Q2 EPS Forecast for Topgolf Callaway Brands Cut by Analyst

Topgolf Callaway Brands Corp. (NYSE:MODG - Free Report) - Research analysts at Roth Capital decreased their Q2 2025 earnings per share (EPS) estimates for Topgolf Callaway Brands in a research report issued on Thursday, November 14th. Roth Capital analyst G. Kelly now forecasts that the company will post earnings per share of $0.14 for the quarter, down from their previous forecast of $0.17. The consensus estimate for Topgolf Callaway Brands' current full-year earnings is $0.17 per share.

Several other equities research analysts have also recently commented on the stock. Raymond James cut shares of Topgolf Callaway Brands from an "outperform" rating to an "underperform" rating in a research report on Friday, August 23rd. KeyCorp downgraded Topgolf Callaway Brands from an "overweight" rating to a "sector weight" rating in a report on Thursday, August 8th. Morgan Stanley dropped their price target on Topgolf Callaway Brands from $11.00 to $10.00 and set an "underweight" rating on the stock in a research report on Thursday, August 8th. Jefferies Financial Group lowered Topgolf Callaway Brands from a "buy" rating to a "hold" rating and lowered their price objective for the company from $40.00 to $12.00 in a research report on Thursday, August 29th. Finally, Bank of America reduced their target price on shares of Topgolf Callaway Brands from $14.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday, September 12th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $14.92.

Topgolf Callaway Brands Trading Down 4.4 %

Shares of MODG traded down $0.38 during mid-day trading on Monday, hitting $8.17. 2,634,565 shares of the company's stock traded hands, compared to its average volume of 2,515,397. The company has a quick ratio of 1.15, a current ratio of 1.93 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $1.50 billion, a P/E ratio of -106.74, a PEG ratio of 5.39 and a beta of 1.75. The business's 50-day moving average price is $10.07 and its 200-day moving average price is $12.77. Topgolf Callaway Brands has a 1 year low of $8.16 and a 1 year high of $16.89.

Institutional Investors Weigh In On Topgolf Callaway Brands

Several institutional investors have recently modified their holdings of the business. Louisiana State Employees Retirement System boosted its holdings in shares of Topgolf Callaway Brands by 1.0% during the 2nd quarter. Louisiana State Employees Retirement System now owns 71,100 shares of the company's stock valued at $1,088,000 after acquiring an additional 700 shares during the last quarter. Creative Planning grew its position in Topgolf Callaway Brands by 6.8% in the 2nd quarter. Creative Planning now owns 22,201 shares of the company's stock worth $340,000 after purchasing an additional 1,415 shares during the period. SG Americas Securities LLC raised its stake in Topgolf Callaway Brands by 5.2% during the 2nd quarter. SG Americas Securities LLC now owns 36,961 shares of the company's stock valued at $566,000 after buying an additional 1,819 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Topgolf Callaway Brands by 2.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 78,434 shares of the company's stock valued at $1,200,000 after buying an additional 1,888 shares during the last quarter. Finally, Blair William & Co. IL lifted its holdings in shares of Topgolf Callaway Brands by 2.0% during the 1st quarter. Blair William & Co. IL now owns 96,389 shares of the company's stock valued at $1,559,000 after buying an additional 1,899 shares during the period. 84.69% of the stock is owned by hedge funds and other institutional investors.

About Topgolf Callaway Brands

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.