Roth Capital Issues Negative Outlook for MODG Earnings

Topgolf Callaway Brands Corp. (NYSE:MODG) – Equities researchers at Roth Capital cut their Q2 2025 earnings per share estimates for shares of Topgolf Callaway Brands in a report issued on Tuesday, May 13th. Roth Capital analyst G. Kelly now expects that the company will earn $0.02 per share for the quarter, down from their prior estimate of $0.08. 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 ($0.23) EPS, Q4 2025 earnings at ($0.43) EPS, FY2025 earnings at ($0.53) EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at ($0.26) EPS, Q4 2026 earnings at ($0.47) EPS and FY2026 earnings at ($0.69) EPS.

Several other equities analysts have also commented on MODG. Roth Mkm reiterated a “buy” rating and set a $11.00 price objective (down from $16.00) on shares of Topgolf Callaway Brands in a research report on Tuesday, February 25th. Truist Financial dropped their price target 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. Finally, JPMorgan Chase & Co. lowered their price target 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. Two research 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $11.00.

Topgolf Callaway Brands Trading Down 0.2%

Shares of MODG opened at $6.54 on Thursday. Topgolf Callaway Brands has a 1-year low of $5.42 and a 1-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 1.14. The company has a market capitalization of $1.20 billion, a P/E ratio of -81.74 and a beta of 1.25. The firm’s 50 day simple moving average is $6.48 and its 200 day simple moving average is $7.55.

Topgolf Callaway Brands (NYSE:MODG) last released its quarterly earnings results on Monday, May 12th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.15. Topgolf Callaway Brands had a negative net margin of 0.29% and a positive return on equity of 1.20%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the business earned $0.08 EPS. The business’s revenue for the quarter was down 4.5% on a year-over-year basis.

Hedge Funds Weigh In On Topgolf Callaway Brands

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Asset Planning Inc purchased a new stake in Topgolf Callaway Brands in the fourth quarter worth about $33,000. Sterling Capital Management LLC boosted its position in shares of Topgolf Callaway Brands by 821.5% in the 4th quarter. Sterling Capital Management LLC now owns 4,543 shares of the company’s stock worth $36,000 after purchasing an additional 4,050 shares in the last quarter. KBC Group NV grew its stake in shares of Topgolf Callaway Brands by 81.8% in the 4th quarter. KBC Group NV now owns 8,330 shares of the company’s stock worth $65,000 after buying an additional 3,749 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new position in Topgolf Callaway Brands during the 1st quarter valued at approximately $66,000. Finally, Capstone Financial Advisors Inc. purchased a new position in Topgolf Callaway Brands during the first quarter valued at $66,000. Hedge funds and other institutional investors 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.