Topgolf Callaway Brands (MODG) Projected to Post Earnings on Monday

Topgolf Callaway Brands (NYSE:MODG - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Monday, May 12th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $1.08 billion for the quarter. Topgolf Callaway Brands has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Topgolf Callaway Brands (NYSE:MODG - Get Free Report) last issued its earnings results on Monday, February 24th. The company reported ($0.33) EPS for the quarter, beating analysts' consensus estimates of ($0.40) by $0.07. Topgolf Callaway Brands had a negative net margin of 0.29% and a positive return on equity of 1.20%. The business had revenue of $924.40 million during the quarter, compared to analysts' expectations of $1.13 billion. On average, analysts expect Topgolf Callaway Brands to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Topgolf Callaway Brands Price Performance

NYSE MODG traded up $0.17 during trading hours on Friday, hitting $7.35. 2,074,763 shares of the company's stock traded hands, compared to its average volume of 2,681,086. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.93 and a quick ratio of 1.14. The firm's 50-day moving average is $6.44 and its 200-day moving average is $7.59. Topgolf Callaway Brands has a 52-week low of $5.42 and a 52-week high of $16.89. The company has a market capitalization of $1.35 billion, a PE ratio of -91.86 and a beta of 1.25.

Analysts Set New Price Targets

A number of equities analysts have weighed in on MODG shares. JPMorgan Chase & Co. dropped their target price on Topgolf Callaway Brands from $11.00 to $9.00 and set a "neutral" rating for the company in a report on Thursday, January 23rd. Truist Financial cut their price target on shares of Topgolf Callaway Brands from $12.00 to $7.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Roth Mkm reaffirmed a "buy" rating and set a $11.00 target price (down previously from $16.00) on shares of Topgolf Callaway Brands in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Topgolf Callaway Brands currently has an average rating of "Hold" and an average target price of $11.00.

Topgolf Callaway Brands Company Profile

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.