Escalade, Inc. (ESCA) Given Consensus Rating of “Strong Buy” by Analysts

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

Brokerages have set a 1 year consensus price target of $16.50 for the company and are predicting that the company will post $0.28 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Escalade an industry rank of 92 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research cut Escalade from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd.

Several large investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers lifted its stake in shares of Escalade by 4.9% in the second quarter. Rhumbline Advisers now owns 13,875 shares of the company’s stock worth $182,000 after acquiring an additional 647 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Escalade by 0.3% in the second quarter. Vanguard Group Inc. now owns 317,308 shares of the company’s stock worth $4,157,000 after acquiring an additional 890 shares in the last quarter. Teachers Advisors LLC lifted its stake in shares of Escalade by 18.2% in the second quarter. Teachers Advisors LLC now owns 16,831 shares of the company’s stock worth $220,000 after acquiring an additional 2,586 shares in the last quarter. Skylands Capital LLC lifted its stake in shares of Escalade by 167.8% in the third quarter. Skylands Capital LLC now owns 9,406 shares of the company’s stock worth $128,000 after acquiring an additional 5,894 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Escalade by 7.2% in the second quarter. Northern Trust Corp now owns 129,228 shares of the company’s stock worth $1,693,000 after acquiring an additional 8,726 shares in the last quarter. Institutional investors and hedge funds own 26.66% of the company’s stock.

Shares of Escalade (ESCA) traded up $0.05 on Thursday, hitting $12.55. The company’s stock had a trading volume of 11,248 shares, compared to its average volume of 10,168. The firm has a market capitalization of $178.20, a PE ratio of 17.68, a PEG ratio of 0.97 and a beta of 0.09. Escalade has a 12 month low of $11.31 and a 12 month high of $14.38. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.84 and a current ratio of 3.76.

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About Escalade

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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