Callaway Golf Stock Buy Hold or Sell Recommendation
| MODG Stock | USD 8.60 0.45 5.52% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Callaway Golf is 'Strong Buy'. Macroaxis provides Callaway Golf buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MODG positions.
Check out Callaway Golf Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide. Note, we conduct extensive research on individual companies such as Callaway and provide practical buy, sell, or hold advice based on investors' constraints. Callaway Golf. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Callaway |
Execute Callaway Golf Buy or Sell Advice
The Callaway recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Callaway Golf. Macroaxis does not own or have any residual interests in Callaway Golf or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Callaway Golf's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Callaway Golf Trading Alerts and Improvement Suggestions
| Callaway Golf generated a negative expected return over the last 90 days | |
| Callaway Golf has high historical volatility and very poor performance | |
| Callaway Golf has high likelihood to experience some financial distress in the next 2 years | |
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Topgolf Breaks Ground on Second Venue in Minnesota |
Callaway Golf Returns Distribution Density
The distribution of Callaway Golf's historical returns is an attempt to chart the uncertainty of Callaway Golf's future price movements. The chart of the probability distribution of Callaway Golf daily returns describes the distribution of returns around its average expected value. We use Callaway Golf price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Callaway Golf returns is essential to provide solid investment advice for Callaway Golf.
| Mean Return | -0.41 | Value At Risk | -4.45 | Potential Upside | 4.26 | Standard Deviation | 3.09 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Callaway Golf historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Callaway Stock Institutional Investors
| Shares | American Century Companies Inc | 2024-09-30 | 3.2 M | Bank Of America Corp | 2024-06-30 | 2.6 M | Nuveen Asset Management, Llc | 2024-06-30 | 2.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 2 M | Bwcp, Lp | 2024-09-30 | 1.9 M | Northern Trust Corp | 2024-09-30 | 1.9 M | Long Focus Capital Management, Llc | 2024-09-30 | 1.8 M | Hodges Capital Management Inc | 2024-06-30 | 1.6 M | Man Group Plc | 2024-06-30 | 1.5 M | Blackrock Inc | 2024-06-30 | 22.1 M | Providence Equity Partners L.l.c. | 2024-09-30 | 21.2 M |
Callaway Golf Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (34.0M) | 117.0M | (177.5M) | (442.4M) | 163.2M | 171.4M | |
| Change In Cash | 42.7M | 259.5M | (8.4M) | (177.5M) | 195M | 204.8M | |
| Free Cash Flow | 31.8M | 189.0M | (44.0M) | (570.6M) | (118.1M) | (112.2M) | |
| Depreciation | 35.0M | 39.5M | 155.8M | 192.8M | 239.7M | 251.7M | |
| Other Non Cash Items | 48.9M | 219.4M | (157.2M) | 137.9M | 61.6M | 64.7M | |
| Capital Expenditures | 54.7M | 39.3M | 322.3M | 535.5M | 482.8M | 506.9M | |
| Net Income | 79.2M | (126.9M) | 322.0M | 157.9M | 95M | 49.1M | |
| End Period Cash Flow | 106.7M | 366.1M | 357.7M | 180.2M | 393.5M | 413.2M | |
| Dividends Paid | 3.8M | 1.9M | 3K | 0.0 | 651M | 683.6M | |
| Change To Netincome | 15.4M | 175.8M | (209.4M) | 49.9M | 44.9M | 47.2M | |
| Change Receivables | (44.5M) | 10.0M | 15.3M | (97.8M) | (88.0M) | (83.6M) | |
| Net Borrowings | 543.2M | 152.5M | (99.2M) | 293M | 337.0M | 353.8M | |
| Investments | (17.9M) | (59.2M) | (10.9M) | (535.1M) | (601.4M) | (571.3M) |
Callaway Golf Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Callaway Golf or Leisure Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Callaway Golf's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Callaway stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.52 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 3.13 | |
Ir | Information ratio | -0.17 |
Callaway Golf Volatility Alert
Callaway Golf exhibits very low volatility with skewness of -0.2 and kurtosis of 0.83. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Callaway Golf's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Callaway Golf's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Callaway Golf Fundamentals Vs Peers
Comparing Callaway Golf's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Callaway Golf's direct or indirect competition across all of the common fundamentals between Callaway Golf and the related equities. This way, we can detect undervalued stocks with similar characteristics as Callaway Golf or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Callaway Golf's fundamental indicators could also be used in its relative valuation, which is a method of valuing Callaway Golf by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Callaway Golf to competition |
| Fundamentals | Callaway Golf | Peer Average |
| Return On Equity | -0.0031 | -0.31 |
| Return On Asset | 0.013 | -0.14 |
| Profit Margin | (0) % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 4.06 B | 16.62 B |
| Shares Outstanding | 183.82 M | 571.82 M |
| Shares Owned By Insiders | 11.84 % | 10.09 % |
| Shares Owned By Institutions | 89.49 % | 39.21 % |
| Number Of Shares Shorted | 16.32 M | 4.71 M |
| Price To Book | 0.38 X | 9.51 X |
| Price To Sales | 0.38 X | 11.42 X |
| Revenue | 4.28 B | 9.43 B |
| Gross Profit | 1.34 B | 27.38 B |
| EBITDA | 489.1 M | 3.9 B |
| Net Income | 95 M | 570.98 M |
| Cash And Equivalents | 179.4 M | 2.7 B |
| Cash Per Share | 0.97 X | 5.01 X |
| Total Debt | 4.36 B | 5.32 B |
| Debt To Equity | 0.89 % | 48.70 % |
| Current Ratio | 1.29 X | 2.16 X |
| Book Value Per Share | 21.41 X | 1.93 K |
| Cash Flow From Operations | 364.7 M | 971.22 M |
| Short Ratio | 7.04 X | 4.00 X |
| Earnings Per Share | (0.07) X | 3.12 X |
| Price To Earnings To Growth | 0.67 X | 4.89 X |
| Target Price | 14.79 | |
| Number Of Employees | 32 K | 18.84 K |
| Beta | 1.76 | -0.15 |
| Market Capitalization | 1.58 B | 19.03 B |
| Total Asset | 9.12 B | 29.47 B |
| Retained Earnings | 947.5 M | 9.33 B |
| Working Capital | 680.5 M | 1.48 B |
| Net Asset | 9.12 B |
Note: Disposition of 3007 shares by Mark Leposky of Callaway Golf subject to Rule 16b-3 [view details]
Callaway Golf Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Callaway . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Callaway Golf Buy or Sell Advice
When is the right time to buy or sell Callaway Golf? Buying financial instruments such as Callaway Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Callaway Golf in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Management Theme or any other thematic opportunities.
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Check out Callaway Golf Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Callaway Golf. If investors know Callaway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Callaway Golf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share (0.07) | Revenue Per Share 22.907 | Quarterly Revenue Growth (0.03) | Return On Assets 0.013 |
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.