Escalade (ESCA) Set to Announce Quarterly Earnings on Wednesday

Escalade (NASDAQ:ESCA) is set to announce its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.29 per share for the quarter.

Escalade (NASDAQ:ESCA) opened at $12.70 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.84 and a current ratio of 3.76. The company has a market cap of $182.51, a price-to-earnings ratio of 18.14, a P/E/G ratio of 1.00 and a beta of 0.09. Escalade has a 12 month low of $11.31 and a 12 month high of $14.38.

A hedge fund recently raised its stake in Escalade stock. State Street Corp raised its stake in Escalade, Inc. (NASDAQ:ESCA) by 9.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,666 shares of the company’s stock after acquiring an additional 11,654 shares during the period. State Street Corp owned 0.91% of Escalade worth $1,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 26.57% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research upgraded shares of Escalade from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Wednesday, November 22nd. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $16.00.

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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.

Earnings History for Escalade (NASDAQ:ESCA)

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