(JOUT) Johnson Outdoors - Ratings and Ratios

Johnson Outdoors Inc. (NASDAQ:JOUT) is a leading global manufacturer and marketer of outdoor recreation products, specializing in seasonal and water-based activities. Established in 1970 and headquartered in Racine, Wisconsin, the company operates through four distinct segments: Fishing, Camping, Watercraft Recreation, and Diving. Its product portfolio is designed to cater to both recreational and professional markets, emphasizing innovation, durability, and performance.

The Fishing segment, the companys largest revenue contributor, offers a range of products including electric trolling motors, marine battery chargers, shallow water anchors, sonar and GPS equipment, and downriggers. These products are marketed under the Minn Kota, Humminbird, and Cannon brands, targeting both freshwater and saltwater anglers. Distribution channels include outdoor specialty retailers, retail chains, internet dealers, original equipment manufacturers, and distributors.

The Camping segment focuses on portable outdoor cooking solutions, producing single and dual-burner stoves, cooking systems, and accessories under the Jetboil brand. These products are popular among camping and backpacking enthusiasts, sold through specialty stores, sporting goods retailers, internet platforms, and direct-to-consumer channels.

The Watercraft Recreation segment manufactures kayaks, canoes, paddles, and related accessories under the Old Town and Carlisle brands. These products are designed for family recreation, touring, and fishing, distributed through independent specialty and outdoor retailers.

The Diving segment provides a comprehensive range of underwater diving and snorkeling equipment, including regulators, buoyancy compensators, dive computers, wetsuits, masks, fins, and snorkels. Marketed under the SCUBAPRO brand, this segment also offers maintenance, repair, education, and travel services, serving dive training centers, resorts, and public safety units.

With a market capitalization of $292.95M, the company trades on the NASDAQ under the ticker symbol JOUT. Its financial metrics include a forward P/E of 22.37, P/B of 0.68, and P/S of 0.52. The stock has shown recent trading activity with an average 20-day volume of 50,850 shares and a last price of $26.90. Technical indicators such as the SMA 20, SMA 50, and SMA 200 are currently at $28.87, $31.94, and $34.04, respectively, with an ATR of 1.17. The return on equity stands at -10.40%, reflecting current profitability challenges.

3-Month Forecast: Based on the convergence of technical and fundamental data, JOUT is expected to face headwinds in the near term. The stocks price action is likely to remain range-bound between $24.50 and $29.30, influenced by the SMA 20 and SMA 50 resistance levels. The ATR of 1.17 suggests moderate volatility, while the P/S ratio of 0.52 indicates potential undervaluation relative to peers. However, the negative RoE of -10.40% raises concerns about profitability, which could weigh on investor sentiment. Overall, the stock is projected to trade sideways with a slight bearish bias, targeting the lower end of the range by the end of the forecast period.