Johnson Outdoors Inc. (NASDAQ:JOUT) Director Terry E. London sold 1,127 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $59.81, for a total value of $67,405.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Terry E. London also recently made the following trade(s):

  • On Tuesday, May 16th, Terry E. London sold 377 shares of Johnson Outdoors stock. The shares were sold at an average price of $45.99, for a total value of $17,338.23.

Shares of Johnson Outdoors Inc. (NASDAQ JOUT) traded up 3.11% on Friday, hitting $61.61. The stock had a trading volume of 62,329 shares. The company has a market cap of $605.75 million, a P/E ratio of 19.03 and a beta of 0.77. The company’s 50 day moving average price is $50.49 and its 200-day moving average price is $41.23. Johnson Outdoors Inc. has a 12 month low of $28.26 and a 12 month high of $61.85.

Johnson Outdoors (NASDAQ:JOUT) last posted its quarterly earnings data on Friday, August 4th. The company reported $1.65 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.63. Johnson Outdoors had a return on equity of 12.90% and a net margin of 6.85%. The firm had revenue of $155.27 million during the quarter, compared to analysts’ expectations of $149.29 million. On average, analysts expect that Johnson Outdoors Inc. will post $2.87 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, July 27th. Shareholders of record on Thursday, July 13th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, July 11th. This represents a $0.36 dividend on an annualized basis and a yield of 0.58%. Johnson Outdoors’s dividend payout ratio is currently 11.15%.

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JOUT has been the topic of several research analyst reports. Forward View raised Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Friday, August 4th. ValuEngine raised Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. BidaskClub raised Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Zacks Investment Research cut Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Imperial Capital upped their price target on Johnson Outdoors from $44.00 to $49.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 9th. Three investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $53.00.

Hedge funds have recently modified their holdings of the company. American International Group Inc. boosted its position in shares of Johnson Outdoors by 7.2% in the first quarter. American International Group Inc. now owns 3,020 shares of the company’s stock valued at $110,000 after buying an additional 202 shares during the period. Smith Asset Management Group LP bought a new position in shares of Johnson Outdoors during the second quarter valued at about $149,000. Acrospire Investment Management LLC bought a new position in shares of Johnson Outdoors during the first quarter valued at about $122,000. ClariVest Asset Management LLC bought a new position in shares of Johnson Outdoors during the second quarter valued at about $174,000. Finally, Nordea Investment Management AB bought a new position in shares of Johnson Outdoors during the second quarter valued at about $174,000. 60.26% of the stock is owned by institutional investors.

Johnson Outdoors Company Profile

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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