Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Topgolf Callaway Brands Corp (NYSE: MODG) closed at $8.04 in the last session, up 3.21% from day before closing price of $7.79. In other words, the price has increased by $3.21 from its previous closing price. On the day, 2.8 million shares were traded. MODG stock price reached its highest trading level at $8.04 during the session, while it also had its lowest trading level at $7.65.
Ratios:
We take a closer look at MODG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.52. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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. 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 1477944960 and an Enterprise Value of 5486044672. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 1.302 whereas that against EBITDA is 12.129.
Stock Price History:
The Beta on a monthly basis for MODG is 1.67, which has changed by -0.4012298 over the last 52 weeks, in comparison to a change of 0.2000997 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 -1.81%, while the 200-Day Moving Average is calculated to be -31.40%.
Shares Statistics:
According to the various share statistics, MODG traded on average about 2.67M shares per day over the past 3-months and 2780820 shares per day over the past 10 days. A total of 190.20M shares are outstanding, with a floating share count of 130.85M. Insiders hold about 28.82% of the company’s shares, while institutions hold 71.12% 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.
Earnings Estimates
Investors are keenly observing as 10.0 analysts analyze and rate the current performance of Topgolf Callaway Brands Corp (MODG) in the stock market.The consensus estimate for the next quarter is $0.09, with high estimates of $0.17 and low estimates of $0.03.
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 $0.09, with 7.0 analysts recommending between $0.16 and $0.03.
Revenue Estimates
According to 10 analysts, the current quarter’s revenue is expected to be $885.01M. It ranges from a high estimate of $893M to a low estimate of $874M. As of the current estimate, Topgolf Callaway Brands Corp’s year-ago sales were $897.1MFor the next quarter, 10 analysts are estimating revenue of $1.17B. There is a high estimate of $1.19B for the next quarter, whereas the lowest estimate is $1.13B.
A total of 12 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 $4.35B in the next fiscal year. The high estimate is $4.53B and the low estimate is $4.25B.
