Roth Capital Has Pessimistic Outlook of MODG Q2 Earnings

Topgolf Callaway Brands Corp. (NYSE:MODG) – Stock analysts at Roth Capital decreased their Q2 2025 earnings per share estimates for shares of Topgolf Callaway Brands in a research note issued on Thursday, November 14th. Roth Capital analyst G. Kelly now forecasts that the company will earn $0.14 per share for the quarter, down from their prior estimate of $0.17. The consensus estimate for Topgolf Callaway Brands’ current full-year earnings is $0.17 per share.

Several other analysts also recently commented on the stock. Bank of America reduced their target price on shares of Topgolf Callaway Brands from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, September 12th. KeyCorp downgraded Topgolf Callaway Brands from an “overweight” rating to a “sector weight” rating in a research report on Thursday, August 8th. JPMorgan Chase & Co. dropped their price target on Topgolf Callaway Brands from $13.00 to $11.00 and set a “neutral” rating for the company in a report on Wednesday, November 13th. Truist Financial decreased their price objective on Topgolf Callaway Brands from $16.00 to $14.00 and set a “buy” rating on the stock in a report on Wednesday, November 13th. Finally, The Goldman Sachs Group dropped their target price on Topgolf Callaway Brands from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, November 14th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, Topgolf Callaway Brands presently has an average rating of “Hold” and an average price target of $14.92.

Topgolf Callaway Brands Trading Down 4.4 %

MODG stock opened at $8.17 on Monday. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of -102.05, a price-to-earnings-growth ratio of 5.39 and a beta of 1.75. The company has a fifty day moving average price of $10.02 and a two-hundred day moving average price of $12.72. Topgolf Callaway Brands has a one year low of $8.16 and a one year high of $16.89. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.93 and a quick ratio of 1.15.

Institutional Investors Weigh In On Topgolf Callaway Brands

A number of large investors have recently bought and sold shares of the company. Fifth Third Bancorp boosted its position in shares of Topgolf Callaway Brands by 327.6% during the 2nd quarter. Fifth Third Bancorp now owns 2,527 shares of the company’s stock worth $39,000 after acquiring an additional 1,936 shares in the last quarter. nVerses Capital LLC bought a new stake in Topgolf Callaway Brands during the third quarter worth $133,000. Dnca Finance acquired a new stake in shares of Topgolf Callaway Brands in the 2nd quarter valued at $134,000. Koss Olinger Consulting LLC bought a new position in shares of Topgolf Callaway Brands in the 2nd quarter valued at $160,000. Finally, Simon Quick Advisors LLC acquired a new position in shares of Topgolf Callaway Brands during the 2nd quarter worth $161,000. 84.69% of the stock is currently 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.