FY2026 Earnings Forecast for MODG Issued By KeyCorp

Topgolf Callaway Brands Corp. (NYSE:MODG) – Stock analysts at KeyCorp issued their FY2026 EPS estimates for shares of Topgolf Callaway Brands in a research note issued to investors on Wednesday, April 16th. KeyCorp analyst N. Zatzkin forecasts that the company will post earnings per share of ($0.50) for the year. The consensus estimate for Topgolf Callaway Brands’ current full-year earnings is $0.16 per share.

Topgolf Callaway Brands (NYSE:MODG) last released its quarterly earnings results on Monday, February 24th. The company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($0.40) by $0.07. Topgolf Callaway Brands had a positive return on equity of 1.20% and a negative net margin of 0.29%. The firm had revenue of $924.40 million for the quarter, compared to analysts’ expectations of $1.13 billion.

A number of other equities analysts also recently issued reports on MODG. Jefferies Financial Group raised shares of Topgolf Callaway Brands from a “hold” rating to a “buy” rating and raised their price objective for the stock from $11.00 to $13.00 in a report on Thursday, January 2nd. JPMorgan Chase & Co. dropped their price target on shares of Topgolf Callaway Brands from $11.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, January 23rd. Truist Financial decreased their target price on Topgolf Callaway Brands from $12.00 to $7.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, Roth Mkm reissued a “buy” rating and set a $11.00 price target (down previously from $16.00) on shares of Topgolf Callaway Brands in a report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, Topgolf Callaway Brands presently has an average rating of “Hold” and an average price target of $11.00.

Topgolf Callaway Brands Trading Down 0.1 %

Shares of NYSE:MODG opened at $6.15 on Friday. The stock’s 50-day simple moving average is $6.48 and its two-hundred day simple moving average is $7.98. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of -76.80 and a beta of 1.47. Topgolf Callaway Brands has a 52-week low of $5.42 and a 52-week high of $16.89. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.14 and a current ratio of 1.93.

Institutional Trading of Topgolf Callaway Brands

Several institutional investors have recently made changes to their positions in the business. Asset Planning Inc bought a new position in Topgolf Callaway Brands in the 4th quarter worth approximately $33,000. Sterling Capital Management LLC lifted its holdings in shares of Topgolf Callaway Brands by 821.5% in the fourth quarter. Sterling Capital Management LLC now owns 4,543 shares of the company’s stock worth $36,000 after buying an additional 4,050 shares in the last quarter. KBC Group NV boosted its position in shares of Topgolf Callaway Brands by 81.8% during the fourth quarter. KBC Group NV now owns 8,330 shares of the company’s stock worth $65,000 after acquiring an additional 3,749 shares during the last quarter. Covestor Ltd grew its stake in Topgolf Callaway Brands by 147.2% during the fourth quarter. Covestor Ltd now owns 9,286 shares of the company’s stock valued at $73,000 after acquiring an additional 5,530 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC bought a new stake in Topgolf Callaway Brands in the 1st quarter valued at $66,000. Hedge funds and other institutional investors own 84.69% of the company’s stock.

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.