Callaway Golf Co

Callaway Golf Co Stock Forecast & Price Prediction

Live Callaway Golf Co Stock (ELY) Price
$10.06

12

Ratings

  • Buy 8
  • Hold 4
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$10.06

P/E Ratio

41.82

Volume Traded Today

$1.6M

Dividend

$0.01

52 Week High/low

16.89/9.05

Callaway Golf Co Market Cap

$1.70B

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ELY Summary

The Callaway Golf Co (ELY) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 stock analysts who have covered ELY. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for ELY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ELY Analyst Ratings

ELY is a stock in which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from Raymond James and on the lower end ELY is forecasted to be $ by from Raymond James.

ELY stock forecast by analyst

These are the latest 20 analyst ratings of ELY.

Analyst/Firm

Rating

Price Target

Change

Date

Brett Andress
Keybanc

Overweight

$30

Maintains

May 12, 2022
Joseph Altobello
Raymond James

Outperform

$36

Maintains

May 11, 2022
Michael Swartz
Truist Securities

Buy

$36

Maintains

Apr 11, 2022

Goldman Sachs

Neutral

$31

Maintains

Mar 7, 2022
Joseph Altobello
Raymond James

Outperform

$35

Maintains

Feb 11, 2022

Goldman Sachs

Neutral


Initiates

Dec 14, 2021

B of A Securities

Buy


Initiates

Nov 16, 2021
Brett Andress
Keybanc

Overweight

$40

Maintains

Nov 11, 2021
Joseph Altobello
Raymond James

Outperform

$40

Maintains

Nov 10, 2021

Compass Point

Buy


Upgrade

Oct 12, 2021
George Kelly
Roth Capital

Buy

$44

Maintains

Aug 10, 2021
Joseph Altobello
Raymond James

Outperform

$38

Maintains

Aug 10, 2021
George Kelly
Roth Capital

Buy

$41

Maintains

May 20, 2021

Keybanc

Overweight

$36

Maintains

May 11, 2021
Joseph Altobello
Raymond James

Outperform

$37

Maintains

May 11, 2021
George Kelly
Roth Capital

Buy

$34

Maintains

Apr 7, 2021
Brett Andress
Keybanc

Overweight

$34

Maintains

Feb 12, 2021

KeyBanc

Overweight


Maintains

Feb 12, 2021
Joseph Altobello
Raymond James

Outperform

$32

Maintains

Feb 11, 2021

Raymond James

Outperform

$30

Maintains

Jan 8, 2021

ELY Company Information

ELY
Callaway Golf Co (ELY)

When did it IPO

1992

Staff Count

0

Country

United States

Sector/Industry

/

CEO

Market Cap

$1.70B

Callaway Golf Co (ELY) Financial Data

In 2023, ELY generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ELY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.59B

Revenue From 2021

$3.13B

97.14 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $3.13B
  • Operating Margin TTM 0.0%
  • Gross profit TTM $1.86B
  • Return on assets TTM 4.2%
  • Return on equity TTM 49.0%
  • Profit Margin 59.5%
  • Book Value Per Share 4.52%
  • Market capitalisation $1.70B
  • Revenue for 2021 $3.13B
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $1.82

Callaway Golf Co (ELY) Latest News

News Image

Tue, 13 Sep 2022

Sentiment - NEUTRAL

Source - The Motley Fool

Summary - Callaway Golf has rebranded to Topgolf Callaway Brands and introduced a new ticker symbol.

Why It Matters - The rebranding to Topgolf Callaway Brands and a new ticker signify a strategic shift, potentially impacting market perception, investor sentiment, and stock performance.

News Image

Thu, 25 Aug 2022

Sentiment - NEUTRAL

Source - Schaeffers Research

Summary - Callaway Golf Co (NYSE: ELY) will rebrand itself as TopGolf Callaway Brands, reflecting its strategic focus on the TopGolf entertainment experience.

Why It Matters - The rebranding to TopGolf Callaway Brands signals a strategic focus on the growing entertainment segment, potentially enhancing revenue streams and market positioning.

News Image

Wed, 24 Aug 2022

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Callaway Golf Company will change its name to Topgolf Callaway Brands Corp. and its ticker to MODG, highlighting its role in the Modern Golf ecosystem.

Why It Matters - The ticker change to MODG and rebranding to Topgolf Callaway Brands signals a strategic shift to capitalize on the growing modern golf market, potentially enhancing market position and investor interest.

News Image

Sun, 21 Aug 2022

Sentiment - POSITIVE

Source - The Motley Fool

Summary - A popular golf equipment brand is experiencing growth, indicating potential investment opportunities in the sector.

Why It Matters - A rising golf equipment brand indicates potential growth in sales and market share, suggesting strong investment opportunities and possible stock appreciation.

News Image

Sun, 14 Aug 2022

Sentiment - POSITIVE

Source - InvestorPlace

Summary - Investors often seek undervalued sectors and stocks. A common strategy is to focus on stocks that analysts favor, indicating potential for growth.

Why It Matters - Identifying undervalued stocks favored by analysts can lead to potential gains, as these investments may outperform the market when their true value is recognized.

News Image

Thu, 04 Aug 2022

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Callaway Golf Company (NYSE: ELY) hosted its Q2 2022 earnings conference call on August 4, 2022, with executives including CEO Chip Brewer and CFO Brian Lynch participating.

Why It Matters - The earnings call provides insights into Callaway's financial performance, strategic direction, and market trends, influencing investor sentiment and stock valuation.

...

ELY Frequently asked questions

The highest forecasted price for ELY is $ from at Raymond James.

The lowest forecasted price for ELY is $ from from Raymond James

The ELY analyst ratings consensus are 8 buy ratings, 4 hold ratings, and 0 sell ratings.