Topgolf Callaway Brands Corp (MODG) concluded trading on Thursday at a closing price of $9.77, with 2.71 million shares of worth about $26.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.85% during that period and on October 24, 2024 the price saw a loss of about -3.55%. Currently the company’s common shares owned by public are about 183.70M shares, out of which, 133.35M shares are available for trading.
Stock saw a price change of -11.18% in past 5 days and over the past one month there was a price change of -3.65%. Year-to-date (YTD), MODG shares are showing a performance of -31.87% which decreased to -24.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.05 but also hit the highest price of $16.89 during that period. The average intraday trading volume for Topgolf Callaway Brands Corp shares is 3.15 million. The stock is currently trading -5.97% below its 20-day simple moving average (SMA20), while that difference is down -7.18% for SMA50 and it goes to -29.16% lower than SMA200.
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Topgolf Callaway Brands Corp (NYSE: MODG) currently have 183.70M outstanding shares and institutions hold larger chunk of about 73.09% of that.
The stock has a current market capitalization of $1.80B and its 3Y-monthly beta is at 1.75. PE ratio of stock for trailing 12 months is 105.74, while it has posted earnings per share of $0.09 in the same period. Its PEG reads 12.22 and has Quick Ratio of 1.15 while making debt-to-equity ratio of 1.12. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MODG, volatility over the week remained 3.53% while standing at 4.16% over the month.
Stock’s fiscal year EPS is expected to drop by -74.29% while it is estimated to decrease by -12.96% in next year. EPS is likely to grow at an annualized rate of 8.65% for next 5-years, compared to annual growth of -15.21% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on October 17, 2024 offering a Neutral rating for the stock and assigned a target price range of between $18 and $12 to it. Coverage by Jefferies stated Topgolf Callaway Brands Corp (MODG) stock as a Hold in their note to investors on August 29, 2024, suggesting a price target of $12 for the stock. Stock get a Neutral rating from BofA Securities on August 08, 2024.
