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How to buy Callaway Golf Company stock | $23.09

Own Callaway Golf Company stock in just a few minutes.

Fact checked

Callaway Golf Company is a leisure business based in the US. Callaway Golf Company shares (ELY) are listed on the NYSE and all prices are listed in US Dollars. Callaway Golf Company employs 4,200 staff and has a trailing 12-month revenue of around USD$1.5 billion.

How to buy shares in Callaway Golf Company

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Callaway Golf Company. Find the stock by name or ticker symbol: ELY. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Callaway Golf Company reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$23.09, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Callaway Golf Company, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Callaway Golf Company. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Callaway Golf Company share price

Use our graph to track the performance of ELY stocks over time.

Callaway Golf Company shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$23.09
52-week rangeUSD$4.7469 - USD$24.84
50-day moving average USD$21.1479
200-day moving average USD$19.1256
Wall St. target priceUSD$24.7
PE ratio 29.8226
Dividend yield USD$0.04 (0.2%)
Earnings per share (TTM) USD$0.619

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Callaway Golf Company stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Callaway Golf Company price performance over time

Historical closes compared with the close of $23.09 from 2020-12-09

1 week (2021-01-11) -13.10%
1 month (2020-12-18) -6.67%
3 months (2020-10-16) 14.25%
6 months (2020-07-17) 30.82%
1 year (2020-01-17) 4.86%
2 years (2019-01-18) 35.98%
3 years (2018-01-18) 65.28%
5 years (2016-01-15) 174.23%

Is Callaway Golf Company under- or over-valued?

Valuing Callaway Golf Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Callaway Golf Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Callaway Golf Company's P/E ratio

Callaway Golf Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, Callaway Golf Company shares trade at around 30x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Callaway Golf Company's PEG ratio

Callaway Golf Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.6657. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Callaway Golf Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Callaway Golf Company's EBITDA

Callaway Golf Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$105.1 million.

The EBITDA is a measure of a Callaway Golf Company's overall financial performance and is widely used to measure a its profitability.

Callaway Golf Company financials

Revenue TTM USD$1.5 billion
Operating margin TTM 4.34%
Gross profit TTM USD$766.8 million
Return on assets TTM 2.16%
Return on equity TTM -15.77%
Profit margin -7.57%
Book value $7.311
Market capitalisation USD$2.3 billion

TTM: trailing 12 months

Shorting Callaway Golf Company shares

There are currently 18.0 million Callaway Golf Company shares held short by investors – that's known as Callaway Golf Company's "short interest". This figure is 13.1% up from 15.9 million last month.

There are a few different ways that this level of interest in shorting Callaway Golf Company shares can be evaluated.

Callaway Golf Company's "short interest ratio" (SIR)

Callaway Golf Company's "short interest ratio" (SIR) is the quantity of Callaway Golf Company shares currently shorted divided by the average quantity of Callaway Golf Company shares traded daily (recently around 2.1 million). Callaway Golf Company's SIR currently stands at 8.77. In other words for every 100,000 Callaway Golf Company shares traded daily on the market, roughly 8770 shares are currently held short.

However Callaway Golf Company's short interest can also be evaluated against the total number of Callaway Golf Company shares, or, against the total number of tradable Callaway Golf Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Callaway Golf Company's short interest could be expressed as 0.19% of the outstanding shares (for every 100,000 Callaway Golf Company shares in existence, roughly 190 shares are currently held short) or 0.2297% of the tradable shares (for every 100,000 tradable Callaway Golf Company shares, roughly 230 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Callaway Golf Company.

Find out more about how you can short Callaway Golf Company stock.

Callaway Golf Company share dividends

3%

Dividend payout ratio: 2.78% of net profits

Recently Callaway Golf Company has paid out, on average, around 2.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Callaway Golf Company shareholders could enjoy a 0.2% return on their shares, in the form of dividend payments. In Callaway Golf Company's case, that would currently equate to about $0.04 per share.

While Callaway Golf Company's payout ratio might seem low, this can signify that Callaway Golf Company is investing more in its future growth.

Callaway Golf Company's most recent dividend payout was on 17 June 2020. The latest dividend was paid out to all shareholders who bought their shares by 26 May 2020 (the "ex-dividend date").

Have Callaway Golf Company's shares ever split?

Callaway Golf Company's shares were split on a 2:1 basis on 13 March 1995. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Callaway Golf Company shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Callaway Golf Company shares which in turn could have impacted Callaway Golf Company's share price.

Callaway Golf Company share price volatility

Over the last 12 months, Callaway Golf Company's shares have ranged in value from as little as $4.7469 up to $24.84. A popular way to gauge a stock's volatility is its "beta".

ELY.US volatility(beta: 2.16)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Callaway Golf Company's is 2.1585. This would suggest that Callaway Golf Company's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Callaway Golf Company overview

Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs and golf balls, apparel, gear, and other products. It operates through two segments, Golf Equipment; and Apparel, Gear and Other. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brand names. The Apparel, Gear and Other segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; and golf and lifestyle apparel, hats, luggage and accessories, footwear, belts, hats, socks, and underwear under the TravisMathew brand name. This segment also provides storage gear for sport and personal use, including backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel, such as jackets, and trousers and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories. The company sells its products through golf retailers, sporting goods retailers, mass merchants, Internet retailers, department stores, field representatives, on-line retailers, mail order stores, and in-house sales representatives, as well as to third-party distributors in the United States and approximately 100 countries. It also offers pre-owned golf products through its Website callawaygolfpreowned.com; and OGIO and TravisMathew products through its Websites callawaygolf.com, odysseygolf.com, ogio.com, and travismathew.com. The company was incorporated in 1982 and is headquartered in Carlsbad, California.

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