Escalade (NASDAQ:ESCA - Get Free Report) posted its earnings results on Monday. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.06, RTT News reports. Escalade had a net margin of 5.20% and a return on equity of 7.17%. The firm had revenue of $55.48 million for the quarter, compared to analysts' expectations of $54.44 million.
Escalade Trading Down 1.8 %
ESCA traded down $0.27 during midday trading on Friday, hitting $14.73. 6,270 shares of the company were exchanged, compared to its average volume of 21,241. The firm's 50 day moving average price is $15.01 and its 200-day moving average price is $14.91. Escalade has a 1-year low of $12.53 and a 1-year high of $16.99. The firm has a market capitalization of $201.27 million, a P/E ratio of 15.67 and a beta of 0.88. The company has a quick ratio of 1.41, a current ratio of 3.45 and a debt-to-equity ratio of 0.13.
Escalade Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, July 7th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.07%. The ex-dividend date of this dividend is Monday, July 7th. Escalade's dividend payout ratio (DPR) is currently 61.22%.
Analyst Ratings Changes
Separately, StockNews.com raised Escalade from a "buy" rating to a "strong-buy" rating in a report on Thursday.
View Our Latest Stock Analysis on Escalade
About Escalade
(
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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