Topgolf Callaway Brands (NYSE:MODG - Get Free Report) is projected to post its quarterly earnings results after the market closes on Monday, February 24th. Analysts expect Topgolf Callaway Brands to post earnings of ($0.40) per share and revenue of $884.76 million for the quarter. Investors that wish to listen to the company's conference call can do so using this link.
Topgolf Callaway Brands Stock Performance
Shares of MODG traded down $0.22 during mid-day trading on Friday, hitting $7.02. The company's stock had a trading volume of 2,689,271 shares, compared to its average volume of 2,835,669. The stock's 50-day moving average is $7.98 and its two-hundred day moving average is $9.33. The firm has a market capitalization of $1.29 billion, a PE ratio of -87.68 and a beta of 1.70. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.14 and a current ratio of 1.93. Topgolf Callaway Brands has a one year low of $6.98 and a one year high of $16.89.
Wall Street Analyst Weigh In
MODG has been the topic of several research analyst reports. Truist Financial decreased their price target on shares of Topgolf Callaway Brands from $14.00 to $12.00 and set a "buy" rating on the stock in a research report on Tuesday, January 7th. Jefferies Financial Group raised Topgolf Callaway Brands from a "hold" rating to a "buy" rating and lifted their target price for the stock from $11.00 to $13.00 in a research report on Thursday, January 2nd. JPMorgan Chase & Co. cut their price target on Topgolf Callaway Brands from $11.00 to $9.00 and set a "neutral" rating for the company in a report on Thursday, January 23rd. Roth Mkm reissued a "buy" rating and set a $16.00 price objective (down previously from $17.00) on shares of Topgolf Callaway Brands in a report on Thursday, November 14th. Finally, The Goldman Sachs Group cut their target price on Topgolf Callaway Brands from $14.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, November 14th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Topgolf Callaway Brands has an average rating of "Hold" and an average price target of $14.36.
Check Out Our Latest Stock Report on Topgolf Callaway Brands
Topgolf Callaway Brands Company Profile
(
Get Free Report)
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.
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