In the last trading session, 3.5 million Topgolf Callaway Brands Corp (NYSE:MODG) shares changed hands as the company’s beta touched 1.27. With the company’s per share price at $8.67 changed hands at $0.62 or 7.70% during last session, the market valuation stood at $1.59B. MODG’s last price was a discount, traded about -94.81% off its 52-week high of $16.89. The share price had its 52-week low at $5.42, which suggests the last value was 37.49% up since then. When we look at Topgolf Callaway Brands Corp’s average trading volume, we note the 10-day average is 2.7 million shares, with the 3-month average coming to 2.90 million.
Analysts gave the Topgolf Callaway Brands Corp (MODG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.67. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended MODG as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
Topgolf Callaway Brands Corp (NYSE:MODG) trade information
Instantly MODG was in green as seen at the end of in last trading. With action 6.91%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -43.59%, with the 5-day performance at 6.91% in the green. However, in the 30-day time frame, Topgolf Callaway Brands Corp (NYSE:MODG) is 36.75% up. Looking at the short shares, we see there were 19.62 million shares sold at short interest cover period of 6.62 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need an upside of 13.3% from its current market value. According to analyst projections, MODG’s forecast low is 7 with 13 as the target high. To hit the forecast high, the stock’s price needs a -49.94% plunge from its current level, while the stock would need to tank 19.26% for it to hit the projected low.
The 2025 estimates are for Topgolf Callaway Brands Corp earnings to decrease by -318.92%.
MODG Dividends
Topgolf Callaway Brands Corp is expected to release its next quarterly earnings report on 2025-May-12. During the past 5 years, the average dividend yield was 0.24 per year.
Topgolf Callaway Brands Corp (NYSE:MODG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 12.25% of Topgolf Callaway Brands Corp shares while 84.58% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 96.39%. There are 84.58% institutions holding the Topgolf Callaway Brands Corp stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 12.038% of the shares, roughly 22.09 million MODG shares worth $337.97 million.
PROVIDENCE EQUITY PARTNERS L.L.C. holds the second largest percentage of outstanding shares, with 11.5396% or 21.18 million shares worth $323.98 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 8.6 shares estimated at $74.54 million under it, the former controlled 4.68% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 1.93% of the shares, roughly 3.55 shares worth around $30.81 million.
