Topgolf Callaway Brands (NYSE:MODG – Get Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.29 per share for the quarter. Investors that are interested in participating in the company’s earnings conference call can do so using this link.
Topgolf Callaway Brands (NYSE:MODG – Get Free Report) last released its quarterly earnings data on Wednesday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.08. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Topgolf Callaway Brands had a return on equity of 1.93% and a net margin of 1.80%. The business’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 EPS. On average, analysts expect Topgolf Callaway Brands to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Topgolf Callaway Brands Stock Up 1.8 %
Topgolf Callaway Brands stock traded up $0.25 during mid-day trading on Tuesday, hitting $14.23. The company had a trading volume of 981,414 shares, compared to its average volume of 2,201,482. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 37.78, a PEG ratio of 2.55 and a beta of 1.77. The company has a quick ratio of 1.02, a current ratio of 1.82 and a debt-to-equity ratio of 0.39. Topgolf Callaway Brands has a 1 year low of $9.84 and a 1 year high of $19.42. The business has a fifty day moving average of $15.26 and a 200 day moving average of $15.07.
Insider Activity
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. TD Cowen boosted their price target on Topgolf Callaway Brands from $10.00 to $13.00 and gave the company a “hold” rating in a research report on Monday, May 13th. B. Riley increased their price target on Topgolf Callaway Brands from $18.00 to $21.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Truist Financial boosted their price objective on shares of Topgolf Callaway Brands from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, April 29th. Finally, Tigress Financial restated a “buy” rating and issued a $38.00 target price on shares of Topgolf Callaway Brands in a research note on Friday, April 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $19.33.
Read Our Latest Stock Report on MODG
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.
Further Reading
- Five stocks we like better than Topgolf Callaway Brands
- 5 Top Rated Dividend Stocks to Consider
- Uber’s Earnings Beat: Rideshare and Delivery Surge
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Hims & Hers Reports Stellar Quarter: Stock Set for a Rally
- Roth IRA Calculator: Calculate Your Potential Returns
- Cloudflare Stock Flares Up on Solid EPS Beat and Raised Guidance
Receive News & Ratings for Topgolf Callaway Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Topgolf Callaway Brands and related companies with MarketBeat.com's FREE daily email newsletter.