Equities Analysts Issue Forecasts for MODG Q2 Earnings

Topgolf Callaway Brands Corp. (NYSE:MODG) – Stock analysts at Roth Capital decreased their Q2 2025 earnings per share (EPS) estimates for shares of Topgolf Callaway Brands in a note issued to investors on Tuesday, February 25th. Roth Capital analyst G. Kelly now anticipates that the company will post earnings per share of $0.08 for the quarter, down from their prior estimate of $0.14. The consensus estimate for Topgolf Callaway Brands’ current full-year earnings is $0.16 per share.

Other research analysts have also issued reports about the stock. Roth Mkm reissued a “buy” rating and set a $11.00 target price (down from $16.00) on shares of Topgolf Callaway Brands in a research note on Tuesday. JPMorgan Chase & Co. reduced their target price on Topgolf Callaway Brands from $11.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, January 23rd. Truist Financial decreased their target price on Topgolf Callaway Brands from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Jefferies Financial Group upgraded Topgolf Callaway Brands from a “hold” rating to a “buy” rating and increased their price target for the stock from $11.00 to $13.00 in a report on Thursday, January 2nd. Finally, The Goldman Sachs Group decreased their price objective on Topgolf Callaway Brands from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, Topgolf Callaway Brands presently has an average rating of “Hold” and a consensus price target of $13.91.

Topgolf Callaway Brands Price Performance

Topgolf Callaway Brands stock opened at $6.67 on Wednesday. The stock’s 50 day moving average price is $7.91 and its two-hundred day moving average price is $9.16. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of -83.30 and a beta of 1.70. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.14 and a current ratio of 1.93. Topgolf Callaway Brands has a 52-week low of $6.11 and a 52-week high of $16.89.

Topgolf Callaway Brands (NYSE:MODG) last released its earnings results on Monday, February 24th. The company reported ($0.33) EPS for the quarter, topping the consensus estimate of ($0.40) by $0.07. The business had revenue of $924.40 million during the quarter, compared to analysts’ expectations of $1.13 billion. Topgolf Callaway Brands had a positive return on equity of 1.20% and a negative net margin of 0.29%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in Topgolf Callaway Brands by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 15,860,996 shares of the company’s stock valued at $124,667,000 after buying an additional 224,578 shares during the last quarter. Shapiro Capital Management LLC raised its holdings in shares of Topgolf Callaway Brands by 3.6% in the fourth quarter. Shapiro Capital Management LLC now owns 10,520,632 shares of the company’s stock valued at $82,692,000 after purchasing an additional 366,192 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Topgolf Callaway Brands by 0.7% in the third quarter. Geode Capital Management LLC now owns 3,255,232 shares of the company’s stock valued at $35,749,000 after purchasing an additional 22,003 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Topgolf Callaway Brands by 14.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,286,719 shares of the company’s stock valued at $17,974,000 after purchasing an additional 291,052 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Topgolf Callaway Brands by 97.6% during the fourth quarter. Alliancebernstein L.P. now owns 2,152,565 shares of the company’s stock worth $16,919,000 after purchasing an additional 1,063,033 shares during the last quarter. Hedge funds and other institutional investors own 84.69% of the company’s stock.

Topgolf Callaway Brands Company Profile

Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game.