Johnson Story

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JOUT -- USA Stock  

USD 121.97  2.78  2.33%

Johnson Outdoors Market Capitalization is comparatively stable at the moment as compared to the past year. Johnson Outdoors reported Market Capitalization of 364.77 Million in 2020. Tangible Asset Value is likely to gain to about 329 M in 2021, whereas Interest Coverage is likely to drop 28.63 in 2021. If you have been following Johnson you may be considering acquiring. Let's check if stable basic indicators will continue to push the price to gain for Johnson Outdoors' private investors. Johnson Outdoors current chance of bankruptcy is under 1 percent. Will private investors continue to be optimistic, or should we expect a sell-off?
Published over two weeks ago
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Does Johnson Outdoors (NASDAQ:JOUT) have stable basic indicators based on the newest gain?
On a scale of 0 to 100, Johnson Outdoors holds a performance score of 19. The company retains a Market Volatility (i.e. Beta) of 0.2271, which attests to not very significant fluctuations relative to the market. Let's try to break down what Johnson's beta means in this case. As returns on the market increase, Johnson Outdoors returns are expected to increase less than the market. However, during the bear market, the loss on holding Johnson Outdoors will be expected to be smaller as well. Although it is vital to follow Johnson Outdoors current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Johnson Outdoors, which you can use to evaluate the performance of the firm. Please utilizes Johnson Outdoors sortino ratio, as well as the relationship between the semi variance and rate of daily change to make a quick decision on whether Johnson Outdoors current trending patterns will revert.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Johnson Outdoors income statement, its balance sheet, and the statement of cash flows. Potential Johnson Outdoors investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Johnson Outdoors investors may use each financial statement separately, they are all related. The changes in Johnson Outdoors's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Johnson Outdoors's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Johnson Outdoors fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Johnson Outdoors performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Johnson Outdoors shares is the value that is considered the true value of the share. If the intrinsic value Johnson is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Johnson Outdoors.
Please read more on our fundamental analysis page.

And What about dividends?

A dividend is the distribution of a portion of Johnson Outdoors earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Johnson Outdoors dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Johnson one year expected dividend income is about $0.32 per share.
Dividends per Basic Common Share is likely to gain to 0.41 in 2021, whereas Payment of Dividends and Other Cash Distributions is likely to drop (3.4 M) in 2021.
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-3.2 M-3.4 M
Dividend Yield 0.009  0.008526 
Dividends per Basic Common Share 0.32  0.41 
Investing in dividend-paying stocks, such as Johnson Outdoors is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Johnson Outdoors must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Johnson Outdoors. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Johnson Outdoors's Liquidity

Johnson Outdoors financial leverage refers to using borrowed capital as a funding source to finance Johnson Outdoors ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Johnson Outdoors financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Johnson Outdoors's total debt and its cash.

How Johnson utilizes its cash?

To perform a cash flow analysis of Johnson Outdoors, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Johnson Outdoors is receiving and how much cash it distributes out in a given period. The Johnson Outdoors cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Johnson Outdoors Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Johnson Outdoors reported Net Cash Flow from Operations of 43.43 Million in 2020

Johnson Outdoors Gross Profit

Johnson Outdoors Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Johnson Outdoors previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Johnson Outdoors Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Another Deeper Perspective

Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Johnson Outdoors is not uncomon. There are few distinct groups of Johnson Outdoors stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Johnson is distributed among investors.

Ownership Allocation

Johnson Outdoors secures a total of 8.89 Million outstanding shares. 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 about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Retail Investors
17.89%
Insiders
9.48%
Institutions
72.63%
Retail Investors17.89
Insiders9.48
Institutions72.63
 2015 2020 2021 (projected)
Long Term Debt to Equity0.03380.03880.0521
Interest Coverage103.3831.928.63

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Johnson Outdoors has an asset utilization ratio of 191.51 percent. This implies that the company is making $1.92 for each dollar of assets. An increasing asset utilization means that Johnson Outdoors is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets
240.2 M
Assets Non Current
116.2 M
Current Assets240.19 Million59.95
Assets Non Current116.18 Million29.0
Goodwill27.4 Million6.84
Tax Assets16.88 Million4.21

Will Johnson Outdoors growth be reasonable after the gain?

Newest downside deviation is at 1.77. Johnson Outdoors has relatively low volatility with skewness of 0.37 and kurtosis of 1.16. However, we advise all investors to independently investigate Johnson Outdoors to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Whereas other companies under the leisure industry are still a bit expensive, Johnson Outdoors may offer a potential longer-term growth to private investors. All things considered, as of the 5th of February 2021, we see that Johnson Outdoors slowly supersedes the market. The firm is fairly valued with very small chance of bankruptcy within the next 24 months. Our primary 30 days buy-hold-sell advice on the firm is Strong Buy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Johnson Outdoors. Please refer to our Terms of Use for any information regarding our disclosure principles.

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