Johnson Outdoors Inc. (JOUT) Trading at $86.66 Forms Bearish Multiple Bottom Pattern

June 27, 2018 - By Carey Conley

Big Money Sentiment decreased to 0.98 in Q1 2018. It has change of 0.16, from 2017Q4’s 1.14. The ratio fall due to Johnson Outdoors Inc. positioning: 10 sold and 45 reduced. 26 funds bought positions and 28 increased positions. Investors holded 6.04 million in 2017Q4 but now own 6.02 million shares or 0.28% less.
Moreover, North Star Invest Management has 0.36% invested in Johnson Outdoors Inc. (NASDAQ:JOUT). Metropolitan Life Ins New York has 0% invested in Johnson Outdoors Inc. (NASDAQ:JOUT). Ativo Capital Ltd Co has invested 0.17% in Johnson Outdoors Inc. (NASDAQ:JOUT). Vanguard Group Incorporated accumulated 209,809 shs. California State Teachers Retirement holds 0% of its capital in Johnson Outdoors Inc. (NASDAQ:JOUT) for 7,367 shs. Bogle Inv Lp De has 11,895 shs. Tiaa Cref Inv Mgmt Limited Liability holds 21,687 shs. Millennium Ltd Liability Corporation stated it has 48,606 shs. Renaissance Technologies owns 353,600 shs for 0.02% of their capital. Dimensional Fund Advisors Lp accumulated 0.02% or 737,040 shs. Bluecrest Management holds 0.03% of its capital in Johnson Outdoors Inc. (NASDAQ:JOUT) for 15,198 shs. Minnesota-based Us Financial Bank De has invested 0% in Johnson Outdoors Inc. (NASDAQ:JOUT). Parametric Associates Ltd holds 7,455 shs or 0% of its capital. National Bank Of New York Mellon owns 39,113 shs or 0% of their US capital. Northern Tru holds 79,743 shs.

Johnson Outdoors Inc. had 2 sales and 0 buys since January 8, 2018. This’s net activity of $135,760.

With $79.73 target Johnson Outdoors Inc. (JOUT) formed a multiple bottoms chart. That’s 8.00 % below today’s $86.66 price per share. On Jun, 27 this chart was reported by Finviz.com. At $79.73 stock target, the company valuation changes by $68.29M less.

Ticker’s shares touched $86.66 during the last trading session after 1.38% change.Currently Johnson Outdoors Inc. is uptrending after 71.56% change in last June 27, 2017. JOUT has 30,608 shares volume. The stock outperformed the S&P500 by 58.99%.

Investors expect Johnson Outdoors Inc. (NASDAQ:JOUT)’s quarterly earnings on August, 3., according to Zacks. earnings per share of $1.83 is 10.91 % up from 2017’s $1.65 EPS. This could be $18.03M profit for JOUT assuming the current $1.83 earnings per share will become reality. -14.88 % negative EPS growth is what Wall Street’s sees after $2.15 reported EPS last quarter.

A couple more Johnson Outdoors Inc. (NASDAQ:JOUT) news were released by: Streetinsider.com which released on June 01, 2018 “Johnson Outdoors (JOUT) Declares $0.12 Quarterly Class A Share Dividend; 0.6% Yield”, also Seekingalpha.com on May 30, 2018 released “Sporting goods sector reacts to Dick’s stunner”, the next Streetinsider.com is “Imperial Sees Johnson Outdoors (JOUT) New Products Driving Further Upside, PT To $95” on June 20, 2018. Investorplace.com has article titled “5 Top-Ranked Stocks for Easy Gains in Lazy June”.

Johnson Outdoors Inc. (NASDAQ:JOUT) Institutional Investors Chart

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