The leading market experts have placed a mean price target of $16.50 on Escalade, Incorporated (NASDAQ:ESCA) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.37 a share for the upcoming quarter and $0.84 for the current fiscal.
The technical analysis of Escalade, Incorporated plainly substantiates that the 50-day moving average of Escalade, Incorporated is $10.86, and stock is trading $1.32 points away or +12.14% from its 50-day moving average of $10.86. Further it is trading $0.92 or +8.17% away its 200-day moving average of $11.26. Escalade, Incorporated (NASDAQ:ESCA) 52-week high is $18.90 and the 52-week low is $9.70.
This explains if the stock moves $-6.72, it will post a 52-week high. In event of +25.57% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Escalade, Incorporated, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Escalade, Incorporated (NASDAQ:ESCA) ratio came in at 19.97.
The stock last ended the trading session at $12.18 and registered a market cap of $173.82M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Escalade, Incorporated (NASDAQ:ESCA) PEG ratio is at 0.96.
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