Johnson Outdoors (JOUT) AI Stock Analysis

• Market Cap: $309.06M
• Dividend Yield: 4.37%
• Average Volume (3M): 42.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: -7.28%
• EPS Growth: -924.86%
• Country: US
• Employees: 1,200
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Leisure
• EPS (TTM): 0.22
• Shares Outstanding: 9,125,764
• 10 Day Avg. Volume: 41,201
• 30 Day Avg. Volume: 42,663
• PEG Ratio: -0.25
• Price to Book (P/B): 1.05
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.47
• Enterprise Value/Market Cap: 1.43
• Enterprise Value/Revenue: 0.19
• Enterprise Value/Gross Profit: 2.49
• Enterprise Value/Ebitda: -5.79
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: $32.00 ▲(5.51%Upside)

Johnson Outdoors' overall score is influenced by a mixed financial performance, with operational challenges despite a strong balance sheet. Technical analysis shows positive momentum, but valuation concerns arise from a negative P/E ratio. Earnings call insights highlight successful product launches and inventory management, offset by market and tariff challenges.

Johnson Outdoors Business Overview & Revenue Model

Company Description

Johnson Outdoors Inc. (JOUT) is a leading global manufacturer and marketer of outdoor recreational products. The company operates in several sectors, including Marine Electronics, Outdoor Equipment, Watercraft Recreation, and Diving. Johnson Outdoors is known for its innovative, high-quality products that enhance the outdoor experience, with core offerings such as fish finders, GPS systems, camping equipment, kayaks, and diving gear.

How the Company Makes Money

Johnson Outdoors generates revenue through the design, manufacturing, and sale of its outdoor recreation products across various sectors. The company earns money primarily from its Marine Electronics segment, which includes popular brands like Humminbird and Minn Kota, known for their fish finders, trolling motors, and related accessories. Additionally, the Outdoor Equipment segment contributes to earnings through the sale of camping gear and tents under brands like Eureka!. The Watercraft Recreation segment adds to revenue with products such as kayaks and canoes, sold under the Old Town brand. The Diving segment, with its SCUBAPRO brand, provides a range of diving equipment. Johnson Outdoors also benefits from strategic partnerships and a robust distribution network, which helps in expanding its market reach and enhancing sales.

Johnson Outdoors Financial Statement Overview

Summary

Johnson Outdoors faces significant revenue and profitability challenges, as evidenced by negative growth and margins. Despite a strong balance sheet with no current debt and solid equity, cash flow improvements are overshadowed by operational difficulties, indicating a mixed financial outlook.

Income Statement

Johnson Outdoors has experienced a notable decline in revenue from previous years, with a negative revenue growth rate in the TTM. Gross profit margin is moderate at approximately 32.6% for TTM, but the company is suffering from negative EBIT and net profit margins, indicating operational challenges and profitability issues. The trend of declining revenue and negative profitability metrics is concerning.

Balance Sheet

The company maintains a solid balance sheet with no current total debt and a strong equity position, resulting in a favorable debt-to-equity ratio of zero in the TTM. The equity ratio is robust at about 71.8%, indicating a stable financial structure. However, decreasing stockholder equity and total assets over time could be a potential risk.

Cash Flow

Free cash flow has improved significantly in the TTM, showing growth from previous periods. The operating cash flow to net income ratio is favorable, indicating strong cash generation relative to net losses. However, fluctuations in cash flow and a history of negative free cash flow in recent years suggest potential volatility.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
554.34M	592.85M	663.84M	743.36M	751.65M	594.21M
	Gross Profit
177.74M	200.98M	244.09M	271.33M	334.13M	264.99M
	EBIT
-58.65M	-43.52M	11.74M	52.08M	111.28M	56.14M
	EBITDA
-38.22M	-10.10M	42.27M	73.12M	126.47M	88.77M
	Net Income Common Stockholders
-45.63M	-26.53M	19.53M	44.49M	83.38M	55.23M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
93.95M	162.04M	138.62M	129.80M	240.45M	212.44M
	Total Assets
624.47M	635.21M	681.61M	679.93M	674.29M	546.03M
	Total Debt
0.00	49.33M	52.34M	57.90M	49.99M	41.52M
	Net Debt
-93.95M	-96.16M	-59.51M	-71.90M	-190.45M	-170.92M
	Total Liabilities
183.37M	171.79M	181.87M	191.92M	215.78M	167.93M
	Stockholders Equity
441.10M	463.42M	499.74M	488.01M	458.50M	378.10M
Cash Flow		Free Cash Flow
73.56M	18.97M	19.05M	-93.83M	36.91M	45.89M
	Operating Cash Flow
92.75M	40.98M	41.71M	-62.14M	58.32M	61.49M
	Investing Cash Flow
2.45M	5.03M	-48.37M	-31.68M	-21.38M	-15.59M
	Financing Cash Flow
-6.75M	-13.70M	-12.73M	-12.23M	-9.03M	-7.11M

Johnson Outdoors Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 30.33
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JOUT, the sentiment is Positive. The current price of 30.33 is above the 20-day moving average (MA) of 27.55, above the 50-day MA of 25.21, and above the 200-day MA of 30.12, indicating a bullish trend. The MACD of 0.98 indicates Negative momentum. The RSI at 70.56 is Negative, neither overbought nor oversold. The STOCH value of 83.12 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JOUT.

Johnson Outdoors Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOLF	81 Outperform	$4.27B	20.20	27.15%	1.29%	2.07%	24.87%
Sector *	63 Neutral	$6.94B	11.34	2.80%	4.26%	2.68%	-24.70%
JOUT	61 Neutral	$309.06M	―	-9.70%	4.37%	-7.28%	-924.86%
CLAR	55 Neutral	$134.41M	33.59	-32.32%	2.86%	-1.01%	-886.54%
MODG	54 Neutral	$1.44B	―	-46.00%	―	-1.74%	-2020.38%
AOUT	54 Neutral	$152.31M	―	-2.43%	―	4.91%	58.25%
YYAI	25 Underperform	$13.98M	―	-124.69%	―	-45.46%	96.89%

Johnson Outdoors Corporate Events

Johnson Outdoors Declares Quarterly Cash Dividend

On February 28, 2025, Johnson Outdoors Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.33 per Class A share and $0.30 per Class B share, payable on April 24, 2025, to shareholders of record as of April 10, 2025. This decision reflects the company’s ongoing commitment to delivering value to its shareholders and may enhance its attractiveness to investors by providing a steady income stream.