Aegis Comments on Escalade's FY2025 Earnings (NASDAQ:ESCA)

Escalade, Incorporated (NASDAQ:ESCA - Free Report) - Analysts at Aegis decreased their FY2025 earnings estimates for shares of Escalade in a research note issued on Tuesday, June 24th. Aegis analyst R. Dionisio now forecasts that the company will post earnings of $0.89 per share for the year, down from their previous forecast of $0.95. The consensus estimate for Escalade's current full-year earnings is $0.93 per share.

Escalade (NASDAQ:ESCA - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.13 by $0.06. The firm had revenue of $55.48 million during the quarter, compared to analyst estimates of $54.44 million. Escalade had a net margin of 5.54% and a return on equity of 7.49%.

Separately, Wall Street Zen upgraded shares of Escalade from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 16th.

Escalade Stock Up 1.9%

Shares of NASDAQ ESCA traded up $0.26 during trading hours on Thursday, hitting $14.21. 66,335 shares of the stock were exchanged, compared to its average volume of 21,731. The company has a quick ratio of 1.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.10. The company has a market cap of $195.96 million, a PE ratio of 14.50 and a beta of 0.81. The firm has a fifty day moving average price of $14.60 and a 200-day moving average price of $14.86. Escalade has a 12 month low of $12.54 and a 12 month high of $16.99.

Institutional Trading of Escalade

Several large investors have recently bought and sold shares of the stock. Renaissance Technologies LLC grew its position in Escalade by 6.9% during the 4th quarter. Renaissance Technologies LLC now owns 12,430 shares of the company's stock worth $178,000 after purchasing an additional 800 shares during the last quarter. Wells Fargo & Company MN grew 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 worth $98,000 after purchasing an additional 1,278 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Escalade by 250.4% during 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 last quarter. Barclays PLC grew its position in Escalade by 14.1% during the 4th quarter. Barclays PLC now owns 15,041 shares of the company's stock worth $214,000 after purchasing an additional 1,856 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Escalade by 8.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 28,786 shares of the company's stock valued at $411,000 after acquiring an additional 2,221 shares during the last quarter. Hedge funds and other institutional investors own 65.22% of the company's stock.

Insiders Place Their Bets

In other Escalade news, CFO Stephen Wawrin sold 2,177 shares of the business's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $15.16, for a total transaction of $33,003.32. Following the sale, the chief financial officer now owns 43,000 shares of the company's stock, valued at approximately $651,880. The trade was a 4.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 28.75% of the stock is owned by insiders.

Escalade Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, July 7th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, July 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.22%. Escalade's dividend payout ratio (DPR) is presently 61.22%.

Escalade Company Profile

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.