Roth Capital Has Negative Forecast for MODG Q1 Earnings

Topgolf Callaway Brands Corp. (NYSE:MODG) – Investment analysts at Roth Capital decreased their Q1 2025 earnings per share (EPS) estimates for Topgolf Callaway Brands in a research note issued to investors on Tuesday, February 25th. Roth Capital analyst G. Kelly now forecasts that the company will post earnings of ($0.04) per share for the quarter, down from their previous forecast of $0.06. The consensus estimate for Topgolf Callaway Brands’ current full-year earnings is $0.16 per share. Roth Capital also issued estimates for Topgolf Callaway Brands’ Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.41) EPS and FY2025 earnings at ($0.52) EPS.

A number of other equities research analysts have also recently issued reports on MODG. The Goldman Sachs Group dropped their price target on shares of Topgolf Callaway Brands from $14.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, November 14th. Jefferies Financial Group upgraded Topgolf Callaway Brands from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $11.00 to $13.00 in a research report on Thursday, January 2nd. Roth Mkm reissued a “buy” rating and issued a $11.00 price target (down previously from $16.00) on shares of Topgolf Callaway Brands in a research note on Tuesday. Truist Financial cut their price objective on Topgolf Callaway Brands from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. cut their target price on Topgolf Callaway Brands from $11.00 to $9.00 and set a “neutral” rating on the stock in a research report on Thursday, January 23rd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.91.

Topgolf Callaway Brands Stock Up 0.1 %

Topgolf Callaway Brands stock opened at $6.53 on Thursday. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of -81.55 and a beta of 1.70. The company has a quick ratio of 1.14, a current ratio of 1.93 and a debt-to-equity ratio of 0.37. The business’s 50-day moving average price is $7.86 and its 200 day moving average price is $9.09. Topgolf Callaway Brands has a 52 week low of $6.11 and a 52 week high of $16.89.

Topgolf Callaway Brands (NYSE:MODG) last issued its quarterly earnings data on Monday, February 24th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $0.07. Topgolf Callaway Brands had a negative net margin of 0.29% and a positive return on equity of 1.20%. The company had revenue of $924.40 million for the quarter, compared to analyst estimates of $1.13 billion.

Hedge Funds Weigh In On Topgolf Callaway Brands

A number of institutional investors have recently added to or reduced their stakes in MODG. Asset Planning Inc bought a new position in Topgolf Callaway Brands during the 4th quarter worth approximately $33,000. Sterling Capital Management LLC boosted its position in Topgolf Callaway Brands by 821.5% during the 4th quarter. Sterling Capital Management LLC now owns 4,543 shares of the company’s stock worth $36,000 after acquiring an additional 4,050 shares during the period. KBC Group NV increased its stake in Topgolf Callaway Brands by 81.8% during the 4th quarter. KBC Group NV now owns 8,330 shares of the company’s stock valued at $65,000 after buying an additional 3,749 shares during the period. Covestor Ltd increased its stake in shares of Topgolf Callaway Brands by 147.2% during the fourth quarter. Covestor Ltd now owns 9,286 shares of the company’s stock valued at $73,000 after acquiring an additional 5,530 shares during the period. Finally, FORA Capital LLC acquired a new stake in shares of Topgolf Callaway Brands in the fourth quarter valued at $81,000. Institutional investors and hedge funds 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.