Escalade, Incorporated (NASDAQ:ESCA - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.75 and traded as high as $15.50. Escalade shares last traded at $14.35, with a volume of 23,614 shares changing hands.
Escalade Stock Up 1.8 %
The company has a market cap of $206.46 million, a P/E ratio of 16.07 and a beta of 1.14. The stock has a 50-day moving average of $15.16 and a two-hundred day moving average of $14.78. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.41 and a current ratio of 3.45.
Escalade (NASDAQ:ESCA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.01). Escalade had a net margin of 5.20% and a return on equity of 7.17%. The business had revenue of $251.51 million during the quarter, compared to analysts' expectations of $62.20 million. On average, research analysts anticipate that Escalade, Incorporated will post 0.93 EPS for the current fiscal year.
Escalade Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, April 7th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, April 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.97%. Escalade's dividend payout ratio (DPR) is currently 65.22%.
Institutional Investors Weigh In On Escalade
A number of hedge funds and other institutional investors have recently modified their holdings of ESCA. Tower Research Capital LLC TRC increased its stake in Escalade by 250.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,288 shares of the company's stock worth $33,000 after purchasing an additional 1,635 shares during the period. GAMMA Investing LLC raised its holdings in Escalade by 27,223.8% during the 1st quarter. GAMMA Investing LLC now owns 5,738 shares of the company's stock valued at $88,000 after buying an additional 5,717 shares during the last quarter. Wells Fargo & Company MN boosted its position in Escalade by 22.9% during the 4th quarter. Wells Fargo & Company MN now owns 6,870 shares of the company's stock valued at $98,000 after buying an additional 1,278 shares during the period. Renaissance Technologies LLC grew its holdings in Escalade by 6.9% in the 4th quarter. Renaissance Technologies LLC now owns 12,430 shares of the company's stock worth $178,000 after acquiring an additional 800 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Escalade by 251.3% during the third quarter. Barclays PLC now owns 13,185 shares of the company's stock valued at $186,000 after acquiring an additional 9,432 shares during the last quarter. Institutional investors own 65.22% of the company's stock.
Escalade Company Profile
(
Get Free Report)
Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.
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