Beyond The Numbers: 7 Analysts Discuss Topgolf Callaway Brands Stock

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7 analysts have expressed a variety of opinions on Topgolf Callaway Brands MODG over the past quarter, offering a diverse set of opinions from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 0 3 0 0
Last 30D 0 0 1 0 0
1M Ago 2 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 2 0 2 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $12.43, along with a high estimate of $16.00 and a low estimate of $9.00. Observing a downward trend, the current average is 9.34% lower than the prior average price target of $13.71.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive Topgolf Callaway Brands. The following summary 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
Matthew Boss JP Morgan Lowers Neutral $9.00 $11.00
Michael Swartz Truist Securities Lowers Buy $12.00 $14.00
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

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: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Topgolf Callaway Brands compared to the broader market.
  • Price Targets: Gaining insights, analysts provide 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.

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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 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.

Unraveling the Financial Story of Topgolf Callaway Brands

Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

Revenue Growth: Topgolf Callaway Brands's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -2.66%. This indicates a decrease 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: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -0.36%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -0.09%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Topgolf Callaway Brands's ROA stands out, surpassing industry averages. With an impressive ROA of -0.04%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Topgolf Callaway Brands's debt-to-equity ratio stands notably higher than the industry average, reaching 0.76. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Core of Analyst Ratings: What Every Investor Should Know

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

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.

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

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