Johnson Outdoors (NASDAQ:JOUT) Announces Earnings Results

Johnson Outdoors (NASDAQ:JOUT) posted its earnings results on Monday. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.06), Zacks reports. Johnson Outdoors had a net margin of 0.82% and a return on equity of 0.97%. The company had revenue of $172.47 million for the quarter, compared to the consensus estimate of $176.14 million. During the same period last year, the company posted $1.44 earnings per share.

Johnson Outdoors Stock Down 0.7 %

Johnson Outdoors stock traded down $0.24 during mid-day trading on Wednesday, hitting $36.11. 68,780 shares of the company’s stock traded hands, compared to its average volume of 55,477. Johnson Outdoors has a one year low of $32.79 and a one year high of $59.65. The firm has a 50 day moving average price of $36.29 and a 200 day moving average price of $40.68. The company has a market cap of $371.97 million, a PE ratio of 76.83, a price-to-earnings-growth ratio of 3.99 and a beta of 0.74.

Johnson Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 25th. Investors of record on Thursday, July 11th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend was Thursday, July 11th. Johnson Outdoors’s dividend payout ratio (DPR) is 280.85%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Johnson Outdoors from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st.

Johnson Outdoors Company Profile

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.