Topgolf Callaway Brands (MODG) Expected to Announce Earnings on Monday

Topgolf Callaway Brands (NYSE:MODG) is expected to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 12th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $1.08 billion for the quarter. Topgolf Callaway Brands has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Topgolf Callaway Brands (NYSE:MODG) last released its quarterly earnings results 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 firm had revenue of $924.40 million for the quarter, compared to analysts’ expectations of $1.13 billion. Topgolf Callaway Brands had a negative net margin of 0.29% and a positive return on equity of 1.20%. On average, analysts expect Topgolf Callaway Brands to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Topgolf Callaway Brands Price Performance

NYSE:MODG traded up $0.02 during trading hours on Tuesday, hitting $6.83. 596,453 shares of the company’s stock traded hands, compared to its average volume of 2,686,514. The firm has a market cap of $1.25 billion, a P/E ratio of -85.43 and a beta of 1.25. 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 fifty day simple moving average is $6.38 and its two-hundred day simple moving average is $7.67. Topgolf Callaway Brands has a 52 week low of $5.42 and a 52 week high of $16.89.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. decreased their price objective on shares of 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. Roth Mkm restated a “buy” rating and set a $11.00 price objective (down previously from $16.00) on shares of Topgolf Callaway Brands in a research report on Tuesday, February 25th. Finally, Truist Financial cut their target price on shares of Topgolf Callaway Brands from $12.00 to $7.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $11.00.

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.