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home / news releases / ADDDF - Callaway Golf: Still No Reasons To Buy

ADDDF - Callaway Golf: Still No Reasons To Buy

Adidas AG
  • Callaway Golf remains overvalued with the shares trading on PER FY12/2022 64.6x.
  • Market expectations for growth at Topgolf need to be adjusted down when assessing limited capital investment, increasing costs and poor recovery in corporate events.
  • We expect to see more exits from private equity shareholders.

For further details see:

Callaway Golf: Still No Reasons To Buy
Stock Information
Company Name: Adidas AG
Stock Symbol: ADDDF
Market: OTC
Website: adidas-group.com
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