For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Topgolf Callaway Brands Corp’s stock clocked out at $7.23, down -1.63% from its previous closing price of $7.35. In other words, the price has decreased by -$1.63 from its previous closing price. On the day, 1.91 million shares were traded.
Ratios:
To gain a deeper understanding of MODG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.56. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
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.
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 $7.13. The 50-Day Moving Average of the stock is -9.57%, while the 200-Day Moving Average is calculated to be -35.77%.
Shares Statistics:
A total of 190.20M shares are outstanding, with a floating share count of 130.75M. Insiders hold about 28.87% of the company’s shares, while institutions hold 69.59% stake in the company.
