Roth Capital Brokers Lower Earnings Estimates for MODG

Topgolf Callaway Brands Corp. (NYSE:MODG) – Equities research analysts at Roth Capital cut their Q2 2025 earnings per share estimates for shares of Topgolf Callaway Brands in a report released on Tuesday, May 13th. Roth Capital analyst G. Kelly now anticipates 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.

A number of other equities analysts also recently issued reports on MODG. Roth Mkm reiterated a “buy” rating and set a $11.00 price target (down previously from $16.00) on shares of Topgolf Callaway Brands in a research note on Tuesday, February 25th. JPMorgan Chase & Co. decreased their price target on Topgolf Callaway Brands from $11.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd. Finally, Truist Financial dropped their price objective on Topgolf Callaway Brands from $12.00 to $7.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Topgolf Callaway Brands currently has a consensus rating of “Hold” and an average target price of $11.00.

Topgolf Callaway Brands Stock Down 0.2%

Shares of NYSE MODG opened at $6.54 on Thursday. 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 50-day moving average price of $6.48 and a 200-day moving average price of $7.55. The stock has a market capitalization of $1.20 billion, a P/E ratio of -81.74 and a beta of 1.25. Topgolf Callaway Brands has a 1 year low of $5.42 and a 1 year high of $16.89.

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Thompson Investment Management Inc. grew its position in Topgolf Callaway Brands by 11.1% during the fourth quarter. Thompson Investment Management Inc. now owns 362,299 shares of the company’s stock valued at $2,848,000 after buying an additional 36,201 shares during the period. Wealthfront Advisers LLC increased its holdings in Topgolf Callaway Brands by 589.5% in the 4th quarter. Wealthfront Advisers LLC now owns 85,807 shares of the company’s stock worth $674,000 after acquiring an additional 73,362 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Topgolf Callaway Brands by 14.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,286,719 shares of the company’s stock valued at $17,974,000 after acquiring an additional 291,052 shares during the period. Invesco Ltd. lifted its holdings in Topgolf Callaway Brands by 41.9% during the fourth quarter. Invesco Ltd. now owns 1,591,742 shares of the company’s stock valued at $12,511,000 after purchasing an additional 469,728 shares during the last quarter. Finally, Requisite Capital Management LLC bought a new position in Topgolf Callaway Brands during the fourth quarter worth about $2,426,000. Institutional investors own 84.69% of the company’s stock.

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.