ELY - Callaway Golf Company
| Previous Close | 22.05 |
| Open | 22.15 |
| Bid | 22.04 x 800 |
| Ask | 22.08 x 900 |
| Day's Range | 21.97 - 22.17 |
| 52 Week Range | 14.50 - 22.33 |
| Volume | 446,049 |
| Avg. Volume | 758,283 |
| Market Cap | 2.072B |
| Beta (5Y Monthly) | 1.27 |
| PE Ratio (TTM) | 26.34 |
| EPS (TTM) | 0.84 |
| Earnings Date | Feb 03, 2020 - Feb 09, 2020 |
| Forward Dividend & Yield | 0.04 (0.18%) |
| Ex-Dividend Date | Dec 01, 2019 |
| 1y Target Est | 24.83 |
- Kiplinger
13 Super Small-Cap Stocks to Buy for 2020 and Beyond
Small-cap stocks lagged the S&P; 500 by a wide margin last year. However, strategists say these smaller companies are set to catch up (and more) in 2020."We see three favorable factors in place for small-cap stocks: a slow economy, an accommodative Fed, and the calendar, all of which add up to positive prospects for this asset class," asset manager Legg Mason says.To get an idea of which small-cap stocks are set to break away from the pack, we scoured the S&P; SmallCap 600 Index - which includes stocks worth between $450 million and $2.1 billion at the time they enter the index - looking for names with an average broker recommendation of Buy or Strong Buy. Why? Small caps can be a risky lot given their often narrow businesses and access to capital - but a bullish consensus from the pros is at least a signal that those risks might be smaller compared to their peers, and that the potential upside is worth it.S&P; Global Market Intelligence surveys analysts' stock ratings and scores them on a five-point scale, where 1.0 equals Strong Buy and 5.0 means Strong Sell. Any score of 2.0 or lower means that analysts, on average, rate the stock a Buy. The closer the score gets to 1.0, the stronger the Buy call.We further culled that pool by considering only stocks with market values of at least $1 billion and a minimum of five Strong Buy recommendations. Lastly, we dug into research, fundamentals and headlines. The result is a list of 13 promising small-cap stocks to buy for 2020. SEE ALSO: 20 Top Stock Picks the Analysts Love for 2020
- PR Newswire
Odyssey Introduces Triple Track Putter Line And New Stroke Lab Black Putters
Today Odyssey Golf, the industry leader in putter innovation, made two major product announcements: 1) The launch of the new Triple Track putter line, and 2) new Stroke Lab Black putter offerings, which combine the innovative Stroke Lab shaft with a wide array of pleasing, high-performance head shapes, each with a premium black PVD finish.
- Investor's Business Daily
Callaway Golf Sees Its Composite Rating Rise To 96
Callaway Golf saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 94 to 96. The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.
- GuruFocus.com
Jana Partners Slims Holding in Calloway Golf
Event-driven firm discloses real-time sell in golf equipment manufacturer Continue reading...
- GuruFocus.com
Jana Partners Pares Stake in Conagra Brands
Activist firm reduces exposure to its largest holding Continue reading...
- PR Newswire
Callaway Golf Announces New MAVRIK Family Of Woods And Irons
Today Callaway Golf (NYSE: ELY), an industry leader in golf equipment and innovation, announced its new MAVRIK lineup of drivers, fairway woods, hybrids and irons. By investing in a new and more powerful supercomputer, Callaway's R&D; team advanced its ability to use Artificial Intelligence (A.I.) to design wide-ranging performance features and technologies across the entire MAVRIK line.
- Benzinga
Callaway Analyst: Topgolf Worth More Than Previously Thought
Bloomberg reported Monday that Topgolf International, an operator of a party-themed golf driving range, is looking to list itself on a public market at a $4 billion valuation. Topgolf is reportedly working ...
- TipRanks
3 “Strong Buy” Stocks for the Santa Claus Rally
Santa’s powering up his sleigh, and he has it full of some serious stock market stocking stuffers! Because what better gift can there be than a gift that keeps on giving strong returns? Here at TipRanks, where we track and measure the performance of Wall Street’s analysts, we’ve dug into the database to find three “Strong Buy” stocks that will add some cheer to your holiday investing.We’ve chosen three stocks with a low cost of entry, because a holiday gift shouldn’t break the bank, and put them into the Stock Comparison tool. A quick look at the results will show what drew them to our attention, and then we can dive into the details. You can see that the stocks are all Strong Buys, but more importantly, they show some hefty upside, and each has a high 12-month gain to back up that potential. Statistically, the trading week after the Christmas holiday sees a “Santa Claus” rally. The key points of these three stocks show why the analysts believe they are likely to participate.Now let’s take that closer look.Callaway Golf Company (ELY)Callaway is a sporting goods company, specializing in golf equipment. The company doesn’t just market and sell its products; it also designs and manufactures golf equipment, accessories, and other products. Callaway operates around the world, in more than 70 countries, and is the world’s largest golf club manufacturer.As any golfer knows, the game is big business. Callaway proves that, with $1.2 billion in total sales in 2018. In the current year, ELY’s Q3 results beat the estimates on both the top and bottom lines. Revenues came in at $426 million, 1.3% over the forecast, while EPS beat by a wider margin. The bottom line, at 36 cents per share, was 57% higher than the 23-cent estimate. The strong sales performance has pushed the stock up 38% this year, well above the S&P’s 29% gain.Stephens analyst Daniel Imbro reviewed ELY earlier this month, and highlighted that the company’s new Mavrik metalwood line of clubs was approved by the USGA. He wrote, “Pricing and availability are undisclosed … we expect additional details as we get closer to the PGA Show… Given Callaway's recent success leading innovation in the metalwoods category, we expect this to be a focal point heading into 2020.” Imbro puts a Buy rating on ELY shares with a $25 price target. His target implies an upside of 19% to the stock. (To watch Imbro’s track record, click here)Callaway’s Strong Buy consensus rating is unanimous. A total of 6 market analysts have put a positive spin on this stock recently. Shares are selling for $21.05, and the average price target of $25.58 suggest a 22% upside potential for the stock. (See Callaway stock analysis at TipRanks) See also: Cowen’s 3 Stock Choices for 2020Funko, Inc. (FNKO)Some people play golf for a hobby, and others get into collectibles. Funko caters to that second group. The company manufactures and distributes licensed pop culture products – bobble heads and vinyl figurines are its best-known products, but it also makes action figures, headphones, lamps, branded USB keys, and plushies. Basically, Funko cashes in on nostalgia – to the tune of $686 million in sales for fiscal year 2018.Funko’s cool spot in the toy and collectible market has netted it a cool profit on the financial end. The Q3 earnings, the company’s most recent, showed a definite beat on EPS, based on strong revenues. At the top line, total sales of $223.3 million were above the estimated $220.4 million – and the bottom-line earnings did even better. EPS came in at 38 cents, well above the forecasted 32 cents.Guidance, however, just missed the estimates. The company estimated between $840 million to $850 million for Q4, but Wall Street was expecting $848.5 million. It wasn’t a big miss, and the company’s number is still robust, but shares slid 16% after the news.Even with that share price slip, the stock is still up 23% this year. And – Piper Jaffray analyst Erinn Murphy sees the lower share price as a buying opportunity. In her November comments on the stock, written after meeting with management, Murphy wrote, “Funko remains one of the most disruptive consumer products companies. We are encouraged to see several initiatives to diversify the revenue streams…” Murphy’s $24 price target indicates a strong 49% upside, more than enough to justify a Buy rating. (To watch Murphy’s track record, click here)Murphy is just the most recent analyst to give FNKO a thumbs up. The stock has received 4 Buy ratings in recent weeks, along with 1 Hold, giving it a Strong Buy from the analyst consensus. At $26.20, the average price target suggests a 62% upside premium from the $16.13 share price. (See Funko stock analysis at TipRanks) CarGurus, Inc. (CARG)Every guy loves his car. And CarGurus exists to pair up people with the right vehicles. For 13 years, CarGurus has been a leading online research and shopping site for the automotive market, connecting buyers and sellers of new and used cars.A strong economy and rising wages have helped the company’s overall position, and in Q3, CARG reported a 26% year-over-year revenue gain. The top-line number was a robust $150.5 million. This supported a strong EPS of 14 cents per share, a solid 40% above the estimates. It was the fourth quarter in a row that CARG had beaten the EPS and revenue forecasts.Growth like that is sure to spark interest from top analysts, and in CARG’s case, it has. Mark Mahaney, 5-star analyst with RBC Capital, reviewed the stock after the earnings report and reiterated his Buy rating on the shares.Mahaney took a long view on CARG, and said in a detailed report, “We still see CARG as the leading marketplace in the U.S. Online Used Car segment, attacking a market that is approximately $14B. The evidence is strong that CARG has an attractive business model… we believe the company has enough GCIs (Growth Curve Initiatives) … so that Revenue Growth can sometime in the next 9-15 months stabilize and then potentially accelerate.” While he did reduce the price target, at $50, shares could still surge 37% in the next twelve months. (To watch Mahaney’s track record, click here)CARG has gotten love from 3 analysts recently, giving the stock a unanimous 3-vote Strong Buy consensus rating. Shares sell for $36.63, and the $52.33 average price target puts the upside potential at 43%. (See CarGurus stock analysis at TipRanks) Check out these 5 ‘Strong Buy’ stocks that top Wall Street analysts recommend.
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Has Callaway Golf (ELY) Outpaced Other Consumer Discretionary Stocks This Year?
Is (ELY) Outperforming Other Consumer Discretionary Stocks This Year?
- Insider Monkey
Is Callaway Golf Company (ELY) A Good Stock To Buy?
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]
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Is Callaway Golf (ELY) Stock Undervalued Right Now?
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Leisure Stocks to Flourish in December: 5 Top Picks
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- Simply Wall St.
Does Callaway Golf Company (NYSE:ELY) Have A Volatile Share Price?
If you're interested in Callaway Golf Company (NYSE:ELY), then you might want to consider its beta (a measure of share...
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- PR Newswire
Callaway Golf Company Declares Quarterly Dividend
CARLSBAD, Calif. , Nov. 22, 2019 /PRNewswire/ -- Callaway Golf Company (NYSE:ELY) declared a regular quarterly cash dividend of $0.01 per share on its Common Stock. The dividend is payable on December ...
- PR Newswire
Scott H. Baxter Named to Board of Directors of Callaway Golf Company
CARLSBAD, Calif., Nov. 21, 2019 /PRNewswire/ -- Callaway Golf Company (ELY) today announced that it has increased the size of the Company's Board of Directors from ten to eleven members, and that Scott H. Baxter has been appointed to the Board. Mr. Baxter, age 55, is currently the President and Chief Executive Officer and a member of the Board of Directors of Kontoor Brands, Inc., a global lifestyle apparel company.
- Zacks
Are Investors Undervaluing Callaway Golf (ELY) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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ELY or POOL: Which Is the Better Value Stock Right Now?
ELY vs. POOL: Which Stock Is the Better Value Option?
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NIKE (NKE) Hikes Dividend, Focuses on Growth Initiatives
NIKE's (NKE) dividend hike is in sync with the company's efforts to consistently boost shareholders' value in the long term.
