Aegis Has Negative Forecast for Escalade FY2025 Earnings

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

Escalade Stock Performance

Escalade stock opened at $14.83 on Monday. The firm has a 50 day simple moving average of $15.02 and a 200-day simple moving average of $14.54. 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 current ratio of 3.45 and a quick ratio of 1.41. The stock has a market cap of $205.80 million, a price-to-earnings ratio of 15.78 and a beta of 1.30.

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

Hedge Funds Weigh In On Escalade

Hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC boosted its position in shares of Escalade by 250.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,288 shares of the company’s stock worth $33,000 after purchasing an additional 1,635 shares during the period. Wells Fargo & Company MN lifted its holdings in Escalade by 22.9% during the 4th quarter. Wells Fargo & Company MN now owns 6,870 shares of the company’s stock worth $98,000 after buying an additional 1,278 shares in the last quarter. Hohimer Wealth Management LLC acquired a new stake in Escalade during the 3rd quarter worth approximately $166,000. Renaissance Technologies LLC lifted its holdings in Escalade by 6.9% during the 4th quarter. Renaissance Technologies LLC now owns 12,430 shares of the company’s stock worth $178,000 after buying an additional 800 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Escalade by 251.3% during the 3rd quarter. Barclays PLC now owns 13,185 shares of the company’s stock worth $186,000 after buying an additional 9,432 shares in the last quarter. Hedge funds and other institutional investors own 65.22% of the company’s stock.

Escalade Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, April 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, April 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.05%. Escalade’s payout ratio is currently 65.22%.

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.