About Callaway Golf Co
Callaway Golf Company designs, manufactures and sells golf clubs, golf balls, golf bags and other golf-related accessories. The Company has two segments: the golf clubs segment and golf balls segment. The golf clubs segment consists of its woods, hybrids, irons and wedges and Odyssey putters. This segment also includes other golf-related accessories, royalties from licensing of the Company's trademarks and service marks and sales of pre-owned golf clubs. The golf balls segment consists of the Company's balls that are designed, manufactured and sold by the Company. The Company sells its products to retailers, directly and through its wholly owned subsidiaries, and to third-party distributors. The Company sells pre-owned golf products through its Website, www.callawaygolfpreowned.com. In addition, the Company sells Odyssey and its products direct to consumers through its Websites www.callawaygolf.com and www.odysseygolf.com.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Sporting Goods
- Sub-Industry: Leisure Products
- Exchange: NYSE
- Symbol: ELY
- CUSIP: 13119310
- Previous Close: $10.11
- 50 Day Moving Average: $10.8768
- 200 Day Moving Average: $11.2751
- 52-Week Range: $8.57 - $12.56
- Trailing P/E Ratio: 5.2222
- Foreward P/E Ratio: 28.89
- P/E Growth: 1.3200
- Market Cap: $973.12M
- Outstanding Shares: 94,113,000
- Beta: 1.33
- Net Margins: 21.80%
- Return on Equity: 9.93%
- Return on Assets: 7.05%
Companies Related to Callaway Golf Co:
- Current Ratio: 2.46%
- Quick Ratio: 1.45%
What is Callaway Golf Co's stock symbol?
Callaway Golf Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELY."
How often does Callaway Golf Co pay dividends? What is the dividend yield for Callaway Golf Co?
Callaway Golf Co declared a quarterly dividend on Monday, February 6th. Stockholders of record on Monday, February 27th will be paid a dividend of $0.01 per share on Monday, March 20th. This represents a $0.04 annualized dividend and a dividend yield of 0.40%. The ex-dividend date is Thursday, February 23rd.
Where is Callaway Golf Co's stock going? Where will Callaway Golf Co's stock price be in 2017?
11 brokers have issued 12 month price objectives for Callaway Golf Co's stock. Their predictions range from $11.50 to $16.00. On average, they anticipate Callaway Golf Co's share price to reach $13.73 in the next twelve months.
When will Callaway Golf Co announce their earnings?
Callaway Golf Co is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about Callaway Golf Co stock?
Here are some recent quotes from research analysts about Callaway Golf Co stock:
According to Zacks Investment Research, "Callaway Golf Company is designs, develops, manufactures and markets high quality, innovative golf clubs. The Company's golf clubs are sold at premium prices to both average and skilled golfers on the basis of performance, ease of use and appearance. " (2/7/2017)
FBR & Co analysts commented, "Callaway reported 4Q16 EPS of ($0.18) versus FBR/consensus of ($0.17), reflecting solid sales growth of +6.8% (versus FBR/consensus of +8.4%/+11.4%), GM leverage of +525 bps (versus FBR/consensus +750 bps/+700 bps), and operating expense leverage of +365 bps (versus FBR/consensus +150 bps/–30 bps). We would note that excluding the FX impact margins, EPS would have been in line with expectations. Management gave initial 2017 guidance of top line ($910M–$935M) and EPS of $0.21–$0.27 versus FBR/Street of $0.38/$0.34. However, management noted that EPS guidance constant currency is $0.31–$0.37, which is in line with consensus." (2/3/2017)
Jefferies Group LLC analysts commented, "ELY announced the acquisition of bag maker OGIO for $75.5M. We think the acquisition is a logical fit for ELY, as it allows the company to expand into tangential categories, while the overlap in supply chain and go-to-market strategies should allow both back-end and top-line synergies to be realized. Along with already strong club market share, a growing ball business, and its Topgolf stake, we see ELY as very attractive and maintain our Buy Rating. Investment thesis: We are buyers of ELY given the company is a natural beneficiary of golf rounds played inflecting positively, it continues to gain share across sticks and balls given its strong brand, and margins are rising due to less promos and clean channel inventories." (1/13/2017)
Who owns Callaway Golf Co stock?
Callaway Golf Co's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.75%), FMR LLC (4.57%), FIL Ltd (2.30%), State Street Corp (2.22%), Yost Capital Management L.L.C. (1.37%) and Thornburg Investment Management Inc. (1.03%). Company insiders that own Callaway Golf Co stock include Alan Hocknell, Bradley J Holiday, Brian P Lynch and Stephen Kenwood.
Who sold Callaway Golf Co stock? Who is selling Callaway Golf Co stock?
Callaway Golf Co's stock was sold by a variety of institutional investors in the last quarter, including Yost Capital Management L.L.C., Thrivent Financial for Lutherans, Allianz Asset Management AG, I.G. Investment Management LTD., Ruffer LLP, Keybank National Association OH, Royce & Associates LP and Metropolitan Life Insurance Co. NY.
Who bought Callaway Golf Co stock? Who is buying Callaway Golf Co stock?
Callaway Golf Co's stock was bought by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., FMR LLC, Russell Investments Group Ltd., Two Sigma Investments LP, FIL Ltd, Bogle Investment Management L P DE, Dimensional Fund Advisors LP and Advisory Research Inc..
How do I buy Callaway Golf Co stock?
Shares of Callaway Golf Co can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Callaway Golf Co stock cost?
One share of Callaway Golf Co stock can currently be purchased for approximately $10.11.