Important negative changes in Johnson Outdoors Inc (NASDAQ: JOUT) fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for September, 2024 decreased significantly, and the consensus estimate for September, 2025 decreased significantly.
Johnson Outdoors Inc (NASDAQ: JOUT). Important negative changes in investment behavior have recently occurred: 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). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Johnson Outdoors has a neutral Appreciation Score of 60 but a very low Power Rating of 1, with the Lowest Value Trend Rating the result.
Recent Price Action
Johnson Outdoors Inc (NASDAQ: JOUT) stock declined modestly by -1.2% on 5/23/24. The stock closed at $35.40. Moreover, this decline was accompanied by exceptionally high trading volume at 230% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -5.8% during the last week.
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