Shares of Escalade, Inc. (NASDAQ:ESCA) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 12 month consensus price objective of $16.50 for the company and are forecasting that the company will post $0.09 earnings per share for the current quarter, according to Zacks. Zacks has also given Escalade an industry rank of 30 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research downgraded shares of Escalade from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd.
Shares of Escalade (NASDAQ:ESCA) opened at $13.85 on Monday. The company has a market cap of $199.08, a PE ratio of 17.76, a price-to-earnings-growth ratio of 0.99 and a beta of 0.16. Escalade has a fifty-two week low of $11.31 and a fifty-two week high of $14.38. The company has a current ratio of 4.11, a quick ratio of 2.31 and a debt-to-equity ratio of 0.20.
Escalade (NASDAQ:ESCA) last released its quarterly earnings data on Tuesday, February 27th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.03. The business had revenue of $48.69 million for the quarter, compared to the consensus estimate of $50.00 million. Escalade had a net margin of 8.09% and a return on equity of 10.43%. equities research analysts anticipate that Escalade will post 0.94 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 19th. Shareholders of record on Monday, March 12th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, March 9th. This is an increase from Escalade’s previous quarterly dividend of $0.12. This represents a $0.50 annualized dividend and a yield of 3.61%. Escalade’s dividend payout ratio is 50.51%.
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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