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Topgolf Callaway Brands (MODG)
NYSE:MODG
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MODG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.22 - $16.89
Previous CloseN/A
Volume625.91K
Average Volume (3M)2.73M
Market Cap
$1.49B
Enterprise Value$6.01B
Total Cash (Recent Filing)$125.97M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.07
Next Earnings
Feb 05, 2025EPS Estimate
-0.41Last Dividend Ex-Date
May 26, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-0.08
Shares Outstanding183,823,930
10 Day Avg. Volume3,419,724
30 Day Avg. Volume2,733,485
Standard Deviation0.15
R-Squared0.36
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.35
Price to Cash Flow (P/CF)2.00
P/FCF Ratio3.50
Enterprise Value/Market Cap4.04
Enterprise Value/Revenue1.43
Enterprise Value/Gross Profit2.26
Enterprise Value/Ebitda17.69
Forecast
1Y Price Target
$11.70Price Target Upside44.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Topgolf Callaway Brands News
Bulls Say, Bears Say
Bulls Say
Financial Performance3Q24 results exceed expectations with net revenue of $1.013B coming in above estimates.
Golf Industry GrowthGolf rounds nationwide saw their largest year-on-year increase since 2020, indicating robust tailwinds in the golf sector.
Shareholder ValueThe planned separation into two independent companies should eventually help to unlock shareholder value for stand-alone Callaway, given the elevated post-pandemic golf participation levels and the opportunity for the company to leverage its strong market shares in equipment, balls, and clothing.
Bears Say
Financial GuidanceManagement lowers 2024 guidance for net revenue and AEBITDA, indicating challenges ahead.
Operational ChallengesConcerns around execution missteps are confirmed as the acquired Topgolf's sales growth is projected to decline.
Sales PerformanceTopgolf's same-venue sales decreased by 11%, with both ticket and traffic contributing to the decline.
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Ownership Overview
2.26% Insiders
19.25% Mutual Funds
1.18% Other Institutional Investors
52.61% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MODG FAQ
What was Topgolf Callaway Brands’s price range in the past 12 months?
Topgolf Callaway Brands lowest stock price was $7.22 and its highest was $16.89 in the past 12 months.
What is Topgolf Callaway Brands’s market cap?
Topgolf Callaway Brands’s market cap is $1.49B.
When is Topgolf Callaway Brands’s upcoming earnings report date?
Topgolf Callaway Brands’s upcoming earnings report date is Feb 05, 2025 which is in 18 days.
How were Topgolf Callaway Brands’s earnings last quarter?
Topgolf Callaway Brands released its earnings results on Nov 12, 2024. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of -$0.172 by $0.192.
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 $0.009 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 -0.41.
How many shares outstanding does Topgolf Callaway Brands have?
Topgolf Callaway Brands has 183,823,930 shares outstanding.
What happened to Topgolf Callaway Brands’s price movement after its last earnings report?
Topgolf Callaway Brands reported an EPS of $0.02 in its last earnings report, beating expectations of -$0.172. Following the earnings report the stock price went down -9.216%.
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 12M.
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Topgolf Callaway Brands Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$11.70 (44.62% Upside)
$11.70 (44.62% Upside)
Blogger Sentiment
Bullish
MODG Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.6%
Last 30 Days ▲ 3.2%
Last 30 Days ▲ 3.2%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.41%
12-Months-Change
Fundamentals
Return on Equity
-0.31%
Trailing 12-Months
Asset Growth
1.96%
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.
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MODG Company Deck
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MODG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a mix of positive developments in market leadership and financial management, especially in the Golf Equipment segment, alongside challenges in Topgolf same venue sales and the Active Lifestyle segment. Although there are strong areas of performance, particularly in product innovation and market positioning, the negative trends in revenue guidance and venue sales balance the overall sentiment.Read More>---
MODG Stock 12 Month Forecast
Average Price Target
$11.70
▲(44.62% Upside)
Technical Analysis
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Best Analysts Covering MODG
1 Year
1 Year Success Rate
11/21 ratings generated profit
1 Year Average Return
+6.88%
reiterated a buy rating 2 months ago
Copying George Kelly's trades and holding each position for 1 Year would result in 52.38% of your transactions generating a profit, with an average return of +6.88% per trade.
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