CA CALY Callaway Golf Company Загрузка... : Бычьи и медвежьи мнения аналитиков

CALY released a controversial ad causing retailer drops, lost billions on its Topgolf acquisition, and guided for negative H2 EBITDA. The market has not fully priced in the management's incompetence and the deteriorating fundamentals, leaving the core business trading at an outlandish ~35x earnings. Short CALY via puts to capitalize on the brand damage and poor upcoming financial performance. The company has basically no debt and sits on net cash, meaning bankruptcy is highly unlikely.