What is Roth Capital’s Estimate for MODG Q2 Earnings?

Topgolf Callaway Brands Corp. (NYSE:MODG) – Equities researchers at Roth Capital decreased their Q2 2025 earnings per share estimates for shares of 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 per share of $0.08 for the quarter, down from their prior estimate of $0.14. The consensus estimate for Topgolf Callaway Brands’ current full-year earnings is $0.16 per share.

Other analysts have also issued research reports about the stock. The Goldman Sachs Group cut their target price on shares of Topgolf Callaway Brands from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, November 14th. Jefferies Financial Group upgraded Topgolf Callaway Brands from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $11.00 to $13.00 in a research report on Thursday, January 2nd. JPMorgan Chase & Co. dropped their target price on Topgolf Callaway Brands from $11.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, January 23rd. Roth Mkm restated a “buy” rating and set a $11.00 price target (down from $16.00) on shares of Topgolf Callaway Brands in a report on Tuesday. Finally, Truist Financial reduced their price target on Topgolf Callaway Brands from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $13.91.

Topgolf Callaway Brands Trading Up 2.2 %

MODG opened at $6.83 on Wednesday. The company’s 50 day moving average is $7.89 and its 200-day moving average is $9.14. The company has a market cap of $1.25 billion, a P/E ratio of -85.30 and a beta of 1.70. Topgolf Callaway Brands has a 1-year low of $6.11 and a 1-year high of $16.89. The company has a current ratio of 1.93, a quick ratio of 1.14 and a debt-to-equity ratio of 0.37.

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

Hedge Funds Weigh In On Topgolf Callaway Brands

Several institutional investors have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Topgolf Callaway Brands by 23.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 437,898 shares of the company’s stock valued at $3,442,000 after buying an additional 82,642 shares during the period. Voloridge Investment Management LLC raised its position in shares of Topgolf Callaway Brands by 22.6% during the fourth quarter. Voloridge Investment Management LLC now owns 322,452 shares of the company’s stock worth $2,534,000 after purchasing an additional 59,416 shares during the period. Wexford Capital LP acquired a new position in shares of Topgolf Callaway Brands during the fourth quarter worth approximately $98,000. Two Sigma Advisers LP acquired a new position in shares of Topgolf Callaway Brands during the fourth quarter worth approximately $159,000. Finally, Tidal Investments LLC raised its holdings in Topgolf Callaway Brands by 11.6% during the fourth quarter. Tidal Investments LLC now owns 24,898 shares of the company’s stock worth $196,000 after buying an additional 2,596 shares during the last quarter. 84.69% of the stock is owned by institutional investors and hedge funds.

About Topgolf Callaway Brands

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.