|Bid||15.82 x 800|
|Ask||15.82 x 1100|
|Day's Range||15.71 - 16.00|
|52 Week Range||13.49 - 24.67|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||13.53|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.04 (0.24%)|
|1y Target Est||24.95|
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that there are more than a few examples Read More...
GoPro (GPRO) intends to accelerate the growing sales momentum with future product launches at a relatively cheaper price.
Insider Monkey has processed numerous 13F filings of hedge funds and famous investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds and investors’ positions as of the end of the third quarter. You can find write-ups about an individual hedge fund’s trades on numerous financial news websites. […]
NEW YORK, Dec. 07, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on December 4. Index (PMI) data, output in the Consumer Goods sector is rising.
Moody's Investors Service assigned a Ba3 Corporate Family Rating (CFR) and Ba3-PD Probability of Default Rating to Callaway Golf Company. "Proceeds from the term loan will be used to fund the acquisition of Jack Wolfskin by Callaway," said Kevin Cassidy, Senior Credit Officer at Moody's Investors Service. Callaway expects the transaction to close in Q1 2019.
Callaway announced Friday that it entered into an agreement to acquire Jack Wolfskin — a brand that does not generate any meaningful revenue in North America — for 6 million. "Jack Wolfskin is a premium outdoor brand with tremendous international reach, being a leading brand in the European market and having a substantial presence in China.
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.
tumbled as much as 16% on Friday after the golf-retail company announced it entered into an agreement to acquire German lifestyle-outdoor brand Jack Wolfskin for approximately $476 million. Callaway Golf shares were down 13%, or $2.48, to $16.45, pushing the company's shares to their lowest since February, despite hitting a peak of $24.37 last month ahead of positive third-quarter earnings. Callaway Golf made a similar acquisition in 2017 of Ogio-TravisMatthew, which was also viewed by investors as a dogleg-left away from the company's roots.
(Bloomberg) -- Callaway Golf’s planned purchase of outdoor apparel brand Jack Wolfskin adds product and geographic diversification, but the modest dilution to 2019 EPS is disappointing, Aegis Capital analyst Rommel Dionisio writes in a note. Shares plunged as much as 17 in the stock’s biggest intraday drop in more than six years. ...
Callaway Golf Co. said Friday it has reached a deal to acquire Jack Wolfskin, a maker of outdoor clothing, footwear and equipment based in Germany, for the equivalent of about $476 million. The deal is aimed at helping the company expand into the active lifestyle market, following its 2017 acquisition of TravisMathew and Ogio. The deal is expected to shave 6 cents off adjusted per-share earnings in the first year after closing, but to boost earnings in the second year. It is expected to close in the first quarter of 2019. Jack Wolfskin will continue to operate out of its headquarters in Idstein, Germany. The brand is a big player in China as well as Europe. Callaway Golf shares were not yet active premarket, but have gained 35.8% in 2018, while the S&P 500 has gained 2.4%.
The acquisition furthers Callaway's push into the active lifestyle category after its successful 2017 acquisitions of TravisMathew and Ogio. Jack Wolfskin is an international, premium outdoor apparel, footwear and equipment brand.
Extended Stay America (STAY) is increasingly focusing on strengthening its franchise relations and disposing of its assets to cut expenses.
Demand for leisure goods and services depend entirely on consumer discretionary spending. Moreover, general growth in the economy is slated to aid the overall industry.
Jennifer Rogers talks to Yahoo Finance's Editor-at-Large Brian Sozzi about Callaway Golf Company's recent deal to acquire clothing retailer, Jack Wolfskin.
Callaway is buying clothing company Jack Wolfskin for about $476 million. Yahoo Finance’s Alexis Christoforous and Brian Sozzi examine the details.