Topgolf Callaway Brands Corp. (MODG)
NYSE: MODG · IEX Real-Time Price · USD
16.14
+0.52 (3.33%)
At close: Mar 27, 2024, 4:00 PM
16.20
+0.06 (0.37%)
After-hours: Mar 27, 2024, 7:39 PM EDT
Topgolf Callaway Brands Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for MODG stock have an average target of 18.11, with a low estimate of 10 and a high estimate of 31. The average target predicts an increase of 12.21% from the current stock price of 16.14.
Analyst Consensus: Buy
* Price targets were last updated on Feb 14, 2024.
Analyst Ratings
The average analyst rating for MODG stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
Buy | 3 | 2 | 2 | 2 | 2 | 2 |
Hold | 1 | 4 | 4 | 4 | 4 | 4 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 9 | 11 | 11 | 11 | 11 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keybanc | Keybanc | Buy Maintains $20 → $18 | Buy | Maintains | $20 → $18 | +11.52% | Feb 14, 2024 |
Raymond James | Raymond James | Buy Maintains $14 → $16 | Buy | Maintains | $14 → $16 | -0.87% | Jan 4, 2024 |
Goldman Sachs | Goldman Sachs | Hold Maintains $20 → $13 | Hold | Maintains | $20 → $13 | -19.45% | Nov 10, 2023 |
Morgan Stanley | Morgan Stanley | Sell Maintains $13 → $10 | Sell | Maintains | $13 → $10 | -38.04% | Nov 10, 2023 |
Truist Securities | Truist Securities | Strong Buy Maintains $25 → $18 | Strong Buy | Maintains | $25 → $18 | +11.52% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
4.61B
from 4.28B
Increased by 7.59%
Revenue Next Year
4.94B
from 4.61B
Increased by 7.16%
EPS This Year
0.30
from 0.50
Decreased by -40.64%
EPS Next Year
0.44
from 0.30
Increased by 48.80%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 4.8B | 5.2B | 5.4B | 6.2B |
Avg | 4.6B | 4.9B | 5.1B | 6.0B |
Low | 4.4B | 4.6B | 4.7B | 5.8B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 11.5% | 12.8% | 9.5% | 20.4% |
Avg | 7.6% | 7.2% | 4.0% | 16.9% |
Low | 1.8% | 0.3% | -3.9% | 12.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 0.37 | 0.72 | 0.92 | 0.76 |
Avg | 0.30 | 0.44 | 0.66 | 0.73 |
Low | 0.24 | 0.25 | 0.49 | 0.71 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | -26.5% | 144.1% | 109.2% | 15.2% |
Avg | -40.6% | 48.8% | 48.6% | 11.9% |
Low | -53.0% | -17.5% | 10.9% | 7.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.