Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Topgolf Callaway Brands Corp (NYSE: MODG) was $6.02 for the day, down -10.55% from the previous closing price of $6.73. In other words, the price has decreased by -$10.55 from its previous closing price. On the day, 2.67 million shares were traded. MODG stock price reached its highest trading level at $6.37 during the session, while it also had its lowest trading level at $5.89.
Ratios:
Our analysis of MODG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.75. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1104043904 and an Enterprise Value of 5123146240. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 1.208 whereas that against EBITDA is 10.734.
Stock Price History:
The Beta on a monthly basis for MODG is 1.26, which has changed by -0.63404256 over the last 52 weeks, in comparison to a change of 0.036926866 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 -13.56%, while the 200-Day Moving Average is calculated to be -39.28%.
Shares Statistics:
MODG traded an average of 2.96M shares per day over the past three months and 2308590 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 69.81% stake in the company. Shares short for MODG as of 1741910400 were 17155409 with a Short Ratio of 5.79, compared to 1739491200 on 15198886. Therefore, it implies a Short% of Shares Outstanding of 17155409 and a Short% of Float of 14.7.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.24.
