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Callaway Golf Company (ELY) earnings: expect 25% revenue growth

11:45 am ET, 08 May 2019

Callaway Golf Company (ELY) is announcing earnings on May 09 after the market closes. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $505M, which implies a 25% growth rate year-over-year.

Earnings per share are expected to come in at $0.49. If this materializes, EPS will decline -25% year-over-year.

How did the stock do last month?

Over the last month, Callaway Golf Company (ELY) returned +10.22%.

How is the stock valued?

Callaway Golf Company (ELY) forward P/E ratio is 14.96, and it’s low compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

Callaway Golf Company (ELY) average analyst price target is 31.5% above its current price ($17.08).

For the latest price and information on Callaway Golf Company, please visit Finstead and ask for "ELY", "ELY analysis" or "ELY news".

Callaway Golf Company (ELY) Stock Guide

Updated at: 6:58 pm ET, 17 Sep 2020

Before we start: if you're looking for ELY stock price, you can quickly find it out by visiting Finny and typing "ELY quote". If you're looking for a quick scoop on ELY stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "ELY". You'll get all this info in one place. Or you can just type "ELY news" to get the latest stock news.

Looking to buy or sell Callaway Golf Company (ELY)? Interested in getting the full scoop on ELY, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this ELY stock guide, we'll address key questions about ELY, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are ELY earnings?
2. What is ELY stock forecast (i.e., prediction)?
3. ELY buy or sell? What is ELY Finny Score?
4. What are the reasons to buy ELY? Why should I buy ELY stock?
5. What are the reasons to sell ELY? Why should I sell ELY stock?
6. What are ELY key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are ELY earnings?

ELY trailing 12-month earnings per share (EPS) is -$1.46.

Analyst Predictions

2. What is ELY stock forecast (i.e., prediction)?

Based on ELY analyst price targets, ELY stock forecast is $23.20 (for a year from now). That means the average analyst price target for ELY stock is $23.20. The prediction is based on 12 analyst estimates.

The low price target for ELY is $20.00, while the high price target is $26.00.

ELY analyst rating is Buy.

Analysis

3. ELY buy or sell? What is ELY Finny Score?

#{finnyScore:64}Our quantitative analysis shows 7 reasons to buy and 4 reasons to sell ELY, resulting in Finny Score of 64.

4. What are the reasons to buy ELY? Why should I buy ELY stock?

Here are the reasons to buy ELY stock:

5. What are the reasons to sell ELY? Why should I sell ELY stock?

Let's look at the reasons to sell ELY stock (i.e., the bear case):

  • ELY quarterly revenue growth was -33.50%, lower than the industry and sector average revenue growth (1.08% and 0.78%, respectively). See ELY revenue growth chart.
  • ELY profitability is declining. The YoY profit margin change was -17.91 percentage points. See ELY profitability chart.
  • ELY short share of float is 21.18%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See ELY short share of float chart.
  • ELY short interest (days to cover the shorts) ratio is 8.6. The stock garners more short interest than the average industry, sector or S&P 500 stock. See ELY short interest ratio chart.

Key Stats

6. What are ELY key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for ELY:

Metrics ELY
Price $19.26
Average Price Target / Upside $23.30 / 20.98%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Leisure
Sector Consumer Cyclical
Number of Employees 2,400
Market Cap $1.95B
Forward P/E Ratio 21.61
Price/Book Ratio 1.32
Revenue (TTM) $1.48B
YoY Quarterly Revenue Growth -33.50%
Profit Margin -9.27%

If you liked this analysis, check out Stock Guides for other stocks.

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