Johnson Outdoors Inc. (NASDAQ:JOUT) shares fell 8.8% during mid-day trading on Monday . The company traded as low as $28.45 and last traded at $28.45, with a volume of 51,667 shares changing hands. The stock had previously closed at $31.19.

Separately, TheStreet raised Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Friday, May 6th.

The stock’s 50-day moving average price is $27.52 and its 200-day moving average price is $23.95. The firm has a market capitalization of $280.96 million and a price-to-earnings ratio of 14.25.

Johnson Outdoors (NASDAQ:JOUT) last posted its quarterly earnings data on Monday, August 8th. The company reported $0.68 earnings per share for the quarter. The firm had revenue of $139.30 million for the quarter, compared to the consensus estimate of $140.88 million. Equities analysts predict that Johnson Outdoors Inc. will post $1.70 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 28th. Shareholders of record on Thursday, July 14th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Tuesday, July 12th.

Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.

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