Callaway Golf Company (NYSE:ELY) went up by 10.87% from its latest closing price when compared to the 1-year high value of $22.33 and move down -121.09%, while ELY stocks collected +89.14% of gains with the last five trading sessions. Press Release reported on 03/02/20 that Callaway Golf Names Joe Flannery Executive Vice President, Apparel And Soft Goods
Callaway Golf Company (NYSE:ELY) Worth an Investment?
Callaway Golf Company (NYSE: ELY) scored price to earnings ratio above its average ratio, recording 12.35 times of increase in earnings at the present.
ELY Market Performance
ELY stocks went up by 89.14% for the week, with the monthly drop of -42.29% and a quarterly performance of -51.90%, while its annual performance rate touched -36.32%. The simple moving average for the period of the last 20 days is -16.93% for ELY stocks with the simple moving average of -46.14% for the last 200 days.
Analysts’ Opinion on Callaway Golf Company (NYSE:ELY)
Many brokerage firms have already submitted their reports for ELY stocks, with Cowen repeating the rating for ELY shares by setting it to “Outperform”. The predicted price for ELY socks in the upcoming period according to Cowen is $10 based on the research report published on March 24, 2020.
ROTH Capital, on the other hand, stated in their research note that they expect to see ELY stock at the price of $21. The rating they have provided for ELY stocks is “Buy” according to the report published on March 5, 2020.
Imperial Capital gave “Outperform” rating to ELY stocks, setting the target price at $26 in the report published on January 29, 2020.
ELY Stocks -41.54% Far from 50 Day Moving Average
After a stumble in the market that brought ELY to its low price for the period of the last 52 weeks, Callaway Golf Company was unable to take a rebound, for now settling with -54.77% of loss for the given period.
The stock volatility was left at 14.03%, however, within the period of a single month, the volatility rate increased by 22.16%, while the shares sank at the distance of -40.27% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -53.63% lower at the present time.
In the course of the last 5 trading sessions, ELY went up by +89.14%, which changed the moving average for the period of 200 days to the total of -36.84% of losses for the stock in comparison to the 20-day moving average settled at $11.82. In addition, Callaway Golf Company saw -52.36% in overturn over the period of a single year with a tendency to cut further losses.
ELY Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Callaway Golf Company (ELY), starting from Hickey Glenn F., who sold 24,595 shares at the price of $21.81 back on Jan 06. After this action, Rushing now owns 8,552 shares of Callaway Golf Company, valued at $536,427 with the latest closing price.
Arnett Richard H., the EVP, Glb. Mktg. & CGC Brands of Callaway Golf Company, sold 13,137 shares at the value of $20.00 during a trade that took place back on Aug 09, which means that Arnett Richard H. is holding 31,276 shares at the value of $262,740 based on the most recent closing price.
ELY Stock Fundamentals
The current profitability levels are settled at +8.60 for the present operating margin and +45.05 for gross margin. The net margin for Callaway Golf Company stands at +4.67. Total capital return value is set at 12.65, while invested capital returns managed to touch 7.63. Equity return holds the value 10.40%, with 4.10% for asset returns.
Based on Callaway Golf Company (ELY), the company’s capital structure generated 98.95 points for debt to equity in total, while total debt to capital is set at the value of 49.74.
The value for Enterprise to Sales is 0.92 with debt to enterprise value settled at 0.28. The receivables turnover for Callaway Golf Company is 16.01 with the total asset turnover at the value of 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.