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Callaway Golf is now Topgolf Callaway Brands, complete with a new ticker symbol.
Callaway Golf Co (NYSE:ELY) yesterday announced plans for a new corporate name: TopGolf Callaway Brands.
This popular golf equipment brand is on the upswing.
A popular investing strategy is to identify sectors and stocks while they are undervalued by the market. One way to do this is to look for stocks analysts love.
Callaway Golf Company (NYSE:ELY ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Patrick Burke - SVP, Global Finance Chip Brewer - President and CEO Brian Lynch - CFO Conference Call Participants Alex Perry - Bank of America Joe Altobello - Raymond James Daniel Imbro - Stephens Kevin Heenan - JPMorgan Brett Andress - KeyBanc Susan Anderson - B. Riley Operator Good day and welcome to the Q2 2022 Callaway Golf Company Earnings Call.
Callaway (ELY) delivered earnings and revenue surprises of 11.90% and 1.64%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
You don't have to look as far afield as hotels or cruises to find stocks that can ride the increase in travel and entertainment spending.
Callaway Golf continues to expand at a nice clip, but shares have experienced a bit of pain in recent months. Overall, Callaway Golf is likely to continue growing and this will only make its stock more valuable.
ELY vs. ONON: Which Stock Is the Better Value Option?
The Leisure & Recreation Products industry continues to benefit from strong demand for golf business and new boats. Stocks like MBUU, ELY and VSTO are well-poised to capitalize on the trend.