Q3 Earnings Estimate for MODG Issued By B. Riley

Topgolf Callaway Brands Corp. (NYSE:MODG) – Research analysts at B. Riley issued their Q3 2025 earnings per share (EPS) estimates for Topgolf Callaway Brands in a research report issued on Monday, August 11th. B. Riley analyst A. Glaessgen forecasts that the company will earn ($0.21) per share for the quarter. B. Riley currently has a “Neutral” rating and a $9.50 target price on the stock. The consensus estimate for Topgolf Callaway Brands’ current full-year earnings is $0.16 per share. B. Riley also issued estimates for Topgolf Callaway Brands’ Q4 2025 earnings at ($0.50) EPS, FY2025 earnings at ($0.35) EPS and FY2026 earnings at ($0.28) EPS.

Several other research firms have also recently weighed in on MODG. Wall Street Zen upgraded shares of Topgolf Callaway Brands from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. decreased their price objective on shares of Topgolf Callaway Brands from $8.00 to $7.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 27th. Cfra restated a “hold” rating and issued a $9.00 price objective on shares of Topgolf Callaway Brands in a research report on Friday, July 11th. Finally, Morgan Stanley assumed coverage on shares of Topgolf Callaway Brands in a research report on Friday, July 18th. They issued an “equal weight” rating and a $9.50 price objective on the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Topgolf Callaway Brands currently has a consensus rating of “Hold” and a consensus target price of $10.00.

Topgolf Callaway Brands Trading Up 10.7%

Shares of MODG opened at $9.66 on Wednesday. The company has a quick ratio of 1.25, a current ratio of 1.85 and a debt-to-equity ratio of 0.48. The business’s 50-day moving average price is $8.66 and its 200-day moving average price is $7.39. The stock has a market cap of $1.78 billion, a PE ratio of -1.19 and a beta of 1.26. Topgolf Callaway Brands has a twelve month low of $5.42 and a twelve month high of $12.03.

Topgolf Callaway Brands (NYSE:MODG) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.21. Topgolf Callaway Brands had a positive return on equity of 0.37% and a negative net margin of 36.08%. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the business posted $0.42 earnings per share. The company’s revenue was down 4.1% on a year-over-year basis.

Insider Transactions at Topgolf Callaway Brands

In other news, EVP Glenn F. Hickey bought 10,000 shares of the business’s stock in a transaction on Monday, May 19th. The stock was acquired at an average price of $6.86 per share, with a total value of $68,600.00. Following the completion of the purchase, the executive vice president directly owned 10,000 shares in the company, valued at $68,600. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Adebayo O. Ogunlesi bought 38,782 shares of the business’s stock in a transaction on Tuesday, June 10th. The stock was purchased at an average cost of $7.59 per share, with a total value of $294,355.38. Following the purchase, the director owned 845,284 shares of the company’s stock, valued at $6,415,705.56. This represents a 4.81% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 855,284 shares of company stock worth $5,602,200 in the last three months. Corporate insiders own 2.40% of the company’s stock.

Institutional Trading of Topgolf Callaway Brands

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Amundi boosted its stake in shares of Topgolf Callaway Brands by 9,780.7% during the second quarter. Amundi now owns 23,516 shares of the company’s stock valued at $189,000 after purchasing an additional 23,278 shares during the period. Marshall Wace LLP boosted its stake in shares of Topgolf Callaway Brands by 10,113.7% during the second quarter. Marshall Wace LLP now owns 4,691,786 shares of the company’s stock valued at $37,769,000 after purchasing an additional 4,645,850 shares during the period. Norges Bank purchased a new stake in shares of Topgolf Callaway Brands during the second quarter valued at approximately $132,000. Prudential Financial Inc. boosted its stake in shares of Topgolf Callaway Brands by 4.7% during the second quarter. Prudential Financial Inc. now owns 148,431 shares of the company’s stock valued at $1,263,000 after purchasing an additional 6,713 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of Topgolf Callaway Brands by 448.3% during the second quarter. American Century Companies Inc. now owns 1,314,939 shares of the company’s stock valued at $10,585,000 after purchasing an additional 1,075,115 shares during the period. 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.