Callaway Golf CoFind Ratings Reports
CALLAWAY GOLF CO's gross profit margin for the third quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. CALLAWAY GOLF CO has strong liquidity. Currently, the Quick Ratio is 1.82 which shows the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
During the same period, stockholders' equity ("net worth") has increased by 16.14% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
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|Income Statement||Q3 FY16||Q3 FY15|
|Net Sales ($mil)||187.85||175.78|
|Net Income ($mil)||-5.87||-3.62|
|Balance Sheet||Q3 FY16||Q3 FY15|
|Cash & Equiv. ($mil)||124.63||41.59|
|Total Assets ($mil)||688.14||638.59|
|Total Debt ($mil)||0.0||26.7|
|Profitability||Q3 FY16||Q3 FY15|
|Gross Profit Margin||44.23||46.53|
|Return on Assets||5.25||0.54|
|Return on Equity||7.48||0.83|
|Debt||Q3 FY16||Q3 FY15|
|Share Data||Q3 FY16||Q3 FY15|
|Shares outstanding (mil)||94.11||89.92|
|Div / share||0.01||0.01|
|Book value / share||5.14||4.63|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||917415.0||1030147.0|
HOLD. CALLAWAY GOLF CO's P/E ratio indicates a premium compared to an average of 23.47 for the Leisure Equipment & Products industry and a premium compared to the S&P 500 average of 25.49. To use another comparison, its price-to-book ratio of 2.18 indicates a discount versus the S&P 500 average of 2.84 and a significant discount versus the industry average of 4.60. The current price-to-sales ratio is well below the S&P 500 average and is also below the industry average, indicating a discount.
|ELY 30.22||Peers 23.47||ELY 12.15||Peers 14.34|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
ELY is trading at a significant premium to its peers.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
ELY is trading at a discount to its peers.
|ELY 31.94||Peers 20.18||ELY 0.14||Peers 1.08|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.
ELY is trading at a valuation on par with its peers.
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
ELY trades at a significant discount to its peers.
|ELY 2.18||Peers 4.60||ELY 1025.00||Peers 54.74|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
ELY is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
ELY is expected to have an earnings growth rate that significantly exceeds its peers.
|ELY 1.22||Peers 1.62||ELY 4.33||Peers 7.25|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
ELY is trading at a discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
ELY significantly trails its peers on the basis of sales growth