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Topgolf Callaway Brands (MODG)
NYSE:MODG
Holding MODG?
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MODG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.84 - $16.89
Previous Close$10.2
Volume3.96M
Average Volume (3M)2.63M
Market Cap
$1.95B
Enterprise Value$4.65B
Total Cash (Recent Filing)$311.80M
Total Debt (Recent Filing)$3.01B
Price to Earnings (P/E)110.4
Beta1.21
Next Earnings
Oct 31, 2024EPS Estimate
-$0.17Last Dividend Ex-Date
May 26, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)0.09
Shares Outstanding183,804,993
10 Day Avg. Volume4,294,524
30 Day Avg. Volume2,630,758
Standard Deviation0.15
R-Squared0.38
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.05
Price to Sales (P/S)0.46
Price to Cash Flow (P/CF)2.20
P/FCF Ratio3.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.10
Enterprise Value/Gross Profit1.75
Enterprise Value/Ebitda10.69
Forecast
1Y Price Target
$14.38Price Target Upside40.98% Upside
Rating ConsensusHold
Number of Analyst Covering11
Topgolf Callaway Brands News
PremiumCompany Announcements
Topgolf Callaway Brands Announces Company Split Plans
Bulls Say, Bears Say
Bulls Say
Company StrategyThe board intends to pursue a separation of Callaway and Topgolf into two independent companies, which could unlock shareholder value.
Financial PositionTopgolf's stand-alone balance sheet is expected to have cash and no financial debt, providing attractive options for venue growth and financing.
Market TrendsGoogle Trends data shows that search activity for 'golf' is running 11% higher year-over-year for June 2024, indicating growing interest in the sport.
Bears Say
DebtThe quality of earnings has been on the decline, while the accumulation of debt raises concerns about MODG's ability to sustain and grow its business effectively.
RevenueManagement reduced 2024 net revenue guidance from $4.435B-$4.475B to $4.200B-$4.260B with AEBITDA guidance reduced from $620M-$640M to $570M-$590M.
Sales PerformanceTopgolf same-venue sales decline 12% in 2H despite easier comparisons.
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Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
MODG FAQ
What was Topgolf Callaway Brands’s price range in the past 12 months?
Topgolf Callaway Brands lowest stock price was $9.84 and its highest was $16.89 in the past 12 months.
What is Topgolf Callaway Brands’s market cap?
Currently, no data Available
When is Topgolf Callaway Brands’s upcoming earnings report date?
Topgolf Callaway Brands’s upcoming earnings report date is Oct 31, 2024 which is in 53 days.
How were Topgolf Callaway Brands’s earnings last quarter?
Topgolf Callaway Brands released its earnings results on Aug 07, 2024. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.273 by $0.147.
Is Topgolf Callaway Brands overvalued?
According to Wall Street analysts Topgolf Callaway Brands’s price is currently Undervalued.
Does Topgolf Callaway Brands pay dividends?
Topgolf Callaway Brands pays a Quarterly dividend of <$0.01 which represents an annual dividend yield of N/A. See more information on Topgolf Callaway Brands dividends here
What is Topgolf Callaway Brands’s EPS estimate?
Topgolf Callaway Brands’s EPS estimate is -$0.17.
How many shares outstanding does Topgolf Callaway Brands have?
Topgolf Callaway Brands has 183,805,000 shares outstanding.
What happened to Topgolf Callaway Brands’s price movement after its last earnings report?
Topgolf Callaway Brands reported an EPS of $0.42 in its last earnings report, beating expectations of $0.273. Following the earnings report the stock price went down -12.714%.
Which hedge fund is a major shareholder of Topgolf Callaway Brands?
Among the largest hedge funds holding Topgolf Callaway Brands’s share is Fisher Asset Management LLC. It holds Topgolf Callaway Brands’s shares valued at 50M.
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Topgolf Callaway Brands Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$14.38 (40.98% Upside)
$14.38 (40.98% Upside)
Blogger Sentiment
Bullish
MODG Sentiment 75%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 436.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-39.78%
12-Months-Change
Fundamentals
Return on Equity
0.54%
Trailing 12-Months
Asset Growth
1.52%
Trailing 12-Months
Company Description
Topgolf Callaway Brands
Callaway Golf Co. engages in the manufacture and distribution of golf equipment and accessories. It operates through the following segments: Golf Clubs, Golf Balls, and Gear, Accessories & Other. The Golf Clubs segment comprises of Callaway Golf woods, hybrids, irons and wedges, Odyssey putters, including Toulon Design putters by Odyssey, packaged sets and sales of pre-owned golf clubs. The Golf Balls segment designs, manufactures, and sells Callaway Golf and Strata golf balls. The Gear, Accessories, and Other segment consists of soft goods products which include golf apparel and footwear, golf bags, golf gloves, travel gear, headwear and other golf-related accessories, retail apparel sales from the firm's joint venture in Japan, and OGIO branded products. The company was founded by Ely Reeves Callaway, Jr. in 1982 and is headquartered in Carlsbad, CA.
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MODG Company Deck
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MODG Earnings Call
Q2 2024
0:00 / 0:00
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MODG Stock 12 Month Forecast
Average Price Target
$14.38
▲(40.98% Upside)
Technical Analysis
Acushnet Holdings
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Vista Outdoor
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Big 5 Sporting Goods
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Academy Sports and Outdoors
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Best Analysts Covering MODG
1 Year
1 Year Success Rate
11/20 ratings generated profit
1 Year Average Return
+10.28%
reiterated a buy rating 3 days ago
Copying George Kelly's trades and holding each position for 1 Year would result in 55.00% of your transactions generating a profit, with an average return of +10.28% per trade.
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