Topgolf Callaway Brands Corp. (NYSE:MODG – Free Report) – Roth Capital lowered their Q1 2025 earnings per share estimates for shares of Topgolf Callaway Brands in a research report issued on Tuesday, February 25th. Roth Capital analyst G. Kelly now forecasts that the company will earn ($0.04) per share for the quarter, down from their prior estimate of $0.06. The consensus estimate for Topgolf Callaway Brands’ current full-year earnings is $0.16 per share. Roth Capital also issued estimates for Topgolf Callaway Brands’ Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.41) EPS and FY2025 earnings at ($0.52) EPS.
MODG has been the subject of a number of other research reports. The Goldman Sachs Group cut their target price on shares of 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. JPMorgan Chase & Co. reduced their price objective on 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. Jefferies Financial Group upgraded Topgolf Callaway Brands from a “hold” rating to a “buy” rating and increased their target price for the stock from $11.00 to $13.00 in a report on Thursday, January 2nd. Roth Mkm reaffirmed a “buy” rating and issued a $11.00 price target (down from $16.00) on shares of Topgolf Callaway Brands in a report on Tuesday. Finally, Truist Financial decreased their price objective on shares of Topgolf Callaway Brands from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Topgolf Callaway Brands presently has an average rating of “Hold” and an average target price of $13.91.
Topgolf Callaway Brands Price Performance
NYSE:MODG opened at $6.83 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.93 and a debt-to-equity ratio of 0.37. The firm has a market cap of $1.25 billion, a PE ratio of -85.30 and a beta of 1.70. Topgolf Callaway Brands has a 12 month low of $6.11 and a 12 month high of $16.89. The company’s 50-day moving average price is $7.89 and its two-hundred day moving average price is $9.14.
Topgolf Callaway Brands (NYSE:MODG – Get Free Report) last issued its earnings results on Monday, February 24th. The company reported ($0.33) EPS for the quarter, beating the consensus estimate of ($0.40) by $0.07. The company had revenue of $924.40 million for the quarter, compared to the consensus estimate of $1.13 billion. Topgolf Callaway Brands had a negative net margin of 0.29% and a positive return on equity of 1.20%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in MODG. Vanguard Group Inc. raised its stake in shares of Topgolf Callaway Brands by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 15,860,996 shares of the company’s stock worth $124,667,000 after buying an additional 224,578 shares during the last quarter. Shapiro Capital Management LLC grew its holdings in Topgolf Callaway Brands by 3.6% during the 4th quarter. Shapiro Capital Management LLC now owns 10,520,632 shares of the company’s stock worth $82,692,000 after acquiring an additional 366,192 shares during the period. Geode Capital Management LLC grew its holdings in Topgolf Callaway Brands by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 3,255,232 shares of the company’s stock worth $35,749,000 after acquiring an additional 22,003 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Topgolf Callaway Brands by 14.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,286,719 shares of the company’s stock valued at $17,974,000 after acquiring an additional 291,052 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Topgolf Callaway Brands by 97.6% in the 4th quarter. Alliancebernstein L.P. now owns 2,152,565 shares of the company’s stock valued at $16,919,000 after purchasing an additional 1,063,033 shares during the period. 84.69% of the stock is currently owned by institutional investors and hedge funds.
Topgolf Callaway Brands Company Profile
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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