Media coverage about Johnson Outdoors (NASDAQ:JOUT) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Johnson Outdoors earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.7600503693736 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Johnson Outdoors Inc. (JOUT) CEO Helen Johnson-Leipold on Q3 2018 Results – Earnings Call Transcript (seekingalpha.com)
- Brokers Set Expectations for Johnson Outdoors Inc.’s Q1 2019 Earnings (JOUT) (americanbankingnews.com)
- Johnson Outdoors reports double-digit 3Q revenue, profit growth (boatingindustry.com)
- Johnson Outdoor earns $23.8 million in 3Q (gmtoday.com)
- Johnson Outdoors Inc. (JOUT) Receives Consensus Recommendation of “Buy” from Analysts (americanbankingnews.com)
JOUT has been the subject of a number of recent analyst reports. Sidoti raised Johnson Outdoors from a “neutral” rating to a “buy” rating in a report on Tuesday, August 7th. Zacks Investment Research raised Johnson Outdoors from a “hold” rating to a “strong-buy” rating and set a $87.00 target price for the company in a report on Thursday, May 10th. Imperial Capital boosted their target price on Johnson Outdoors from $85.00 to $95.00 and gave the company an “outperform” rating in a report on Wednesday, June 20th. BidaskClub raised Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Thursday, May 17th. Finally, ValuEngine upgraded Johnson Outdoors from a “hold” rating to a “buy” rating in a research report on Friday, May 4th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $89.67.
NASDAQ JOUT traded up $1.26 on Friday, hitting $96.93. 20,843 shares of the company’s stock were exchanged, compared to its average volume of 27,745. Johnson Outdoors has a fifty-two week low of $58.83 and a fifty-two week high of $100.37. The stock has a market capitalization of $956.32 million, a price-to-earnings ratio of 18.26 and a beta of 0.53.
Johnson Outdoors (NASDAQ:JOUT) last released its earnings results on Tuesday, August 7th. The company reported $2.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.96 by $0.41. The company had revenue of $170.78 million for the quarter, compared to analysts’ expectations of $160.86 million. Johnson Outdoors had a return on equity of 20.47% and a net margin of 8.48%. research analysts predict that Johnson Outdoors will post 5.15 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, July 26th. Stockholders of record on Thursday, July 12th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.50%. The ex-dividend date of this dividend was Wednesday, July 11th. Johnson Outdoors’s dividend payout ratio (DPR) is 15.58%.
About Johnson Outdoors
Johnson Outdoors Inc designs, manufactures, and markets outdoor equipment, diving, watercraft, and marine electronics products worldwide. The company's Fishing segment offers battery-powered fishing motors for trolling or primary propulsion, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.
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