Topgolf Callaway Brands Corp. (MODG)

NYSE: MODG · IEX Real-Time Price · USD
14.90
-0.10 (-0.67%)
At close: Jul 2, 2024, 4:00 PM
14.75
-0.15 (-1.01%)
After-hours: Jul 2, 2024, 7:05 PM EDT
-0.67%
Market Cap 2.74B
Revenue (ttm) 4.26B
Net Income (ttm) 76.50M
Shares Out 183.97M
EPS (ttm) 0.41
PE Ratio 36.34
Forward PE 42.63
Dividend n/a
Ex-Dividend Date n/a
Volume 1,720,295
Open 15.00
Previous Close 15.00
Day's Range 14.76 - 15.05
52-Week Range 9.84 - 20.75
Beta 1.80
Analysts Buy
Price Target 18.73 (+25.71%)
Earnings Date Aug 6, 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, MODG'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 11 analysts, the average rating for MODG stock is "Buy." The 12-month stock price forecast is $18.73, which is an increase of 25.71% from the latest price.

Price Target
$18.73
(25.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Topgolf Callaway Brands Joins Forces with Visa

The multiyear agreement brings with it co-promotional opportunities and select benefits for Cash App cardholders CARLSBAD, Calif. , June 20, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: M...

12 days ago - PRNewsWire

Special Olympics and Topgolf to Partner in New Inclusive Fundraiser on September 27

Golf fans of all abilities can register now for the Unified Fore Joy ProAm WASHINGTON , June 6, 2024 /PRNewswire/ -- Special Olympics and modern golf entertainment leader Topgolf will play host to the...

26 days ago - PRNewsWire

Topgolf Introduces New Announcers in the Latest Iteration of its "Come Play Around" Campaign

Delivering value for Players in a fun and memorable way is at the heart of the campaign DALLAS , June 6, 2024 /PRNewswire/ -- A typical golf announcer speaks in a calm and respectable manner. The grav...

26 days ago - PRNewsWire

Topgolf Kicks Off Its Summer of Play by Giving Players Even More Reasons to Come Play Around

A free game play offer, $50K cash prize sweepstakes, limited time menu items and ice cream truck tour await from Topgolf DALLAS , June 3, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf ...

4 weeks ago - PRNewsWire

SCORE Sports Names Joe Flannery Chief Executive Officer

TORRANCE, Calif.--(BUSINESS WIRE)--SCORE Sports, a leading designer, manufacturer, and seller of sports uniforms, apparel, and equipment, today announced that it has named Joe Flannery as Chief Execut...

5 weeks ago - Business Wire

Topgolf Names Maryam Morse as Chief People Officer

Morse joins Topgolf from Dallas-based Andrews Distributing DALLAS , May 22, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today that Maryam Morse has been named its new Chief...

5 weeks ago - PRNewsWire

Topgolf Selects PepsiCo as Official Beverage Partner

PepsiCo and Topgolf Launch Eight-Year Partnership Offering the Chance to Win Eight Years of Free Topgolf and PepsiCo Beverages DALLAS , May 15, 2024 /PRNewswire/ -- Modern golf entertainment leader To...

6 weeks ago - PRNewsWire

TOPGOLF CALLAWAY BRANDS ANNOUNCES STRONG FIRST QUARTER 2024 RESULTS

HIGHLIGHTS Q1 Revenue of $1.144 billion and Topgolf same venue sales of -7% – both in line with expectations. Net Income of $7 million, Non-GAAP Net Income of $16 million and Adjusted EBITDA of $161 m...

7 weeks ago - PRNewsWire

Topgolf Callaway Brands to Release First Quarter 2024 Financial Results

CARLSBAD, Calif., May 1, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its first quarter 2024 ...

2 months ago - PRNewsWire

Topgolf Opens Its Doors in Montebello, California, on May 3

The three-level venue sits adjacent to the fully redesigned Montebello Golf Course DALLAS , April 18, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open in Mont...

2 months ago - PRNewsWire

Topgolf Callaway In Full Swing

With golf season in full swing, The Chart Master is on the tee to look at the technicals on the chart of Topgolf Callaway (MODG). #investing #golf #callawaygolf #masters #topgolf #stockmarket #stocks ...

2 months ago - Schwab Network

Long-Awaited Topgolf Durham Opens Friday, April 12

Topgolf's third North Carolina venue will be located at 4901 Topgolf Way in Durham DALLAS , April 1, 2024 /PRNewswire/ -- At long last, modern golf entertainment leader Topgolf announced today it's op...

3 months ago - PRNewsWire

TOPGOLF CALLAWAY BRANDS SUCCESSFULLY COMPLETES DEBT REPRICING

CARLSBAD, Calif. , March 21, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) ("Topgolf Callaway Brands" or the "Company") today announced the repricing of its term loan, thereby loweri...

3 months ago - PRNewsWire

TOPGOLF CALLAWAY ISSUES STATEMENT ON RECENT MEDIA REPORTS

CARLSBAD, Calif. , March 20, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) ("Topgolf Callaway Brands" or the "Company") today issued the following statement:   While it is our long-s...

3 months ago - PRNewsWire

TOPGOLF CALLAWAY BRANDS ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2023 RESULTS

HIGHLIGHTS   Consolidated full year revenue growth of 7%. Consolidated Cash from Operations of $365 million and $221 million of Embedded Cash Flow.1 Topgolf business delivers full year 1% Same Venue S...

5 months ago - PRNewsWire

Topgolf Callaway Brands to Release Fourth Quarter and Full-Year 2023 Financial Results

CARLSBAD, Calif. , Feb. 6, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its fourth quarter an...

5 months ago - PRNewsWire

Callaway Golf Announces New Paradym Ai Smoke Woods and Irons

Real player data combined with revolutionary technology helped create the new Ai Smart Face. Multiple sweet spots across the face are designed to unlock added distance for every player.

6 months ago - PRNewsWire

Callaway Golf Announces New Chrome Tour, Chrome Tour X, and Chrome Soft Golf Balls

CARLSBAD, Calif. , Jan. 3, 2024 /PRNewswire/ -- Today Callaway Golf, one of the industry's leaders in equipment design, performance, and innovation, announced their new line of Chrome Tour, Chrome Tou...

6 months ago - PRNewsWire

Topgolf Breaks Ground in Greensboro, North Carolina

The two-level venue will be located along I-40 at Guilford College Road DALLAS , Dec. 20, 2023 /PRNewswire/ -- Topgolf announced today it recently broke ground on a two-level venue in Greensboro, Nort...

6 months ago - PRNewsWire

Topgolf Little Rock Opens Friday, Dec. 22

Arkansas' second Topgolf venue will be located at 5 Topgolf Way off I-430 at Colonel Glenn Road DALLAS , Dec. 7, 2023 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it's wrap...

7 months ago - PRNewsWire

Callaway vs Titleist's Acushnet: The better golf stock to buy?

Topgolf Callaway Brands (NYSE: MODG) and Acushnet Holdings (NYSE: GOLF) stock prices have diverged in 2023. While GOLF shares have jumped by 35% this year, Callaway's stock is down by almost 30%.

Other symbols: GOLF
7 months ago - Invezz

Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

Other symbols: ALKAWIBLDRCYHEQHFIXHLI
7 months ago - PRNewsWire

Topgolf Lafayette Opens Friday, Dec. 15

Louisiana's second Topgolf venue will be located in the Ambassador Town Center approximately 15 minutes from downtown Lafayette DALLAS , Nov. 30, 2023 /PRNewswire/ -- Modern golf entertainment leader ...

7 months ago - PRNewsWire

Topgolf Pompano Beach Grand Opens Friday, Dec. 15

Florida's ninth Topgolf venue will be conveniently located off I-95 at the intersection of Powerline Boulevard and Race Track Road DALLAS , Nov. 30, 2023 /PRNewswire/ -- Modern golf entertainment lead...

7 months ago - PRNewsWire

Topgolf Callaway stock has its worst day in more than 3 years. But analysts say golf equipment's not the problem.

Shares of Topgolf Callaway Brands Corp. on Thursday suffered their worst percentage drop in more than three years, after the golf-equipment and venue giant a day earlier cut its full-year outlook and ...

8 months ago - Market Watch