Johnson Outdoors (NASDAQ:JOUT) had its price target lifted by Imperial Capital from $75.00 to $95.00 in a research note issued to investors on Thursday, BenzingaRatingsTable reports. They currently have an outperform rating on the stock.

A number of other brokerages have also recently issued reports on JOUT. Zacks Investment Research cut shares of Johnson Outdoors from a strong-buy rating to a hold rating in a research report on Wednesday, April 10th. ValuEngine raised shares of Johnson Outdoors from a sell rating to a hold rating in a research report on Tuesday, February 12th. Finally, BidaskClub raised shares of Johnson Outdoors from a strong sell rating to a sell rating in a research report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Johnson Outdoors has a consensus rating of Hold and an average price target of $83.50.

Shares of Johnson Outdoors stock traded down $1.69 during trading on Thursday, reaching $80.86. The company’s stock had a trading volume of 43,769 shares, compared to its average volume of 42,705. The stock has a market cap of $831.65 million, a PE ratio of 17.24 and a beta of 1.08. Johnson Outdoors has a 52 week low of $54.66 and a 52 week high of $107.36.

Johnson Outdoors (NASDAQ:JOUT) last announced its earnings results on Friday, May 3rd. The company reported $2.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.86 by $0.32. The company had revenue of $177.71 million during the quarter, compared to analysts’ expectations of $171.80 million. Johnson Outdoors had a net margin of 8.13% and a return on equity of 15.79%. Equities analysts anticipate that Johnson Outdoors will post 4.44 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Investors of record on Thursday, April 11th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Wednesday, April 10th. Johnson Outdoors’s dividend payout ratio (DPR) is presently 11.94%.

In related news, CFO David W. Johnson sold 1,000 shares of the business’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $82.07, for a total value of $82,070.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 18.60% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of JOUT. Royce & Associates LP acquired a new position in Johnson Outdoors in the fourth quarter valued at about $8,322,000. THB Asset Management raised its stake in Johnson Outdoors by 48.4% in the first quarter. THB Asset Management now owns 221,935 shares of the company’s stock valued at $15,837,000 after purchasing an additional 72,423 shares in the last quarter. Thomson Horstmann & Bryant Inc. raised its stake in Johnson Outdoors by 32.4% in the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 149,512 shares of the company’s stock valued at $8,782,000 after purchasing an additional 36,600 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in Johnson Outdoors in the first quarter valued at about $2,455,000. Finally, American Century Companies Inc. acquired a new position in Johnson Outdoors in the fourth quarter valued at about $1,683,000. 62.12% of the stock is owned by institutional investors and hedge funds.

Johnson Outdoors Company Profile

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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