Aegis Predicts Escalade’s FY2025 Earnings (NASDAQ:ESCA)

Escalade, Incorporated (NASDAQ:ESCA) – Stock analysts at Aegis dropped their FY2025 earnings estimates for shares of Escalade in a note issued to investors on Wednesday, March 5th. Aegis analyst R. Dionisio now anticipates that the company will post earnings per share of $0.95 for the year, down from their previous forecast of $1.08. The consensus estimate for Escalade’s current full-year earnings is $0.93 per share.

Escalade Trading Down 1.8 %

Shares of Escalade stock opened at $14.83 on Monday. Escalade has a 1 year low of $12.34 and a 1 year high of $16.99. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.41 and a current ratio of 3.45. The company has a market capitalization of $205.80 million, a P/E ratio of 15.78 and a beta of 1.30. The company’s fifty day moving average is $15.02 and its two-hundred day moving average is $14.54.

Escalade (NASDAQ:ESCA) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01). Escalade had a return on equity of 7.17% and a net margin of 5.20%. The company had revenue of $251.51 million for the quarter, compared to analyst estimates of $62.20 million.

Escalade Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, April 7th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.05%. The ex-dividend date is Monday, April 7th. Escalade’s payout ratio is 65.22%.

Institutional Trading of Escalade

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its holdings in shares of Escalade by 6.4% in the fourth quarter. Bank of New York Mellon Corp now owns 127,446 shares of the company’s stock valued at $1,820,000 after acquiring an additional 7,659 shares in the last quarter. De Lisle Partners LLP lifted its stake in shares of Escalade by 6.3% in the third quarter. De Lisle Partners LLP now owns 83,886 shares of the company’s stock valued at $1,177,000 after purchasing an additional 5,000 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Escalade by 98.1% in the fourth quarter. JPMorgan Chase & Co. now owns 37,474 shares of the company’s stock valued at $535,000 after purchasing an additional 18,560 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Escalade by 8.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 28,786 shares of the company’s stock valued at $411,000 after purchasing an additional 2,221 shares during the period. Finally, Arete Wealth Advisors LLC lifted its stake in shares of Escalade by 40.6% in the third quarter. Arete Wealth Advisors LLC now owns 20,975 shares of the company’s stock valued at $292,000 after purchasing an additional 6,059 shares during the period. Hedge funds and other institutional investors own 65.22% of the company’s stock.

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.