Zacks: Escalade, Inc. (ESCA) Given Average Rating of “Strong Buy” by Brokerages
Shares of Escalade, Inc. (NASDAQ:ESCA) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.
Analysts have set a twelve-month consensus price objective of $16.50 for the company and are forecasting that the company will post $0.28 EPS for the current quarter, according to Zacks. Zacks has also given Escalade an industry rank of 69 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded Escalade from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd.
Escalade (NASDAQ ESCA) traded down $0.15 during trading on Monday, reaching $13.00. The company’s stock had a trading volume of 2,678 shares, compared to its average volume of 7,888. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.76 and a quick ratio of 1.84. The firm has a market capitalization of $188.97, a price-to-earnings ratio of 18.24, a price-to-earnings-growth ratio of 1.03 and a beta of 0.09. Escalade has a 12 month low of $11.31 and a 12 month high of $14.38.
Escalade (NASDAQ:ESCA) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $0.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.06. Escalade had a return on equity of 9.72% and a net margin of 5.89%. The business had revenue of $41.89 million for the quarter, compared to the consensus estimate of $40.40 million. equities research analysts anticipate that Escalade will post 0.75 earnings per share for the current fiscal year.
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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