NYSE:ELY - Callaway Golf Stock Price, Price Target & More

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$20.56 +0.19 (+0.93 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$20.26
Today's Range$20.22 - $20.59
52-Week Range$12.03 - $20.71
Volume45,017 shs
Average Volume842,644 shs
Market Capitalization$1.92 billion
P/E Ratio38.64
Dividend Yield0.20%
Beta1.05

About Callaway Golf (NYSE:ELY)

Callaway Golf logoCallaway 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

Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryLeisure Products
SectorConsumer Discretionary
SymbolNYSE:ELY
CUSIP13119310
Phone760-931-1771

Debt

Debt-to-Equity Ratio0.01
Current Ratio1.48
Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio38.64
Forward P/E Ratio25.38
P/E Growth1

Sales & Book Value

Annual Sales$1.05 billion
Price / Sales1.85
Cash Flow$0.7692 per share
Price / Cash26.73
Book Value$6.97 per share
Price / Book2.95

Profitability

EPS (Most Recent Fiscal Year)$0.53
Net Income$40.80 million
Net Margins6.82%
Return on Equity12.78%
Return on Assets8.81%

Miscellaneous

Employees2,100
Outstanding Shares94,420,000

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, May 9th. Investors of record on Tuesday, May 22nd will be paid a dividend of $0.01 per share on Tuesday, June 12th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.19%. The ex-dividend date is Monday, May 21st. View Callaway Golf's Dividend History.

How will Callaway Golf's stock buyback program work?

Callaway Golf announced that its board has approved a stock buyback plan on Wednesday, May 9th 2018, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings results on Thursday, April, 26th. The company reported $0.65 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.14. The business had revenue of $403 million for the quarter, compared to analysts' expectations of $371.67 million. Callaway Golf had a net margin of 6.82% and a return on equity of 12.78%. Callaway Golf's revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter last year, the company posted $0.30 EPS. 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 Thursday, August, 2nd 2018. View Earnings Estimates for Callaway Golf.

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

Callaway Golf updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $0.77-0.82 for the period, compared to the Thomson Reuters consensus estimate of $0.71. The company issued revenue guidance of $1.170-1.185 billion, compared to the consensus revenue estimate of $1.13 billion.Callaway Golf also updated its Q2 guidance to $0.44-0.48 EPS.

What price target have analysts set for ELY?

14 brokerages have issued 12-month price objectives for Callaway Golf's shares. Their predictions range from $14.00 to $23.00. On average, they expect Callaway Golf's share price to reach $18.2762 in the next twelve months. View Analyst Ratings for Callaway Golf.

Who are some of Callaway Golf's key competitors?

Some companies that are related to Callaway Golf include Sports Direct (SDISY), Acushnet (GOLF), Johnson Outdoors (JOUT), Nautilus (NLS), Clarus (CLAR) and Escalade (ESCA).

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)

Has Callaway Golf been receiving favorable news coverage?

News stories about ELY stock have trended somewhat positive on Monday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Callaway Golf earned a coverage optimism score of 0.17 on Accern's scale. They also assigned headlines about the company an impact score of 43.87 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Callaway Golf's major shareholders?

Callaway Golf's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.73%), Dimensional Fund Advisors LP (7.65%), Northern Trust Corp (2.24%), Bernzott Capital Advisors (1.90%), Millennium Management LLC (1.87%) and Thornburg Investment Management Inc. (1.54%). 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 major investors are selling Callaway Golf stock?

ELY stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Platinum Investment Management Ltd., Heartland Advisors Inc., Hsbc Holdings PLC, Thomson Horstmann & Bryant Inc., Ancora Advisors LLC, Fort Washington Investment Advisors Inc. OH and BNP Paribas Arbitrage SA. Company insiders that have sold Callaway Golf company stock in the last year include Alan Hocknell, Alex Mitchell Boezeman, Anthony S Thornley, Brian P Lynch, Jennifer L Thomas, Mark F Leposky, Neil Howie, Oliver G Brewer III and Richard H Arnett. View Insider Buying and Selling for Callaway Golf.

Which major investors are buying Callaway Golf stock?

ELY stock was acquired by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Stifel Financial Corp, Northern Trust Corp, Dimensional Fund Advisors LP, Hennessy Advisors Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH and Lord Abbett & CO. 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 $20.57.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $1.92 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.

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 (ELY)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  406 (Vote Outperform)
Underperform Votes:  196 (Vote Underperform)
Total Votes:  602
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 6/18/2018 by MarketBeat.com Staff

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