Johnson Outdoors Inc. (NASDAQ:JOUT)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $31.78 and last traded at $31.66, with a volume of 17,314 shares traded. The stock had previously closed at $30.76.

Several brokerages have recently issued reports on JOUT. Imperial Capital began coverage on shares of Johnson Outdoors in a research note on Wednesday, August 24th. They issued an “outperform” rating and a $40.00 price objective on the stock. TheStreet raised shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Friday, May 6th.

The firm has a market cap of $320.76 million and a P/E ratio of 19.3754. The stock has a 50-day moving average of $28.91 and a 200 day moving average of $24.85.

Johnson Outdoors (NASDAQ:JOUT) last issued its quarterly earnings results on Monday, August 8th. The company reported $0.68 earnings per share (EPS) for the quarter. The company had revenue of $139.30 million for the quarter, compared to analyst estimates of $140.88 million. Equities analysts expect that Johnson Outdoors Inc. will post $1.60 earnings per share for the current fiscal year.

In related news, CFO David W. Johnson sold 3,000 shares of the company’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $28.53, for a total transaction of $85,590.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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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