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After finishing at $7.58 in the prior trading day, Topgolf Callaway Brands Corp (NYSE: MODG) closed at $7.30, down -3.69%. In other words, the price has decreased by -$3.69 from its previous closing price. On the day, 2.92 million shares were traded. MODG stock price reached its highest trading level at $7.635 during the session, while it also had its lowest trading level at $7.29.
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 3.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.64. 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, 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:
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 1393387648 and an Enterprise Value of 5350014976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 1.27 whereas that against EBITDA is 11.828.
Stock Price History:
The Beta on a monthly basis for MODG is 1.68, which has changed by -0.4397635 over the last 52 weeks, in comparison to a change of 0.21659255 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 $7.22. The 50-Day Moving Average of the stock is -10.14%, while the 200-Day Moving Average is calculated to be -36.85%.
Shares Statistics:
The stock has traded on average 2.67M shares per day over the past 3-months and 2599210 shares per day over the last 10 days, according to various share statistics. A total of 190.20M shares are outstanding, with a floating share count of 130.80M. Insiders hold about 28.85% of the company’s shares, while institutions hold 71.34% stake in the company. Shares short for MODG as of 1736899200 were 15749249 with a Short Ratio of 5.89, compared to 1734048000 on 15290335. Therefore, it implies a Short% of Shares Outstanding of 15749249 and a Short% of Float of 13.44.
Dividends & Splits
The 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.
