Callaway Stock Today

ELY
 Stock
  

USD 21.91  0.79  3.48%   

Market Performance
5 of 100
Odds Of Distress
Less than 12
Callaway Golf is trading at 21.91 as of the 9th of August 2022; that is -3.48% down since the beginning of the trading day. The stock's open price was 22.7. Callaway Golf has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Callaway Golf are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of August 2020 and ending today, the 9th of August 2022. Click here to learn more.
CUSIP
131193104
Fiscal Year End
December
Business Domain
Consumer Durables & Apparel
IPO Date
27th of February 1992
Category
Consumer Cyclical
Classification
Consumer Discretionary
ISIN
US1311931042
Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories. The company was incorporated in 1982 and is headquartered in Carlsbad, California. Callaway Golf operates under Leisure classification in the United States and is traded on New York Stock Exchange. The company has 186.01 M outstanding shares of which 14.13 M shares are currently shorted by investors with about 8.06 days to cover. More on Callaway Golf

Moving together with Callaway Golf

0.71LTHLife Time Group Earnings Call  TomorrowPairCorr
Follow Valuation Options Odds of Bankruptcy
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Callaway Golf Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Callaway Golf's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Callaway Golf or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Over 79.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.marketscreener.com: CALLAWAY GOLF CO Managements Discussion and Analysis of Financial Condition and Results of Operations - Marketscreener.com
CEOOliver Brewer
SEC FilingsCallaway Golf Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Callaway Golf report their recommendations after researching Callaway Golf's financial statements, talking to executives and customers, or listening in on Callaway Golf's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Callaway Golf. The Callaway consensus assessment is calculated by taking the average forecast from all of the analysts covering Callaway Golf.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Callaway Golf based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Callaway Golf financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares141.9 M169.1 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted147 M176.9 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations300.2 M278.3 M
Significantly Up
Increasing
Slightly volatile
Total Assets8.4 B7.7 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities4.4 B4.1 B
Significantly Up
Increasing
Slightly volatile
Current Assets946.3 M1.2 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities934.4 M866 M
Significantly Up
Increasing
Slightly volatile
Total Debt3.2 BB
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.04750.044
Significantly Up
Increasing
Slightly volatile
Gross Margin0.560.595
Notably Down
Increasing
Slightly volatile
Asset Turnover0.670.425
Way Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Callaway Golf's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Callaway Golf's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Callaway Golf's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Callaway Golf's financial leverage. It provides some insight into what part of Callaway Golf's total assets is financed by creditors.
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Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Callaway Golf's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Callaway Golf deploys its capital and how much of that capital is borrowed.
Liquidity
Callaway Golf cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.37 B in debt with debt to equity (D/E) ratio of 0.91, which is OK given its current industry classification. Callaway Golf has a current ratio of 1.19, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist Callaway Golf until it has trouble settling it off, either with new capital or with free cash flow. So, Callaway Golf's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Callaway Golf sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Callaway to invest in growth at high rates of return. When we think about Callaway Golf's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

300.22 Million
Callaway Golf (ELY) is traded on New York Stock Exchange in USA. It is located in 2180 Rutherford Road, Carlsbad, CA 92008, United States and employs 24,800 people. Callaway Golf is listed under Recreation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 4.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Callaway Golf's market, we take the total number of its shares issued and multiply it by Callaway Golf's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Callaway Golf runs under Consumer Cyclical sector within Leisure industry. The entity has 186.01 M outstanding shares of which 14.13 M shares are currently shorted by investors with about 8.06 days to cover. Callaway Golf has about 245 M in cash with 171.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.33.
Check Callaway Golf Probability Of Bankruptcy
Ownership
Callaway Golf holds a total of one hundred eighty-six million ten thousand outstanding shares. The majority of Callaway Golf outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Callaway Golf to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Callaway Golf. Please pay attention to any change in the institutional holdings of Callaway Golf as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Callaway Ownership Details

Callaway Stock Price Odds Analysis

What are Callaway Golf's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Callaway Golf jumping above the current price in 90 days from now is about 27.84%. The Callaway Golf probability density function shows the probability of Callaway Golf stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.46 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Callaway Golf will likely underperform. Additionally, the company has an alpha of 0.1433, implying that it can generate a 0.14 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 21.91HorizonTargetOdds Above 21.91
71.97%90 days
 21.91 
27.84%
Based on a normal probability distribution, the odds of Callaway Golf to move above the current price in 90 days from now is about 27.84 (This Callaway Golf probability density function shows the probability of Callaway Stock to fall within a particular range of prices over 90 days) .

Callaway Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Callaway Golf that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Callaway Golf's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Callaway Golf's value.
InstituionSecurity TypeTotal SharesValue
Allspring Global Investments Holdings LlcCommon Shares2.8 M57.1 M
Timessquare Capital Management LlcCommon Shares2.1 M43.6 M
Absolute Investment Advisers LlcDebt2.4 M3.3 M
View Callaway Golf Diagnostics

Callaway Golf Historical Income Statement

Callaway Golf Income Statement is one of the three primary financial statements used for reporting Callaway's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Callaway Golf revenue and expense. Callaway Golf Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Callaway Golf Revenues is fairly stable at the moment as compared to the past year. Callaway Golf reported Revenues of 3.13 Billion in 2021. Income Tax Expense is likely to rise to about 30.9 M in 2022, whereas Cost of Revenue is likely to drop slightly above 1.1 B in 2022. View More Fundamentals

Callaway Stock Against Markets

Picking the right benchmark for Callaway Golf stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Callaway Golf stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Callaway Golf is critical whether you are bullish or bearish towards Callaway Golf at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Callaway Golf without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Callaway Golf Corporate Directors

Callaway Golf corporate directors refer to members of a Callaway Golf board of directors. The board of directors generally takes responsibility for the Callaway Golf's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Callaway Golf's board members must vote for the resolution. The Callaway Golf board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John Cushman - Independent DirectorProfile
Linda Segre - Independent DirectorProfile
Russell Fleischer - Independent DirectorProfile
Samuel Armacost - Independent DirectorProfile

Invested in Callaway Golf?

You need to understand the risk of investing before taking a position in Callaway Golf. The danger of trading Callaway Golf is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Callaway Golf is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Callaway Golf. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Callaway Golf is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. Note that the Callaway Golf information on this page should be used as a complementary analysis to other Callaway Golf's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running Callaway Golf price analysis, check to measure Callaway Golf's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Callaway Golf is operating at the current time. Most of Callaway Golf's value examination focuses on studying past and present price action to predict the probability of Callaway Golf's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Callaway Golf's price. Additionally, you may evaluate how the addition of Callaway Golf to your portfolios can decrease your overall portfolio volatility.
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Is Callaway Golf's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Callaway Golf. If investors know Callaway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Callaway Golf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.14
Market Capitalization
4.2 B
Quarterly Revenue Growth YOY
0.22
Return On Assets
0.0205
Return On Equity
0.0398
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine Callaway Golf value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.