Stocktoria
Callaway Golf Co CALY
Callaway Golf Co (CALY) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 0.05% (safety: no dividend). FY2025 revenue was $2.1B at a -19.9% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.38 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-26 | UBS | Neutral (main) |
| 2026-06-15 | Truist Securities | Buy (main) |
| 2026-06-11 | JP Morgan | Neutral (main) |
| 2026-05-08 | JP Morgan | Neutral (main) |
| 2026-03-27 | UBS | Neutral (main) |
| 2026-02-18 | JP Morgan | Neutral (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.215 |
| Retained earnings / assets | -0.125 |
| EBIT / assets | 0.018 |
| Equity / liabilities | 0.397 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| CALY | Callaway Golf Co | 5/9 | 1.54 | — | -0.8% |
| YETI | YETI Holdings, Inc. | 6/9 | 6.12 | 22.6 | +2.1% |
| PTON | PELOTON INTERACTIVE, INC. | 4/9 | -6.92 | 39.2 | -1.8% |
| GOLF | Acushnet Holdings Corp. | 5/9 | 3.25 | 36.7 | +4.1% |
| JOUT | JOHNSON OUTDOORS INC | 4/9 | 7.23 | — | -0.1% |
| CLAR | Clarus Corp | 3/9 | -0.23 | — | -5.2% |
| ESCA | ESCALADE INC | 7/9 | 9.74 | 19.4 | -4.5% |
About Callaway Golf Co
Callaway Golf Company designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. It operates in two business segments: Golf Equipment; and Apparel, Gear and Other. The company provides drivers, fairway woods, hybrids, irons, and wedges under the Callaway brands; packaged sets under the Callaway and Strata brands; and putters under Odyssey brand. It designs, manufactures, and sells golf clubs, golf balls, apparel, bags, and other accessories under TravisMathew and OGIO brand. It sells its products through golf retailers, sporting goods retailers, online retailers, mass merchants, department stores, third-party distributors, and merchants, and directly to consumers through its retail stores and websites. The company was formerly known as Topgolf Callaway Brands Corp. and changed its name to Callaway Golf Company in January 2026. The company was incorporated in 1982 and is headquartered in Carlsbad, California.
FAQ
Is CALY financially healthy?
Callaway Golf Co's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does CALY pay a dividend, and is it safe?
Yes. Callaway Golf Co pays a dividend yielding about 0.05% with a None payout ratio, rated “no dividend” for safety.
How profitable is CALY?
In FY2025, Callaway Golf Co had a net margin of -19.9% and a return on equity of -19.8%.
Is CALY overvalued or undervalued?
Callaway Golf Co trades at about 33.1× trailing earnings — above its 10-year norm (10-year range 5.7×–51.2×, median 26.3×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for CALY?
The average Wall-Street price target for Callaway Golf Co is $18.80, about 13.7% above the recent price, from 10 analysts (consensus: buy).
Is CALY a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Callaway Golf Co: a Piotroski F-score of 5/9, an Altman Z″ in the grey zone, a dividend yield of 0.05%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.