Johnson Outdoors Inc (NASDAQ: JOUT) has recently experienced meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, the consensus estimate for September, 2024 decreased significantly, and the consensus estimate for September, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted Johnson Outdoors Inc (NASDAQ: JOUT): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
JOUT is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Johnson Outdoors has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Johnson Outdoors has a slightly positive Appreciation Score of 60 but a very low Power Rating of 1, and the Lowest Value Trend Rating results.
Recent Price Action
On 6/3/24, Johnson Outdoors Inc (NASDAQ: JOUT) stock declined slightly by -0.8%, closing at $36.11. Moreover, trading volume in this decline was exceptionally high at 201% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 2.0% during the last week.
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