Should I buy or sell Topgolf Callaway Brands stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Topgolf Callaway Brands in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MODG shares. View MODG analyst ratings or view top-rated stocks .

What is Topgolf Callaway Brands' stock price target for 2024?

10 Wall Street analysts have issued 1-year price objectives for Topgolf Callaway Brands' shares. Their MODG share price targets range from $10.00 to $38.00. On average, they predict the company's stock price to reach $20.64 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price. View analysts price targets for MODG or view top-rated stocks among Wall Street analysts .

How have MODG shares performed in 2024?

Topgolf Callaway Brands' stock was trading at $14.34 at the beginning of the year. Since then, MODG stock has increased by 8.1% and is now trading at $15.50. View the best growth stocks for 2024 here .

When is Topgolf Callaway Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our MODG earnings forecast .

How were Topgolf Callaway Brands' earnings last quarter?

Topgolf Callaway Brands Corp. (NYSE:MODG) released its quarterly earnings results on Tuesday, February, 13th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.34) by $0.04. The company earned $897.10 million during the quarter, compared to analyst estimates of $867.25 million. Topgolf Callaway Brands had a net margin of 2.22% and a trailing twelve-month return on equity of 2.39%. Topgolf Callaway Brands's quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the company earned ($0.27) earnings per share.

What ETFs hold Topgolf Callaway Brands' stock?

ETFs with the largest weight of Topgolf Callaway Brands (NYSE:MODG) stock in their portfolio include Motley Fool Small-Cap Growth ETF (TMFS) , MFAM Small-Cap Growth ETF (MFMS) , Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) , Invesco S&P SmallCap 600 Pure Value ETF (RZV) , Nuveen Small Cap Select ETF (NSCS) , Harbor Small Cap Explorer ETF (QWST) , iShares S&P Small-Cap 600 Value ETF (IJS) and SPDR S&P 600 Small CapValue ETF (SLYV) .

What guidance has Topgolf Callaway Brands issued on next quarter's earnings?

Topgolf Callaway Brands updated its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Who are Topgolf Callaway Brands' major shareholders?

Topgolf Callaway Brands' stock is owned by many different retail and institutional investors. Top institutional investors include Hodges Capital Management Inc. (0.84%), Thompson Investment Management Inc. (0.18%), Profit Investment Management LLC (0.14%), State of Alaska Department of Revenue (0.05%), First Dallas Securities Inc. (0.04%) and NBC Securities Inc. (0.03%). Insiders that own company stock include Brian P Lynch , Erik J Anderson, Jennifer L Thomas, Laura Jean Flanagan , Oliver G Brewer III , Rebecca Fine and Samuel H Armacost. 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 .

NYSE:MODG

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

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$15.60

+0.19 (+1.23%)

(As of 04/19/2024 ET)

Compare

Today's Range: $15.41
▼
$15.66
50-Day Range: $13.41
▼
$16.50
52-Week Range: $9.84
▼
$23.01

Volume: 1.37 million shs
Average Volume: 2.60 million shs
Market Capitalization: $2.86 billion

P/E Ratio: 33.91
Dividend Yield: N/A
Price Target: $20.64

Get Topgolf Callaway Brands alerts:

Topgolf Callaway Brands MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 33.1% Upside
$20.64 Price Target
Short Interest: Healthy
10.40% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.58
Based on 4 Articles This Week
Insider Trading: Selling Shares
$102,744 Sold Last Quarter
Proj. Earnings Growth: 34.48%
From $0.29 to $0.39 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.

3.79 out of 5 stars

Consumer Discretionary Sector

75th out of 262 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

3rd out of 9 stocks

3.3

Analyst's Opinion

Consensus Rating
Topgolf Callaway Brands has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Topgolf Callaway Brands has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
10.40% of the float of Topgolf Callaway Brands has been sold short.
Short Interest Ratio / Days to Cover
Topgolf Callaway Brands has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in Topgolf Callaway Brands has recently decreased by 8.05%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Topgolf Callaway Brands does not currently pay a dividend.
Dividend Growth
Topgolf Callaway Brands does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MODG.

2.0

News and Social Media Coverage

News Sentiment
Topgolf Callaway Brands has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Topgolf Callaway Brands this week, compared to 4 articles on an average week.
Search Interest
Only 9 people have searched for MODG on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.
MarketBeat Follows
10 people have added Topgolf Callaway Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Topgolf Callaway Brands insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $102,744.00 in company stock.
Percentage Held by Insiders
11.97% of the stock of Topgolf Callaway Brands is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
84.69% of the stock of Topgolf Callaway Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Topgolf Callaway Brands are expected to grow by 34.48% in the coming year, from $0.29 to $0.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Topgolf Callaway Brands is 33.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Topgolf Callaway Brands is 33.70, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.77.
Price to Earnings Growth Ratio
Topgolf Callaway Brands has a PEG Ratio of 1.67. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Topgolf Callaway Brands has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

MODG Stock News Headlines

April 18, 2024 | prnewswire.com

Topgolf Opens Its Doors in Montebello, California, on May 3

April 16, 2024 | americanbankingnews.com

Topgolf Callaway Brands Corp. (NYSE:MODG) Receives Average Recommendation of "Moderate Buy" from Brokerages

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 14, 2024 | americanbankingnews.com

Topgolf Callaway Brands (NYSE:MODG) Rating Reiterated by Tigress Financial

April 12, 2024 | msn.com

Topgolf Callaway (NYSE:MODG): A Good Stock to Capitalize on Golf’s Growing Popularity, Says Analyst

April 11, 2024 | msn.com

The Masters tees off, putting spotlight on golf, sports and gaming stocks

April 5, 2024 | fool.com

Why Topgolf Callaway Stock Was a Solid Hit in March

April 1, 2024 | prnewswire.com

Long-Awaited Topgolf Durham Opens Friday, April 12

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 22, 2024 | fool.com

TopGolf Callaway Was Soaring This Week: Here's Why

March 22, 2024 | finanznachrichten.de

Topgolf Callaway Brands Corp.: Topgolf Callaway Brands Successfully Completes Debt Repricing

March 21, 2024 | prnewswire.com

TOPGOLF CALLAWAY BRANDS SUCCESSFULLY COMPLETES DEBT REPRICING

March 21, 2024 | seekingalpha.com

Topgolf: New AI Products, Denial Of Sale Talks, And Cheap

March 20, 2024 | msn.com

Topgolf Callaway spikes after unconfirmed report of potential sale

March 20, 2024 | finance.yahoo.com

TOPGOLF CALLAWAY ISSUES STATEMENT ON RECENT MEDIA REPORTS

March 20, 2024 | finance.yahoo.com

Topgolf Callaway Trims Gain After Denying Report on Deal

March 20, 2024 | fool.com

Why Topgolf Callaway Brands Stock Is Driving Higher Today

March 20, 2024 | investorplace.com

Why Are Stocks Up Today?

March 20, 2024 | investorplace.com

Why Is Topgolf Callaway (MODG) Stock Up 12% Today?

March 3, 2024 | realmoney.thestreet.com

Topgolf Callaway price target raised by $2 at JPMorgan, here's why

February 21, 2024 | finance.yahoo.com

Does Topgolf Callaway Brands Corp. (MODG) Have Significant Room for Growth?

February 14, 2024 | markets.businessinsider.com

Balancing Growth Prospects and Market Challenges: A Hold Rating for Topgolf Callaway Brands

February 14, 2024 | finance.yahoo.com

Topgolf Callaway Brands Corp. (NYSE:MODG) Q4 2023 Earnings Call Transcript

February 14, 2024 | finance.yahoo.com

Why Is Topgolf Callaway (MODG) Stock Rocketing Higher Today

February 14, 2024 | finanznachrichten.de

Topgolf Callaway Brands Corp.: Topgolf Callaway Brands Announces Fourth Quarter And Full-year 2023 Results

February 14, 2024 | markets.businessinsider.com

Analysts Are Neutral on These Consumer Cyclical Stocks: Topgolf Callaway Brands (MODG), Temple & Webster Group Ltd (TPLWF)

February 14, 2024 | markets.businessinsider.com

Buy Rating Reaffirmed for Topgolf Callaway Amid Strong Q4 Results and Positive Multi-Year Outlook

See More Headlines

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Company Calendar

Last Earnings: 2/13/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Sporting & athletic goods, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:MODG
CUSIP: N/A
CIK: 837465
Web: www.callawaygolf.com
Phone: (760) 931-1771
Fax: 760-931-8013
Employees: 32,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $20.64
High Stock Price Target: $38.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +33.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.46
Trailing P/E Ratio: 33.63
Forward P/E Ratio: 53.34
P/E Growth: 1.67
Net Income: $95 million
Net Margins: 2.22%
Pretax Margin: 0.81%
Return on Equity: 2.39%
Return on Assets: 1.03%

Debt

Debt-to-Equity Ratio: 0.39
Current Ratio: 1.72
Quick Ratio: 0.88

Sales & Book Value

Annual Sales: $4.28 billion
Price / Sales: 0.66
Cash Flow: $1.82 per share
Price / Cash Flow: 8.52
Book Value: $21.02 per share
Price / Book: 0.74

Miscellaneous

Outstanding Shares: 183,600,000
Free Float: 161,621,000
Market Cap: $2.84 billion
Optionable: Optionable
Beta: 1.87

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Key Executives

Mr. Oliver G. Brewer III (Age 60)
President, CEO & Director
Comp: $3.74M
Mr. Brian P. Lynch (Age 62)
Executive VP, Chief Legal Officer & CFO
Comp: $1.65M
Mr. Mark F. Leposky (Age 59)
Executive VP & Chief Supply Chain Officer
Comp: $1.27M
Mr. Glenn F. Hickey (Age 62)
Executive VP & President of Callaway Golf
Comp: $1.27M
Mr. Arthur Francis Starrs III (Age 47)
Chief Executive Officer of Topgolf International
Comp: $2.04M
Ms. Jennifer Thomas (Age 48)
Senior VP & Chief Accounting Officer
Ms. Katina Metzidakis
Vice President of Investor Relations & Corporate Communications
Ms. Rebecca A. Fine (Age 61)
Executive VP & Chief People Officer
Mr. Neil Howie (Age 61)
MD & President of Europe, Middle East & Africa
Comp: $714.68k
Sean Toulon
Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MODG Stock Analysis - Frequently Asked Questions

Should I buy or sell Topgolf Callaway Brands stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Topgolf Callaway Brands in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MODG shares.
View MODG analyst ratings or view top-rated stocks.
What is Topgolf Callaway Brands' stock price target for 2024?: 10 Wall Street analysts have issued 1-year price objectives for Topgolf Callaway Brands' shares. Their MODG share price targets range from $10.00 to $38.00. On average, they predict the company's stock price to reach $20.64 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price.
View analysts price targets for MODG or view top-rated stocks among Wall Street analysts.
How have MODG shares performed in 2024?: Topgolf Callaway Brands' stock was trading at $14.34 at the beginning of the year. Since then, MODG stock has increased by 8.1% and is now trading at $15.50.
View the best growth stocks for 2024 here.
When is Topgolf Callaway Brands' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our MODG earnings forecast.
How were Topgolf Callaway Brands' earnings last quarter?: Topgolf Callaway Brands Corp. (NYSE:MODG) released its quarterly earnings results on Tuesday, February, 13th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.34) by $0.04. The company earned $897.10 million during the quarter, compared to analyst estimates of $867.25 million. Topgolf Callaway Brands had a net margin of 2.22% and a trailing twelve-month return on equity of 2.39%. Topgolf Callaway Brands's quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the company earned ($0.27) earnings per share.

What ETFs hold Topgolf Callaway Brands' stock?: ETFs with the largest weight of Topgolf Callaway Brands (NYSE:MODG) stock in their portfolio include Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Nuveen Small Cap Select ETF (NSCS), Harbor Small Cap Explorer ETF (QWST), iShares S&P Small-Cap 600 Value ETF (IJS) and SPDR S&P 600 Small CapValue ETF (SLYV).
What guidance has Topgolf Callaway Brands issued on next quarter's earnings?: Topgolf Callaway Brands updated its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.
Who are Topgolf Callaway Brands' major shareholders?: Topgolf Callaway Brands' stock is owned by many different retail and institutional investors. Top institutional investors include Hodges Capital Management Inc. (0.84%), Thompson Investment Management Inc. (0.18%), Profit Investment Management LLC (0.14%), State of Alaska Department of Revenue (0.05%), First Dallas Securities Inc. (0.04%) and NBC Securities Inc. (0.03%). Insiders that own company stock include Brian P Lynch, Erik J Anderson, Jennifer L Thomas, Laura Jean Flanagan, Oliver G Brewer III, Rebecca Fine and Samuel H Armacost.
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 4/19/2024 by MarketBeat.com Staff

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

Topgolf Callaway Brands MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Topgolf Callaway Brands Stock (NYSE:MODG)

MODG Stock Price History

MODG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MODG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™