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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

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

$12.27
+0.01 (+0.08%)
(As of 11/30/2023 ET)
Compare
Today's Range
$12.09
$12.51
50-Day Range
$10.05
$14.29
52-Week Range
$9.84
$25.96
Volume
3.58 million shs
Average Volume
2.42 million shs
Market Capitalization
$2.26 billion
P/E Ratio
25.04
Dividend Yield
N/A
Price Target
$20.64

Topgolf Callaway Brands MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
68.2% Upside
$20.64 Price Target
Short Interest
Healthy
11.82% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.34mentions of Topgolf Callaway Brands in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$219,700 Sold Last Quarter
Proj. Earnings Growth
-2.44%
From $0.41 to $0.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.88 out of 5 stars

Consumer Discretionary Sector

30th out of 268 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

2nd 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. It operates through three segments: Topgolf; Golf Equipment; and Active Lifestyle. 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; and golf and lifestyle apparel, hats, luggage and accessories, footwear, belts, facemasks, sunglasses, socks, and underwear under the 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 through its 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

MODG Stock News Headlines

Topgolf Pompano Beach Grand Opens Friday, Dec. 15
Topgolf Lafayette Opens Friday, Dec. 15
Why Microsoft Just Placed A Huge Bet On Nuclear
Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.
Why Microsoft Just Placed A Huge Bet On Nuclear
Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.
KeyBanc Reaffirms Their Buy Rating on Topgolf Callaway Brands (MODG)
Q3 2023 Topgolf Callaway Brands Corp Earnings Call
Topgolf Callaway Brands (MODG) Q3 Earnings Top Estimates
Topgolf Mobile Opens Friday, Nov. 17
See More Headlines
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Company Calendar

Last Earnings
11/08/2023
Today
11/30/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/08/2024

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
$20.64
High Stock Price Target
$38.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+68.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$157.90 million
Pretax Margin
1.01%

Debt

Sales & Book Value

Annual Sales
$4.00 billion
Cash Flow
$2.46 per share
Book Value
$21.42 per share

Miscellaneous

Free Float
162,430,000
Market Cap
$2.26 billion
Optionable
Optionable
Beta
1.83
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Key Executives

  • Mr. Oliver G. Brewer III (Age 59)
    President, CEO & Director
    Comp: $3.74M
  • Mr. Brian P. Lynch (Age 61)
    Executive VP, Chief Legal Officer & CFO
    Comp: $1.65M
  • Mr. Mark F. Leposky (Age 58)
    Executive VP & Chief Supply Chain Officer
    Comp: $1.27M
  • Mr. Glenn F. Hickey (Age 61)
    Executive Vice President of Callaway Golf
    Comp: $1.27M
  • Mr. Arthur Francis Starrs III (Age 46)
    Chief Executive Officer of Topgolf International
    Comp: $2.04M
  • Ms. Jennifer Thomas (Age 47)
    Senior VP & Chief Accounting Officer
  • Lauren Scott
    Director of Investor Relations
  • Ms. Rebecca A. Fine (Age 60)
    Executive VP & Chief People Officer
  • Mr. Neil Howie (Age 60)
    MD & President of Europe, Middle East & Africa
    Comp: $714.68k
  • Sean Toulon
    Senior Vice President














MODG Stock Analysis - Frequently Asked Questions

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

10 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, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MODG shares.
View MODG analyst ratings
or view top-rated stocks.

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

10 Wall Street analysts have issued 1-year target prices for Topgolf Callaway Brands' shares. Their MODG share price targets range from $10.00 to $38.00. On average, they expect the company's share price to reach $20.64 in the next twelve months. This suggests a possible upside of 68.2% 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 2023?

Topgolf Callaway Brands' stock was trading at $19.75 at the beginning of 2023. Since then, MODG shares have decreased by 37.9% and is now trading at $12.27.
View the best growth stocks for 2023 here
.

When is Topgolf Callaway Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our MODG earnings forecast
.

How were Topgolf Callaway Brands' earnings last quarter?

Topgolf Callaway Brands Corp. (NYSE:MODG) posted its quarterly earnings results on Wednesday, November, 8th. The company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.09. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.05 billion. Topgolf Callaway Brands had a trailing twelve-month return on equity of 2.54% and a net margin of 2.34%. Topgolf Callaway Brands's revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the company earned $0.23 EPS.

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

Topgolf Callaway Brands issued an update on its FY23 earnings guidance on Wednesday, November, 8th. The company provided EPS guidance of $0.39-0.43 for the period, compared to the consensus EPS estimate of $0.63. The company issued revenue guidance of $4.235-4.260 billion, compared to the consensus revenue estimate of $4.41 billion.

Who are Topgolf Callaway Brands' major shareholders?

Topgolf Callaway Brands' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Shapiro Capital Management LLC (5.23%), Bank of New York Mellon Corp (1.22%), Northern Trust Corp (1.04%), Boston Partners (0.95%), TimesSquare Capital Management LLC (0.91%) and UBS Group AG (0.81%). Insiders that own company stock include Brian P Lynch, Erik J Anderson, Jennifer L Thomas, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:MODG) was last updated on 12/1/2023 by MarketBeat.com Staff

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