- Despite its growing revenue, the company underperformed as compared with the industry average of 7.0%. Since the same quarter one year prior, revenues slightly increased by 5.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- JOUT's debt-to-equity ratio is very low at 0.04 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, JOUT has a quick ratio of 1.83, which demonstrates the ability of the company to cover short-term liquidity needs.
- 42.66% is the gross profit margin for JOHNSON OUTDOORS INC which we consider to be strong. Regardless of JOUT's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 3.42% trails the industry average.
- JOHNSON OUTDOORS INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, JOHNSON OUTDOORS INC increased its bottom line by earning $1.94 versus $1.08 in the prior year. For the next year, the market is expecting a contraction of 2.6% in earnings ($1.89 versus $1.94).
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Leisure Equipment & Products industry. The net income has significantly decreased by 65.6% when compared to the same quarter one year ago, falling from $13.65 million to $4.70 million.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Consumer Durables industry as a whole closed the day down 0.8% versus the S&P 500, which was down 0.3%. Laggards within the Consumer Durables industry included Natuzzi SPA ( NTZ), down 6.9%, Global-Tech Advanced Innovations ( GAI), down 2.1%, Virco Manufacturing ( VIRC), down 1.9%, Elecsys ( ESYS), down 2.2% and Johnson Outdoors ( JOUT), down 3.9%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today: Johnson Outdoors ( JOUT) is one of the companies that pushed the Consumer Durables industry lower today. Johnson Outdoors was down $1.05 (3.9%) to $25.90 on average volume. Throughout the day, 19,082 shares of Johnson Outdoors exchanged hands as compared to its average daily volume of 15,900 shares. The stock ranged in price between $25.88-$27.09 after having opened the day at $26.87 as compared to the previous trading day's close of $26.95. Johnson Outdoors Inc. manufactures and markets seasonal outdoor recreation products used for fishing, diving, paddling, hiking, and camping primarily in the United States, Canada, Europe, and the Pacific Basin. Johnson Outdoors has a market cap of $235.3 million and is part of the consumer goods sector. Shares are down 0.5% year-to-date as of the close of trading on Monday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Johnson Outdoors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Highlights from TheStreet Ratings analysis on JOUT go as follows: