Johnson Outdoors Inc [JOUT] stock prices are up 0.22% to $32.04 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The JOUT shares have gain 7.92% over the last week, with a monthly amount glided 15.38%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Johnson Outdoors Inc [NASDAQ: JOUT] stock has seen the most recent analyst activity on September 08, 2020, when Sidoti upgraded its rating to a Buy and also boosted its price target to $103 from $99. Previously, Imperial Capital reaffirmed its Outperform rating on December 11, 2019, and elevated its price target to $90. On August 06, 2019, Imperial Capital reiterated its Outperform rating and revised its price target to $80 on the stock. Sidoti downgraded its rating to a Neutral. Imperial Capital reiterated its recommendation of a Outperform and raised its price target to $95 on May 09, 2019. Imperial Capital reiterated a Outperform rating for this stock on December 14, 2018, and downed its price target to $75. In a note dated August 08, 2018, Imperial Capital reiterated an Outperform rating on this stock and boosted its target price from $95 to $110.
The stock price of Johnson Outdoors Inc [JOUT] has been fluctuating between $21.33 and $43.13 over the past year. Johnson Outdoors Inc [NASDAQ: JOUT] shares were valued at $32.04 at the most recent close of the market.
Analyzing the JOUT fundamentals
The Johnson Outdoors Inc [NASDAQ:JOUT] reported sales of 554.34M for trailing twelve months, representing a drop of -4.27%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.1 and Total Capital is -0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.77 points at the first support level, and at 31.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.38, and for the 2nd resistance point, it is at 32.71.
Ratios To Look Out For
It’s worth pointing out that Johnson Outdoors Inc [NASDAQ:JOUT]’s Current Ratio is 3.88. Further, the Quick Ratio stands at 2.17, while the Cash Ratio is 0.9. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 0.74.
