Somewhat Positive Media Coverage Somewhat Unlikely to Impact Escalade (ESCA) Stock Price
Media headlines about Escalade (NASDAQ:ESCA) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Escalade earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.7623379482279 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- ETFs with exposure to Escalade, Inc. : November 27, 2017 (finance.yahoo.com)
- Brokerages Set $16.50 Target Price for Escalade, Incorporated (ESCA) (americanbankingnews.com)
- Escalade, Inc. :ESCA-US: Earnings Analysis: Q3, 2017 By the Numbers : November 24, 2017 (finance.yahoo.com)
- Analysts Anticipate Escalade, Incorporated (ESCA) to Announce $0.28 Earnings Per Share (americanbankingnews.com)
- Escalade, Incorporated (ESCA) Raised to Buy at Zacks Investment Research (americanbankingnews.com)
A number of equities research analysts have issued reports on the stock. Aegis reiterated a “buy” rating and set a $16.00 target price on shares of Escalade in a report on Monday, September 25th. ValuEngine lowered shares of Escalade from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Finally, Zacks Investment Research lowered shares of Escalade from a “hold” rating to a “sell” rating in a report on Friday, August 4th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $16.00.
Escalade (NASDAQ:ESCA) traded up $0.45 during trading on Wednesday, reaching $14.00. 10,200 shares of the company’s stock were exchanged, compared to its average volume of 13,199. The firm has a market cap of $196.16, a price-to-earnings ratio of 19.23, a PEG ratio of 1.22 and a beta of 0.06. Escalade has a 12 month low of $11.31 and a 12 month high of $14.38. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.84 and a current ratio of 3.76.
Escalade (NASDAQ:ESCA) last released its earnings results on Thursday, November 2nd. The company reported $0.22 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.06. The company had revenue of $41.89 million for the quarter, compared to analyst estimates of $40.40 million. Escalade had a net margin of 5.89% and a return on equity of 9.72%. analysts predict that Escalade will post 0.75 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Monday, December 11th will be issued a dividend of $0.115 per share. The ex-dividend date is Friday, December 8th. This represents a $0.46 dividend on an annualized basis and a yield of 3.29%. Escalade’s dividend payout ratio (DPR) is presently 64.79%.
In other news, CEO David L. Fetherman sold 9,250 shares of the firm’s stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $12.11, for a total value of $112,017.50. Following the sale, the chief executive officer now directly owns 102,729 shares in the company, valued at approximately $1,244,048.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 20.00% of the stock is currently owned by company insiders.
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Escalade, Incorporated (Escalade) is a manufacturer and distributor of sporting goods through its subsidiary Escalade Sports. The Company operates in Sporting Goods (Escalade Sports) segment. Escalade Sports manufactures, imports and distributes sporting goods brands in basketball goals, archery, indoor and outdoor game recreation and fitness products through sporting goods retailers, specialty dealers, key online retailers, traditional department stores and mass merchants.
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