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

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$16.64 +0.21 (+1.28 %)
(As of 12/11/2018 03:44 PM ET)
Previous Close$16.43
Today's Range$16.34 - $16.78
52-Week Range$13.49 - $24.67
Volume41,840 shs
Average Volume1.44 million shs
Market Capitalization$1.57 billion
P/E Ratio31.25
Dividend Yield0.24%
Beta1.04
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 Ratio31.25
Forward P/E Ratio15.85
P/E Growth0.63

Sales & Book Value

Annual Sales$1.05 billion
Price / Sales1.50
Cash Flow$0.7640 per share
Price / Cash Flow21.78
Book Value$6.97 per share
Price / Book2.39

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$1.57 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 declared a quarterly dividend on Wednesday, November 7th. Investors of record on Wednesday, November 21st will be given a dividend of $0.01 per share on Wednesday, December 12th. This represents a $0.04 annualized dividend and a yield of 0.24%. 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 declared that its Board of Directors has authorized a stock buyback program on Wednesday, May 9th 2018, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) issued 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 the consensus estimate of $250.83 million. Callaway Golf had a net margin of 9.08% and a return on equity of 16.48%. 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 (EPS) guidance of $1.01-1.05 for the period, compared to the Thomson Reuters consensus EPS 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 target prices for Callaway Golf's shares. Their forecasts range from $19.00 to $30.00. On average, they anticipate Callaway Golf's stock price to reach $24.40 in the next twelve months. This suggests a possible upside of 46.6% 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?

Media coverage about ELY stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Callaway Golf earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.99%), Vanguard Group Inc. (7.77%), Dimensional Fund Advisors LP (7.53%), FMR LLC (4.00%), Glenmede Trust Co. NA (2.39%) and Bank of New York Mellon Corp (1.71%). 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 purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Renaissance Technologies LLC, Morgan Stanley, Deutsche Bank AG, Assenagon Asset Management S.A., WINTON GROUP Ltd, Sensato Investors LLC and BlackRock Inc.. 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 $16.64.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $1.57 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:  471 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  722
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 12/11/2018 by MarketBeat.com Staff

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