Johnson Outdoors Stock Buy Hold or Sell Recommendation
| JOUT Stock | USD 42.78 0.38 0.90% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Johnson Outdoors is 'Hold'. Macroaxis provides Johnson Outdoors buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding JOUT positions. The advice algorithm takes into account all of Johnson Outdoors' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Johnson Outdoors' buy or sell advice are summarized below:
Real Value 54.19 | Target Price 87 | Hype Value 42.58 | Market Value 42.78 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Johnson Outdoors given historical horizon and risk tolerance towards Johnson Outdoors. When Macroaxis issues a 'buy' or 'sell' recommendation for Johnson Outdoors, the advice is generated through an automated system that utilizes algorithms and statistical models.
Johnson |
Execute Johnson Outdoors Buy or Sell Advice
The Johnson recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Johnson Outdoors. Macroaxis does not own or have any residual interests in Johnson Outdoors or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Johnson Outdoors' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Johnson Outdoors Trading Alerts and Improvement Suggestions
| Johnson Outdoors generated a negative expected return over the last 90 days | |
| Johnson Outdoors has a strong financial position based on the latest SEC filings | |
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from globenewswire.com: Disposition of 350 shares by Edward Lang of Johnson Outdoors at 142.0043 subject to Rule 16b-3 |
Johnson Outdoors Returns Distribution Density
The distribution of Johnson Outdoors' historical returns is an attempt to chart the uncertainty of Johnson Outdoors' future price movements. The chart of the probability distribution of Johnson Outdoors daily returns describes the distribution of returns around its average expected value. We use Johnson Outdoors price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Johnson Outdoors returns is essential to provide solid investment advice for Johnson Outdoors.
| Mean Return | -0.13 | Value At Risk | -3.52 | Potential Upside | 3.46 | Standard Deviation | 1.97 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Johnson Outdoors historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Johnson Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Johnson Outdoors is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Johnson Outdoors backward and forwards among themselves. Johnson Outdoors' institutional investor refers to the entity that pools money to purchase Johnson Outdoors' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Proshare Advisors Llc | 2023-12-31 | 139 K | Geode Capital Management, Llc | 2023-12-31 | 131.5 K | Skylands Capital, Llc | 2023-12-31 | 95.4 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 94.3 K | Crawford Investment Counsel, Inc | 2023-12-31 | 93.7 K | Allspring Global Investments Holdings, Llc | 2023-12-31 | 78.1 K | North Star Investment Management Corp | 2023-12-31 | 76.3 K | Bank Of New York Mellon Corp | 2023-12-31 | 67.5 K | Northern Trust Corp | 2023-12-31 | 60.3 K | Johnson Financial Group Inc | 2023-12-31 | 1.6 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 634.3 K |
Johnson Outdoors Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (2.9M) | (69.6M) | (89.3M) | (28.4M) | (25.5M) | (24.3M) | |
| Change In Cash | 40.1M | 28.0M | (110.6M) | (17.9M) | (20.6M) | (19.6M) | |
| Free Cash Flow | 45.9M | 36.9M | (93.8M) | 19.0M | 21.9M | 23.0M | |
| Depreciation | 14.9M | 13.4M | 14.2M | 16.3M | 18.7M | 12.0M | |
| Other Non Cash Items | 3.0M | 850K | 4.5M | 4.0M | 4.6M | 4.4M | |
| Capital Expenditures | 15.6M | 21.4M | 31.7M | 22.7M | 20.4M | 12.4M | |
| Net Income | 55.2M | 83.4M | 44.5M | 19.5M | 22.5M | 14.4M | |
| End Period Cash Flow | 212.4M | 240.4M | 129.8M | 111.9M | 128.6M | 66.4M | |
| Dividends Paid | 6.8M | 8.4M | 12.1M | 12.6M | 14.4M | 15.2M | |
| Change Receivables | (6.1M) | (24.6M) | (3.9M) | (22.0M) | (19.8M) | (18.8M) | |
| Change To Netincome | 4.5M | 6.5M | 2.3M | 11.5M | 13.2M | 13.9M | |
| Investments | (15.6M) | (21.4M) | (31.7M) | (48.4M) | (55.6M) | (52.8M) |
Johnson Outdoors Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Johnson Outdoors or Leisure Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Johnson Outdoors' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Johnson stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.23 | |
β | Beta against NYSE Composite | 1.54 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | -0.1 |
Johnson Outdoors Volatility Alert
Johnson Outdoors exhibits very low volatility with skewness of -0.32 and kurtosis of 0.77. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Johnson Outdoors' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Johnson Outdoors' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Johnson Outdoors Fundamentals Vs Peers
Comparing Johnson Outdoors' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Johnson Outdoors' direct or indirect competition across all of the common fundamentals between Johnson Outdoors and the related equities. This way, we can detect undervalued stocks with similar characteristics as Johnson Outdoors or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Johnson Outdoors' fundamental indicators could also be used in its relative valuation, which is a method of valuing Johnson Outdoors by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Johnson Outdoors to competition |
| Fundamentals | Johnson Outdoors | Peer Average |
| Return On Equity | 0.0353 | -0.31 |
| Return On Asset | 0.0057 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.0003 % | (5.51) % |
| Current Valuation | 377.87 M | 16.62 B |
| Shares Outstanding | 9.08 M | 571.82 M |
| Shares Owned By Insiders | 9.46 % | 10.09 % |
| Shares Owned By Institutions | 75.83 % | 39.21 % |
| Number Of Shares Shorted | 362.47 K | 4.71 M |
| Price To Earning | 8.34 X | 28.72 X |
| Price To Book | 0.88 X | 9.51 X |
| Price To Sales | 0.71 X | 11.42 X |
| Revenue | 663.84 M | 9.43 B |
| Gross Profit | 271.33 M | 27.38 B |
| EBITDA | 28.04 M | 3.9 B |
| Net Income | 19.53 M | 570.98 M |
| Cash And Equivalents | 117.57 M | 2.7 B |
| Cash Per Share | 11.65 X | 5.01 X |
| Total Debt | 52.34 M | 5.32 B |
| Debt To Equity | 0.11 % | 48.70 % |
| Current Ratio | 4.11 X | 2.16 X |
| Book Value Per Share | 49.48 X | 1.93 K |
| Cash Flow From Operations | 41.71 M | 971.22 M |
| Short Ratio | 8.39 X | 4.00 X |
| Earnings Per Share | 1.71 X | 3.12 X |
| Price To Earnings To Growth | 1.20 X | 4.89 X |
| Target Price | 75.0 | |
| Number Of Employees | 1.4 K | 18.84 K |
| Beta | 0.73 | -0.15 |
| Market Capitalization | 438.19 M | 19.03 B |
| Total Asset | 681.61 M | 29.47 B |
| Retained Earnings | 409.57 M | 9.33 B |
| Working Capital | 354.65 M | 1.48 B |
Note: Purchase by Tisch Daniel R of 801 shares of Johnson Outdoors [view details]
Johnson Outdoors Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Johnson . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Johnson Outdoors Buy or Sell Advice
When is the right time to buy or sell Johnson Outdoors? Buying financial instruments such as Johnson Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 57.9M | 52.3M | 47.1M | 45.3M | Total Assets | 679.9M | 681.6M | 783.8M | 823.0M |
Use Investing Ideas to Build Portfolios
In addition to having Johnson Outdoors in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Developed Markets Basket ETFs Thematic Idea Now
Developed Markets Basket ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Developed Markets Basket ETFs theme has 18 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Developed Markets Basket ETFs Theme or any other thematic opportunities.
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Check out Johnson Outdoors Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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When running Johnson Outdoors' price analysis, check to measure Johnson Outdoors' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.
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Is Johnson Outdoors' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Johnson Outdoors. If investors know Johnson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Johnson Outdoors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 1.26 | Earnings Share 1.71 | Revenue Per Share 61.262 | Quarterly Revenue Growth (0.22) |
The market value of Johnson Outdoors is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Outdoors' value that differs from its market value or its book value, called intrinsic value, which is Johnson Outdoors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Johnson Outdoors' market value can be influenced by many factors that don't directly affect Johnson Outdoors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Johnson Outdoors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Outdoors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Outdoors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.