Q2 Earnings Estimate for Johnson Outdoors Issued By Sidoti

Johnson Outdoors Inc. (NASDAQ:JOUT) – Research analysts at Sidoti reduced their Q2 2027 earnings per share estimates for Johnson Outdoors in a report released on Monday, May 11th. Sidoti analyst A. Lebiedzinski now anticipates that the company will earn $1.06 per share for the quarter, down from their previous forecast of $1.26. The consensus estimate for Johnson Outdoors’ current full-year earnings is $1.00 per share. Sidoti also issued estimates for Johnson Outdoors’ Q3 2027 earnings at $1.52 EPS and FY2027 earnings at $2.35 EPS.

Johnson Outdoors (NASDAQ:JOUT) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.02. Johnson Outdoors had a positive return on equity of 2.50% and a negative net margin of 2.33%.The firm had revenue of $194.48 million for the quarter, compared to analysts’ expectations of $185.09 million.

JOUT has been the subject of a number of other reports. Wall Street Zen downgraded Johnson Outdoors from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Research downgraded Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Johnson Outdoors in a research note on Friday. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce”.

Johnson Outdoors Price Performance

Shares of JOUT opened at $44.82 on Tuesday. The company has a market cap of $466.58 million, a P/E ratio of -29.49, a PEG ratio of 3.67 and a beta of 0.89. The stock has a fifty day moving average price of $48.57 and a 200 day moving average price of $45.50. Johnson Outdoors has a 12 month low of $25.53 and a 12 month high of $53.54.

Johnson Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, April 16th. Johnson Outdoors’s payout ratio is currently -86.84%.

Insider Buying and Selling

In other Johnson Outdoors news, Director Richard Casey Sheahan sold 7,580 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $49.77, for a total value of $377,256.60. Following the completion of the transaction, the director owned 5,739 shares of the company’s stock, valued at $285,630.03. This represents a 56.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 28.21% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co lifted its stake in shares of Johnson Outdoors by 57.8% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,018 shares of the company’s stock valued at $43,000 after purchasing an additional 373 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Johnson Outdoors by 260.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,122 shares of the company’s stock valued at $48,000 after purchasing an additional 811 shares during the period. Highlander Partners L.P. acquired a new position in shares of Johnson Outdoors in the 4th quarter valued at $50,000. Kemnay Advisory Services Inc. acquired a new position in shares of Johnson Outdoors in the 4th quarter valued at $50,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Johnson Outdoors in the 2nd quarter valued at $52,000. 64.05% of the stock is currently owned by institutional investors.

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.