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ELY

Callaway Golf Company

Consumer Cyclical

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Price alert · ELY

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21.33 0.00 0.00%
As of Sep 7, 2022
21.22 Day range 22.08

52-week range unavailable

Open
22.01
Prev close
21.33
Mkt cap
3.94B
Vol
2.10M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.00%
More statistics
Low
21.22
High
22.08
Forward P/E
22.45
Beta
1.76
Short ratio
9.25
Inst. own
80.84%
Dividend
0.00
Ex-div date
May 25, 2020
Earnings
Aug 4, 2022
50-d avg
22.44
200-d avg
23.31
1y target
35.20

2Y chart

Chart tools
Interval
ELY two-year price chart17.821.224.628.031.4Nov 21Dec 21Mar 22May 22Jul 22Sep 22

Key statistics

Market cap
3.94B
Enterprise value
7.46B
Trailing P/E
41.82
Forward P/E
22.45
PEG ratio
1.40
Price / sales
1.06
Price / book
1.04
EPS (TTM)
0.51
Beta
1.76
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
4.03%
Revenue (TTM)
3.72B
Revenue growth
22.10%
Free cash flow
-187.43M
Total cash
179.40M
Total debt
3.37B
Return on equity
3.98%
Shares outstanding
184.77M
Short % of float
9.77%
50-day average
22.44
200-day average
23.31

Analyst view

Consensus: buy

Buy
Price target (mean) 35.20 +65.0% upside
Target (low)
23.00
Target (mean)
35.20
Target (high)
55.00
Ratings (0m) 12 8 buy · 4 hold · 0 sell
  • Strong buy2
  • Buy6
  • Hold4
  • Sell0
  • Strong sell0

Next earnings

Aug 4, 2022

Expected Aug 4, 2022. Consensus EPS estimate 0.18.

Earnings history

Earnings

ELY recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Aug 4, 2022Jun 1, 20220.42———
May 10, 2022Mar 1, 20220.24———
Feb 10, 2022Dec 1, 2021-0.28———
Nov 9, 2021Sep 1, 20210.10———
Aug 9, 2021Jun 1, 2021-0.01———
May 10, 2021Mar 1, 20210.12———

Upgrades / downgrades

ELY analyst upgrades and downgrades
DateFirmActionFromTo
May 12, 2022Keybancmain—Overweight
May 11, 2022Raymond Jamesmain—Outperform
Apr 11, 2022Truist Securitiesmain—Buy
Mar 7, 2022Goldman Sachsmain—Neutral
Feb 11, 2022Raymond Jamesmain—Outperform
Dec 14, 2021Goldman Sachsinit—Neutral

About Callaway Golf Company

Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories. It operates through three segments: Topgolf; Golf Equipment; and Apparel, Gear and Other. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, multiple bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology used by independent driving ranges and broadcast television; and World Golf Tour digital golf game. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Apparel, Gear and Other segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; and golf and lifestyle apparel, hats, luggage and accessories, footwear, belts, facemasks, sunglasses, socks, and underwear under the TravisMathew brand. This segment also provides storage gear for sport and personal use, such as backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. The company sells its products through golf retailers, sporting goods retailers, on-line retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as through its websites in the United States and approximately 120 countries. The company was incorporated in 1982 and is headquartered in Carlsbad, California.

Sector
Consumer Cyclical
Industry
Leisure
Country
United States

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Insider holders

ELY insider holders
InsiderRelationLatest transactionDateShares held
ANDERSON ERIK JDirectorSaleAug 15, 20220
ARMACOST SAMUEL HDirectorConversion of Exercise of derivative securityMay 18, 2022108,102
BAXTER SCOTT HDirectorConversion of Exercise of derivative securityMay 18, 202214,746
DUNDON THOMAS GDirectorStock Award(Grant)Jun 14, 202218,644,300
FLEISCHER RUSSELL LDirectorStock Award(Grant)Jun 14, 202238,850
LUNDGREN JOHN FDirectorConversion of Exercise of derivative securityMay 18, 202281,342

Institution ownership

ELY institution ownership
Holder% heldSharesValueReported
Providence Equity Partners L.l.c.11.46%21,175,226451.67MJun 29, 2022
Blackrock Inc.7.65%14,126,015301.31MJun 29, 2022
Vanguard Group, Inc. (The)6.82%12,602,576268.81MJun 29, 2022
Boston Partners4.00%7,385,157157.53MJun 29, 2022
State Street Corporation2.07%3,826,05681.61MJun 29, 2022
Goldman Sachs Group Inc1.83%3,385,88572.22MJun 29, 2022

Fund ownership

ELY fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund2.21%4,079,25087.01MJun 29, 2022
Vanguard Small-Cap Index Fund1.89%3,493,20374.51MJun 29, 2022
iShares Core S&P Midcap ETF1.84%3,395,88172.43MJul 30, 2022
iShares Russell 2000 ETF1.64%3,035,99664.76MJul 30, 2022
John Hancock Fds III-Disciplined Value Mid Cap Fd1.19%2,204,74647.03MJul 30, 2022
Vanguard Small-Cap Growth Index Fund1.12%2,062,26943.99MJun 29, 2022
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