Johnson Outdoors Inc (NASDAQ: JOUT) is -32.70% lower on its value in year-to-date trading and has touched a low of $32.79 and a high of $56.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JOUT stock was last observed hovering at around $36.14 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $35.95, the stock is -0.92% and -1.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing -0.53% at the moment leaves the stock -15.64% off its SMA200. JOUT registered -35.83% loss for a year compared to 6-month loss of -21.56%.
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The stock witnessed a -11.80% gain in the last 1 month and extending the period to 3 months gives it a -1.21%, and is -2.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.53% over the week and 3.02% over the month.
Johnson Outdoors Inc (JOUT) has around 1400 employees, a market worth around $366.33M and $583.32M in sales. Fwd P/E is 21.15. Profit margin for the company is -1.42%. Distance from 52-week low is 9.64% and -36.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.53%).
The EPS is expected to shrink by -96.32% this year.
Johnson Outdoors Inc (JOUT) Top Institutional Holders
177.0 institutions hold shares in Johnson Outdoors Inc (JOUT), with institutional investors hold 88.32% of the company’s shares. The shares outstanding are 9.04M, and float is at 8.34M with Short Float at 6.10%. Institutions hold 79.97% of the Float.
The top institutional shareholder in the company is JOHNSON FINANCIAL GROUP, INC. with over 1.72 million shares valued at $60.12 million. The investor’s holdings represent 17.0024% of the JOUT Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 0.57 million shares valued at $$20.1 million to account for 5.6835 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.43 million shares representing 4.2112% and valued at over $14.89 million, while VANGUARD GROUP INC holds 3.4722 of the shares totaling 0.35 million with a market value of $12.28 million.
Johnson Outdoors Inc (JOUT) Insider Activity
The most recent transaction is an insider sale by Johnson David W,the company’sVice President and CFO. SEC filings show that Johnson David W sold 1,000 shares of the company’s common stock on Sep 13 ’23 at a price of $54.85 per share for a total of $54850.0. Following the sale, the insider now owns 26857.0 shares.
