WallStreetZen

NYSE: ELY
Callaway Golf Co Stock Forecast, Predictions & Price Target

Analyst price target for ELY

Based on 5 analysts offering 12 month price targets for Callaway Golf Co.
Min Forecast
$23.50-22.39%
Avg Forecast
$35.10+15.92%
Max Forecast
$44.00+45.31%

Should I buy or sell ELY stock?

Based on 5 analysts offering ratings for Callaway Golf Co.
Strong Buy
Strong Buy
4 analysts 80%
Buy
1 analysts 20%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

ELY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Roth Capital
Top 14%
87
Strong BuyMaintains$44.00+45.31%2021-08-10
Raymond James
Top 24%
77
BuyMaintains$38.00+25.50%2021-08-10
Anonymous
KeyBanc
Strong BuyMaintains$36.00+18.89%2021-05-11
KeyBanc
Top 2%
99
Strong BuyMaintains$34.00+12.29%2021-02-12
Compass Point
Top 19%
82
Strong BuyUpgrades$23.50-22.39%2020-10-30

1 of 1

Forecast return on equity

Is ELY forecast to generate an efficient return?
Company
2.04%
Industry
-19.53%
Market
1,982.74%
ELY's Return on Equity is forecast to be low in 3 years (2.04%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is ELY forecast to generate an efficient return on assets?
Company
1.05%
Industry
7.92%
Market
957.62%
ELY is forecast to generate lower Return on Assets (1.05%) than the US Leisure industry average (7.92%)
Forecast

ELY earnings per share forecast

What is ELY's earnings per share in the next 2 years based on estimates from 7 analysts?
Avg 1 year Forecast
$0.39-86.78%
Avg 2 year Forecast
$0.41-86.1%
ELY's earnings are forecast to grow at a rate of -86.78% per year, which is not exceptional
Forecast

ELY revenue forecast

What is ELY's revenue in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.1B+27.63%
Avg 2 year Forecast
$3.6B+50.82%
ELY's revenue is forecast to grow at an exceptional rate of 27.63% per year
Forecast

ELY earnings growth forecast

How is ELY forecast to perform vs Leisure companies and vs the US market?
Company
-86.78%
Industry
11.44%
Market
170.29%
ELY's earnings are forecast to grow slower (-86.78% per year) than the US Leisure industry average (11.44%)
Forecast
ELY's earnings are forecast to grow slower (-86.78% per year) than the US market average (170.29%)
Forecast
ELY's earnings are forecast to grow slower (-86.78% per year) than the risk-free savings rate (1.5%)
Forecast

ELY revenue growth forecast

How is ELY forecast to perform vs Leisure companies and vs the US market?
Company
27.63%
Industry
25.47%
Market
61.21%
ELY's revenues are forecast to grow faster (27.63% per year) than the US Leisure industry average (25.47%)
Forecast
ELY's revenues are forecast to grow slower (27.63% per year) than the US market average (61.21%)
Forecast

Callaway Golf Stock Forecast FAQ

Is Callaway Golf Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: ELY) stock is to Strong Buy ELY stock.

Out of 5 analysts, 4 (80%) are recommending ELY as a Strong Buy, 1 (20%) are recommending ELY as a Buy, 0 (0%) are recommending ELY as a Hold, 0 (0%) are recommending ELY as a Sell, and 0 (0%) are recommending ELY as a Strong Sell.

What is ELY's earnings growth forecast for 2021-2022?

(NYSE: ELY) Callaway Golf's forecast annual earnings growth rate of -86.78% is not forecast to beat the US Leisure industry's average forecast earnings growth rate of 11.44%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 170.29%.

Callaway Golf's earnings in 2021 is $376,061,000.On average, 7 Wall Street analysts forecast ELY's earnings for 2021 to be $72,515,384, with the lowest ELY earnings forecast at $20,453,057, and the highest ELY earnings forecast at $104,124,653.

In 2022, ELY is forecast to generate $76,234,121 in earnings, with the lowest earnings forecast at $22,312,426 and the highest earnings forecast at $94,827,809.

What is ELY's revenue growth forecast for 2021-2022?

(NYSE: ELY) Callaway Golf's forecast annual revenue growth rate of 27.63% is forecast to beat the US Leisure industry's average forecast revenue growth rate of 25.47%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 61.21%.

Callaway Golf's revenue in 2021 is $2,415,450,000.On average, 6 Wall Street analysts forecast ELY's revenue for 2021 to be $573,198,407,398, with the lowest ELY revenue forecast at $567,609,516,629, and the highest ELY revenue forecast at $575,288,709,814.

In 2022, ELY is forecast to generate $677,342,770,067 in revenue, with the lowest revenue forecast at $660,577,957,129 and the highest revenue forecast at $713,997,623,040.

What is ELY's forecast return on assets (ROA) for 2021-2022?

(NYSE: ELY) forecast ROA is 1.05%, which is lower than the forecast US Leisure industry average of 7.92%.

What is ELY's Price Target?

According to 5 Wall Street analysts that have issued a 1 year ELY price target, the average ELY price target is $35.10, with the highest ELY stock price forecast at $44.00 and the lowest ELY stock price forecast at $23.50.

On average, Wall Street analysts predict that Callaway Golf's share price could stay at $35.10 by Aug 10, 2022. The average Callaway Golf stock price prediction forecasts a potential downside of N/A from the current ELY share price of $30.28.

What is ELY's Earnings Per Share (EPS) forecast for 2021-2022?

(NYSE: ELY) Callaway Golf's current Earnings Per Share (EPS) is $2.95. On average, analysts forecast that ELY's EPS will be $0.39 for 2021, with the lowest EPS forecast at $0.11, and the highest EPS forecast at $0.56. In 2022, ELY's EPS is forecast to hit $0.41 (min: $0.12, max: $0.51).

What is ELY's forecast return on equity (ROE) for 2021-2022?

(NYSE: ELY) forecast ROE is 2.04%, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.