Callaway Golf Company stock performance trend indicates that the stock price has rallied 1.63% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -3.19% . Looking at the past 52 week period, the stock price is up at 22.57% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Callaway Golf Company has a positive value of 21.31 compared to overall market.Callaway Golf Company is having a Relative Strength Index of 63.59 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Callaway Golf Company (NYSE:ELY) has climbed 2.84% in the past week and advanced 8.6% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.59% and the outperformance has advanced to 7.36% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Callaway Golf Company (NYSE:ELY) : On Friday heightened volatility was witnessed in Callaway Golf Company (NYSE:ELY) which led to swings in the share price. The stock opened for trading at $11.15 and hit $11.26 on the upside , eventually ending the session at $11.24, with a gain of 0.63% or 0.07 points. The heightened volatility saw the trading volume jump to 1,576,705 shares. The 52-week high of the share price is $12.56 and the company has a market cap of $1,063 million. The 52-week low of the share price is at $8.75 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Callaway Golf Co was Reiterated by Imperial Capital on Feb 7, 2017 to Outperform, Lowers Price Target to $ 13 from a previous price target of $14 .
Company has reported several Insider transactions to the SEC, on Feb 5, 2016, Brian P. Lynch (SVP, G.C. & Corp Secretary) sold 16,584 shares at 9.52 per share price.On Apr 28, 2015, Bradley J Holiday (SEVP, CFO) sold 59,518 shares at 10.05 per share price.On Apr 21, 2015, Alan Hocknell (SVP, Research & Development) sold 70,950 shares at 9.95 per share price.
Callaway Golf Co Last issued its quarterly earnings results on Feb 2, 2017. The company reported $-0.18 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $-0.17. The company had revenue of $164.00 million for the quarter, compared to analysts expectations of $170.74 million. The companys revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.29 EPS.
Callaway Golf Company is designs, develops, manufactures and markets high quality, innovative golf clubs. The Companys golf clubs are sold at premium prices to both average and skilled golfers on the basis of performance, ease of use and appearance.