A statement released earlier today by Zacks Investment Research about Callaway Golf Co (NYSE:ELY) bumps the target price to $13.00
- Updated: October 3, 2016
Zacks Investment Research bumped up the target of Callaway Golf Co (NYSE:ELY) to $13.00 stating a potential upside of 0.12%.
On Friday September 09, 2016, Compass Point released a statement for Callaway Golf Co (NYSE:ELY) bumped up the target price from $0.00 to $12.00 that suggested an upside of 0.02%.
Boasting a price of $11.58, Callaway Golf Co (NYSE:ELY) traded -0.26% lower on the day. With the last stock price close up 12.32% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Callaway Golf Co has recorded a 50-day average of $11.55 and a two hundred day average of $10.31. Volume of trade was down over the average, with 884,420 shares of ELY changing hands under the typical 1,008,090
Recent Performance Chart
Callaway Golf Co has PE ratio of 29.32 with a one year low of $8.00 and a one year high of $11.90 and has a market capitalization of $0.
A total of 7 analysts have released a research note on Callaway Golf Co. Two analysts rating the company a strong buy, five analysts rating the company a buy, one broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $13.29.
Brief Synopsis On Callaway Golf Co (NYSE:ELY)
Callaway Golf Company designs, manufactures and sells golf clubs, golf balls, golf bags and other golf-related accessories. The Company has two segments: the golf clubs segment and golf balls segment. The golf clubs segment consists of its woods, hybrids, irons and wedges and Odyssey putters. This segment also includes other golf-related accessories, royalties from licensing of the Company's trademarks and service marks and sales of pre-owned golf clubs. The golf balls segment consists of the Company's balls that are designed, manufactured and sold by the Company. The Company sells its products to retailers, directly and through its wholly owned subsidiaries, and to third-party distributors. The Company sells pre-owned golf products through its Website, www.callawaygolfpreowned.com. In addition, the Company sells Odyssey and its products direct to consumers through its Websites www.callawaygolf.com and www.odysseygolf.com.
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