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.

Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its position in shares of Escalade by 2.8% in the third quarter. Dimensional Fund Advisors LP now owns 381,141 shares of the company’s stock valued at $5,184,000 after acquiring an additional 10,556 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Escalade by 0.3% in the second quarter. Vanguard Group Inc. now owns 317,308 shares of the company’s stock valued at $4,157,000 after acquiring an additional 890 shares in the last quarter. State Street Corp lifted its position in shares of Escalade by 9.8% in the second quarter. State Street Corp now owns 130,666 shares of the company’s stock valued at $1,710,000 after acquiring an additional 11,654 shares in the last quarter. Northern Trust Corp lifted its position in shares of Escalade by 7.2% in the second quarter. Northern Trust Corp now owns 129,228 shares of the company’s stock valued at $1,693,000 after acquiring an additional 8,726 shares in the last quarter. Finally, Teachers Advisors LLC lifted its position in shares of Escalade by 18.2% in the second quarter. Teachers Advisors LLC now owns 16,831 shares of the company’s stock valued at $220,000 after acquiring an additional 2,586 shares in the last quarter. Institutional investors and hedge funds own 26.66% of the company’s stock.

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.

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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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