6 Analysts Have This To Say About Topgolf Callaway Brands

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Throughout the last three months, 6 analysts have evaluated Topgolf Callaway Brands MODG, offering a diverse set of opinions from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 0 3 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 2 0 2 0 0
3M Ago 0 0 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $13.0, along with a high estimate of $16.00 and a low estimate of $11.00. This current average has decreased by 12.34% from the previous average price target of $14.83.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Topgolf Callaway Brands among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Randal Konik Jefferies Raises Buy $13.00 $11.00
George Kelly Roth MKM Lowers Buy $16.00 $17.00
Kate McShane Goldman Sachs Lowers Neutral $12.00 $14.00
Michael Swartz Truist Securities Lowers Buy $14.00 $16.00
Matthew Boss JP Morgan Lowers Neutral $11.00 $13.00
Eric Wold B. Riley Securities Lowers Neutral $12.00 $18.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Topgolf Callaway Brands. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Topgolf Callaway Brands compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Topgolf Callaway Brands's stock. This examination reveals shifts in analysts' expectations over time.

Capture valuable insights into Topgolf Callaway Brands's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Topgolf Callaway Brands analyst ratings.

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Discovering Topgolf Callaway Brands: A Closer Look

Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories through brands such as, Topgolf, Callaway Golf, Odyssey, TravisMathew, Jack Wolfskin, OGIO and Toptracer. The company's reportable segments are; Topgolf, Golf Equipment and Active Lifestyle. Majority of the revenue is generated from its Topgolf segment which is predominantly comprised of service revenues and expenses from the company operated Topgolf venues, Toptracer ball-flight tracking technology, and WGT digital golf game. Geographically, majority of the revenue for the company is derived from United States.

Key Indicators: Topgolf Callaway Brands's Financial Health

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Decline in Revenue: Over the 3 months period, Topgolf Callaway Brands faced challenges, resulting in a decline of approximately -2.66% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Topgolf Callaway Brands's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.36% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Topgolf Callaway Brands's ROE stands out, surpassing industry averages. With an impressive ROE of -0.09%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -0.04%, the company showcases effective utilization of assets.

Debt Management: With a high debt-to-equity ratio of 0.76, Topgolf Callaway Brands faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: What Are They?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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