Alert: Negative Investment/Fundamental Signals (12/15/23)-Johnson Outdoors Inc (NASDAQ: JOUT)


Recent significant negative changes in fundamentals have affected Johnson Outdoors Inc (NASDAQ: JOUT): significant quarterly sales deceleration occurred, the consensus estimate for September, 2024 decreased significantly, and the consensus estimate for September, 2025 decreased significantly.

Important negative changes in Johnson Outdoors Inc (NASDAQ: JOUT) investment behavior have recently occurred: its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, JOUT is expected to be a modest Value Builder.

Johnson Outdoors has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Johnson Outdoors has a neutral Appreciation Score of 51 but a poor Power Rating of 18, leading to the Negative Value Trend Rating.

Recent Price Action

On 12/15/23, Johnson Outdoors Inc (NASDAQ: JOUT) stock rose modestly by 0.6%, closing at $49.35. Moreover, unusually high trading volume at 192% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -9.4% during the last week.

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