Johnson Outdoors Inc. (NASDAQ:JOUT) shares shot up 3% on Tuesday . The stock traded as high as $34.39 and last traded at $33.70, with a volume of 109,807 shares changing hands. The stock had previously closed at $32.71.

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

The company’s 50-day moving average price is $29.27 and its 200-day moving average price is $25.08. The company has a market cap of $332.67 million and a P/E ratio of 20.09.

Johnson Outdoors (NASDAQ:JOUT) last released its earnings results on Monday, August 8th. The company reported $0.68 EPS for the quarter. The business earned $139.30 million during the quarter, compared to analyst estimates of $140.88 million. Equities analysts forecast that Johnson Outdoors Inc. will post $1.60 EPS for the current fiscal year.

In other Johnson Outdoors news, CFO David W. Johnson sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of $28.53, for a total value of $85,590.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

An institutional investor recently raised its position in Johnson Outdoors stock. Ameriprise Financial Inc. raised its position in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 6.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,740 shares of the company’s stock after buying an additional 6,124 shares during the period. Ameriprise Financial Inc. owned 0.98% of Johnson Outdoors worth $2,096,000 as of its most recent SEC filing.

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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