued at about $50,000. Kemnay Advisory Services Inc. acquired a new position in shares of Johnson Outdoors in the 4th quarter valued at about $50,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Johnson Outdoors in the second quarter worth approximately $52,000. Institutional investors and hedge funds own 64.05% of the company’s stock.

About Johnson Outdoors

Johnson Outdoors Inc is a diversified outdoor recreation company that develops, manufactures and markets a broad range of gear and equipment for marine and land-based activities. The company operates through two primary segments: the Marine Electronics & Boat Group and the Outdoor Products Group. Its marine offerings include electric motors and anchors under the Minn Kota® brand, fish-finding and sonar systems under the Humminbird® brand, and a lineup of recreational watercraft under the Old Town® and Ocean Kayak® names.