NYSE:ELY - Callaway Golf Stock Price, News, & Analysis

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$20.17 -0.84 (-4.00 %)
(As of 11/19/2018 04:00 PM ET)
Previous Close$21.01
Today's Range$20.11 - $21.0885
52-Week Range$13.49 - $24.67
Volume1.08 million shs
Average Volume1.03 million shs
Market Capitalization$1.99 billion
P/E Ratio38.06
Dividend Yield0.19%
Beta1.05
Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories in the United States and internationally. The company operates through three segments: Golf Clubs; Golf Balls; and Gear, Accessories and Other. It offers drivers, fairway woods, hybrids, irons, wedges, and putters. The company also provides packaged sets, golf gloves, golf footwear, golf apparel, travel gear, lifestyle apparel and accessories, headwear, eyewear, and practice aids. In addition, it licenses its trademarks and service marks for use on golf related accessories, such as golf apparel, footwear, golf gloves, prescription eyewear, practice aids, and OGIO branded bags. The company sells its products through golf retailers, sporting goods retailers, mass merchants, Internet retailers, department stores, field representatives, and in-house sales representatives, as well as to third-party distributors in the United States and approximately 100 countries. Callaway Golf Company sells its products under the Callaway Golf, Odyssey, Strata, OGIO, and TravisMathew brand names. It also sells pre-owned golf products through its Website callawaygolfpreowned.com; and Callaway Golf and Odyssey products through its Websites callawaygolf.com, odysseygolf.com, ogio.com, and travismathew.com. Callaway Golf Company was founded in 1982 and is based in Carlsbad, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryLeisure Products
SectorConsumer Discretionary
Current SymbolNYSE:ELY
Previous Symbol
CUSIP13119310
Phone760-931-1771

Debt

Debt-to-Equity Ratio0.01
Current Ratio2.28
Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio38.06
Forward P/E Ratio19.21
P/E Growth0.8

Sales & Book Value

Annual Sales$1.05 billion
Price / Sales1.82
Cash Flow$0.7316 per share
Price / Cash27.57
Book Value$6.97 per share
Price / Book2.89

Profitability

EPS (Most Recent Fiscal Year)$0.53
Net Income$40.80 million
Net Margins9.08%
Return on Equity16.48%
Return on Assets11.34%

Miscellaneous

Employees2,100
Outstanding Shares94,500,000
Market Cap$1.99 billion
OptionableOptionable

Callaway Golf (NYSE:ELY) Frequently Asked Questions

What is Callaway Golf's stock symbol?

Callaway Golf trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELY."

How often does Callaway Golf pay dividends? What is the dividend yield for Callaway Golf?

Callaway Golf announced a quarterly dividend on Wednesday, November 7th. Shareholders of record on Wednesday, November 21st will be paid a dividend of $0.01 per share on Wednesday, December 12th. This represents a $0.04 annualized dividend and a yield of 0.20%. The ex-dividend date of this dividend is Tuesday, November 20th. View Callaway Golf's Dividend History.

How will Callaway Golf's stock buyback program work?

Callaway Golf announced that its Board of Directors has approved a share repurchase plan on Wednesday, May 9th 2018, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) posted its earnings results on Wednesday, October, 24th. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.01 by $0.09. The business had revenue of $262.65 million for the quarter, compared to analysts' expectations of $250.83 million. Callaway Golf had a return on equity of 16.48% and a net margin of 9.08%. View Callaway Golf's Earnings History.

When is Callaway Golf's next earnings date?

Callaway Golf is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Callaway Golf.

What guidance has Callaway Golf issued on next quarter's earnings?

Callaway Golf issued an update on its FY18 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $1.01-1.05 for the period, compared to the Thomson Reuters consensus estimate of $1.01. The company issued revenue guidance of $1230-1240, compared to the consensus revenue estimate of $1.23 billion.Callaway Golf also updated its FY 2018 guidance to $1.01-1.05 EPS.

What price target have analysts set for ELY?

11 brokerages have issued 1-year price objectives for Callaway Golf's shares. Their predictions range from $19.00 to $27.00. On average, they expect Callaway Golf's stock price to reach $23.40 in the next year. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Price Targets for Callaway Golf.

What is the consensus analysts' recommendation for Callaway Golf?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callaway Golf.

Has Callaway Golf been receiving favorable news coverage?

Headlines about ELY stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Callaway Golf earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Callaway Golf's key competitors?

Who are Callaway Golf's key executives?

Callaway Golf's management team includes the folowing people:
  • Mr. Oliver G. Brewer III, Pres, CEO & Director (Age 54)
  • Mr. Brian P. Lynch, Sr. VP, CFO, Chief Ethics Officer, Gen. Counsel & Corp. Sec. (Age 56)
  • Mr. Mark F. Leposky, Sr. VP of Global Operations (Age 53)
  • Mr. Richard Harry Arnett, Sr. VP of Global Marketing (Age 47)
  • Dr. Alan Hocknell, Sr. VP of R&D (Age 46)

Who are Callaway Golf's major shareholders?

Callaway Golf's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.99%), Dimensional Fund Advisors LP (7.53%), FMR LLC (4.00%), Glenmede Trust Co. NA (2.39%), Bank of New York Mellon Corp (1.71%) and Renaissance Technologies LLC (1.67%). Company insiders that own Callaway Golf stock include Alan Hocknell, Alex Mitchell Boezeman, Anthony S Thornley, Brian P Lynch, Jennifer L Thomas, Mark F Leposky, Neil Howie, Oliver G Brewer III, Richard H Arnett and Stephen Kenwood. View Institutional Ownership Trends for Callaway Golf.

Which institutional investors are selling Callaway Golf stock?

ELY stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Platinum Investment Management Ltd., Glenmede Trust Co. NA, Fort Washington Investment Advisors Inc. OH, Scott & Selber Inc., Dimensional Fund Advisors LP, FMR LLC and Sawgrass Asset Management LLC. Company insiders that have sold Callaway Golf company stock in the last year include Alex Mitchell Boezeman, Anthony S Thornley, Brian P Lynch, Mark F Leposky, Neil Howie, Oliver G Brewer III and Richard H Arnett. View Insider Buying and Selling for Callaway Golf.

Which institutional investors are buying Callaway Golf stock?

ELY stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Deutsche Bank AG, Assenagon Asset Management S.A., WINTON GROUP Ltd, Sensato Investors LLC, BlackRock Inc., Hsbc Holdings PLC and Chicago Equity Partners LLC. View Insider Buying and Selling for Callaway Golf.

How do I buy shares of Callaway Golf?

Shares of ELY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Callaway Golf's stock price today?

One share of ELY stock can currently be purchased for approximately $20.17.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $1.99 billion and generates $1.05 billion in revenue each year. The company earns $40.80 million in net income (profit) each year or $0.53 on an earnings per share basis. Callaway Golf employs 2,100 workers across the globe.

What is Callaway Golf's official website?

The official website for Callaway Golf is http://www.callawaygolf.com.

How can I contact Callaway Golf?

Callaway Golf's mailing address is 2180 RUTHERFORD RD, CARLSBAD CA, 92008. The company can be reached via phone at 760-931-1771 or via email at [email protected]


MarketBeat Community Rating for Callaway Golf (NYSE ELY)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  462 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  697
MarketBeat's community ratings are surveys of what our community members think about Callaway Golf and other stocks. Vote "Outperform" if you believe ELY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ELY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2018 by MarketBeat.com Staff

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