Sidoti Increases Earnings Estimates for Johnson Outdoors

Johnson Outdoors Inc. (NASDAQ:JOUT) – Equities researchers at Sidoti upped their Q2 2027 earnings per share (EPS) estimates for Johnson Outdoors in a research note issued to investors on Monday, August 10th. Sidoti analyst A. Lebiedzinski now anticipates that the company will post earnings of $1.10 per share for the quarter, up from their previous forecast of $1.06. The consensus estimate for Johnson Outdoors’ current full-year earnings is $0.75 per share. Sidoti also issued estimates for Johnson Outdoors’ Q1 2028 earnings at ($0.02) EPS, Q2 2028 earnings at $1.37 EPS, Q3 2028 earnings at $1.30 EPS and FY2028 earnings at $2.45 EPS.

Johnson Outdoors (NASDAQ:JOUT) last released its quarterly earnings data on Friday, August 7th. The company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.74. Johnson Outdoors had a positive return on equity of 4.29% and a negative net margin of 1.21%.The firm had revenue of $189.73 million during the quarter, compared to the consensus estimate of $186.19 million.

Several other equities analysts have also recently issued reports on JOUT. Wall Street Zen cut Johnson Outdoors from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Johnson Outdoors in a report on Wednesday, August 5th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Johnson Outdoors currently has an average rating of “Reduce”.

Johnson Outdoors Price Performance

Shares of JOUT opened at $47.79 on Tuesday. The firm has a market capitalization of $500.84 million, a PE ratio of -56.22, a price-to-earnings-growth ratio of 4.59 and a beta of 0.81. The company’s fifty day moving average price is $45.96 and its 200-day moving average price is $46.97. Johnson Outdoors has a 1-year low of $35.65 and a 1-year high of $53.54.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. CANADA LIFE ASSURANCE Co lifted its stake 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 acquiring an additional 373 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Johnson Outdoors by 260.8% during 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 in the last quarter. Highlander Partners L.P. purchased a new position in Johnson Outdoors in the fourth quarter valued at $50,000. Kemnay Advisory Services Inc. acquired a new stake in Johnson Outdoors in the fourth quarter valued at $50,000. Finally, Raymond James Financial Inc. purchased a new stake in Johnson Outdoors during the 2nd quarter worth about $52,000. 64.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Thursday, July 16th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, July 16th. Johnson Outdoors’s payout ratio is -155.29%.

About Johnson Outdoors

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.