The Analyst Landscape: 8 Takes On Topgolf Callaway Brands

In the preceding three months, 8 analysts have released ratings for Topgolf Callaway Brands MODG, presenting a wide array of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $14.62, a high estimate of $20.00, and a low estimate of $10.00. Experiencing a 32.44% decline, the current average is now lower than the previous average price target of $21.64.

Investigating Analyst Ratings: An Elaborate Study

The standing of Topgolf Callaway Brands among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Topgolf Callaway Brands. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Topgolf Callaway Brands compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Topgolf Callaway Brands's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Topgolf Callaway Brands's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Topgolf Callaway Brands analyst ratings.

Delving into Topgolf Callaway Brands's Background

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. It operates in the below segments: Topgolf; Golf Equipment and Active Lifestyle. Some of its brands are Odyssey, OGIO, TravisMathew, and Jack Wolfskin. Its geographical segments are the United States, Europe, Japan, and the Rest of the World. Majority of the revenue is earned from United States.

Topgolf Callaway Brands's Financial Performance

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Revenue Growth: Topgolf Callaway Brands's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 5.27%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: Topgolf Callaway Brands's net margin excels beyond industry benchmarks, reaching 2.85%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Topgolf Callaway Brands's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.75%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Topgolf Callaway Brands's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.33%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.79, caution is advised due to increased financial risk.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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