Escalade (NASDAQ:ESCA - Get Free Report) announced its earnings results on Monday. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.13 by $0.06, RTT News reports. The firm had revenue of $55.48 million for the quarter, compared to analysts' expectations of $54.44 million. Escalade had a return on equity of 7.17% and a net margin of 5.20%.
Escalade Price Performance
NASDAQ:ESCA traded down $0.27 during trading hours on Friday, reaching $14.73. 6,270 shares of the company's stock were exchanged, compared to its average volume of 21,251. The company has a market capitalization of $201.27 million, a P/E ratio of 15.67 and a beta of 0.88. Escalade has a 12 month low of $12.53 and a 12 month high of $16.99. The business's 50-day simple moving average is $15.01 and its two-hundred day simple moving average is $14.91. 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 Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, July 7th will be paid a $0.15 dividend. The ex-dividend date is Monday, July 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.07%. Escalade's dividend payout ratio is currently 61.22%.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Escalade from a "buy" rating to a "strong-buy" rating in a report on Thursday.
Check Out Our Latest Analysis on ESCA
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.
Further Reading
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