Escalade (ESCA) Given Daily News Sentiment Score of 0.16
News coverage about Escalade (NASDAQ:ESCA) has been trending somewhat positive on Friday, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Escalade earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.0492702340088 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
ESCA has been the topic of several recent research reports. Zacks Investment Research upgraded Escalade from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Aegis reiterated a “buy” rating and issued a $16.00 price target on shares of Escalade in a report on Monday, September 25th. TheStreet upgraded Escalade from a “c+” rating to a “b” rating in a report on Monday, July 31st. Finally, ValuEngine lowered Escalade from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $16.50.
Shares of Escalade (NASDAQ ESCA) traded up 0.36% on Friday, reaching $13.75. The company’s stock had a trading volume of 308 shares. The company has a market cap of $197.50 million, a P/E ratio of 17.65 and a beta of 0.12. The company’s 50 day moving average price is $12.89 and its 200 day moving average price is $12.67. Escalade has a 12-month low of $11.30 and a 12-month high of $14.70.
Escalade (NASDAQ:ESCA) last issued its quarterly earnings results on Monday, July 31st. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.08). Escalade had a return on equity of 6.62% and a net margin of 4.00%. The company had revenue of $52.39 million during the quarter, compared to the consensus estimate of $45.60 million. Analysts forecast that Escalade will post $0.73 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, September 18th. Stockholders of record on Monday, September 11th were given a $0.115 dividend. The ex-dividend date of this dividend was Friday, September 8th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 3.36%. Escalade’s dividend payout ratio is currently 58.23%.
In other news, CEO David L. Fetherman sold 9,250 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $12.11, for a total value of $112,017.50. Following the sale, the chief executive officer now directly owns 102,729 shares of the company’s stock, valued at approximately $1,244,048.19. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 20.00% of the company’s stock.
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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