ELY - Callaway Golf Company

NYSE - Nasdaq Real Time Price. Currency in USD
15.39
+0.01 (+0.07%)
As of 2:14PM EDT. Market open.
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Short-term KST

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close15.38
Open15.49
Bid15.38 x 800
Ask15.39 x 1400
Day's Range15.11 - 15.56
52 Week Range4.75 - 22.33
Volume924,079
Avg. Volume2,014,711
Market Cap1.448B
Beta (5Y Monthly)1.97
PE Ratio (TTM)24.86
EPS (TTM)0.62
Earnings DateAug 06, 2020 - Aug 10, 2020
Forward Dividend & Yield0.04 (0.26%)
Ex-Dividend DateMay 26, 2020
1y Target Est16.70
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-18% Est. Return
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  • 3 Outdoor Stocks To Watch For Summer 2020
    Benzinga

    3 Outdoor Stocks To Watch For Summer 2020

    People are chomping at the bit to finally get outside after months of hunkering down during quarantine. One saving grace for many was the fact that the nationwide lockdown from work, school, and general public activity took place during the cooler months of late winter and spring.With such precautions beginning to calm down and the weather starting to heat up, there's excitement in the markets surrounding outdoor stocks. Here are a few companies that might be poised to benefit this summer.Yeti Yeti Holdings Inc (NYSE: YETI) is one of the most well-known outdoor sporting companies on the market. Its most popular products include ice chests, drinkware and other naturistic accessories that are suited for activities like camping, fishing and spending time with the family outdoors.With people able to get outside as the summer months hit, Yeti could recover nicely from the roughly 15% drop off it experienced during the coronavirus' most fierce months.Chris Camillo, founder of TickerTags and host of "Dumb Money LIVE," thinks Yeti's public exclusivity in its specific industry creates opportunities."This summer, anyone that makes anything related to taking your drinks outside, or keeping your drinks cool in your boat, or on a camping trip, or at the lake house, or just out by the pool is gonna kill it," he said. "And none of those other stocks are public, (but) Yeti is."See Also: 4 Stocks Poised To Breakout With The Return Of Live SportsCallaway Golf Callaway Golf Co (NYSE: ELY) doesn't necessarily stand out from other golf brands, such as Nike (NYSE: NKE) or Adidas (OTC: ADDYY), from an apparel or equipment perspective. But one of its most lucrative assets is TopGolf, the indoor golf and entertainment craze.Over the past few years, TopGolf has grown to become one of the most popular spots for hanging out with friends, parties and more.Callaway has given up around 20% in value since the start of the coronavirus and is trading around the $15.50 level. Due to TopGolf's ability to maintain small group settings in a semi-outdoor environment, it may be ahead of its entertainment competitors in being allowed to open up shop.Camillo commented on the show that he sees TopGolf's efficiency as a catalyst in its tremendous growth over the past few years."TopGolf is gonna kill it," he said. "Callaway is ideally positioned...this is the summer of golf."Diageo Many people will finally be able to kick back and have a cold drink with friends once again. And, of course, no drink feels like summer more than tequila.Thus, there is plenty of potential for Diageo plc (NYSE: DEO), owner of Don Julio and CasaMigos, to see success. Since the onset of serious restrictions due to the coronavirus pandemic in late February, the stock's value has dropped roughly 12%. Buyers may be interested in buying the dip here with lockdowns being lifted and outdoor bars starting to get more and more full.Camillo, while analyzing recent spikes in tequila and margarita drinking activity in the country, noted CasaMigos specifically is a top asset for Diageo."It's been astonishing to watch what CasaMigos has done over the past couple of years in terms of their marketing effort. They've been just killing it," he said."I think Diageo is really well positioned as part of the great outdoor trade of 2020."See more from Benzinga * This Small-Cap Stock Just Ripped 20% Higher On New Online Gambling Deal * These 10 Stocks Have Surged During The Coronavirus Pandemic(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • People can’t wait to go golfing, boating and camping — and these ‘great outdoors’ stocks may be the beneficiaries
    MarketWatch

    People can’t wait to go golfing, boating and camping — and these ‘great outdoors’ stocks may be the beneficiaries

    The Covid-19 lockdown has kept consumers inside for weeks. ‘People are more likely to do these things than get on an airplane and fly to Europe for their summer vacation,’ says money manager Eric Marshall at Hodges Capital Management.

  • Why Camping World, Brunswick, and Callaway Golf Stocks All Popped 8% or More Today
    Motley Fool

    Why Camping World, Brunswick, and Callaway Golf Stocks All Popped 8% or More Today

    In Friday trading, a handful of recreation equipment companies traded sharply higher. At the close, the stock of RV dealer Camping World Holdings (NYSE: CWH) was up 8.4%, while boat maker Brunswick (NYSE: BC) gained 10.1%. With spring starting to turn into summer, and restrictions on socially-distanced fun starting to relax, investors appear to be focusing their attention on stocks that could benefit from both trends: companies that trade in outdoor recreation equipment that turns popular in warm-weather months.

  • Benzinga

    Cramer Weighs In On Ubiquiti, Callaway Golf And More

    On CNBC's "Mad Money Lightning Round," Jim Cramer said if you want enterprise, you should go with Cisco Systems, Inc. (NASDAQ: CSCO). For those who want individual, he recommends Zoom Video Communications Inc (NASDAQ: ZM). He is not a buyer of Ubiquiti Inc (NYSE: UI).Callaway Golf Co (NYSE: ELY) is at interesting level to go long, said Cramer. He thinks golf is coming back.Cramer is not a buyer of Halozyme Therapeutics, Inc. (NASDAQ: HALO). He doesn't want to take to much risk.He would buy Cardlytics Inc (NASDAQ: CDLX) at its current level. He has been waiting for this pull back.Mercadolibre Inc (NASDAQ: MELI) is a great company and it is a buy, said Cramer.Cramer likes Martin Marietta Materials, Inc. (NYSE: MLM) as a company, but he said we are now going into recession and we don't have an infrastructure bill.See more from Benzinga * Cramer Gives His Opinion On Cisco, Uber And More * RNC Genter Capital CEO Likes Tech, Health Care, Financials In Volatile Market(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Callaway Golf Company Declares Quarterly Dividend
    PR Newswire

    Callaway Golf Company Declares Quarterly Dividend

    Callaway Golf Company (NYSE:ELY) declared a regular quarterly cash dividend of $0.01 per share on its Common Stock on May 12, 2020. The dividend is payable on June 17, 2020 to shareholders of record at the close of business on May 27, 2020.

  • Callaway Golf Donates Over $100,000 To MedShare For Their COVID-19 Relief Efforts
    PR Newswire

    Callaway Golf Donates Over $100,000 To MedShare For Their COVID-19 Relief Efforts

    Callaway Golf Company (NYSE: ELY), an industry leader in golf equipment performance and innovation, today announced that they have made a donation of over $100,000 to MedShare for their COVID-19 response work.

  • Callaway Golf (ELY) Q1 2020 Earnings Call Transcript
    Motley Fool

    Callaway Golf (ELY) Q1 2020 Earnings Call Transcript

    Ladies and gentlemen, thank you for standing by, and welcome to the first-quarter 2020 Callaway Golf conference call with Chip Brewer, CEO. Joining me on today's call are Chip Brewer, our president and chief executive officer; Brian Lynch, our chief financial officer; and Jennifer Thomas, our chief accounting officer.

  • Thomson Reuters StreetEvents

    Edited Transcript of ELY earnings conference call or presentation 7-May-20 9:00pm GMT

    Q1 2020 Callaway Golf Co Earnings Call

  • Callaway Golf (ELY) Q1 Earnings Top Estimates
    Zacks

    Callaway Golf (ELY) Q1 Earnings Top Estimates

    Callaway (ELY) delivered earnings and revenue surprises of 6.67% and -3.19%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Callaway Golf Company Announces First Quarter 2020 Results and Completion Of Convertible Notes Offering
    PR Newswire

    Callaway Golf Company Announces First Quarter 2020 Results and Completion Of Convertible Notes Offering

    Callaway Golf Company (NYSE:ELY) announced today financial results for the quarter ended March 31, 2020 consistent with the preliminary estimates announced on April 27, 2020. The Company also announced the completion on May 4, 2020 of the issuance of 2.75% Convertible Senior Notes due 2026, raising net proceeds of approximately $250 million after certain transaction costs.

  • Coronavirus Recession: 3 Stocks to Buy in May
    Motley Fool

    Coronavirus Recession: 3 Stocks to Buy in May

    When investing during a recession, look for stocks that make products that will do well in a recession -- and beyond.

  • Moody's

    Topgolf International, Inc. -- Moody's downgrades Topgolf's CFR to Caa2; outlook negative

    Moody's Investors Service (Moody's) downgraded Topgolf International, Inc.'s (Topgolf) Corporate Family Rating (CFR) to Caa2 from B3, Probability of Default Rating (PDR) to Caa3-PD from Caa1-PD, and the first lien credit facility ratings (including a senior secured revolver and term loan) to Caa2 from B3. The downgrade of Topgolf's ratings reflect the impact of the coronavirus outbreak which has disrupted the ability to operate the company's venues until the spread of the virus subsides.

  • Why Foot Locker, Callaway Golf, and Newell Brands Plunged 10% Early Friday
    Motley Fool

    Why Foot Locker, Callaway Golf, and Newell Brands Plunged 10% Early Friday

    Shares of Foot Locker (NYSE: FL), Callaway Golf (NYSE: ELY), and Newell Brands (NASDAQ: NWL), the respective leading retailers of shoes and accessories, golfing products, and assorted consumer goods, all dropped by double digits during intraday trading Friday after a couple of developments hit retailers hard. This was partly due to gloomy reports from Amazon. Apple also reported that its growth slowed drastically compared to the prior year, and for the first time in years, it opted not to provide investors an outlook for the full year.

  • Callaway Golf Company to Broadcast First Quarter 2020 Financial Results
    PR Newswire

    Callaway Golf Company to Broadcast First Quarter 2020 Financial Results

    Callaway Golf Company (NYSE:ELY) announced today that it will release its first quarter 2020 financial results on Thursday afternoon, May 7, 2020. The Company will subsequently hold a conference call with financial analysts and investors to review the results and discuss the Company's outlook and business at 2:00 p.m. PDT that same day. The call will be broadcast live over the internet and can be accessed at http://ir.callawaygolf.com/. To listen to the call, go to the website at least 15 minutes before the call to register and for instructions on how to access the broadcast.

  • Callaway Golf Company Announces Change To A Virtual-Only Format For The 2020 Annual Meeting Of Shareholders
    PR Newswire

    Callaway Golf Company Announces Change To A Virtual-Only Format For The 2020 Annual Meeting Of Shareholders

    Callaway Golf Company (the "Company") (NYSE:ELY) announced today that its upcoming 2020 Annual Meeting of Shareholders (the "Annual Meeting") will now be held in a virtual-only meeting format. The Annual Meeting will be held at the originally scheduled date and time on May 12, 2020 at 8:00 a.m. (Pacific Time).

  • Jana Partners Takes a Slice Off Conagra Brands Stake
    GuruFocus.com

    Jana Partners Takes a Slice Off Conagra Brands Stake

    Activist firm reduces position in packaged foods company seeing increased demand amid the coronavirus pandemic Continue reading...

  • Callaway Golf Company Prices $225 Million Convertible Senior Notes Offering
    PR Newswire

    Callaway Golf Company Prices $225 Million Convertible Senior Notes Offering

    Callaway Golf Company (NYSE: ELY) announced today the pricing of its offering of $225,000,000 aggregate principal amount of 2.75% convertible senior notes due 2026 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The offering size was increased from the previously announced offering size of $200,000,000 aggregate principal amount of notes. The issuance and sale of the notes is scheduled to settle on May 4, 2020, subject to customary closing conditions. Callaway also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $33,750,000 principal amount of notes.

  • MarketWatch

    Callaway Golf to offer $200 million in convertible senior notes due 2026

    Callaway Golf Co. said Wednesday it is planning to offer $200 million in convertible senior notes that mature in 2026. The golfing accessories maker is planning to reduce the potential dilution of issuing new shares by entering capped call transactions with one or more dealers. The capped call transactions are expected to cover the number of shares of Callaway's common stock underlying the notes. Proceeds of the deal will be used to pay the cost of the capped call transactions and for general corporate purposes. Shares were slightly higher premarket but have fallen 35% in the year to date, while the S&P 500 has fallen 11%.

  • Callaway Golf Company Announces Proposed Convertible Senior Notes Offering
    PR Newswire

    Callaway Golf Company Announces Proposed Convertible Senior Notes Offering

    Callaway Golf Company (NYSE: ELY) announced today its intention to offer, subject to market and other conditions, $200,000,000 aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Callaway also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $30,000,000 principal amount of notes.

  • TheStreet.com

    Callaway Golf Shares Card a Birdie as Company Sees Rebound in Sport

    Callaway Golf warned of a first-quarter-earnings shortfall but contends golfers will hit the links again as the coronavirus comes under control.

  • A Rising Share Price Has Us Looking Closely At Callaway Golf Company's (NYSE:ELY) P/E Ratio
    Simply Wall St.

    A Rising Share Price Has Us Looking Closely At Callaway Golf Company's (NYSE:ELY) P/E Ratio

    Callaway Golf (NYSE:ELY) shareholders are no doubt pleased to see that the share price has bounced 33% in the last...

  • Do Hedge Funds Love Callaway Golf Company (ELY)?
    Insider Monkey

    Do Hedge Funds Love Callaway Golf Company (ELY)?

    Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

  • Is Callaway Golf Company's (NYSE:ELY) CEO Being Overpaid?
    Simply Wall St.

    Is Callaway Golf Company's (NYSE:ELY) CEO Being Overpaid?

    Chip Brewer has been the CEO of Callaway Golf Company (NYSE:ELY) since 2012. First, this article will compare CEO...

  • New Strong Sell Stocks for March 31st
    Zacks

    New Strong Sell Stocks for March 31st

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

  • A Sliding Share Price Has Us Looking At Callaway Golf Company's (NYSE:ELY) P/E Ratio
    Simply Wall St.

    A Sliding Share Price Has Us Looking At Callaway Golf Company's (NYSE:ELY) P/E Ratio

    Unfortunately for some shareholders, the Callaway Golf (NYSE:ELY) share price has dived 31% in the last thirty days...