Johnson Outdoors (NASDAQ:JOUT) Issues Quarterly Earnings Results

Johnson Outdoors (NASDAQ:JOUT) posted its quarterly earnings data on Friday. The company reported $0.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.21) by $0.60, Bloomberg Earnings reports. The business had revenue of $104.02 million during the quarter, compared to the consensus estimate of $93.92 million. Johnson Outdoors had a return on equity of 17.08% and a net margin of 9.14%.

Johnson Outdoors stock opened at $78.17 on Monday. Johnson Outdoors has a 12-month low of $54.12 and a 12-month high of $91.90. The firm’s fifty day moving average is $62.50 and its 200 day moving average is $65.69. The company has a market capitalization of $785.53 million, a PE ratio of 15.30 and a beta of 0.94.

Several equities analysts recently issued reports on the stock. BidaskClub upgraded shares of Johnson Outdoors from a “sell” rating to a “hold” rating in a report on Wednesday, November 6th. Zacks Investment Research upgraded Johnson Outdoors from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 9th. Finally, ValuEngine raised Johnson Outdoors from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Johnson Outdoors has an average rating of “Hold” and an average target price of $79.00.

About Johnson Outdoors

Johnson Outdoors Inc designs, manufactures, and markets camping, diving, watercraft, and marine electronics products worldwide. The company's Fishing segment offers electric 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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Earnings History for Johnson Outdoors (NASDAQ:JOUT)

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