Callaway Golf

ELY-N

NYSE:ELY

15.49
0.29 (1.91%)
Callaway Golf Company is an American global sporting goods company that designs, manufactures, markets and sells golf equipment, golf accessories and golf lifestyle-related products in more than 70 countries worldwide.
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Analysis and Opinions about ELY-N

Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
April 19, 2018

Everyone back then was saying golf was dead and dying. They brought in a new CEO that had turned the acquisition around. It has been built up so you are buying golf balls all the time. It has recently come off because of the snow outside. It will hurt their sales short term. It might be something worth buying because it will come off because of the summer.

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Callaway Golf (ELY-N)
April 19, 2018

Everyone back then was saying golf was dead and dying. They brought in a new CEO that had turned the acquisition around. It has been built up so you are buying golf balls all the time. It has recently come off because of the snow outside. It will hurt their sales short term. It might be something worth buying because it will come off because of the summer.

HOLD
HOLD
November 22, 2017

Sold his holdings about a year ago, because it had gone from “turnaround” to “good profits”, and had thought that in the near term its profitability had probably gotten ahead of itself. However, the CEO has continued to deliver great results. They are the leading company in the industry.

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Callaway Golf (ELY-N)
November 22, 2017

Sold his holdings about a year ago, because it had gone from “turnaround” to “good profits”, and had thought that in the near term its profitability had probably gotten ahead of itself. However, the CEO has continued to deliver great results. They are the leading company in the industry.

COMMENT
COMMENT
September 9, 2016

He bought this as a turnaround and it has worked out well for him. It is now into a growth phase. One of the few companies on the NYSE that actually has earnings growing, one of the reasons the stock is doing well. Nike (NKE-N) getting out of the business gave the stock a nice pop, and he took advantage of that. He would still buy the stock for new clients.

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Callaway Golf (ELY-N)
September 9, 2016

He bought this as a turnaround and it has worked out well for him. It is now into a growth phase. One of the few companies on the NYSE that actually has earnings growing, one of the reasons the stock is doing well. Nike (NKE-N) getting out of the business gave the stock a nice pop, and he took advantage of that. He would still buy the stock for new clients.

PAST TOP PICK
PAST TOP PICK
March 22, 2016

(Top Pick Mar 20/15, Up 5.58%) It was a turnaround story with a new CEO, nothing to do with golf. So far he has taken the balance sheet and fixed it, and fixed the products that were losing market share. He is working on golf balls now. He has greatly improved profitability. He continues to like what they are doing. Ultimately they could get taken out, but he is staying with it regardless.

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Callaway Golf (ELY-N)
March 22, 2016

(Top Pick Mar 20/15, Up 5.58%) It was a turnaround story with a new CEO, nothing to do with golf. So far he has taken the balance sheet and fixed it, and fixed the products that were losing market share. He is working on golf balls now. He has greatly improved profitability. He continues to like what they are doing. Ultimately they could get taken out, but he is staying with it regardless.

TOP PICK
TOP PICK
December 30, 2015

A turnaround stock and management has been doing an amazing job in a difficult environment. They cleaned up the balance sheet, brought out new products and gained market share. The headwind on this has been the weather. The US$ has also been a big negative for them as they have about 50% of revenues from outside the US. He sees margins continuing to improve. Dividend yield of 0.42%.

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Callaway Golf (ELY-N)
December 30, 2015

A turnaround stock and management has been doing an amazing job in a difficult environment. They cleaned up the balance sheet, brought out new products and gained market share. The headwind on this has been the weather. The US$ has also been a big negative for them as they have about 50% of revenues from outside the US. He sees margins continuing to improve. Dividend yield of 0.42%.

TOP PICK
TOP PICK
March 20, 2015

It is a turnaround story. The ones that do work usually take longer than people expect it to but the benefits are then usually bigger than people expect them to be. Improved balance sheet, distribution, manufacturing, and product line and the company is gaining market share against the compeition. Last year they were hurt by a bad winter and spring and half their revenue is outside the US so the strong US dollar has hurt them.

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Callaway Golf (ELY-N)
March 20, 2015

It is a turnaround story. The ones that do work usually take longer than people expect it to but the benefits are then usually bigger than people expect them to be. Improved balance sheet, distribution, manufacturing, and product line and the company is gaining market share against the compeition. Last year they were hurt by a bad winter and spring and half their revenue is outside the US so the strong US dollar has hurt them.

PAST TOP PICK
PAST TOP PICK
January 12, 2015

(Top Pick Feb 5/14, Down 0.22%) The turnaround is working amazingly well. It is not reflected in the stock price. They are gaining market share. Last winter was severe and the spring was awful so lots of courses were not operating at first. They have a big overseas market and the fall of the Yen is starting to be reflected there. The company is doing all the right things, however.

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Callaway Golf (ELY-N)
January 12, 2015

(Top Pick Feb 5/14, Down 0.22%) The turnaround is working amazingly well. It is not reflected in the stock price. They are gaining market share. Last winter was severe and the spring was awful so lots of courses were not operating at first. They have a big overseas market and the fall of the Yen is starting to be reflected there. The company is doing all the right things, however.

PAST TOP PICK
PAST TOP PICK
December 22, 2014

(A Top Pick Dec 5/13. Down 7.33%.) Basically a story on the recovery of the middle class. US is starting to get its mojo back. When that starts to occur, you start to see more spending occurring. Consumers are still looking for something to be on sale. What is plaguing the business at the moment is that they are trying to do a lot of business in Japan, but the currency trade has caused a lot of issues. Likes the story longer-term. 0.5% dividend yield.

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Callaway Golf (ELY-N)
December 22, 2014

(A Top Pick Dec 5/13. Down 7.33%.) Basically a story on the recovery of the middle class. US is starting to get its mojo back. When that starts to occur, you start to see more spending occurring. Consumers are still looking for something to be on sale. What is plaguing the business at the moment is that they are trying to do a lot of business in Japan, but the currency trade has caused a lot of issues. Likes the story longer-term. 0.5% dividend yield.

TOP PICK
TOP PICK
November 20, 2014

(Top Pick Dec 05/13, Down 2.82%) The turnaround is about half way through. We had a dismal summer last year and then a poor winter. Longer term restructuring stories are the kind of animal that are lumpy, but when they work they work well so he is happy to hold this. The US middle class tend to be golfers. New product introduction benefits them as does the new CEO’s turning the company around. There should be more upside. You see a lot of young guys on courses in Florida.

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Callaway Golf (ELY-N)
November 20, 2014

(Top Pick Dec 05/13, Down 2.82%) The turnaround is about half way through. We had a dismal summer last year and then a poor winter. Longer term restructuring stories are the kind of animal that are lumpy, but when they work they work well so he is happy to hold this. The US middle class tend to be golfers. New product introduction benefits them as does the new CEO’s turning the company around. There should be more upside. You see a lot of young guys on courses in Florida.

DON'T BUY
DON'T BUY
August 29, 2014

The stats on rounds of golf played in the US have really gone down. This company has new technology and people aren’t adopting it. They have really struggled and there is quite a bit of inventory. Not a very cheap stock. PE of 48X.

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Callaway Golf (ELY-N)
August 29, 2014

The stats on rounds of golf played in the US have really gone down. This company has new technology and people aren’t adopting it. They have really struggled and there is quite a bit of inventory. Not a very cheap stock. PE of 48X.

PAST TOP PICK
PAST TOP PICK
August 1, 2014

(A Top Pick July 31/13. Up 6.05%.) Really bad weather this winter and spring hurt the golf industry very much. Even though the industry is down in North America, this company is gaining market share big time. Hopes that in a year the weather will be better and they will come through with better numbers. A turnaround story. Half of their sales are outside of North America. In Asia, golf is booming.

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Callaway Golf (ELY-N)
August 1, 2014

(A Top Pick July 31/13. Up 6.05%.) Really bad weather this winter and spring hurt the golf industry very much. Even though the industry is down in North America, this company is gaining market share big time. Hopes that in a year the weather will be better and they will come through with better numbers. A turnaround story. Half of their sales are outside of North America. In Asia, golf is booming.

DON'T BUY
DON'T BUY
July 10, 2014

Has avoided this. Prefers Adidas (ADS-GR), which owns TailorMade. Adidas has done very poorly because of TailorMade. Golf demand has waned. The number of rounds played in North America is going down. If this happens, then the demand for equipment is going down. It is much easier to do a turnaround in an industry with the headwind then one with a tailwind. (See Top Picks.)

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Callaway Golf (ELY-N)
July 10, 2014

Has avoided this. Prefers Adidas (ADS-GR), which owns TailorMade. Adidas has done very poorly because of TailorMade. Golf demand has waned. The number of rounds played in North America is going down. If this happens, then the demand for equipment is going down. It is much easier to do a turnaround in an industry with the headwind then one with a tailwind. (See Top Picks.)

TOP PICK
TOP PICK
May 15, 2014

(A Top Pick May 24/13. Up 21.8%.) We are seeing the signs that this is truly turning around. The CEO has fixed the balance sheet and has turned around a product suite and reintroduced the Big Bertha. Sold off product lines that didn’t work. Ultimately you will get a company that will be highly levered to recovery in the US middle class area.

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(A Top Pick May 24/13. Up 21.8%.) We are seeing the signs that this is truly turning around. The CEO has fixed the balance sheet and has turned around a product suite and reintroduced the Big Bertha. Sold off product lines that didn’t work. Ultimately you will get a company that will be highly levered to recovery in the US middle class area.

WATCH
WATCH
May 14, 2014

Golf industry is hurting because of the cold winter and late starts for courses. You want to buy before everyone else gets in. Spring you go in and summer you get out. It is currently at the base of the trend line. If it breaks below you might even want to exit.

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Golf industry is hurting because of the cold winter and late starts for courses. You want to buy before everyone else gets in. Spring you go in and summer you get out. It is currently at the base of the trend line. If it breaks below you might even want to exit.

PAST TOP PICK
PAST TOP PICK
May 2, 2014

(Top Pick Apr 10/13, Up 27.58%) It is a turnaround situation and sales, earnings and market share are up substantially in the first quarter. But the first quarter is not normally very good due to weather. Golf is delayed because of weather this year. This is an opportunity to get into this one. Fundamentals long term in the company are continuing to improve.

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(Top Pick Apr 10/13, Up 27.58%) It is a turnaround situation and sales, earnings and market share are up substantially in the first quarter. But the first quarter is not normally very good due to weather. Golf is delayed because of weather this year. This is an opportunity to get into this one. Fundamentals long term in the company are continuing to improve.

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Callaway Golf(ELY-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Callaway Golf is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Callaway Golf(ELY-N) Frequently Asked Questions

What is Callaway Golf stock symbol?

Callaway Golf is a American stock, trading under the symbol ELY-N on the New York Stock Exchange (ELY). It is usually referred to as NYSE:ELY or ELY-N

Is Callaway Golf a buy or a sell?

In the last year, there was no coverage of Callaway Golf published on Stockchase.

Is Callaway Golf a good investment or a top pick?

Callaway Golf was recommended as a Top Pick by Norman Levine on 2018-04-19. Read the latest stock experts ratings for Callaway Golf.

Why is Callaway Golf stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Callaway Golf worth watching?

In the last year, there was no coverage of Callaway Golf published on Stockchase.

What is Callaway Golf stock price?

On 2020-10-30, Callaway Golf (ELY-N) stock closed at a price of $15.49.