Callaway Golf Company (NYSE:ELY) went up by 1.70% from its latest closing price compared to the recent 1-year high of $22.33. The company’s stock price has collected 5.28% of gains in the last five trading sessions. Press Release reported on 08/27/20 that Phil Mickelson Wins With Callaway Clubs And Golf Ball
Is It Worth Investing in Callaway Golf Company (NYSE :ELY) Right Now?
Plus, the 36-month beta value for ELY is at 1.98. Opinions of the stock are interesting as 8 analysts out of 10 who provided ratings for Callaway Golf Company declared the stock was a “buy,” while 1 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $23.30, which is $4.06 above the current price. ELY currently public float of 92.26M and currently shorts hold a 17.68% ratio of that float. Today, the average trading volume of ELY was 1.50M shares.
ELY’s Market Performance
ELY stocks went up by 5.28% for the week, with a monthly drop of -8.25% and a quarterly performance of 9.50%, while its annual performance rate touched 1.11%. The volatility ratio for the week stands at 3.65% while the volatility levels for the past 30 days are set at 3.85% for Callaway Golf Company. The simple moving average for the period of the last 20 days is -1.66% for ELY stocks with a simple moving average of 13.29% for the last 200 days.
Analysts’ Opinion of ELY
Many brokerage firms have already submitted their reports for ELY stocks, with Compass Point repeating the rating for ELY by listing it as a “Neutral.” The predicted price for ELY in the upcoming period, according to Compass Point is $20 based on the research report published on August 07th of the current year 2020.
Cowen, on the other hand, stated in their research note that they expect to see ELY reach a price target of $10. The rating they have provided for ELY stocks is “Outperform” according to the report published on March 24th, 2020.
ROTH Capital gave a rating of “Buy” to ELY, setting the target price at $21 in the report published on March 05th of the current year.
ELY Trading at -0.29% from the 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, the company was unable to rebound, for now settling with -14.29% of loss for the given period.
Volatility was left at 3.85%, however, over the last 30 days, the volatility rate increased by 3.65%, as shares sank -10.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.74% upper at present.
During the last 5 trading sessions, ELY rose by +5.28%, which changed the moving average for the period of 200-days by -8.68% in comparison to the 20-day moving average, which settled at $19.35. In addition, Callaway Golf Company saw -9.72% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ELY starting from Hickey Glenn F., who sale 24,595 shares at the price of $21.81 back on Jan 06. After this action, Hickey Glenn F. now owns 8,552 shares of Callaway Golf Company, valued at $536,427 using the latest closing price.
Stock Fundamentals for ELY
Current profitability levels for the company are sitting at:
- +8.60 for the present operating margin
- +45.05 for the gross margin
The net margin for Callaway Golf Company stands at +4.67. The total capital return value is set at 12.65, while invested capital returns managed to touch 7.63. Equity return is now at value -18.70, with -7.00 for asset returns.
Based on Callaway Golf Company (ELY), the company’s capital structure generated 99.10 points at debt to equity in total, while total debt to capital is 49.77. Total debt to assets is 38.79, with long-term debt to equity ratio resting at 75.78. Finally, the long-term debt to capital ratio is 38.06.
Currently, EBITDA for the company is 13.34M with total debt to EBITDA at 2.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.58, with the company’s debt to enterprise value settled at 0.28. The receivables turnover for the company is 15.29 and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.