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NYSE:MODG

Topgolf Callaway Brands (MODG) Stock Price, News & Analysis

$14.91
+0.01 (+0.07%)
(As of 04:00 PM ET)
Today's Range
$14.74
$14.96
50-Day Range
$13.41
$16.62
52-Week Range
$9.84
$20.75
Volume
2.32 million shs
Average Volume
2.42 million shs
Market Capitalization
$2.74 billion
P/E Ratio
40.30
Dividend Yield
N/A
Price Target
$19.33

Topgolf Callaway Brands MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
30.2% Upside
$19.33 Price Target
Short Interest
Bearish
10.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.70mentions of Topgolf Callaway Brands in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$267,175 Sold Last Quarter
Proj. Earnings Growth
20.59%
From $0.34 to $0.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.72 out of 5 stars

Consumer Discretionary Sector

96th out of 265 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

5th out of 9 stocks

MODG stock logo

About Topgolf Callaway Brands Stock (NYSE:MODG)

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. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Active Lifestyle segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; golf and lifestyle apparel, hats, luggage, and accessories under the TravisMathew brand; and footwear, belts, hats, facemasks, sunglasses, socks, and underwear under the Cuater by TravisMathew brand. This segment also provides storage and travel gear for sport and personal use, such as backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. The company sells its products through golf retailers, sporting goods retailers, online retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as directly to consumers through its retail stores and websites. The company was formerly known as Callaway Golf Company and changed its name to Topgolf Callaway Brands Corp. in September 2022. Topgolf Callaway Brands Corp. was incorporated in 1982 and is headquartered in Carlsbad, California.

MODG Stock Price History

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Company Calendar

Last Earnings
5/08/2024
Today
5/21/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Employees
32,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.33
High Stock Price Target
$38.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+30.0%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$95 million
Pretax Margin
0.60%

Debt

Sales & Book Value

Annual Sales
$4.28 billion
Cash Flow
$1.81 per share
Book Value
$21.02 per share

Miscellaneous

Free Float
178,999,000
Market Cap
$2.73 billion
Optionable
Optionable
Beta
1.84
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Key Executives


MODG Stock Analysis - Frequently Asked Questions

Should I buy or sell Topgolf Callaway Brands stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Topgolf Callaway Brands in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MODG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MODG, but not buy additional shares or sell existing shares.
View MODG analyst ratings
or view top-rated stocks.

What is Topgolf Callaway Brands' stock price target for 2024?

11 brokerages have issued 12-month price objectives for Topgolf Callaway Brands' shares. Their MODG share price targets range from $10.00 to $38.00. On average, they predict the company's stock price to reach $19.33 in the next year. This suggests a possible upside of 30.2% from the stock's current price.
View analysts price targets for MODG
or view top-rated stocks among Wall Street analysts.

How have MODG shares performed in 2024?

Topgolf Callaway Brands' stock was trading at $14.34 on January 1st, 2024. Since then, MODG shares have increased by 3.6% and is now trading at $14.85.
View the best growth stocks for 2024 here
.

When is Topgolf Callaway Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our MODG earnings forecast
.

How were Topgolf Callaway Brands' earnings last quarter?

Topgolf Callaway Brands Corp. (NYSE:MODG) announced its quarterly earnings data on Wednesday, May, 8th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.08. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.16 billion. Topgolf Callaway Brands had a trailing twelve-month return on equity of 1.93% and a net margin of 1.80%. The company's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 earnings per share.

What guidance has Topgolf Callaway Brands issued on next quarter's earnings?

Topgolf Callaway Brands updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.3 billion.

Who are Topgolf Callaway Brands' major shareholders?

Topgolf Callaway Brands' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.43%), Hodges Capital Management Inc. (0.84%), Bwcp LP (0.84%), TimesSquare Capital Management LLC (0.68%), Principal Financial Group Inc. (0.40%) and Leeward Investments LLC MA (0.35%). Insiders that own company stock include Brian P Lynch, Erik J Anderson, Jennifer L Thomas, Laura Jean Flanagan, Oliver G Brewer III, Rebecca Fine and Samuel H Armacost.
View institutional ownership trends
.

How do I buy shares of Topgolf Callaway Brands?

Shares of MODG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MODG) was last updated on 5/21/2024 by MarketBeat.com Staff

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