Media stories about Johnson Outdoors (NASDAQ:JOUT) have been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Johnson Outdoors earned a news impact score of 0.13 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.5169413739249 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- 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 several analyst reports. Imperial Capital lifted their price target on shares of Johnson Outdoors from $85.00 to $95.00 and gave the company an “outperform” rating in a report on Wednesday, June 20th. ValuEngine raised shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Friday, May 4th. BidaskClub raised shares of Johnson Outdoors from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 23rd. Zacks Investment Research raised shares of Johnson Outdoors from a “hold” rating to a “strong-buy” rating and set a $87.00 price target for the company in a report on Thursday, May 10th. Finally, Sidoti raised shares of Johnson Outdoors from a “neutral” rating to a “buy” rating in a report on Tuesday, August 7th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $89.67.
Johnson Outdoors (NASDAQ:JOUT) last posted its quarterly earnings data on Tuesday, August 7th. The company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.41. The firm had revenue of $170.78 million during the quarter, compared to analysts’ expectations of $160.86 million. Johnson Outdoors had a net margin of 8.48% and a return on equity of 20.47%. sell-side analysts expect that Johnson Outdoors will post 5.15 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 26th. Shareholders of record on Thursday, July 12th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend was Wednesday, July 11th. Johnson Outdoors’s payout ratio is presently 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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