Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Topgolf Callaway Brands Corp’s stock clocked out at $6.91, up 2.37% from its previous closing price of $6.75. In other words, the price has increased by $2.37 from its previous closing price. On the day, 2.6 million shares were traded. MODG stock price reached its highest trading level at $6.965 during the session, while it also had its lowest trading level at $6.78.
Ratios:
To gain a deeper understanding of MODG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.94. In the meantime, Its Debt-to-Equity ratio is 1.85 whereas as Long-Term Debt/Eq ratio is at 1.80.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 02, 2025, Upgraded its rating to Buy and sets its target price to $13 from $11 previously.
On October 17, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $18 to $12.
Jefferies Downgraded its Buy to Hold on August 29, 2024, whereas the target price for the stock was revised from $40 to $12.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 10 ’24 when ANDERSON ERIK J sold 10,000 shares for $15.19 per share. The transaction valued at 151,900 led to the insider holds 767,959 shares of the business.
ANDERSON ERIK J sold 7,500 shares of MODG for $115,275 on May 14 ’24. The Director now owns 760,459 shares after completing the transaction at $15.37 per share.
Valuation Measures:
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 1267266304 and an Enterprise Value of 5286368768. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 1.247 whereas that against EBITDA is 11.076.
Stock Price History:
The Beta on a monthly basis for MODG is 1.48, which has changed by -0.55761844 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, MODG has reached a high of $16.89, while it has fallen to a 52-week low of $5.59. The 50-Day Moving Average of the stock is -4.47%, while the 200-Day Moving Average is calculated to be -32.68%.
Shares Statistics:
It appears that MODG traded 3.10M shares on average per day over the past three months and 2836840 shares per day over the past ten days. A total of 183.10M shares are outstanding, with a floating share count of 130.16M. Insiders hold about 29.03% of the company’s shares, while institutions hold 69.85% stake in the company. Shares short for MODG as of 1740700800 were 16797152 with a Short Ratio of 5.42, compared to 1738281600 on 14859394. Therefore, it implies a Short% of Shares Outstanding of 16797152 and a Short% of Float of 14.39.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.24. The current Payout Ratio is 0.00% for MODG, which recently paid a dividend on 2020-05-26 with an ex-dividend date of 1590451200. Stock splits for the company last occurred on 1995-03-13 when the company split stock in a 2:1 ratio.
