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Topgolf Callaway Brands (MODG)
NYSE:MODG
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MODG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.25 - $16.89
Previous Close$7.29
Volume5.56M
Average Volume (3M)2.45M
Market Cap
$1.34B
Enterprise Value$3.89B
Total Cash (Recent Filing)$441.90M
Total Debt (Recent Filing)$2.99B
Price to Earnings (P/E)―
Beta1.12
Next Earnings
Feb 05, 2025EPS Estimate
-$0.41Last Dividend Ex-Date
May 26, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-0.08
Shares Outstanding183,823,936
10 Day Avg. Volume2,369,474
30 Day Avg. Volume2,448,852
Standard Deviation0.15
R-Squared0.36
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.35
Price to Sales (P/S)0.32
Price to Cash Flow (P/CF)1.80
P/FCF Ratio3.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.92
Enterprise Value/Gross Profit1.47
Enterprise Value/Ebitda11.46
Forecast
1Y Price Target
$11.78Price Target Upside58.12% Upside
Rating ConsensusHold
Number of Analyst Covering10
Topgolf Callaway Brands News
PremiumCompany Announcements
Topgolf Callaway Brands Exceeds Q3 Expectations
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement raised FY24 adjusted EBITDA expectations for Topgolf, reflecting cost management initiatives.
Market OpportunitiesThere is a supportive long-term total addressable market in the golf industry, with Callaway holding a leading market share in golf clubs.
Strategic InitiativesThe planned separation into two independent companies should eventually help to unlock shareholder value for stand-alone Callaway, given the elevated post-pandemic golf participation levels and the opportunity for the company to leverage its strong market shares in equipment, balls, and clothing.
Bears Say
Financial PerformanceThe total company's Operating Expenses as a percentage of sales are up 400bps in two years, pressuring EPS and EBITDA into FY25.
Outlook And GuidanceManagement lowered the FY24 adjusted EPS outlook and revenue guidance due to lower-than-expected sell-throughs in the Golf Equipment and Active Lifestyle segments.
Topgolf SalesTopgolf's same-venue sales decreased by 11%, with both ticket and traffic contributing to the decline.
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Ownership Overview
2.26% Insiders
19.11% Mutual Funds
32.91% Other Institutional Investors
21.30% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MODG FAQ
What was Topgolf Callaway Brands’s price range in the past 12 months?
Topgolf Callaway Brands lowest stock price was $7.25 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 Feb 05, 2025 which is in 46 days.
How were Topgolf Callaway Brands’s earnings last quarter?
Topgolf Callaway Brands released its earnings results on Nov 12, 2024. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of -$0.172 by $0.192.
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 $0.009 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 -$0.41.
How many shares outstanding does Topgolf Callaway Brands have?
Topgolf Callaway Brands has 183,823,930 shares outstanding.
What happened to Topgolf Callaway Brands’s price movement after its last earnings report?
Topgolf Callaway Brands reported an EPS of $0.02 in its last earnings report, beating expectations of -$0.172. Following the earnings report the stock price went down -9.216%.
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 12M.
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Topgolf Callaway Brands Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$11.78 (58.12% Upside)
$11.78 (58.12% Upside)
Blogger Sentiment
Bullish
MODG Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.37%
12-Months-Change
Fundamentals
Return on Equity
-0.31%
Trailing 12-Months
Asset Growth
1.96%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a mix of positive developments in market leadership and financial management, especially in the Golf Equipment segment, alongside challenges in Topgolf same venue sales and the Active Lifestyle segment. Although there are strong areas of performance, particularly in product innovation and market positioning, the negative trends in revenue guidance and venue sales balance the overall sentiment.Read More>---
MODG Stock 12 Month Forecast
Average Price Target
$11.78
▲(58.12% Upside)
Technical Analysis
Best Analysts Covering MODG
1 Year
1 Year Success Rate
11/21 ratings generated profit
1 Year Average Return
+5.52%
reiterated a buy rating last month
Copying George Kelly's trades and holding each position for 1 Year would result in 52.38% of your transactions generating a profit, with an average return of +5.52% per trade.
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