Currently, there are 183.70M common shares owned by the public and among those 130.41M shares have been available to trade.
The company’s stock has a 5-day price change of -4.66% and -13.70% over the past three months. MODG shares are trading -16.67% year to date (YTD), with the 12-month market performance down to -57.05% lower. It has a 12-month low price of $5.42 and touched a high of $16.89 over the same period. MODG has an average intraday trading volume of 3.10 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.88%, 0.92%, and -25.23% respectively.
Institutional ownership of Topgolf Callaway Brands Corp (NYSE: MODG) shares accounts for 64.73% of the company’s 183.70M shares outstanding.
It has a market capitalization of $1.20B and a beta (3y monthly) value of 1.29. The earnings-per-share (ttm) stands at -$7.92. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.72% over the week and 5.02% over the month.
Earnings per share for the fiscal year are expected to decrease by -301.93%, and -2.63% over the next financial year.
Looking at the support for the MODG, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on January 02, 2025, with the firm’s price target at $11-$13. B. Riley Securities coverage for the Topgolf Callaway Brands Corp (MODG) stock in a research note released on October 17, 2024 offered a Neutral rating with a price target of $12. KeyBanc Capital Markets on their part issued Sector Weight rating on August 08, 2024.
