ELY - Callaway Golf Co Stock Price, Fair Value and News

15.11USD-0.01 (-0.07%)Delayed

Market Summary

USD15.11-0.01

Delayed

-0.07%

ELY Alerts

Big fall in earnings (Y/Y)

ELY Stock Price

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ELY RSI Chart

ELY Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

36.26

Price/Sales (Trailing)

0.65

EV/EBITDA

8.48

Price/Free Cashflow

158.5

ELY Price/Sales (Trailing)

ELY Profitability

EBT Margin

0.60%

Return on Equity

1.97%

Return on Assets

0.84%

Free Cashflow Yield

0.63%

ELY Fundamentals

ELY Revenue

Revenue (TTM)

4.3B

Rev. Growth (Yr)

-1.99%

Rev. Growth (Qtr)

27.54%

ELY Earnings

Earnings (TTM)

76.5M

Earnings Growth (Yr)

-74%

Earnings Growth (Qtr)

108.43%

Breaking Down ELY Revenue

Last 7 days

0.3%

Last 30 days

-3.5%

Last 90 days

2.0%

Trailing 12 Months

-42.3%

How does ELY drawdown profile look like?

ELY Financial Health

Current Ratio

1.82

Debt/Equity

0.39

Debt/Cashflow

0.29

ELY Investor Care

Dividend Yield

0.06%

Dividend/Share (TTM)

0.01

Buy Backs (1Y)

1.10%

Diluted EPS (TTM)

0.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	4.3B	0	0	0
2023	4.1B	4.2B	4.2B	4.3B
2022	3.5B	3.7B	3.9B	4.0B
2021	1.8B	2.4B	2.8B	3.1B
2020	1.6B	1.5B	1.5B	1.6B
2019	1.4B	1.4B	1.6B	1.7B
2018	1.1B	1.2B	1.3B	1.2B
2017	906.1M	965.0M	1.0B	1.0B
2016	833.7M	848.8M	860.8M	871.2M
2015	819.3M	817.9M	825.1M	843.8M
2014	906.9M	889.2M	879.5M	886.9M
2013	836.7M	805.2M	835.6M	842.8M
2012	886.0M	893.3M	868.0M	834.1M
2011	950.4M	920.6M	918.2M	886.5M
2010	0	956.4M	962.0M	967.7M
2009	0	0	0	950.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Callaway Golf Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Aug 16, 2022	anderson erik j	sold	-124,450	24.89	-5,000	-
Aug 08, 2022	anderson erik j	sold	-518,400	23.04	-22,500	-
Aug 01, 2022	lynch brian p.	acquired	-	-	39,371	evp, cfo
Aug 01, 2022	lynch brian p.	sold (taxes)	-488,394	22.98	-21,253	evp, cfo
Jun 15, 2022	dundon thomas g.	acquired	-	-	1,180	-
Jun 15, 2022	fleischer russell l	acquired	-	-	1,357	-
Jun 15, 2022	ogunlesi adebayo o.	acquired	-	-	1,298	-
May 19, 2022	marimow scott m.	acquired	-	-	4,063	-
May 19, 2022	flanagan laura jean	acquired	-	-	4,063	-
May 19, 2022	anderson erik j	acquired	-	-	4,063	-

Which funds bought or sold ELY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Feb 26, 2024	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	unchanged	-	23,000	681,000	0.01%
Feb 26, 2024	Neo Ivy Capital Management	reduced	-99.66	-987,000	3,000	0.01%
Feb 20, 2024	Pacific Center for Financial Services	unchanged	-	48.00	1,363	-%
Feb 16, 2024	HARBOUR INVESTMENTS, INC.	reduced	-92.56	-34,500	2,882	-%
Feb 16, 2024	Spouting Rock Asset Management, LLC	new	-	412,160	412,160	0.15%
Feb 15, 2024	Potomac Capital Management, Inc.	reduced	-5.45	-15,520	745,680	0.87%
Feb 14, 2024	Coppell Advisory Solutions LLC	reduced	-52.63	-246	129	-%
Jan 31, 2024	CAMBRIDGE TRUST CO	new	-	5,019	5,019	-%
Jan 09, 2024	IFP Advisors, Inc	added	31.7	15,918	59,583	-%
Nov 14, 2023	Connacht Asset Management LP	reduced	-26.47	-401,674	422,577	2.50%

Are Funds Buying or Selling ELY?

Are funds buying ELY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ELY

No. of Funds

ELY Alerts

Big fall in earnings (Y/Y)

Unveiling Callaway Golf Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	shapiro capital management llc	-	0	SC 13G
Feb 13, 2024	vanguard group inc	8.35%	15,403,379	SC 13G/A
Jan 08, 2024	blackrock inc.	12.7%	23,385,925	SC 13G/A
Feb 09, 2023	vanguard group inc	7.14%	13,198,016	SC 13G/A
Jan 25, 2023	blackrock inc.	8.8%	16,280,463	SC 13G/A
Feb 09, 2022	vanguard group inc	6.72%	12,494,331	SC 13G/A
Feb 01, 2022	blackrock inc.	7.0%	13,043,714	SC 13G/A
Nov 17, 2021	pep tg investments lp	11.45%	21,305,290	SC 13D/A
Oct 01, 2021	westriver management, llc	4.0%	7,446,388	SC 13D/A
Sep 22, 2021	pep tg investments lp	13.06%	24,305,290	SC 13D/A

Recent SEC filings of Callaway Golf Co

View All Filings

Date Filed	Form Type	Document
May 14, 2024	4	Insider Trading
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 24, 2024	4	Insider Trading
Apr 18, 2024	ARS	ARS
Apr 18, 2024	DEFA14A	DEFA14A
Apr 17, 2024	DEF 14A	DEF 14A
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Mar 21, 2024	8-K	Current Report

Callaway Golf Co News

Latest updates

Callaway Golf Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	27.5%	1,144	897	1,041	1,180	1,167	851	989	1,116	1,040	712	857	914	652	375	476	297	442	312	426	447	516
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	139	201	122	196	130	191	207	238
Operating Expenses	15.9%	1,077	930	967	1,064	1,087	886	920	987	946	766	781	806	576	407	412	474	402	1,087	151	162	169
S&GA Expenses	11.0%	273	246	243	280	269	250	225	253	243	237	218	221	174	158	127	115	142	249	102	113	119
R&D Expenses	-32.2%	23.00	34.00	23.00	22.00	23.00	21.00	19.00	19.00	18.00	19.00	16.00	20.00	13.00	13.00	10.00	10.00	13.00	12.00	13.00	13.00	13.00
EBITDA Margin	-0.8%	0.11*	0.11*	0.11*	0.11*	0.11*	0.12*	0.12*	0.12*	0.12*	0.20*	0.21*	0.23*	0.14*	-	-	-	-	-	-	-	-
Interest Expenses	-24.2%	43.00	57.00	52.00	52.00	50.00	43.00	36.00	33.00	31.00	41.00	29.00	29.00	17.00	12.00	13.00	12.00	9.00	8.00	10.00	11.00	10.00
Income Taxes	169.4%	5.00	-7.20	-3.00	-45.80	-4.20	-3.50	0.00	3.00	-15.70	-69.50	66.00	-15.80	48.00	-7.18	5.00	-7.93	9.00	-2.35	2.00	7.00	10.00
Earnings Before Taxes	113.6%	12.00	-84.30	27.00	72.00	21.00	-76.20	39.00	108	71.00	-95.70	50.00	76.00	320	-47.72	58.00	-175	38.00	-31.57	33.00	36.00	58.00
EBT Margin	-26.3%	0.01*	0.01*	0.01*	0.01*	0.02*	0.04*	0.03*	0.04*	0.03*	0.11*	0.14*	0.17*	0.09*	-	-	-	-	-	-	-	-
Net Income	108.4%	7.00	-77.10	30.00	117	25.00	-72.70	39.00	105	87.00	-26.23	-16.00	92.00	273	-40.58	52.00	-167	29.00	-29.22	31.00	29.00	49.00
Net Income Margin	-19.0%	0.02*	0.02*	0.02*	0.03*	0.02*	0.04*	0.05*	0.04*	0.04*	0.10*	0.11*	0.16*	0.06*	-	-	-	-	-	-	-	-
Free Cashflow	-417.4%	-138	44.00	123	-10.90	-273	-248	-27.70	19.00	-309	-91.90	68.00	87.00	-107	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.3%	9,092	9,121	8,982	8,964	8,941	8,590	8,222	8,156	8,079	7,748	7,397	7,272	7,109	1,981	1,966	1,860	2,135	1,961	1,860	1,937	1,934
Current Assets	-2.1%	1,593	1,628	1,603	1,658	1,755	1,519	1,361	1,342	1,404	1,166	1,339	1,254	1,203	913	925	841	934	789	732	786	823
Cash Equivalents	-39.2%	239	394	330	192	181	180	200	178	245	352	508	415	397	366	287	164	167	107	88.00	81.00	79.00
Inventory	-11.5%	703	794	737	840	930	959	722	604	552	534	385	335	336	353	325	379	413	457	340	360	382
Net PPE	0.5%	2,168	2,157	2,083	2,003	1,914	1,810	1,677	1,600	1,535	1,451	1,330	1,265	1,192	146	146	150	151	133	127	122	117
Goodwill	0.2%	1,993	1,989	1,984	1,984	1,984	1,984	1,981	1,983	1,918	1,960	2,025	2,022	2,032	57.00	56.00	56.00	201	204	150	210	210
Current Liabilities	-7.7%	875	948	909	933	1,075	1,176	1,039	1,036	1,157	866	840	788	696	391	371	344	649	523	408	462	518
Long Term Debt	0.1%	1,519	1,518	1,522	1,525	1,530	1,176	1,066	1,067	1,071	1,025	1,049	1,064	1,175	651	651	629	454	443	445	466	466
LT Debt, Current	-4.1%	16.00	17.00	-	-	-	-	-	-	-	-	-	-	-	15.00	15.00	9.00	9.00	7.00	7.00	5.00	5.00
LT Debt, Non Current	-100.0%	-	1,518	1,522	1,525	1,530	1,176	1,066	1,067	1,071	1,025	1,049	1,064	1,175	651	651	629	454	443	445	466	466
Shareholder's Equity	0.2%	3,887	3,878	3,952	3,933	3,811	3,774	3,807	3,790	3,701	3,683	3,722	3,740	3,613	676	689	625	760	767	777	762	751
Retained Earnings	0.7%	954	948	1,025	995	878	853	925	887	781	682	708	724	633	360	401	348	517	489	520	489	461
Additional Paid-In Capital	0.0%	3,032	3,033	3,025	3,012	3,003	3,013	3,004	2,996	2,984	3,052	3,038	3,025	3,017	347	344	342	307	324	322	320	326
Accumulated Depreciation	8.2%	713	659	-	-	-	-	-	-	367	333	299	262	231	261	-	-	-	263	-	-	-
Shares Outstanding	-0.7%	184	185	185	185	185	185	185	185	185	169	186	185	118	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9.00
Float	-	-	-	-	2,808	-	-	-	2,832	-	-	-	4,007	-	-	-	1,649	-	-	-	1,591	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-153.5%	-73,300	137,000	249,500	130,300	-152,100	-69,700	82,700	137,200	-185,300	31,500	146,300	179,100	-78,600	105,649	142,872	73,361	-93,682	22,697	114,612	69,845	-120,604
Share Based Compensation	57.8%	13,100	8,300	13,600	12,400	12,400	9,600	10,400	13,200	13,800	11,600	11,500	11,000	4,600	2,834	3,272	2,933	1,861	3,420	2,512	3,529	3,435
Cashflow From Investing	27.6%	-89,100	-123,000	-139,200	-140,800	-139,900	-181,500	-110,600	-118,700	-124,300	-152,900	-59,500	-92,000	142,500	-8,298	-20,571	-13,378	-16,953	-35,761	-13,412	-12,099	-474,394
Cashflow From Financing	-83.6%	7,300	44,400	33,700	24,300	273,400	260,000	43,500	-83,300	205,100	-37,800	15,000	-70,900	-30,400	-12,478	-591	-65,601	174,770	31,784	-93,620	-51,497	605,849
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-3.00	-	-	3.00	9.00	-	942	949	942	941	940	953
Buy Backs	-48.3%	6,200	12,000	16,700	18,100	9,200	300	1,000	200	34,300	25,300	400	-	12,500	57.00	190	15.00	21,938	568	111	17.00	27,377

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ELY Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net revenues:
Total net revenues	$ 1,144.2	$ 1,167.4
Costs and expenses:
Other venue expense	323.4	305.5
Selling, general and administrative expense	273.0	268.5
Research and development expense	23.2	22.8
Venue pre-opening costs	3.2	3.7
Total costs and expenses	1,077.3	1,086.9
Income from operations	66.9	80.5
Interest expense, net	(58.8)	(49.6)
Other income (expense), net	3.4	(10.1)
Income before income taxes	11.5	20.8
Income tax provision (benefit)	5.0	(4.2)
Net income	$ 6.5	$ 25.0
Earnings per common share:
Basic (in dollars per share)	$ 0.04	$ 0.13
Diluted (in dollars per share)	$ 0.04	$ 0.13
Weighted-average common shares outstanding:
Basic (in shares)	183.7	185.2
Diluted (in shares)	184.4	201.5
Products
Net revenues:
Total net revenues	$ 726.1	$ 767.6
Costs and expenses:
Cost of products	412.9	442.0
Services
Net revenues:
Total net revenues	418.1	399.8
Costs and expenses:
Cost of services, excluding depreciation and amortization	$ 41.6	$ 44.4

ELY Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 233.9	$ 393.5
Restricted cash	0.7	0.8
Accounts receivable, less allowances of $11.1 million and $11.6 million, respectively	423.9	200.5
Inventories	702.9	794.4
Prepaid expenses	56.8	55.8
Other current assets	175.0	183.1
Total current assets	1,593.2	1,628.1
Property, plant and equipment, net	2,167.6	2,156.5
Operating lease right-of-use assets, net	1,402.8	1,410.1
Other intangible assets, net	80.6	83.7
Trade names and trademarks	1,420.2	1,421.8
Goodwill	1,992.7	1,988.7
Other assets, net	434.9	431.7
Total assets	9,092.0	9,120.6
Current liabilities:
Accounts payable and accrued expenses	410.5	480.5
Accrued employee compensation and benefits	118.1	113.1
Asset-based credit facilities	52.2	54.7
Operating lease liabilities, short-term	86.7	86.4
Construction advances	61.8	59.3
Deferred revenue	106.7	110.9
Other current liabilities	39.0	42.7
Total current liabilities	875.0	947.6
Long-term debt, net	1,519.2	1,518.2
Operating lease liabilities, long-term	1,430.7	1,433.4
Deemed landlord financing obligations	1,013.7	980.0
Deferred taxes, net	41.9	36.7
Other long-term liabilities	324.5	326.5
Commitments and contingencies (Note 12)
Shareholders’ equity:
Preferred stock, $0.01 par value, 3.0 million shares authorized, none issued and outstanding at March 31, 2024 and December 31, 2023	0.0	0.0
Common stock, $0.01 par value, 360.0 million shares authorized, and 187.0 million shares issued at both March 31, 2024 and December 31, 2023	1.9	1.9
Additional paid-in capital	3,031.7	3,032.7
Retained earnings	954.0	947.5
Accumulated other comprehensive loss	(52.1)	(47.5)
Less: Common stock held in treasury, at cost, 2.9 million shares and 3.3 million shares at March 31, 2024 and December 31, 2023, respectively	(48.5)	(56.4)
Total shareholders’ equity	3,887.0	3,878.2
Total liabilities and shareholders’ equity	$ 9,092.0	$ 9,120.6

About Callaway Golf Co

WEBSITE	callawaygolf.com

Callaway Golf Co Frequently Asked Questions

What is the ticker symbol for Callaway Golf Co? What does ELY stand for in stocks?

ELY is the stock ticker symbol of Callaway Golf Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Callaway Golf Co (ELY)?

As of Fri May 17 2024, market cap of Callaway Golf Co is 2.77 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ELY stock?

You can check ELY's fair value in chart for subscribers.

What is the fair value of ELY stock?

You can check ELY's fair value in chart for subscribers. The fair value of Callaway Golf Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Callaway Golf Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ELY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Callaway Golf Co a good stock to buy?

The fair value guage provides a quick view whether ELY is over valued or under valued. Whether Callaway Golf Co is cheap or expensive depends on the assumptions which impact Callaway Golf Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ELY.

What is Callaway Golf Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ELY's PE ratio (Price to Earnings) is 36.26 and Price to Sales (PS) ratio is 0.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ELY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Callaway Golf Co's stock?

In the past 10 years, Callaway Golf Co has provided 0.073 (multiply by 100 for percentage) rate of return.