$-0.05 EPS Expected for Callaway Golf Co (ELY)

October 27, 2017 – By Marie Mckinney

Investors sentiment increased to 1.44 in Q2 2017. Its up 0.42, from 1.02 in 2017Q1. It is positive, as 25 investors sold Callaway Golf Co shares while 52 reduced holdings. 47 funds opened positions while 64 raised stakes. 78.32 million shares or 1.32% more from 77.30 million shares in 2017Q1 were reported.
Verition Fund Limited Liability invested in 0.02% or 15,961 shares. Strs Ohio holds 0% or 72,900 shares. Renaissance Lc holds 0.01% or 464,600 shares in its portfolio. Riverhead Management Limited Com reported 0.01% of its portfolio in Callaway Golf Co (NYSE:ELY). Systematic Management Lp holds 0.06% or 238,580 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Callaway Golf Co (NYSE:ELY). Dc has 650,000 shares for 5.75% of their portfolio. Carroll Fin Associate has 195 shares. Pinebridge Lp owns 12,366 shares or 0% of their US portfolio. Acadian Asset Management Limited Liability stated it has 21,391 shares or 0% of all its holdings. Canada Pension Plan Board owns 105,000 shares or 0% of their US portfolio. State Teachers Retirement System holds 0.01% or 320,194 shares. Point72 Asia (Hong Kong) holds 0.01% or 488 shares in its portfolio. Ig Inv Management Limited, Manitoba – Canada-based fund reported 181,439 shares. Fortaleza Asset Management holds 8,705 shares.

Since May 5, 2017, it had 0 insider buys, and 4 selling transactions for $1.40 million activity. Hocknell Alan sold $398,082 worth of stock. Arnett Richard H. sold $382,941 worth of Callaway Golf Co (NYSE:ELY) on Monday, May 8. 10,698 Callaway Golf Co (NYSE:ELY) shares with value of $136,440 were sold by THORNLEY ANTHONY S.

Analysts expect Callaway Golf Co (NYSE:ELY) to report $-0.05 EPS on November, 2.They anticipate $0.01 EPS change or 16.67 % from last quarter’s $-0.06 EPS. After having $0.34 EPS previously, Callaway Golf Co’s analysts see -114.71 % EPS growth. About 1.16 million shares traded or 16.00% up from the average. Callaway Golf Co (NYSE:ELY) has risen 39.56% since October 28, 2016 and is uptrending. It has outperformed by 22.86% the S&P500.

Callaway Golf Co (NYSE:ELY) Ratings Coverage

Among 13 analysts covering Callaway Golf (NYSE:ELY), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Callaway Golf had 29 analyst reports since August 23, 2015 according to SRatingsIntel. The stock of Callaway Golf Co (NYSE:ELY) has “Hold” rating given on Saturday, August 5 by Forward View Consulting. The stock of Callaway Golf Co (NYSE:ELY) earned “Buy” rating by KeyBanc Capital Markets on Friday, October 20. The firm has “Outperform” rating by FBR Capital given on Thursday, June 30. The stock of Callaway Golf Co (NYSE:ELY) earned “Hold” rating by Cowen & Co on Thursday, August 3. KeyBanc Capital Markets maintained Callaway Golf Co (NYSE:ELY) rating on Thursday, August 31. KeyBanc Capital Markets has “Overweight” rating and $16 target. The company was downgraded on Monday, August 7 by Compass Point. The firm has “Buy” rating by Jefferies given on Thursday, October 26. FBR Capital maintained it with “Outperform” rating and $16 target in Wednesday, June 21 report. The rating was maintained by SunTrust on Thursday, October 26 with “Buy”. The stock has “Buy” rating by Suntrust Robinson on Friday, May 13.

Callaway Golf Company designs, manufactures and sells golf clubs, golf balls, golf bags and other golf-related accessories. The company has market cap of $1.36 billion. The Firm has two divisions: the golf clubs segment and golf balls segment. It has a 7.57 P/E ratio. The golf clubs segment consists of its woods, hybrids, irons and wedges, and Odyssey putters.

More important recent Callaway Golf Co (NYSE:ELY) news were published by: Prnewswire.com which released: “Callaway Golf Company to Broadcast Third Quarter 2017 Financial Results” on October 19, 2017, also Benzinga.com published article titled: “Cramer Talks Golf Stocks, Thinks Dick’s Is A ‘Hideous Loser’ But Likes …”, Prnewswire.com published: “Callaway Signs Former World #1 Amateur Maverick McNealy” on October 03, 2017. More interesting news about Callaway Golf Co (NYSE:ELY) was released by: Prnewswire.com and their article: “Callaway Golf Company Announces Third Quarter 2017 Financial Results Including …” with publication date: October 25, 2017.