In the latest session, Topgolf Callaway Brands Corp. (NYSE: MODG) closed at $17.27 up 3.04% from its previous closing price of $16.76. In other words, the price has increased by $+0.51 from its previous closing price. On the day, 4144446 shares were traded. MODG stock price reached its highest trading level at $17.33 during the session, while it also had its lowest trading level at $16.62.
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For a deeper understanding of Topgolf Callaway Brands Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.47.
Upgrades & Downgrades
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 22 when Fine Rebecca bought 7,000 shares for $16.23 per share. The transaction valued at 113,610 led to the insider holds 21,012 shares of the business.
ANDERSON ERIK J sold 10,000 shares of MODG for $181,200 on May 17. The Director now owns 862,959 shares after completing the transaction at $18.12 per share. On May 15, another insider, ANDERSON ERIK J, who serves as the Director of the company, sold 10,000 shares for $17.93 each. As a result, the insider received 179,300 and left with 872,959 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MODG now has a Market Capitalization of 3.21B and an Enterprise Value of 6.59B. As of this moment, Topgolf’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.67, and their Forward P/E ratio for the next fiscal year is 19.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 1.60 whereas that against EBITDA is 14.37.
Stock Price History:
Over the past 52 weeks, MODG has reached a high of $25.96, while it has fallen to a 52-week low of $16.13. The 50-Day Moving Average of the stock is 20.80, while the 200-Day Moving Average is calculated to be 21.31.
For the past three months, MODG has traded an average of 2.07M shares per day and 4.34M over the past ten days. A total of 185.20M shares are outstanding, with a floating share count of 152.66M. Insiders hold about 0.20% of the company’s shares, while institutions hold 80.80% stake in the company. Shares short for MODG as of May 14, 2023 were 10.84M with a Short Ratio of 10.28M, compared to 9.5M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.84% and a Short% of Float of 7.61%.
There are 10 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.28, while EPS last year was $0.47. The consensus estimate for the next quarter is $0.3, with high estimates of $0.37 and low estimates of $0.25.
Analysts are recommending an EPS of between $0.68 and $0.62 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is $0.88, with 10 analysts recommending between $1.3 and $0.77.
A total of 12 analysts believe the company’s revenue will be $1.19B this quarter.It ranges from a high estimate of $1.21B to a low estimate of $1.18B. As of the current estimate, Topgolf Callaway Brands Corp.’s year-ago sales were $1.12B, an estimated increase of 6.70% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $1.12B, an increase of 13.00% over than the figure of $6.70% in the same quarter last year. There is a high estimate of $1.13B for the next quarter, whereas the lowest estimate is $1.1B.
A total of 12 analysts have provided revenue estimates for MODG’s current fiscal year. The highest revenue estimate was $4.47B, while the lowest revenue estimate was $4.43B, resulting in an average revenue estimate of $4.45B. In the same quarter a year ago, actual revenue was $4B, up 11.40% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $4.89B in the next fiscal year. The high estimate is $5.15B and the low estimate is $4.7B. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.