FY2024 Earnings Forecast for Johnson Outdoors Inc. Issued By Sidoti Csr (NASDAQ:JOUT)

Johnson Outdoors Inc. (NASDAQ:JOUT) – Analysts at Sidoti Csr dropped their FY2024 EPS estimates for Johnson Outdoors in a report issued on Monday, May 6th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings per share of $1.13 for the year, down from their prior estimate of $1.72. The consensus estimate for Johnson Outdoors’ current full-year earnings is $1.72 per share. Sidoti Csr also issued estimates for Johnson Outdoors’ Q4 2024 earnings at ($0.03) EPS, Q2 2025 earnings at $0.89 EPS, Q4 2025 earnings at $0.32 EPS and FY2025 earnings at $2.84 EPS.

Johnson Outdoors Stock Up 0.3 %

Johnson Outdoors stock opened at $37.95 on Thursday. The firm has a market cap of $390.28 million, a P/E ratio of 80.74, a P/E/G ratio of 1.57 and a beta of 0.75. Johnson Outdoors has a twelve month low of $37.21 and a twelve month high of $63.53. The business has a fifty day moving average of $43.31 and a two-hundred day moving average of $47.01.

Institutional Trading of Johnson Outdoors

Large investors have recently bought and sold shares of the stock. ProShare Advisors LLC grew its holdings in shares of Johnson Outdoors by 17.3% during the first quarter. ProShare Advisors LLC now owns 163,026 shares of the company’s stock valued at $7,517,000 after buying an additional 23,987 shares during the last quarter. Isthmus Partners LLC boosted its position in Johnson Outdoors by 83.5% in the first quarter. Isthmus Partners LLC now owns 50,173 shares of the company’s stock valued at $2,313,000 after buying an additional 22,833 shares during the last quarter. Empowered Funds LLC increased its holdings in Johnson Outdoors by 8.2% in the 1st quarter. Empowered Funds LLC now owns 16,213 shares of the company’s stock worth $748,000 after buying an additional 1,225 shares during the period. BNP Paribas Financial Markets raised its position in Johnson Outdoors by 47.9% during the 1st quarter. BNP Paribas Financial Markets now owns 3,175 shares of the company’s stock worth $146,000 after buying an additional 1,029 shares during the last quarter. Finally, Prosperity Consulting Group LLC acquired a new stake in Johnson Outdoors during the 1st quarter valued at approximately $306,000. Hedge funds and other institutional investors own 64.05% of the company’s stock.

Johnson Outdoors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Thursday, April 11th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend was Wednesday, April 10th. Johnson Outdoors’s dividend payout ratio is currently 280.85%.

Johnson Outdoors Company Profile

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.