Escalade Inc. ESCA saw a big move last session, as the company’s shares fell by over 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for ESCA, as the stock is now down over 19% in the past one-month time frame.
The IN-based manufacturer and seller of sporting goods has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
ESCA currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.0.
A better-ranked stock in the Leisure & Recreational Products sector is Callaway Golf Co. ELY, sporting a Zacks Rank #1 (Strong Buy).
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Is ESCA going up? Or down? Predict to see what others think: Up or Down
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