Callaway Golf Company Stock News

To start 2022, Callaway Golf Company (NYSE:ELY) was named a  "top pick" at Compass Point, but soon went by way of the broad-market pullback, losing 12% since the start of the year.

Callaway (ELY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Callaway Golf Co. (ELY) shares closed 0.3% lower than its previous 52 week low, giving the company a market cap of $4B. The stock is currently down 12.0% year-to-date, down 16.5% over the past 12 months, and up 103.5% over the past five years. This week, the Dow Jones Industrial Average fell 3.0%, and the S&P 500 fell 4.8%. Trading Activity Trading volume this week was 4.6% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Discretionary industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 17.8% The company's stock price performance over the past 12 months beats the peer average by -47.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 12.4% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

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Callaway Golf Company (NYSE:ELY) stock, which was a Schaeffer's top stock pick for 2021, is up 1.9% to trade at $27.97 at last check.

The consensus price target hints at a 50.7% upside potential for Callaway (ELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate

Callaway Golf (NYSE:ELY) and American Rare Earths and Materials (OTCMKTS:AREM) are both consumer discretionary companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, valuation, risk, institutional ownership, dividends, profitability and earnings. Insider & Institutional Ownership 94.2% of Callaway Golf shares are held by []

The golf company seems to think its shares are undervalued. That's a reassuring sign for investors.

Thrivent Financial for Lutherans cut its holdings in Callaway Golf (NYSE:ELY) by 72.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,960 shares of the companys stock after selling 80,648 shares during the period. Thrivent Financial for Lutherans holdings in Callaway []

Callaway Golf Company (NYSE:ELY) recently announced a $50 million repurchase program. These are the details.

Callaway Golf Company found using ticker (ELY) have now 10 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 49 and 33 with the average target price sitting at 40. Given that the stocks previous close was at 28.08 this would indicate that there is a potential upside of 42.5%. The day 50 moving average is 28.03 and the 200 moving average now moves to 30.15. The market capitalisation for the company is $5,093m. Find out more information at: /> [stock_market_widget type="chart" symbol="ELY" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs and golf balls, apparel, gear, and other products. It operates through two segments, Golf Equipment; and Apparel, Gear and Other. 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 brand names.

Callaway Golf Co (NYSE: ELY) said its Board of Directors had authorized the repurchase of up to $50 million of its common stock in the open market or private transactions. The new approval replaces