Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Topgolf Callaway Brands Corp (NYSE: MODG) closed at $6.15 in the last session, down -0.81% from day before closing price of $6.20. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 2.31 million shares were traded. MODG stock price reached its highest trading level at $6.365 during the session, while it also had its lowest trading level at $6.085.
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 2.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.02. 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:
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.
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 1137055104 and an Enterprise Value of 5146987520. 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. Its current Enterprise Value per Revenue stands at 1.214 whereas that against EBITDA is 10.784.
Stock Price History:
The Beta on a monthly basis for MODG is 1.26, which has changed by -0.6009085 over the last 52 weeks, in comparison to a change of 0.05279863 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 $5.42. The 50-Day Moving Average of the stock is -7.14%, while the 200-Day Moving Average is calculated to be -35.29%.
Shares Statistics:
According to the various share statistics, MODG traded on average about 3.18M shares per day over the past 3-months and 4148140 shares per day over the past 10 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 69.27% stake in the company. Shares short for MODG as of 1743379200 were 17422723 with a Short Ratio of 5.48, compared to 1740700800 on 16797152. Therefore, it implies a Short% of Shares Outstanding of 17422723 and a Short% of Float of 14.92.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.24.
