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After finishing at $8.30 in the prior trading day, Topgolf Callaway Brands Corp (NYSE: MODG) closed at $8.42, up 1.45%. In other words, the price has increased by $1.45 from its previous closing price. On the day, 0.91 million shares were traded. MODG stock price reached its highest trading level at $8.44 during the session, while it also had its lowest trading level at $8.275.
Ratios:
Our goal is to gain a better understanding of MODG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.11. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 1.13 whereas as Long-Term Debt/Eq ratio is at 1.09.
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, B. Riley Securities on October 17, 2024, Downgraded its rating to Neutral and sets its target price to $12 from $18 previously.
On August 29, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $40 to $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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. On Feb 15 ’24, another insider, ANDERSON ERIK J, who serves as the Director of the company, sold 10,000 shares for $15.12 each. As a result, the insider received 151,200 and left with 782,959 shares of the company.
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 1547798144 and an Enterprise Value of 5555897344. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 1.319 whereas that against EBITDA is 12.284.
Stock Price History:
Over the past 52 weeks, MODG has reached a high of $16.89, while it has fallen to a 52-week low of $7.95. The 50-Day Moving Average of the stock is -13.82%, while the 200-Day Moving Average is calculated to be -36.23%.
Shares Statistics:
The stock has traded on average 2.84M shares per day over the past 3-months and 2338130 shares per day over the last 10 days, according to various share statistics. A total of 183.70M shares are outstanding, with a floating share count of 130.71M. Insiders hold about 28.89% of the company’s shares, while institutions hold 70.86% stake in the company. Shares short for MODG as of 1731628800 were 15731138 with a Short Ratio of 5.54, compared to 1728950400 on 16800944. Therefore, it implies a Short% of Shares Outstanding of 15731138 and a Short% of Float of 13.430000999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.24.
Earnings Estimates
The current assessment of Topgolf Callaway Brands Corp (MODG) involves the perspectives of 9.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.09, with high estimates of $0.17 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.13 and $0.08 for the fiscal current year, implying an average EPS of $0.11. EPS for the following year is $0.07, with 9.0 analysts recommending between $0.2 and -$0.16.
Revenue Estimates
9 analysts predict $885.46M in revenue for the current quarter. It ranges from a high estimate of $891.42M to a low estimate of $882.32M. As of the current estimate, Topgolf Callaway Brands Corp’s year-ago sales were $897.1MFor the next quarter, 9 analysts are estimating revenue of $1.17B. There is a high estimate of $1.19B for the next quarter, whereas the lowest estimate is $1.14B.
A total of 10 analysts have provided revenue estimates for MODG’s current fiscal year. The highest revenue estimate was $4.21B, while the lowest revenue estimate was $4.19B, resulting in an average revenue estimate of $4.2B. In the same quarter a year ago, actual revenue was $4.28BBased on 13 analysts’ estimates, the company’s revenue will be $4.37B in the next fiscal year. The high estimate is $4.55B and the low estimate is $4.25B.
