Roth Capital Issues Pessimistic Forecast for MODG Earnings

Topgolf Callaway Brands Corp. (NYSE:MODG) – Research analysts at Roth Capital decreased their Q2 2025 EPS estimates for Topgolf Callaway Brands in a research note issued on Thursday, November 14th. Roth Capital analyst G. Kelly now anticipates that the company will post earnings per share of $0.14 for the quarter, down from their previous estimate of $0.17. The consensus estimate for Topgolf Callaway Brands’ current full-year earnings is $0.17 per share.

Several other research firms have also weighed in on MODG. Roth Mkm reissued a “buy” rating and set a $16.00 price objective (down from $17.00) on shares of Topgolf Callaway Brands in a research note on Thursday, November 14th. Bank of America lowered their price target on Topgolf Callaway Brands from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, September 12th. Raymond James downgraded Topgolf Callaway Brands from an “outperform” rating to an “underperform” rating in a research note on Friday, August 23rd. Truist Financial lowered their target price on Topgolf Callaway Brands from $16.00 to $14.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. Finally, The Goldman Sachs Group reduced their price target on shares of Topgolf Callaway Brands from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, November 14th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $14.92.

Topgolf Callaway Brands Trading Up 4.2 %

Topgolf Callaway Brands stock opened at $8.51 on Monday. Topgolf Callaway Brands has a 12-month low of $7.95 and a 12-month high of $16.89. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.93 and a quick ratio of 1.14. The firm has a 50 day simple moving average of $10.01 and a 200-day simple moving average of $12.66. The stock has a market capitalization of $1.56 billion, a PE ratio of -106.31, a price-to-earnings-growth ratio of 5.89 and a beta of 1.75.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp grew its holdings in Topgolf Callaway Brands by 327.6% during the second quarter. Fifth Third Bancorp now owns 2,527 shares of the company’s stock valued at $39,000 after purchasing an additional 1,936 shares during the last quarter. nVerses Capital LLC bought a new position in Topgolf Callaway Brands in the 3rd quarter worth $133,000. Dnca Finance acquired a new position in Topgolf Callaway Brands during the 2nd quarter worth $134,000. Koss Olinger Consulting LLC bought a new stake in Topgolf Callaway Brands during the second quarter valued at about $160,000. Finally, Simon Quick Advisors LLC acquired a new stake in shares of Topgolf Callaway Brands in the second quarter valued at about $161,000. 84.69% of the stock is owned by institutional investors.

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.