Schwab Charles Investment Management Inc. maintained its stake in shares of Escalade, Incorporated (NASDAQ:ESCA) during the 2nd quarter, according to its most recent filing with the SEC. The fund owned 14,500 shares of the company’s stock at the end of the 2nd quarter. Schwab Charles Investment Management Inc. owned about 0.10% of Escalade, worth $190,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of ESCA. Bank of New York Mellon Corp boosted its holdings in Escalade, by 9.0% during the 1st quarter. Bank of New York Mellon Corp now owns 112,632 shares of the company’s stock valued at $1,453,000 after acquiring an additional 9,312 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Escalade, by 5.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 358,425 shares of the company’s stock valued at $4,624,000 after acquiring an additional 19,853 shares during the period. North Star Investment Management Corp. boosted its holdings in Escalade, by 7.9% during the 2nd quarter. North Star Investment Management Corp. now owns 398,676 shares of the company’s stock valued at $5,223,000 after acquiring an additional 29,228 shares during the period. Finally, Strs Ohio boosted its holdings in Escalade, by 5.8% during the 2nd quarter. Strs Ohio now owns 20,000 shares of the company’s stock valued at $262,000 after acquiring an additional 1,100 shares during the period. Institutional investors own 26.47% of the company’s stock.
A number of research analysts have commented on ESCA shares. Zacks Investment Research raised Escalade, from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Aegis reaffirmed a “buy” rating and set a $16.00 price target on shares of Escalade, in a research report on Monday, September 25th. TheStreet raised Escalade, from a “c+” rating to a “b” rating in a research report on Monday, July 31st. Finally, ValuEngine lowered Escalade, from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Escalade, presently has an average rating of “Buy” and a consensus price target of $16.50.
Escalade, Incorporated (NASDAQ:ESCA) opened at $13.10 on Tuesday. The company has a market capitalization of $186.10, a P/E ratio of 18.24, a price-to-earnings-growth ratio of 1.16 and a beta of 0.06. The company has a current ratio of 3.76, a quick ratio of 1.84 and a debt-to-equity ratio of 0.23. Escalade, Incorporated has a 52-week low of $11.31 and a 52-week high of $14.70.
Escalade, (NASDAQ:ESCA) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. Escalade, had a return on equity of 9.72% and a net margin of 5.89%. The business had revenue of $41.89 million during the quarter, compared to analyst estimates of $40.40 million. equities research analysts forecast that Escalade, Incorporated will post 0.75 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Monday, December 11th will be given a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend is Friday, December 8th. Escalade,’s dividend payout ratio is currently 64.79%.
In other news, CEO David L. Fetherman sold 9,250 shares of the stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $12.11, for a total value of $112,017.50. Following the completion of the transaction, the chief executive officer now owns 102,729 shares of the company’s stock, valued at approximately $1,244,048.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 20.00% of the stock is currently owned by corporate insiders.
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.
Receive News & Ratings for Escalade Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Escalade Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.