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After finishing at $6.09 in the prior trading day, Topgolf Callaway Brands Corp (NYSE: MODG) closed at $6.20, up 1.81%. In other words, the price has increased by $1.81 from its previous closing price. On the day, 5.01 million shares were traded.
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 2.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.13. 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:
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.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.47.
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 $5.95. The 50-Day Moving Average of the stock is -19.76%, while the 200-Day Moving Average is calculated to be -42.80%.
Shares Statistics:
A total of 183.10M shares are outstanding, with a floating share count of 130.41M. Insiders hold about 28.89% of the company’s shares, while institutions hold 69.74% stake in the company.
