Topgolf Callaway Brands Corp. (MODG)
Market Cap | 1.29B |
Revenue (ttm) | 4.21B |
Net Income (ttm) | -12.10M |
Shares Out | 183.82M |
EPS (ttm) | -0.07 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,296,883 |
Open | 7.38 |
Previous Close | 7.23 |
Day's Range | 6.98 - 7.44 |
52-Week Range | 6.98 - 16.89 |
Beta | 1.70 |
Analysts | Buy |
Price Target | 14.40 (+105.42%) |
Earnings Date | Feb 24, 2025 |
About 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 ... [Read more]
Financial Performance
In 2023, Topgolf Callaway Brands's revenue was $4.28 billion, an increase of 7.24% compared to the previous year's $4.00 billion. Earnings were $95.00 million, a decrease of -39.84%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for MODG stock is "Buy." The 12-month stock price forecast is $14.4, which is an increase of 105.42% from the latest price.
News
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Topgolf Callaway: Q4 Preview, A Costly Mistake With No Clear Turnaround - 'Sell'
The merger of Topgolf and Callaway was a strategic mistake, leading to high debt and damaging Callaway's premium brand image. Topgolf's revenue growth has slowed due to economic normalization, with de...
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Topgolf Callaway Brands to Release Fourth Quarter and Full Year 2024 Financial Results
CARLSBAD, Calif. , Feb. 17, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its fourth quarter a...
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Topgolf Launches Exclusive Experience Inspired by Marvel Studios' "Captain America: Brave New World" at all Topgolf U.S. Venues on Feb. 1
Enjoy the limited-time experience for free with Topgolf's Free Play Time deal DALLAS , Jan. 30, 2025 /PRNewswire/ -- Topgolf is proud to announce a brave new way to play with the launch of an all-new ...
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Five Iron Golf & Callaway Golf Partner to Launch Callaway Tour Fitting
Tour-Level Elite Fitting Experience Coming To All Five Iron Golf Locations Tour-Level Elite Fitting Experience Coming To All Five Iron Golf Locations
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Topgolf Officially Breaks Ground in Grand Prairie Near EpicCentral Entertainment District
The venue will be located near Mayfield Road along the President George Bush Turnpike DALLAS , Jan. 7, 2025 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it broke ground on ...
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Callaway Golf Announces New Elyte Family of Woods and Irons
The future of performance is Elyte with incredible new drivers, fairway woods, irons, and hybrids CARLSBAD, Calif. , Jan. 2, 2025 /PRNewswire/ -- Today Callaway Golf, one of the industry's leaders in ...
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Topgolf Callaway Brands: A Bogey At These Prices Looks Improbable
Topgolf Callaway Brands' shares have plummeted 47% in 2024 and 79.3% from their peak, but the decline seems extreme given the company's fundamentals. Management plans to split Topgolf and Callaway Gol...
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Mississippi's First Topgolf Opens Its Doors on Friday, Dec. 20
The two-level venue in Ridgeland sits northeast of the Renaissance at Colony Park DALLAS , Dec. 5, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today that at long last, it w...
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Topgolf To Open One of Its Largest Venues Yet in Burlingame On Dec. 13
The three-level venue features 108 hitting bays and sits along Bayshore Freeway (Hwy 101) and Airport Drive DALLAS , Dec. 2, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced tod...
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Topgolf Adds Avon to its 2025 Lineup of Venue Openings
The venue will be located along Chester Road near the I-90 and Nagel Road intersection DALLAS , Dec. 2, 2024 /PRNewswire/ -- Topgolf announced today it broke ground on a two-level venue located in Avo...
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Topgolf Callaway Brands: No Signs Of Recovery In Sight
I maintain a sell rating on Topgolf Callaway Brands due to poor revenue performance, weak consumer spending, and ineffective growth initiatives. MODG's 3Q24 earnings showed a 2.7% y/y revenue decline,...
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Topgolf Breaks Ground on Second Venue in Minnesota
The venue will be located at 560 Bielenberg Drive in Woodbury, MN DALLAS , Nov. 21, 2024 /PRNewswire/ -- Topgolf announced today it recently broke ground on a three-level venue in Woodbury, Minnesota...
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Topgolf Callaway Brands Corp (MODG) Q3 2024 Earnings Call Transcript
Topgolf Callaway Brands Corp (NYSE:MODG) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Katina Metzidakis - Vice President of Investor Relations and Corporate Comm...
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TOPGOLF CALLAWAY BRANDS ANNOUNCES THIRD QUARTER 2024 RESULTS
HIGHLIGHTS Q3 Consolidated Revenues and Adjusted EBITDA were ahead of expectations. The Callaway brand maintained its #1 position in U.S. market share in total golf clubs and achieved record U.S. mark...
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Topgolf Callaway Brands to Release Third Quarter 2024 Financial Results
CARLSBAD, Calif. , Nov. 5, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its third quarter 202...
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Topgolf Callaway Brands Publishes 2022-2023 Sustainability Report
CARLSBAD, Calif. , Oct. 29, 2024 /PRNewswire/ -- Topgolf Callaway Brands (NYSE: MODG) ("Topgolf Callaway Brands" or the "Company") is pleased to announce the release of its 2022-2023 Sustainability Re...
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Discover the Newest Place to Play at Topgolf Akron Opening Nov. 8
Half-price gameplay offer invites Players to 'come play around' DALLAS, Texas , Oct. 24, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open Topgolf Akron on Nov...
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TOPGOLF BREAKS GROUND ON 14th TEXAS VENUE IN NEW BRAUNFELS
The long-awaited venue will be located at 427 Creekside Way DALLAS , Oct. 21, 2024 /PRNewswire/ -- Topgolf announced today it broke ground on a two-level venue located in New Braunfels Town Center at ...
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Topgolf Callaway Brands Launches Beginner-Friendly Golf Equipment Site, Topgolf Shop
The website features golf clubs, balls and accessories for beginner golfers DALLAS , Oct. 3, 2024 /PRNewswire/ -- Topgolf and Topgolf Callaway Brands Corp. (NYSE: MODG) announced today the launch of ...
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There's a New Game in Town as Topgolf Bryan Opens Oct. 18
Half-price gameplay offer invites Players to discover the newest place to play DALLAS , Oct. 3, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open Topgolf Bryan...
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Topgolf launches a golfing experience on Fortnite's UEFN platform
Topgolf announced the launch of its interactive Fortnite map on UEFN, where players can partake of minigames themed after Topgolf's games.
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Topgolf Callaway: The Breakup Is A Great Idea
The split of Topgolf and Callaway is expected to maximize shareholder value by allowing each brand to focus on their core business models independently. Topgolf's capital-intensive nature has been a d...
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Topgolf Callaway Brands Enters into Multiyear Strategic Agreement with Golf Saudi
CARLSBAD, Calif. , Sept. 19, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) continues its global expansion by entering into a multiyear agreement with Golf Saudi Entertainment, LLC ("...
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Topgolf Sent Callaway Into the Rough
Duffers are ruining things for Topgolf Callaway MODG -9.05%decrease; red down pointing triangle.