Roth Capital Has Bearish Forecast for MODG Q1 Earnings

Topgolf Callaway Brands Corp. (NYSE:MODG) – Investment analysts at Roth Capital decreased their Q1 2025 earnings estimates for Topgolf Callaway Brands in a report issued on Tuesday, February 25th. Roth Capital analyst G. Kelly now expects that the company will earn ($0.04) per share for the quarter, down from their prior estimate 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 analysts also recently issued reports on MODG. The Goldman Sachs Group lowered their price target 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. Roth Mkm reissued a “buy” rating and issued a $11.00 price objective (down from $16.00) on shares of Topgolf Callaway Brands in a report on Tuesday. JPMorgan Chase & Co. decreased their price objective on Topgolf Callaway Brands from $11.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd. Truist Financial decreased their price objective on Topgolf Callaway Brands from $14.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, January 7th. Finally, Jefferies Financial Group raised Topgolf Callaway Brands from a “hold” rating to a “buy” rating and increased their price objective for the company from $11.00 to $13.00 in a report on Thursday, January 2nd. Two 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.com, the company presently has a consensus rating of “Hold” and a consensus price target of $13.91.

Topgolf Callaway Brands Stock Performance

Shares of MODG opened at $6.55 on Thursday. The stock has a 50 day moving average price of $7.88 and a 200 day moving average price of $9.13. 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 company has a market capitalization of $1.20 billion, a price-to-earnings ratio of -81.80 and a beta of 1.70. 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 announced its quarterly earnings results on Monday, February 24th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.07. The firm 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%.

Institutional Investors Weigh In On Topgolf Callaway Brands

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

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.