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

$10.20
-0.40 (-3.77%)
(As of 09/6/2024 ET)
Today's Range
$10.18
$10.79
50-Day Range
$10.04
$16.50
52-Week Range
$9.84
$16.89
Volume
3.96 million shs
Average Volume
2.45 million shs
Market Capitalization
$1.87 billion
P/E Ratio
27.57
Dividend Yield
N/A
Price Target
$16.38

Topgolf Callaway Brands MarketRank™ Stock Analysis

Analyst Rating
Hold
2.15 Rating Score
Upside/​Downside
60.6% Upside
$16.38 Price Target
Short Interest
Bearish
13.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of Topgolf Callaway Brands in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-61.11%
From $0.18 to $0.07 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.

2.65 out of 5 stars

Consumer Discretionary Sector

162nd out of 269 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

7th out of 10 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

MODG Stock News Headlines

Topgolf Callaway Brands (NYSE:MODG) Earns "Buy" Rating from Roth Mkm
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Topgolf Callaway Brands to split into two companies
Topgolf Callaway Brands to split into two independent companies
Wall Street Breakfast Podcast: Topgolf, Callaway To Go Solo
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Topgolf Callaway Brands (NYSE:MODG) Shares Gap Down to $10.57
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$16.38
High Stock Price Target
$38.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+60.6%
Consensus Rating
Hold
Rating Score (0-4)
2.15
Research Coverage
13 Analysts

Profitability

Net Income
$95 million
Pretax Margin
0.15%

Debt

Sales & Book Value

Annual Sales
$4.24 billion
Cash Flow
$1.86 per share
Book Value
$21.40 per share

Miscellaneous

Free Float
178,999,000
Market Cap
$1.87 billion
Optionable
Optionable
Beta
1.74
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Key Executives


MODG Stock Analysis - Frequently Asked Questions

How have MODG shares performed this year?

Topgolf Callaway Brands' stock was trading at $14.34 at the beginning of 2024. Since then, MODG stock has decreased by 28.9% and is now trading at $10.20.
View the best growth stocks for 2024 here
.

How were Topgolf Callaway Brands' earnings last quarter?

Topgolf Callaway Brands Corp. (NYSE:MODG) released its earnings results on Wednesday, August, 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.14. The business's revenue for the quarter was down 1.9% compared to the same quarter last year.

Who are Topgolf Callaway Brands' major shareholders?

Top institutional shareholders of Topgolf Callaway Brands include Shapiro Capital Management LLC (5.76%), Dimensional Fund Advisors LP (4.71%), Leonard Green & Partners L.P. (3.46%) and American Century Companies Inc. (1.73%). Insiders that own company stock include Oliver G Brewer III, Brian P Lynch, Samuel H Armacost, Jennifer L Thomas, Laura Jean Flanagan and Rebecca Fine.
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 9/7/2024 by MarketBeat.com Staff

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