Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Topgolf Callaway Brands (MODG)
NYSE:MODG
Topgolf Callaway Brands (MODG) Stock Price & Analysis
1,058 Followers
MODG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.84 - $20.14
Previous Close$15.31
Volume1.36M
Average Volume (3M)1.79M
Market Cap
$2.82B
Enterprise Value$5.52B
Total Cash (Recent Filing)$393.50M
Total Debt (Recent Filing)$3.09B
Price to Earnings (P/E)43.0
Beta1.29
Next Earnings
Aug 08, 2024EPS Estimate
$0.28Last Dividend Ex-Date
May 26, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)0.35
Shares Outstanding183,570,181
10 Day Avg. Volume1,647,790
30 Day Avg. Volume1,793,433
Standard Deviation0.14
R-Squared0.47
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)7.28
Price to Sales (P/S)3.12
Price to Cash Flow (P/CF)5.10
P/FCF Ratio7.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.29
Enterprise Value/Gross Profit2.08
Enterprise Value/Ebitda11.27
Forecast
1Y Price Target
$20.63Price Target Upside34.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Topgolf Callaway Brands News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMODG reported 1Q adjusted operating income 34% above consensus with operating efficiencies, favorable timing of expenses, and currency hedge gains more than offsetting a revenue shortfall.
Golf ParticipationIndustry data indicates positive golf participation.
Strategic MovesA South Korean strategic investor may reportedly be in discussions to acquire the Callaway Golf segment for approximately USD $2.98B.
Bears Say
Debt ConcernsThe current debt balance and the expectation of a growing debt balance as the Topgolf segment continues to expand remains a notable investor concern.
Revenue GuidanceManagement lowered the FY24 revenue outlook by $80M due to a $45M revenue reduction in Jack Wolfskin, $35M incremental FX headwind, and slight reduction at Topgolf.
Sales PerformanceMODG reported 1Q24 sales of $1,144mn, which came in below estimates.
---
Ownership Overview
34.50% Insiders
26.80% Mutual Funds
24.74% Other Institutional Investors
13.97% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
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 $20.14 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 Aug 08, 2024 which is in 17 days.
How were Topgolf Callaway Brands’s earnings last quarter?
Topgolf Callaway Brands released its earnings results on May 08, 2024. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.012 by $0.078.
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 $0.28.
How many shares outstanding does Topgolf Callaway Brands have?
Topgolf Callaway Brands has 183,972,290 shares outstanding.
What happened to Topgolf Callaway Brands’s price movement after its last earnings report?
Topgolf Callaway Brands reported an EPS of $0.09 in its last earnings report, beating expectations of $0.012. Following the earnings report the stock price went down -6.728%.
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.
---
Topgolf Callaway Brands Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.63 (34.75% Upside)
$20.63 (34.75% Upside)
Blogger Sentiment
Bullish
MODG Sentiment 80%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 605.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $267.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 2.8%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-23.45%
12-Months-Change
Fundamentals
Return on Equity
1.99%
Trailing 12-Months
Asset Growth
1.68%
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.
---
MODG Company Deck
---
MODG Earnings Call
Q1 2024
0:00 / 0:00
---
MODG Stock 12 Month Forecast
Average Price Target
$20.63
▲(34.75% Upside)
Technical Analysis
Dick's Sporting Goods
―
Sportsman's Warehouse
―
Acushnet Holdings
―
Fox Factory Holding
―
Best Analysts Covering MODG
1 Year
1 Year Success Rate
13/18 ratings generated profit
1 Year Average Return
+16.69%
reiterated a buy rating 5 months ago
Copying George Kelly's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +16.69% per trade.
---