Q1 EPS Estimate for Topgolf Callaway Brands Cut by Analyst

Topgolf Callaway Brands Corp. (NYSE:MODG - Free Report) - Equities researchers at Roth Capital decreased their Q1 2025 earnings per share estimates for shares of Topgolf Callaway Brands in a report released on Tuesday, February 25th. Roth Capital analyst G. Kelly now forecasts that the company will post earnings of ($0.04) per share for the quarter, down from their previous forecast of $0.06. The consensus estimate for Topgolf Callaway Brands' current full-year earnings is $0.16 per share. Roth Capital also issued estimates for Topgolf Callaway Brands' Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.41) EPS and FY2025 earnings at ($0.52) EPS.

Topgolf Callaway Brands (NYSE:MODG - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.40) by $0.07. The firm had revenue of $924.40 million during the quarter, compared to analyst estimates of $1.13 billion. Topgolf Callaway Brands had a positive return on equity of 1.20% and a negative net margin of 0.29%.

Several other equities analysts have also issued reports on MODG. JPMorgan Chase & Co. lowered their price target on Topgolf Callaway Brands from $11.00 to $9.00 and set a "neutral" rating for the company in a research report on Thursday, January 23rd. Jefferies Financial Group upgraded Topgolf Callaway Brands from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $11.00 to $13.00 in a report on Thursday, January 2nd. Truist Financial reduced their price objective on Topgolf Callaway Brands from $14.00 to $12.00 and set a "buy" rating for the company in a report on Tuesday, January 7th. The Goldman Sachs Group reduced their price objective on Topgolf Callaway Brands from $14.00 to $12.00 and set a "neutral" rating for the company in a report on Thursday, November 14th. Finally, Roth Mkm reiterated a "buy" rating and issued a $11.00 price objective (down from $16.00) on shares of Topgolf Callaway Brands in a report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $13.91.

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Topgolf Callaway Brands Stock Up 0.1 %

Shares of MODG traded up $0.01 during trading hours on Thursday, hitting $6.53. The company had a trading volume of 3,111,370 shares, compared to its average volume of 3,099,048. The firm has a fifty day moving average price of $7.86 and a 200-day moving average price of $9.07. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.14 and a current ratio of 1.93. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of -81.55 and a beta of 1.70. Topgolf Callaway Brands has a 52-week low of $6.11 and a 52-week high of $16.89.

Institutional Investors Weigh In On Topgolf Callaway Brands

A number of large investors have recently made changes to their positions in the company. Augustine Asset Management Inc. grew its stake in shares of Topgolf Callaway Brands by 7.4% during the 4th quarter. Augustine Asset Management Inc. now owns 21,843 shares of the company's stock valued at $172,000 after purchasing an additional 1,500 shares during the period. MetLife Investment Management LLC grew its stake in shares of Topgolf Callaway Brands by 2.9% during the 4th quarter. MetLife Investment Management LLC now owns 82,820 shares of the company's stock valued at $651,000 after acquiring an additional 2,303 shares during the period. Tidal Investments LLC grew its stake in shares of Topgolf Callaway Brands by 11.6% during the 4th quarter. Tidal Investments LLC now owns 24,898 shares of the company's stock valued at $196,000 after acquiring an additional 2,596 shares during the period. Crossmark Global Holdings Inc. grew its stake in shares of Topgolf Callaway Brands by 7.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 37,329 shares of the company's stock valued at $293,000 after acquiring an additional 2,712 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Topgolf Callaway Brands by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 80,716 shares of the company's stock valued at $634,000 after acquiring an additional 3,084 shares during the period. 84.69% of the stock is currently owned by institutional investors.

Topgolf Callaway Brands Company Profile

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.