Shares of Escalade, Inc. (NASDAQ:ESCA) have been assigned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.

Analysts have set a 12 month consensus price target of $16.50 for the company and are expecting that the company will post $0.28 EPS for the current quarter, according to Zacks. Zacks has also given Escalade an industry rank of 62 out of 265 based on the ratings given to related companies.

A number of research firms recently weighed in on ESCA. Zacks Investment Research cut Escalade from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Aegis reiterated a “buy” rating and set a $16.00 target price on shares of Escalade in a report on Monday, September 25th.

Escalade (NASDAQ ESCA) traded up $0.10 on Tuesday, hitting $13.00. The company had a trading volume of 3,400 shares, compared to its average volume of 8,589. The firm has a market cap of $186.82, a PE ratio of 18.31, a P/E/G ratio of 1.01 and a beta of 0.09. The company has a current ratio of 3.76, a quick ratio of 1.84 and a debt-to-equity ratio of 0.23. Escalade has a 1-year low of $11.31 and a 1-year high of $14.38.

Escalade (NASDAQ:ESCA) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. The business had revenue of $41.89 million for the quarter, compared to analysts’ expectations of $40.40 million. Escalade had a return on equity of 9.72% and a net margin of 5.89%. equities analysts expect that Escalade will post 0.75 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 18th. Shareholders of record on Monday, December 11th were issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend was Friday, December 8th. Escalade’s dividend payout ratio (DPR) is presently 64.79%.

Large investors have recently made changes to their positions in the business. Skylands Capital LLC grew its holdings in Escalade by 167.8% during the 3rd quarter. Skylands Capital LLC now owns 9,406 shares of the company’s stock valued at $128,000 after buying an additional 5,894 shares during the last quarter. Rhumbline Advisers grew its holdings in Escalade by 4.9% during the 2nd quarter. Rhumbline Advisers now owns 13,875 shares of the company’s stock valued at $182,000 after buying an additional 647 shares during the last quarter. Teachers Advisors LLC grew its holdings in Escalade by 18.2% during the 2nd quarter. Teachers Advisors LLC now owns 16,831 shares of the company’s stock valued at $220,000 after buying an additional 2,586 shares during the last quarter. Northern Trust Corp grew its holdings in Escalade by 7.2% during the 2nd quarter. Northern Trust Corp now owns 129,228 shares of the company’s stock valued at $1,693,000 after buying an additional 8,726 shares during the last quarter. Finally, State Street Corp grew its holdings in Escalade by 9.8% during the 2nd quarter. State Street Corp now owns 130,666 shares of the company’s stock valued at $1,710,000 after buying an additional 11,654 shares during the last quarter. Hedge funds and other institutional investors own 26.71% of the company’s stock.

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Escalade Company Profile

Escalade, Incorporated (Escalade) is a manufacturer and distributor of sporting goods through its subsidiary Escalade Sports. The Company operates in Sporting Goods (Escalade Sports) segment. Escalade Sports manufactures, imports and distributes sporting goods brands in basketball goals, archery, indoor and outdoor game recreation and fitness products through sporting goods retailers, specialty dealers, key online retailers, traditional department stores and mass merchants.

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