Research Analysts Offer Predictions for MODG Q2 Earnings

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

Other analysts have also issued research reports about the company. Jefferies Financial Group lowered Topgolf Callaway Brands from a “buy” rating to a “hold” rating and decreased their price target for the company from $40.00 to $12.00 in a report on Thursday, August 29th. TD Cowen decreased their price target on Topgolf Callaway Brands from $13.00 to $10.00 and set a “hold” rating on the stock in a report on Tuesday, September 17th. Truist Financial decreased their price target on Topgolf Callaway Brands from $16.00 to $14.00 and set a “buy” rating on the stock in a report on Wednesday, November 13th. Roth Mkm restated a “buy” rating and set a $16.00 price target (down previously from $17.00) on shares of Topgolf Callaway Brands in a report on Thursday. Finally, B. Riley downgraded Topgolf Callaway Brands from a “buy” rating to a “neutral” rating and cut their price objective for the company from $18.00 to $12.00 in a research report on Thursday, October 17th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.92.

Topgolf Callaway Brands Stock Performance

NYSE:MODG opened at $8.54 on Monday. The stock’s fifty day moving average is $10.07 and its 200 day moving average is $12.77. Topgolf Callaway Brands has a fifty-two week low of $8.23 and a fifty-two week high of $16.89. The firm has a market capitalization of $1.57 billion, a PE ratio of -106.74, a PEG ratio of 5.39 and a beta of 1.75. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.15 and a current ratio of 1.93.

Hedge Funds Weigh In On Topgolf Callaway Brands

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC grew its position in shares of Topgolf Callaway Brands by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 3,255,232 shares of the company’s stock worth $35,749,000 after buying an additional 22,003 shares in the last quarter. MML Investors Services LLC boosted its position in Topgolf Callaway Brands by 25.3% during the third quarter. MML Investors Services LLC now owns 93,897 shares of the company’s stock valued at $1,031,000 after purchasing an additional 18,988 shares in the last quarter. Portolan Capital Management LLC bought a new stake in Topgolf Callaway Brands during the third quarter valued at about $3,862,000. Holocene Advisors LP boosted its position in Topgolf Callaway Brands by 68.6% during the third quarter. Holocene Advisors LP now owns 36,570 shares of the company’s stock valued at $402,000 after purchasing an additional 14,885 shares in the last quarter. Finally, Arizona PSPRS Trust bought a new stake in Topgolf Callaway Brands during the third quarter valued at about $1,696,000. 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.