Johnson Outdoors Stock Today

JOUT Stock  USD 43.89  1.22  2.70%   

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Odds Of Distress

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Johnson Outdoors is selling for under 43.89 as of the 28th of March 2024; that is -2.7 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 43.88. Johnson Outdoors has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Johnson Outdoors are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
26th of March 1990
Category
Consumer Cyclical
Classification
Consumer Discretionary
Johnson Outdoors Inc. designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. The company was founded in 1970 and is headquartered in Racine, Wisconsin. Johnson Outdoors operates under Leisure classification in the United States and is traded on NASDAQ Exchange. The company has 9.08 M outstanding shares of which 341.57 K shares are currently shorted by private and institutional investors with about 6.93 trading days to cover. More on Johnson Outdoors

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Johnson Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Johnson Outdoors' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Johnson Outdoors or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanThomas Pyle
Thematic Ideas
(View all Themes)
Business ConcentrationLeisure Products, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Recreation, Sports, Consumer Discretionary, Leisure Products, Leisure, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Johnson Outdoors report their recommendations after researching Johnson Outdoors' financial statements, talking to executives and customers, or listening in on Johnson Outdoors' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Johnson Outdoors. The Johnson consensus assessment is calculated by taking the average forecast from all of the analysts covering Johnson Outdoors.
Financial Strength
Based on the key indicators related to Johnson Outdoors' liquidity, profitability, solvency, and operating efficiency, Johnson Outdoors may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Johnson Outdoors is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06870.0654
Sufficiently Up
Slightly volatile
Asset Turnover1.521.0933
Significantly Up
Very volatile
Gross Profit Margin0.460.365
Significantly Up
Slightly volatile
Total Current Liabilities80.6 M119.6 M
Way Down
Slightly volatile
Non Current Liabilities Total40.6 M70.1 M
Way Down
Slightly volatile
Total Assets823 M783.8 M
Sufficiently Up
Slightly volatile
Total Current Assets553.8 M527.5 M
Sufficiently Up
Slightly volatile
Johnson Outdoors' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Johnson Outdoors' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Johnson Outdoors' financial leverage. It provides some insight into what part of Johnson Outdoors' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Johnson Outdoors' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Johnson Outdoors deploys its capital and how much of that capital is borrowed.
Liquidity
Johnson Outdoors cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 52.34 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Johnson Outdoors has a current ratio of 4.03, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Johnson Outdoors until it has trouble settling it off, either with new capital or with free cash flow. So, Johnson Outdoors' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Johnson Outdoors sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Johnson to invest in growth at high rates of return. When we think about Johnson Outdoors' use of debt, we should always consider it together with cash and equity.

Capital Expenditures

12.39 Million
Johnson Outdoors (JOUT) is traded on NASDAQ Exchange in USA. It is located in 555 Main Street, Racine, WI, United States, 53403 and employs 1,400 people. Johnson Outdoors is listed under Leisure Products category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 451.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Johnson Outdoors's market, we take the total number of its shares issued and multiply it by Johnson Outdoors's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Johnson Outdoors conducts business under Leisure Products sector and is part of Consumer Discretionary industry. The entity has 9.08 M outstanding shares of which 341.57 K shares are currently shorted by private and institutional investors with about 6.93 trading days to cover. Johnson Outdoors currently holds about 117.57 M in cash with 41.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.65.
Check Johnson Outdoors Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Johnson Outdoors is $451.35 Million. The majority of Johnson Outdoors outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Johnson Outdoors to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Johnson Outdoors. Please pay attention to any change in the institutional holdings of Johnson Outdoors as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Johnson Ownership Details

Johnson Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Johnson Outdoors jumping above the current price in 90 days from now is about 84.23%. The Johnson Outdoors probability density function shows the probability of Johnson Outdoors stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Johnson Outdoors has a beta of -0.1836. This indicates as returns on benchmark increase, returns on holding Johnson Outdoors are expected to decrease at a much lower rate. During the bear market, however, Johnson Outdoors is likely to outperform the market. Additionally, johnson Outdoors has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 43.89HorizonTargetOdds Above 43.89
15.64%90 days
 43.89 
84.23%
Based on a normal probability distribution, the odds of Johnson Outdoors to move above the current price in 90 days from now is about 84.23 (This Johnson Outdoors probability density function shows the probability of Johnson Stock to fall within a particular range of prices over 90 days) .

Johnson Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Johnson Outdoors that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Johnson Outdoors' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Johnson Outdoors' value.
InstituionRecorded OnShares
Proshare Advisors Llc2023-12-31
139 K
Geode Capital Management, Llc2023-12-31
131.5 K
Skylands Capital, Llc2023-12-31
95.4 K
Morgan Stanley - Brokerage Accounts2023-12-31
94.3 K
Crawford Investment Counsel, Inc2023-12-31
93.7 K
Allspring Global Investments Holdings, Llc2023-12-31
78.1 K
North Star Investment Management Corp2023-12-31
76.3 K
Bank Of New York Mellon Corp2023-12-31
67.5 K
Northern Trust Corp2023-12-31
60.3 K
Johnson Financial Group Inc2023-12-31
1.6 M
Dimensional Fund Advisors, Inc.2023-12-31
634.3 K
View Johnson Outdoors Diagnostics

Johnson Outdoors Historical Income Statement

Johnson Outdoors Income Statement is one of the three primary financial statements used for reporting Johnson's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Johnson Outdoors revenue and expense. Johnson Outdoors Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Johnson Outdoors' EBITDA is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 11.7 M in 2024, whereas Total Revenue is likely to drop slightly above 440.3 M in 2024. View More Fundamentals

Johnson Stock Against Markets

Picking the right benchmark for Johnson Outdoors stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Johnson Outdoors stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Johnson Outdoors is critical whether you are bullish or bearish towards Johnson Outdoors at a given time. Please also check how Johnson Outdoors' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Johnson Outdoors without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Johnson Outdoors Corporate Directors

Johnson Outdoors corporate directors refer to members of a Johnson Outdoors board of directors. The board of directors generally takes responsibility for the Johnson Outdoors' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Johnson Outdoors' board members must vote for the resolution. The Johnson Outdoors board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William PerezIndependent DirectorProfile
Katherine BellIndependent DirectorProfile
W McCollumDirectorProfile
Edward LangIndependent DirectorProfile

How to buy Johnson Stock?

Before investing in Johnson Outdoors, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Johnson Outdoors. To buy Johnson Outdoors stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Johnson Outdoors. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Johnson Outdoors stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Johnson Outdoors stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Johnson Outdoors stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Johnson Outdoors, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.

Already Invested in Johnson Outdoors?

The danger of trading Johnson Outdoors is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Johnson Outdoors is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Johnson Outdoors. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Johnson Outdoors is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Johnson Outdoors is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Outdoors Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Outdoors Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Outdoors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Johnson Outdoors' price analysis, check to measure Johnson Outdoors' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.
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Is Johnson Outdoors' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Johnson Outdoors. If investors know Johnson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Johnson Outdoors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
1.28
Earnings Share
1.71
Revenue Per Share
61.262
Quarterly Revenue Growth
(0.22)
The market value of Johnson Outdoors is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Outdoors' value that differs from its market value or its book value, called intrinsic value, which is Johnson Outdoors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Johnson Outdoors' market value can be influenced by many factors that don't directly affect Johnson Outdoors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Johnson Outdoors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Outdoors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Outdoors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.