Topgolf Callaway Brands Corp. (MODG)

NYSE: MODG · IEX Real-Time Price · USD
13.07
+0.81 (6.61%)
At close: Dec 1, 2023, 4:00 PM
13.49
+0.42 (3.21%)
After-hours: Dec 1, 2023, 7:44 PM EST
6.61%
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]

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

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 Statements

Analyst 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.

Price Target
$20.1
(53.79% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

Other symbols: ALKAWIBLDRCYHEQHFIXHLI
2 days 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 ...

3 days 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...

3 days 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 ...

24 days ago - Market Watch

Topgolf Stock Sinks. Blame Rough Guidance.

Chief Executive Officer Chip Brewer says the company is "taking decisive action" to cut costs.

24 days ago - Barrons

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...

25 days ago - Market Watch

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 ...

25 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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 ...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

3 months ago - PRNewsWire

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.

Other symbols: PLAY
3 months ago - MarketBeat

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 ...

4 months ago - Market Watch

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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.

6 months ago - MarketBeat

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...

6 months ago - PRNewsWire