Johnson Outdoors (NASDAQ:JOUT) Hits New 12-Month High at $150.73

Johnson Outdoors Inc. (NASDAQ:JOUT)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $150.73 and last traded at $148.87, with a volume of 37 shares traded. The stock had previously closed at $148.98.

The company has a market cap of $1.47 billion, a P/E ratio of 26.70 and a beta of 0.88. The stock’s 50 day moving average is $136.38 and its 200-day moving average is $107.68.

Johnson Outdoors (NASDAQ:JOUT) last announced its quarterly earnings results on Thursday, February 4th. The company reported $1.96 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.89 by $1.07. The company had revenue of $165.67 million for the quarter. Johnson Outdoors had a net margin of 9.30% and a return on equity of 15.59%.

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 29th. Investors of record on Thursday, April 15th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Wednesday, April 14th.

In other Johnson Outdoors news, CFO David W. Johnson sold 1,000 shares of the company’s stock in a transaction dated Friday, January 15th. The shares were sold at an average price of $112.73, for a total transaction of $112,730.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Thomas F. Pyle, Jr. sold 2,981 shares of the company’s stock in a transaction dated Thursday, April 1st. The shares were sold at an average price of $143.47, for a total transaction of $427,684.07. Following the transaction, the director now owns 35,895 shares in the company, valued at approximately $5,149,855.65. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,312 shares of company stock worth $1,041,350. 18.60% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC bought a new position in Johnson Outdoors during the 4th quarter valued at about $100,000. International Assets Investment Management LLC bought a new position in shares of Johnson Outdoors in the 4th quarter worth approximately $118,000. Citigroup Inc. lifted its stake in shares of Johnson Outdoors by 18.0% in the 4th quarter. Citigroup Inc. now owns 1,082 shares of the company’s stock worth $122,000 after purchasing an additional 165 shares during the period. Arizona State Retirement System bought a new position in shares of Johnson Outdoors in the 4th quarter worth approximately $203,000. Finally, Janus Henderson Group PLC bought a new position in shares of Johnson Outdoors in the 4th quarter worth approximately $246,000. Institutional investors and hedge funds own 65.30% of the company’s stock.

About Johnson Outdoors (NASDAQ:JOUT)

Johnson Outdoors Inc designs, manufactures, and markets camping, diving, watercraft, and marine electronics products worldwide. The company's Fishing segment offers electric motors for trolling or primary propulsion, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.

Featured Story: How to invest using market indexes

Receive News & Ratings for Johnson Outdoors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Outdoors and related companies with MarketBeat.com's FREE daily email newsletter.