Analysts Offer Insights on Consumer Goods Companies: Columbia Sportswear (NASDAQ: COLM) and Escalade Inc. (NASDAQ: ESCA)

By Austin Angelo

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Columbia Sportswear (NASDAQ: COLM) and Escalade Inc. (NASDAQ: ESCA).

Columbia Sportswear (NASDAQ: COLM)

In a report released today, Eric Tracy from Brean Capital reiterated a Hold rating on Columbia Sportswear (NASDAQ: COLM). The company’s shares opened today at $58.

According to TipRanks.com, Tracy is a 4-star analyst with an average return of 6.4% and a 46.0% success rate. Tracy covers the Consumer Goods sector, focusing on stocks such as G-III Apparel Group, Gildan Activewear, and Ralph Lauren Corp.

Columbia Sportswear has an analyst consensus of Moderate Buy, with a price target consensus of $71.

Escalade Inc. (NASDAQ: ESCA)

Roth Capital analyst Dave King reiterated a Buy rating on Escalade Inc. (NASDAQ: ESCA) today and set a price target of $17. The company’s shares opened today at $12.30.

King observed:

“We expect challenging market conditions to continue, though management noted its commitment to growing operating income. Our Buy reflects Escalade’s leading market share in most of its sporting goods categories. Shares look attractively valued at 15.4x 2017E EPS and seemingly don’t reflect the full value of ESCA’s stake in Stiga table tennis. Core EPS Above Our Estimate. Reported EPS of $0.30 exceeded our $0.17 estimate and consensus of $0.21. We peg core EPS at $0.22, excluding a $1.9M gain on the sale of a building, partially offset by ~$400,000 in one-time expenses.”

According to TipRanks.com, King is ranked 0 out of 5 stars with an average return of -14.2% and a 35.5% success rate. King covers the Consumer Goods sector, focusing on stocks such as Differential Brands Group, Performance Sports Group, and American Apparel Inc.

Escalade Inc. has an analyst consensus of Moderate Buy.