Sidoti Decreases Earnings Estimates for Johnson Outdoors

Johnson Outdoors Inc. (NASDAQ:JOUT) – Equities researchers at Sidoti dropped their FY2026 earnings per share (EPS) estimates for Johnson Outdoors in a research report issued on Monday, September 21st. Sidoti analyst A. Lebiedzinski now expects that the company will post earnings of $1.30 per share for the year, down from their previous forecast of $1.45. The consensus estimate for Johnson Outdoors’ current full-year earnings is $1.45 per share. Sidoti also issued estimates for Johnson Outdoors’ Q4 2026 earnings at ($0.74) EPS and Q1 2027 earnings at ($0.63) EPS.

Separately, Weiss Ratings upgraded Johnson Outdoors from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, August 19th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Johnson Outdoors has an average rating of “Hold”.

Johnson Outdoors Stock Up 2.4%

Shares of JOUT stock opened at $44.95 on Wednesday. Johnson Outdoors has a 52 week low of $35.65 and a 52 week high of $53.54. The stock has a fifty day moving average of $46.33 and a 200 day moving average of $46.46. The firm has a market capitalization of $471.08 million, a price-to-earnings ratio of -52.88, a PEG ratio of 2.16 and a beta of 0.81.

Johnson Outdoors (NASDAQ:JOUT) last announced its quarterly earnings data on Friday, August 7th. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $0.68 by $0.74. The firm had revenue of $189.73 million for the quarter, compared to analyst estimates of $186.19 million. Johnson Outdoors had a positive return on equity of 4.26% and a negative net margin of 1.21%.

Insider Buying and Selling

In other Johnson Outdoors news, Director Edward Stevens sold 6,250 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $47.86, for a total transaction of $299,125.00. Following the transaction, the director directly owned 10,640 shares in the company, valued at $509,230.40. This trade represents a 37.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 28.21% of the company’s stock.

Institutional Investors Weigh In On Johnson Outdoors

Large investors have recently made changes to their positions in the stock. Sei Investments Co. raised its holdings in Johnson Outdoors by 120.4% in the first quarter. Sei Investments Co. now owns 50,559 shares of the company’s stock valued at $2,352,000 after acquiring an additional 27,621 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in Johnson Outdoors in the 2nd quarter valued at approximately $1,077,000. Allspring Global Investments Holdings LLC raised its position in shares of Johnson Outdoors by 19.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 119,451 shares of the company’s stock valued at $5,606,000 after buying an additional 19,769 shares during the last quarter. Illumine Investment Management LLC purchased a new stake in Johnson Outdoors in the first quarter valued at approximately $955,000. Finally, Ritholtz Wealth Management increased its position in Johnson Outdoors by 235.4% during the 1st quarter. Ritholtz Wealth Management now owns 17,380 shares of the company’s stock worth $808,000 after purchasing an additional 12,198 shares in the last quarter. 64.05% of the stock is currently owned by hedge funds and other institutional investors.

About Johnson Outdoors

Johnson Outdoors Inc is an outdoor recreation company that designs, manufactures and markets equipment for fishing, watercraft, diving, camping and other outdoor activities. Its products are sold through retailers, dealers and distributors in the United States and international markets.

The company’s fishing portfolio includes Minn Kota electric trolling motors, Humminbird marine electronics and Cannon downriggers. Its watercraft brands include Old Town kayaks and canoes, Ocean Kayak products and Carlisle paddles, while its camping business includes Eureka! tents and outdoor equipment and Jetboil cooking systems.