Topgolf Callaway Brands Corp. (MODG)

NYSE: MODG · Real-Time Price · USD
8.41
+0.26 (3.13%)
Nov 21, 2024, 10:54 AM EST - Market open
3.13%
Market Cap 1.55B
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 560,588
Open 8.12
Previous Close 8.15
Day's Range 8.01 - 8.41
52-Week Range 7.96 - 16.89
Beta 1.76
Analysts Hold
Price Target 14.70 (+74.9%)
Earnings Date Nov 12, 2024

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]

Industry Leisure
IPO Date Feb 27, 1992
Employees 32,000
Stock Exchange NYSE
Ticker Symbol MODG
Full Company Profile

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for MODG stock is "Hold." The 12-month stock price forecast is $14.7, which is an increase of 74.90% from the latest price.

Price Target
$14.7
(74.90% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

1 hour ago - PRNewsWire

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...

8 days ago - Seeking Alpha

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...

8 days ago - PRNewsWire

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...

15 days ago - PRNewsWire

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...

22 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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 ...

4 weeks ago - PRNewsWire

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 ...

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

2 months ago - VentureBeat

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...

2 months ago - Seeking Alpha

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 ("...

2 months ago - PRNewsWire

Topgolf Sent Callaway Into the Rough

Duffers are ruining things for Topgolf Callaway MODG -9.05%decrease; red down pointing triangle.

2 months ago - WSJ

Three-Stock Lunch: Target, Exxon Mobil, and Topgolf

Boris Schlossberg, managing director of FX Strategy at BK Asset Management, joins 'Power Lunch' to discuss his investing take on three stocks: Target, Exxon Mobil, and Topgolf.

Other symbols: XOMTGT
2 months ago - CNBC Television

Herb Greenberg on the dealmaking landscape for U.S. Steel, Verizon and Topgolf

Herb Greenberg, Herb Greenberg on the Street editor, joins 'Squawk on the Street' to discuss the current dealmaking environment, what to glean from the Topgolf deal, and much more.

Other symbols: VZX
2 months ago - CNBC Television

Topgolf Callaway Stock Rises on Plans To Split Just 3 Years After Merger

Shares of Topgolf Callaway Brands (MODG) rose about 5% in premarket trading Thursday, a day after announcing plans to split back into two separate companies just three years after their merger was com...

2 months ago - Investopedia

Topgolf Callaway wants to split up after a little more than three years. Here's what could complicate the breakup.

After some three-and-a-half years together, Topgolf — a driving-range and entertainment chain — and Callaway, a maker of golf clubs and golf balls, could soon find themselves on their own.

2 months ago - Market Watch

TOPGOLF CALLAWAY BRANDS ANNOUNCES INTENT TO SEPARATE INTO TWO INDEPENDENT COMPANIES

Separation Will Create a Leading Golf Equipment and Active Lifestyle Company with Strong Free Cash Flow and the Category Leading, High-Growth, Pure-Play Venue-Based Golf Entertainment Business  Both B...

2 months ago - PRNewsWire

Topgolf Greensboro Opens Its Doors Friday, Sept. 13

The two-level venue will be located along I-40 at Guilford College Road DALLAS , Aug. 29, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open Topgolf Greensboro ...

3 months ago - PRNewsWire

Avoid Topgolf's stock, as nothing has worked to boost traffic, analyst says

Shares of Topgolf Callaway Brands Corp. sank toward a nine-month low Friday as the continued deterioration of traffic at the golf lifestyle and equipment company's venues prompted a double downgrade a...

3 months ago - Market Watch

Top 3 Consumer Stocks That Are Set To Fly This Month

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: GNSRRGB
3 months ago - Benzinga

First Topgolf in Iowa Opens Its Doors in Des Moines on Friday, Sept. 6

The two-level venue sits within The Parkways development in West Des Moines DALLAS , Aug. 22, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open its first venue...

3 months ago - PRNewsWire

Topgolf Callaway Brands Corp.: Rating Downgrade On Poor SVS Performance

I revised my rating from buy to sell. I now have very little confidence in SVS growth given the weak discretionary spending environment, and poor results from initiatives implemented. MODG's 2Q24 perf...

3 months ago - Seeking Alpha

Topgolf Callaway Likely To Spin-Off Topgolf Business

On August 7, 2024, Topgolf Callaway Brands Corp. (NYSE: MODG, $11.73, Market Capitalization: $2.2 billion), a prominent player in golf equipment and entertainment, announced that it is conducting a fo...

3 months ago - Forbes

Topgolf Callaway Brands Corp (MODG) Q2 2024 Earnings Call Transcript

Topgolf Callaway Brands Corp (NYSE:MODG) Q2 2024 Results Conference Call August 7, 2024 5:00 PM ET Company Participants Katina Metzidakis - VP, IR & Corporate Communications Chip Brewer - President &...

3 months ago - Seeking Alpha