What Can Callaway Golf Company (ELY) Tell Us About Its Growth?

FLEISCHER RUSSELL L, Director, added 5,000 shares of Callaway Golf Company (ELY) to its portfolio at the rate of $14.75 per share valuing $73,750 on May 23. The insider has now 15,859 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Callaway Golf Company (ELY) was $15.99. Currently, the 1st Resistance Point for this stock is $16.18, with a 2nd Resistance Point sitting at $16.38. Meanwhile, this company’s stock has a 1st Support Level at $15.80 and a 2nd Support Level at $15.62. Callaway Golf Company (ELY) stock has gained $1.13, or 7.60%, in the past five days. In the last full month, these shares have lost -$0.01, or -0.06%. In the past three months, this stock’s price has fallen by -$0.84, or -4.99%. This year-to-date, Callaway Golf Company (ELY) shares have gained $0.69, or 4.51%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Callaway Golf Company (ELY) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”

With 94,045 K shares outstanding, this company currently has a market capitalization of $1,477,447K. Callaway Golf Company (ELY) generates $1,243 M in annual sales, amounting to annual net income of $104,740 K. This stock has generated a 1-Year Total Return of -19.65%, a 3-Year Total Return of 58.00%, and a 5-year Total Return of 96.44%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.010 per share on 05/20/19. Its Annual Dividend Yield is 0.25%, and its Annual Dividend Rate is 0.04.

In the most recently-reported fiscal quarter, which ended in Mar-19, Callaway Golf Company (ELY) reported earnings of $0.50 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.48 per share, representing a 0.02 difference and 3.26% surprise. In the previous quarter ending in Dec-18, the reported earnings of -$0.32 represented a 0 difference from the consensus estimate calling for -$0.32 per share, which was a -1.07% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.27 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was $0.37 and the low estimate was $0.23. In the year-ago quarter, Callaway Golf Company (ELY) generated per-share earnings of $0.63. If the analysts are correct about the current quarter’s earnings, the growth will be -57.14% .

Turning our focus now to insider trading activity, there have been 11 purchases (68,431 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 37 insider buys amounting to 753,009 shares and 24 insider sales amounting to 304,667 shares. In the past full year, 38 insider purchases were made (involving 774,776 shares) and 25 insider sell-offs equivalent to 326,434 shares.

Moving onto liquidity, Callaway Golf Company (ELY) has a Current Ratio of 1.73, a Quick Ratio of 0.61 and a Cash Ratio of 0.21. Looking at this company’s capital structure, its Total Debt to Total Equity is 6.96, its Total Debt to Total Capital is 6.51, and its Total Debt to Total Assets is now 4.79. Looking even further ahead into the future, its Long-Term Debt to Equity is 1.04 and its Long-Term Debt to Total Capital is 0.98.