Johnson Outdoors Inc. (NASDAQ:JOUT – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $53.54 and last traded at $53.50, with a volume of 60795 shares. The stock had previously closed at $52.95.
More Johnson Outdoors News
Here are the key news stories impacting Johnson Outdoors this week:
- Positive Sentiment: Second-quarter net sales rose 16% to $194.5 million, with growth across all segments and an 18% increase in fishing revenue, helping drive the upbeat reaction. Johnson Outdoors Reports Fiscal Second Quarter Results
- Positive Sentiment: Adjusted results beat expectations, with EPS of $0.89 topping the consensus $0.87 and revenue exceeding estimates of $185.1 million. Johnson Outdoor (JOUT) Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Operating income improved to $10.3 million from $4.9 million a year ago, while gross margin expanded to 38.8% from 35.0%, showing better efficiency and profitability. Johnson Outdoors Inc. Q2 2026 Earnings Call Transcript
- Positive Sentiment: Year-to-date results turned positive, with net income of $6.1 million versus a loss last year, and cash and short-term investments rose to $107.9 million, supporting financial flexibility. Johnson Outdoors Inc. Reports Strong Second Quarter Results with 16% Net Sales Growth
Analyst Ratings Changes
A number of research firms have commented on JOUT. Wall Street Zen cut shares of Johnson Outdoors from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Research cut shares of Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Johnson Outdoors currently has an average rating of “Reduce”.
Johnson Outdoors Price Performance
The stock has a market cap of $536.53 million, a P/E ratio of -23.53, a PEG ratio of 3.82 and a beta of 0.89. The firm’s 50-day moving average price is $48.69 and its 200-day moving average price is $45.42.
Johnson Outdoors (NASDAQ:JOUT – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.02. The firm had revenue of $194.48 million for the quarter, compared to analysts’ expectations of $185.09 million. Johnson Outdoors had a negative net margin of 3.56% and a positive return on equity of 0.83%. Sell-side analysts expect that Johnson Outdoors Inc. will post 1 earnings per share for the current year.
Johnson Outdoors Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given a dividend of $0.33 per share. The ex-dividend date was Thursday, April 16th. This represents a $1.32 annualized dividend and a dividend yield of 2.6%. Johnson Outdoors’s dividend payout ratio (DPR) is presently -60.27%.
Insider Activity
In other news, Director Richard Casey Sheahan sold 7,580 shares of Johnson Outdoors stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $49.77, for a total transaction of $377,256.60. Following the sale, the director owned 5,739 shares in the company, valued at $285,630.03. This trade represents a 56.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 28.21% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Johnson Outdoors
Large investors have recently bought and sold shares of the business. CANADA LIFE ASSURANCE Co increased its position in Johnson Outdoors by 57.8% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,018 shares of the company’s stock worth $43,000 after purchasing an additional 373 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Johnson Outdoors by 260.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,122 shares of the company’s stock worth $48,000 after purchasing an additional 811 shares during the last quarter. Highlander Partners L.P. bought a new stake in Johnson Outdoors in the fourth quarter worth $50,000. Kemnay Advisory Services Inc. bought a new stake in Johnson Outdoors in the fourth quarter worth $50,000. Finally, Raymond James Financial Inc. bought a new stake in Johnson Outdoors in the second quarter worth $52,000. Institutional investors own 64.05% of the company’s stock.
Johnson Outdoors Company Profile
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.
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