Topgolf Callaway Brands Corp. (NYSE:MODG - Free Report) - Investment analysts at B. Riley issued their Q3 2025 EPS estimates for shares of Topgolf Callaway Brands in a research note issued on Monday, August 11th. B. Riley analyst A. Glaessgen forecasts that the company will earn ($0.21) per share for the quarter. B. Riley has a "Neutral" rating and a $9.50 price objective on the stock. The consensus estimate for Topgolf Callaway Brands' current full-year earnings is $0.16 per share. B. Riley also issued estimates for Topgolf Callaway Brands' Q4 2025 earnings at ($0.50) EPS, FY2025 earnings at ($0.35) EPS and FY2026 earnings at ($0.28) EPS.
A number of other analysts also recently weighed in on the stock. Cfra reissued a "hold" rating and issued a $9.00 price target on shares of Topgolf Callaway Brands in a report on Friday, July 11th. JPMorgan Chase & Co. reduced their price target on shares of Topgolf Callaway Brands from $8.00 to $7.00 and set a "neutral" rating for the company in a report on Tuesday, May 27th. Morgan Stanley started coverage on shares of Topgolf Callaway Brands in a report on Friday, July 18th. They set an "equal weight" rating and a $9.50 price objective for the company. Finally, Wall Street Zen raised shares of Topgolf Callaway Brands from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $10.00.
Check Out Our Latest Research Report on MODG
Topgolf Callaway Brands Stock Performance
Topgolf Callaway Brands stock traded up $0.21 during mid-day trading on Wednesday, reaching $9.89. The company had a trading volume of 3,470,056 shares, compared to its average volume of 3,191,797. The company has a quick ratio of 1.25, a current ratio of 1.85 and a debt-to-equity ratio of 0.48. Topgolf Callaway Brands has a 52 week low of $5.42 and a 52 week high of $12.03. The company has a 50 day moving average of $8.73 and a 200-day moving average of $7.40. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of -1.22 and a beta of 1.26.
Topgolf Callaway Brands (NYSE:MODG - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.21. Topgolf Callaway Brands had a negative net margin of 36.08% and a positive return on equity of 0.37%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the firm earned $0.42 EPS. The business's revenue was down 4.1% on a year-over-year basis.
Insider Buying and Selling at Topgolf Callaway Brands
In related news, Director Erik J. Anderson sold 25,704 shares of the stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $9.25, for a total transaction of $237,762.00. Following the completion of the sale, the director owned 20,607 shares in the company, valued at $190,614.75. This trade represents a 55.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Adebayo O. Ogunlesi bought 384,731 shares of the company's stock in a transaction that occurred on Friday, June 6th. The shares were purchased at an average price of $6.48 per share, with a total value of $2,493,056.88. Following the transaction, the director directly owned 768,432 shares in the company, valued at $4,979,439.36. This represents a 100.27% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 855,284 shares of company stock valued at $5,602,200 over the last quarter. 2.40% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Topgolf Callaway Brands
A number of hedge funds have recently made changes to their positions in MODG. Public Employees Retirement System of Ohio increased its position in Topgolf Callaway Brands by 24.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,275 shares of the company's stock valued at $51,000 after acquiring an additional 1,240 shares in the last quarter. Boyar Asset Management Inc. increased its position in Topgolf Callaway Brands by 1.7% in the 1st quarter. Boyar Asset Management Inc. now owns 109,984 shares of the company's stock valued at $725,000 after acquiring an additional 1,857 shares in the last quarter. Jump Financial LLC increased its position in Topgolf Callaway Brands by 3.1% in the 1st quarter. Jump Financial LLC now owns 75,685 shares of the company's stock valued at $499,000 after acquiring an additional 2,265 shares in the last quarter. MetLife Investment Management LLC increased its position in Topgolf Callaway Brands by 2.9% in the 4th quarter. MetLife Investment Management LLC now owns 82,820 shares of the company's stock valued at $651,000 after acquiring an additional 2,303 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Topgolf Callaway Brands by 7.2% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 36,326 shares of the company's stock valued at $292,000 after acquiring an additional 2,453 shares in the last quarter. Institutional investors and hedge funds own 84.69% of the company's stock.
About Topgolf Callaway Brands
(
Get Free Report)
Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game.
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