Golf

Callaway Golf Co (NYSE: ELY) shares are trading down despite the golf club maker's Thursday earnings beat. Here's how two analysts reacted to the print.  Cowen  Callaway management was able to raise its outlook within the core golf business, but weakness in the newly...

Tiger Woods threw up his arms and joined a jubilant Masters crowd in celebrating his win Sunday, easing 14 years of injury- and scandal-related frustration since his last win at Augusta. But while Woods roared and his fans went wild, the burgeoning American sportsbook industry felt like it just hit...

When Nike Inc (NYSE: NKE) exited the golf club business in 2016, Callaway Golf Co (NYSE: ELY) was arguably the greatest beneficiary of the consolidating industry. Since then, the company has been on a tear, emerging as a leader in global golf club manufacturing. The company has also made several...

Tiger Woods and Discovery Communications Inc. (NASDAQ: DISCA) are striking a content partnership.  After a $2-billion, 12-year agreement with the PGA Tour was formed in June, Discovery is doubling down on golf with the announcement of a multiyear agreement to include original content with...

If there were any lingering doubts about Tiger Woods' popularity, they weren’t evident at the PGA Championship Sunday in St. Louis. The golfing legend may not have won, but he stole the show and virtually of all thunder from eventual winner Brooks Koepka. The Tiger Woods 'halo effect...

During Tiger Woods' peak years, the sport of golf was tremendously popular, but this hasn't been the case for at least the past year. As such, investors who had exposure to golf stocks, including major golf retailer Dicks Sporting Goods Inc (NYSE: DKS), were stuck owning a "hideous loser," CNBC's...

Callaway Golf Co (NYSE: ELY) is the world's most recognizable golf brand, but that doesn't necessarily make it an attractive investment with huge upside, analysts at Cowen said. Cowen's John Kernan initiates coverage of Callaway's stock with a Market Perform rating and $14 price...

Recent IPO Acushnet Holdings Corp (NYSE: GOLF) is seeing an unlikely competitor in its most dominant segment, the golf ball. The high turnover soft good is one of the most profitable segments in the golf industry and makes up 1/3 of Acushnet’s revenue with a dominant market share north of 50...

Acushnet Holdings Corp (NYSE: GOLF) shares were soaring over 14 percent Friday following the company’s third-quarter earnings release, Acushnet’s first release since becoming a public company in October. Acushnet, the parent company of golf-staple Titleist, delivered third-quarter...

Following the conclusion of Acushnet Holdings Corp (NYSE: GOLF)'s recent IPO’s quiet period, sell-side analyst coverage has poured in on the golf manufacturer. Titleist parent company Acushnet has been seen as the gold standard in the golf industry for decades, possessing some of the most...

Acushnet Holdings Corp. (NYSE: GOLF), parent company of golf equipment leader Titleist, officially launched its IPO Friday amid a trying time for the industry. Announced last year in November, the Titleist offering shocked many, coming at a time when the majority of the sentiment around the...

Acushnet Holdings Corp. (NASDAQ: GOLF) began trading for the first time on a public exchange Friday. The company manufactures golf equipment and is the parent company of the Titleist and Pinnacle brands. According to a Bloomberg report from August, fewer people are playing golf today — which...

The state of golf industry has entered a defining moment. The future of the game has become a controversial topic, with Nike Inc (NYSE: NKE) exiting the equipment business just a few months ago and Tiger Woods briefly entertaining a comeback and then quickly rescinding, saying that his game was not...

As expected, now that Nike Inc (NYSE: NKE) will no longer be making golf equipment, golf companies are pursuing Tiger Woods to use their clubs when he makes his next comeback. Woods is on the market testing nearly every brand in preparation for his return to the course, according to various sources...

Determining who will benefit from Nike Inc (NYSE: NKE)'s departure from golf is the question everyone in the industry has been asking since the news broke this week. Callaway Golf Co (NYSE: ELY) stock reacted positively from the news, as it is the only pure golf play in the stock market currently....