Johnson Outdoors Inc. (NASDAQ:JOUT) – Equities research analysts at Imperial Capital increased their FY2017 earnings estimates for Johnson Outdoors in a research report issued on Monday. Imperial Capital analyst G. Kelly now anticipates that the company will post earnings of $3.49 per share for the year, up from their prior forecast of $2.44. Imperial Capital currently has a “Outperform” rating and a $63.00 target price on the stock. Imperial Capital also issued estimates for Johnson Outdoors’ Q4 2017 earnings at $0.00 EPS and FY2018 earnings at $3.14 EPS.

A number of other analysts have also issued reports on JOUT. BidaskClub upgraded shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Forward View upgraded shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. ValuEngine upgraded shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research lowered shares of Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 12th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $48.67.

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Johnson Outdoors (NASDAQ JOUT) opened at 57.36 on Wednesday. Johnson Outdoors has a 12-month low of $27.97 and a 12-month high of $59.61. The firm has a market capitalization of $563.28 million, a PE ratio of 25.32 and a beta of 0.77. The company has a 50-day moving average price of $47.87 and a 200-day moving average price of $40.08.

Johnson Outdoors (NASDAQ:JOUT) last released its quarterly earnings data on Friday, August 4th. The company reported $1.65 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.63. Johnson Outdoors had a return on equity of 12.90% and a net margin of 6.85%. The firm had revenue of $155.27 million for the quarter, compared to analysts’ expectations of $149.29 million.

A number of hedge funds have recently made changes to their positions in JOUT. American International Group Inc. raised its stake in shares of Johnson Outdoors by 7.2% in the first quarter. American International Group Inc. now owns 3,020 shares of the company’s stock worth $110,000 after buying an additional 202 shares during the period. Smith Asset Management Group LP bought a new position in shares of Johnson Outdoors during the second quarter worth $149,000. Acrospire Investment Management LLC bought a new position in shares of Johnson Outdoors during the first quarter worth $122,000. ClariVest Asset Management LLC bought a new position in shares of Johnson Outdoors during the second quarter worth $174,000. Finally, First Trust Advisors LP bought a new position in shares of Johnson Outdoors during the second quarter worth $226,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

The company also recently announced a quarterly dividend, which was paid on Thursday, July 27th. Investors of record on Thursday, July 13th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, July 11th. This represents a $0.36 dividend on an annualized basis and a yield of 0.63%. Johnson Outdoors’s dividend payout ratio (DPR) is currently 11.15%.

About Johnson Outdoors

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.

Earnings History and Estimates for Johnson Outdoors (NASDAQ:JOUT)

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