Press coverage about Johnson Outdoors (NASDAQ:JOUT) has been trending somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Johnson Outdoors earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.086648784365 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Johnson Outdoors (JOUT) traded up $0.64 on Tuesday, reaching $65.75. 11,940 shares of the company’s stock were exchanged, compared to its average volume of 38,921. Johnson Outdoors has a 52-week low of $32.98 and a 52-week high of $76.18. The company has a market cap of $658.01, a price-to-earnings ratio of 17.51 and a beta of 0.54.
Johnson Outdoors (NASDAQ:JOUT) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.66 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.63. Johnson Outdoors had a net margin of 6.10% and a return on equity of 15.95%. The company had revenue of $116.58 million for the quarter, compared to analyst estimates of $97.22 million. analysts expect that Johnson Outdoors will post 3.19 earnings per share for the current fiscal year.
Several equities research analysts have weighed in on the stock. BidaskClub lowered shares of Johnson Outdoors from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Zacks Investment Research raised shares of Johnson Outdoors from a “hold” rating to a “strong-buy” rating and set a $73.00 target price for the company in a research report on Tuesday, December 19th. Imperial Capital lifted their price objective on shares of Johnson Outdoors from $70.00 to $75.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 7th. Finally, Sidoti began coverage on shares of Johnson Outdoors in a research note on Friday, January 19th. They issued a “neutral” rating for the company. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $73.33.
In other news, VP David W. Johnson sold 1,000 shares of the stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $62.31, for a total value of $62,310.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 18.50% of the company’s stock.
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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.
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