Callaway Golf Co (CALY) saw an uptrend of 5.38% in the recent trading with $15.48 being its most recent. The current price level 1.47% lower than the highest price of $15.26 marked by the stock while trading over the past 52-weeks, whereas it is 185.60% higher than the lowest price of $5.42 the company dropped to over past 52-weeks. The latest news story on CALY appeared in (PR Newswire) under the title “Callaway Golf Introduces Quantum Drivers, Fairway Woods, Irons, and Hybrids”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.23 for the stock.
Callaway Golf Co Earnings – What Happened With CALY
Coming around sales and income figures on CALY Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Callaway Golf Co (CALY) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 21.03% for net revenue.
CALY – Callaway Golf Co Stock Earnings Estimates
The perspective of Callaway Golf Co (NYSE:CALY)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.42 for stock’s EPS in the current quarter. Callaway Golf Co (CALY) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 21.03% for net revenue. Company’s EPS for the last quarter was -0.33.
Callaway Golf Co – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 183.90 million. CALY does have institutional investors; and they hold 67.91% of the stock.
As on 2024-06-30, ELMWOOD WEALTH MANAGEMENT, INC. was the top most holder in Callaway Golf Co (NYSE:CALY) with an ownership of 0.12 million shares of the company or 7.1745 of the stake worth $5.93 million. The filing also reveals CITIZENS FINANCIAL GROUP INC/RI as the second largest holder in the company with a control over 4.2604 of the outstanding shares. Its stake is worth $3.52 million for having 70163.0 shares in hand.
MANHATTAN WEST ASSET MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 2.4751 of the outstanding shares. With this there are now 387.0 institutions which have possession in CALY’s shares.
Key Metrics for CALY
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Callaway Golf Co has a debt to equity ratio of 1.80.
