Topgolf Callaway Brands Corp. (MODG)
Market Cap | 2.41B |
Revenue (ttm) | 4.24B |
Net Income (ttm) | 99.40M |
Shares Out | 184.52M |
EPS (ttm) | 0.53 |
PE Ratio | 24.66 |
Forward PE | 27.01 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,813,063 |
Open | 12.17 |
Previous Close | 12.26 |
Day's Range | 12.13 - 13.08 |
52-Week Range | 9.84 - 25.96 |
Beta | 1.83 |
Analysts | Buy |
Price Target | 20.10 (+53.79%) |
Earnings Date | Nov 8, 2023 |
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. It operates through three segments: Topgolf; Golf Equipment; and Active Lifestyle. 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,... [Read more]
Financial Performance
In 2022, MODG's revenue was $4.00 billion, an increase of 27.52% compared to the previous year's $3.13 billion. Earnings were $157.90 million, a decrease of -50.96%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for MODG stock is "Buy." The 12-month stock price forecast is $20.1, which is an increase of 53.79% from the latest price.
News

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...

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 ...

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...

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 ...

Topgolf Stock Sinks. Blame Rough Guidance.
Chief Executive Officer Chip Brewer says the company is "taking decisive action" to cut costs.

Topgolf Callaway Brands shares tumble after cut to full-year forecast
Shares of Topgolf Callaway Brands slid 19% after hours on Wednesday after the golf-equipment and entertainment company cut its full-year sales and profit outlook and offered a weak fourth-quarter sale...

TOPGOLF CALLAWAY BRANDS ANNOUNCES THIRD QUARTER 2023 RESULTS
HIGHLIGHTS Topgolf continues to drive efficiencies and delivered strong venue-level margins. On-course golf participation and engagement remain strong; and Callaway sustained its strong U.S. market ...

Topgolf Mobile Opens Friday, Nov. 17
Alabama's third Topgolf venue will be located near the intersection of I-65 and Government Boulevard in the McGowan Park Shopping Center DALLAS , Nov. 2, 2023 /PRNewswire/ -- Modern golf entertainment...

Odyssey Golf Announces New Ai-ONE and Ai-ONE Milled Putters
CARLSBAD, Calif. , Nov. 1, 2023 /PRNewswire/ -- Today Odyssey Golf, an industry leader in putter innovation and the #1 Putter on Tour, announced its exceptional new lineup of Ai-ONE and Ai-ONE Milled ...

TOPGOLF CALLAWAY ACQUIRES BIGSHOTS GOLF, STRENGTHENING ITS LEADERSHIP IN OFF-COURSE GOLF
CARLSBAD, Calif. , Nov. 1, 2023 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) (the "Company" or "Topgolf Callaway Brands") announced today that it has purchased certain assets from Invite...

Topgolf Callaway Brands to Release Third Quarter 2023 Financial Results
CARLSBAD, Calif. , Oct. 31, 2023 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its third quarter 20...

Topgolf Venue No. 4 for Tennessee with the Oct. 27 Opening in Memphis
Located at 3450 S. Germantown Road, the venue is about 20 minutes from downtown Memphis DALLAS , Oct. 23, 2023 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open its...

Calling All Townies, Visitors and Everyone in Between: Topgolf Boston-Canton Opens Nov. 3
The state's first Topgolf venue will be located at 777 Dedham St. in Canton DALLAS , Oct. 19, 2023 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will open its first Mass...

Topgolf St. Louis-Midtown Opens Friday, Oct. 20
In the heart of St. Louis, the company's newest venue will be located at 3201 Chouteau Avenue DALLAS , Oct. 16, 2023 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will op...

Topgolf Enters New England with Opening of Rhode Island Venue
Topgolf's 91st global venue is located at 120 Sockanosset Cross Road in Cranston, Rhode Island DALLAS , Oct. 2, 2023 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will o...

TOPGOLF CALLAWAY BRANDS TO ATTEND J.P. MORGAN'S ENDLESS SUMMER RESTAURANT & LIFESTYLES FORUM
CARLSBAD, Calif. , Aug. 30, 2023 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) (the "Company") announced today that it will be attending the J.P.

2 Experiential Entertainment Stocks to Lift Your Game
Experiential entertainment is a form of entertainment that immerses you in an interactive experience. It's the opposite of passive consumption, like watching a movie or betting on a baseball game.

Topgolf Callaway stock drops 6% after company's Q2 revenue miss
Topgolf Callaway Brands Corp. MODG, -2.93% shares dropped more than 6% in the extended session Tuesday after the retailer reported a slightly lower-than-expected quarterly revenue. The company earned ...

TOPGOLF CALLAWAY BRANDS ANNOUNCES SECOND QUARTER 2023 RESULTS
HIGHLIGHTS Company delivered strong Q2 results consistent with expectations and reaffirms full year 2023 revenue and Adjusted EBITDA guidance Topgolf delivered same venue sales growth within the gui...

Topgolf Callaway Brands to Release Second Quarter 2023 Financial Results
CARLSBAD, Calif. , July 31, 2023 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its second quarter 2...

TOPGOLF CALLAWAY BRANDS WELCOMES KATINA METZIDAKIS AS VICE PRESIDENT OF INVESTOR RELATIONS AND CORPORATE COMMUNICATIONS
CARLSBAD, Calif. , July 18, 2023 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) (the "Company" or "Topgolf Callaway Brands") announced today that Katina Metzidakis has joined the Company a...

Callaway Golf and Jon Rahm Announce Long-Term Partnership Extension
The global golf superstar has won two major championships and eight worldwide events since joining Callaway in 2021. CARLSBAD, Calif.

Topgolf St. Petersburg Opens Friday, June 30
Just outside of Tampa, the company's newest venue will be located at 220 Carillon Parkway North DALLAS , June 26, 2023 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today it will...

Topgolf Callaway Brands: Teed Up for a Potential Rally?
Shares are currently in rally mode, advancing 13.60% in the past month, as they recover from a 13.12% gap lower following the company's first-quarter earnings report.

TOPGOLF CALLAWAY BRANDS TO ATTEND JEFFERIES CONSUMER CONFERENCE
CARLSBAD, Calif. , June 13, 2023 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) (the "Company") announced today that it will be attending the Jefferies Consumer Conference on June 20-21, 2...