Escalade Inc Receives a Buy from Roth Capital

In a report issued on May 18, Dave King from Roth Capital reiterated a Buy rating on Escalade Inc (NASDAQ: ESCA), with a price target of $17. The company’s shares closed on Friday at $14.40, close to its 52-week high of $14.50.

According to TipRanks.com, King is ranked 0 out of 5 stars with an average return of -13.1% and a 37.6% success rate. King covers the Consumer Goods sector, focusing on stocks such as Differential Brands Group, Clarus Corporation, and Acushnet Holdings.

Escalade Inc has an analyst consensus of Hold.

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The company has a one-year high of $14.50 and a one-year low of $11.31. Currently, Escalade Inc has an average volume of 9,984.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ESCA in relation to earlier this year. Most recently, in February 2018, Stephen Wawrin, the CFO of ESCA bought 4,691 shares for a total of $17,550.

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Escalade, Inc. engages in the manufacture and distribution of sporting goods and recreational equipment. Its brands include Bear Archery and Trophy Ridge archery accessories; STIGA and Ping-Pong table tennis; Accudart and Unicorn darting; Onix pickleball equipment; Goalrilla, Goalsetter, Goaliath, and Silverback residential in-ground basketball systems; the STEP fitness products; Woodplay playsets; Cue and Case Sales billiard accessories; and Lifeline personal fitness products. The company was founded in 1922 and is headquartered in Evansville, IN.