Callaway Golf Company (ELY) EPS Estimated At $-0.32; Adesa (KAR) Sentiment Is 1.07

Callaway Golf Company (NYSE:ELY) Logo

Adesa Inc (KAR) investors sentiment decreased to 1.07 in 2018 Q3. It’s down -0.10, from 1.17 in 2018Q2. The ratio dived, as 152 hedge funds opened new and increased stock positions, while 142 sold and reduced their positions in Adesa Inc. The hedge funds in our database now possess: 127.00 million shares, down from 128.28 million shares in 2018Q2. Also, the number of hedge funds holding Adesa Inc in top ten stock positions decreased from 7 to 5 for a decrease of 2. Sold All: 27 Reduced: 115 Increased: 92 New Position: 60.

Analysts expect Callaway Golf Company (NYSE:ELY) to report $-0.32 EPS on February, 6.They anticipate $0.17 EPS change or 113.33% from last quarter’s $-0.15 EPS. After having $0.10 EPS previously, Callaway Golf Company’s analysts see -420.00% EPS growth. The stock decreased 0.25% or $0.04 during the last trading session, reaching $16.26. About 16,749 shares traded. Callaway Golf Company (NYSE:ELY) has risen 13.39% since January 11, 2018 and is uptrending. It has outperformed by 13.39% the S&P500. Some Historical ELY News: 27/04/2018 – CALLAWAY GOLF 1Q EPS 65C, EST. 51C; 26/04/2018 – Callaway Golf 1Q Net $62.9M; 19/04/2018 DJ Callaway Golf Company, Inst Holders, 1Q 2018 (ELY); 26/04/2018 – Callaway Golf Raises FY View To EPS 77c-EPS 82c; 26/04/2018 – CALLAWAY GOLF BOOSTS FORECAST FOR YEAR; 27/04/2018 – CALLAWAY GOLF CO ELY.N : JP MORGAN RAISES TARGET PRICE TO $20 FROM $19; 26/04/2018 – CALLAWAY GOLF CO ELY.N FY2018 SHR VIEW $0.71, REV VIEW $1.13 BLN — THOMSON REUTERS l/B/E/S; 09/05/2018 – Russell L. Fleischer Named to Board of Directors of Callaway Golf Company; 26/04/2018 – Callaway Golf Raises FY View To Sales $1.17B-$1.185B; 21/05/2018 – Callaway Golf Presenting at Conference May 23

More notable recent Callaway Golf Company (NYSE:ELY) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For January 9, 2019 – Benzinga” on January 09, 2019, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: Adobe, Autodesk, BofA, Cleveland-Cliffs, Deere, Facebook, Freeport-McMoRan, Nike, Tilray and More – 24/7 Wall St.” published on January 09, 2019, Seekingalpha.com published: “Callaway Golf uses AI to develop new clubs – Seeking Alpha” on January 04, 2019. More interesting news about Callaway Golf Company (NYSE:ELY) were released by: Seekingalpha.com and their article: “Golf stocks lower after soft data read – Seeking Alpha” published on December 04, 2018 as well as Seekingalpha.com‘s news article titled: “Conference call teaser with Callaway Golf? – Seeking Alpha” with publication date: October 25, 2018.

Among 4 analysts covering Callaway Golf (NYSE:ELY), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Callaway Golf had 4 analyst reports since August 3, 2018 according to SRatingsIntel. The firm has “Overweight” rating given on Friday, August 3 by KeyBanc Capital Markets. On Tuesday, December 18 the stock rating was upgraded by Compass Point to “Buy”. The firm earned “Market Perform” rating on Friday, September 28 by Cowen & Co.

Callaway Golf Company, together with its subsidiaries, designs, makes, and sells golf clubs, golf balls, golf bags, and other golf-related accessories in the United States and internationally. The company has market cap of $1.54 billion. It offers drivers, fairway woods, hybrids, irons, wedges, and putters. It has a 13.87 P/E ratio. The firm also accessories, such as packaged sets, golf gloves, golf footwear, golf apparel, travel gear, headwear, towels, umbrellas, eyewear, and other accessories under the Callaway Golf, Odyssey, and Strata brand names.

Investors sentiment decreased to 1.05 in Q3 2018. Its down 0.36, from 1.41 in 2018Q2. It is negative, as 17 investors sold Callaway Golf Company shares while 87 reduced holdings. 50 funds opened positions while 59 raised stakes. 82.14 million shares or 0.17% more from 82.00 million shares in 2018Q2 were reported. Kbc Group Inc Nv owns 247,942 shares or 0.05% of their US portfolio. Financial Bank Of New York Mellon owns 1.61M shares. Fmr Ltd has invested 0.01% of its portfolio in Callaway Golf Company (NYSE:ELY). New York-based Mufg Americas Hldgs has invested 0% in Callaway Golf Company (NYSE:ELY). Stratos Wealth has invested 0% in Callaway Golf Company (NYSE:ELY). Millennium Limited Liability Company stated it has 0.04% of its portfolio in Callaway Golf Company (NYSE:ELY). Navellier & Assoc owns 54,417 shares. Royal Natl Bank Of Canada owns 449,651 shares or 0% of their US portfolio. Mutual Of America Mgmt Lc reported 0% stake. Mason Street Advsr Lc accumulated 26,304 shares. Rhumbline Advisers holds 0.01% or 215,244 shares in its portfolio. 89,640 are held by Kepos Cap Limited Partnership. Fort Washington Advsr Oh holds 0.12% or 495,332 shares in its portfolio. Credit Suisse Ag invested in 127,109 shares or 0% of the stock. First Tru Limited Partnership holds 289,689 shares or 0.01% of its portfolio.

The stock increased 0.12% or $0.06 during the last trading session, reaching $48.82. About 79,877 shares traded. KAR Auction Services, Inc. (KAR) has declined 0.24% since January 11, 2018 and is downtrending. It has underperformed by 0.24% the S&P500. Some Historical KAR News: 24/04/2018 – KAR Auction Services, Inc. to Announce First Quarter 2018 Earnings; 08/05/2018 – KAR AUCTION SERVICES INC KAR.N FY2018 SHR VIEW $2.97 — THOMSON REUTERS l/B/E/S; 20/03/2018 – TradeRev Unveils ‘H’ — Artificial Intelligence to Enhance the Digital Auction Experience; 14/03/2018 – KAR Auction Services Announces Participation in Upcoming Investor Conference; 08/05/2018 – KAR Auction 1Q Rev $950.5M; 08/05/2018 – KAR AUCTION SERVICES – SEES 2018 CAPITAL EXPENDITURES OF $185 MLN; 27/03/2018 – KAR Auction Presenting at Bank of America Conference Tomorrow; 21/05/2018 – KAR Auction Presenting at Barclays Conference Tomorrow; 16/05/2018 – KAR Auction Presenting at Barclays Conference May 22; 19/03/2018 – TradeRev Unveils `H’ – Artificial Intelligence to Enhance the Digital Auction Experience

KAR Auction Services, Inc., together with its subsidiaries, provides vehicle auction services in the United States, Canada, Mexico, and the United Kingdom. The company has market cap of $6.57 billion. It operates in three divisions: ADESA Auctions, IAA, and AFC. It has a 15.35 P/E ratio. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities.

More notable recent KAR Auction Services, Inc. (NYSE:KAR) news were published by: Seekingalpha.com which released: “KAR to acquire CarsOnTheWeb – Seeking Alpha” on November 28, 2018, also Cnbc.com with their article: “In Tencent Music’s IPO, a sign that pricing is coming down to Earth – CNBC” published on December 12, 2018, Seekingalpha.com published: “KAR Auction Services 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on November 07, 2018. More interesting news about KAR Auction Services, Inc. (NYSE:KAR) were released by: Seekingalpha.com and their article: “The Reverse Synergy Play – The Idea Guide – Seeking Alpha” published on September 25, 2018 as well as Seekingalpha.com‘s news article titled: “How KAR’s Upcoming IAA Spinoff Benefits Shareholders – Seeking Alpha” with publication date: April 01, 2018.

Snyder Capital Management L P holds 5.04% of its portfolio in KAR Auction Services, Inc. for 1.90 million shares. Cardinal Capital Management Llc Ct owns 2.45 million shares or 4.56% of their US portfolio. Moreover, Provident Investment Management Inc. has 4.26% invested in the company for 502,091 shares. The New York-based Gates Capital Management Inc. has invested 3.62% in the stock. Covey Capital Advisors Llc, a Georgia-based fund reported 24,080 shares.

Analysts await KAR Auction Services, Inc. (NYSE:KAR) to report earnings on February, 19. They expect $0.60 EPS, down 4.76% or $0.03 from last year’s $0.63 per share. KAR’s profit will be $80.76 million for 20.34 P/E if the $0.60 EPS becomes a reality. After $0.70 actual EPS reported by KAR Auction Services, Inc. for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

KAR Auction Services, Inc. (NYSE:KAR) Institutional Positions Chart