Topgolf Callaway Brands Corp (MODG) Moves -3.55% Lower: These Numbers are Too Good to be True

Topgolf Callaway Brands Corp (NYSE: MODG) started the day on Thursday, with a price decrease of -3.55% at $9.77, before settling in for the price of $10.13 at the close. Taking a more long-term approach, MODG posted a 52-week range of $9.05-$16.89.

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It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 32.44% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -15.21%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -74.29%. This publicly-traded company’s shares outstanding now amounts to $183.70 million, simultaneously with a float of $133.35 million. The organization now has a market capitalization sitting at $1.80 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.53, while the 200-day Moving Average is $13.79.

Topgolf Callaway Brands Corp (MODG) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Leisure Industry. Topgolf Callaway Brands Corp’s current insider ownership accounts for 27.45%, in contrast to 73.09% institutional ownership. According to the most recent insider trade that took place on May 10 ’24, this organization’s Director sold 10,000 shares at the rate of 15.19, making the entire transaction reach 151,900 in total value, affecting insider ownership by 767,959. Preceding that transaction, on May 14 ’24, Company’s Director sold 7,500 for 15.37, making the whole transaction’s value amount to 115,275. This particular insider is now the holder of 760,459 in total.

Topgolf Callaway Brands Corp (MODG) Earnings and Revenue Records

Topgolf Callaway Brands Corp’s EPS decrease for this current 12-month fiscal period is -74.29% and is forecasted to reach 0.11 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.65% through the next 5 years, which can be compared against the -15.21% growth it accomplished over the previous five years trading on the market.

Topgolf Callaway Brands Corp (NYSE: MODG) Trading Performance Indicators

Let’s observe the current performance indicators for Topgolf Callaway Brands Corp (MODG). It’s Quick Ratio in the last reported quarter now stands at 1.15. The Stock has managed to achieve an average true range (ATR) of 0.44. Alongside those numbers, its PE Ratio stands at $105.74, and its Beta score is 1.75. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.42. Similarly, its price to free cash flow for trailing twelve months is now 10.61.

In the same vein, MODG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.09, a figure that is expected to reach -0.17 in the next quarter, and analysts are predicting that it will be 0.11 at the market close of one year from today.

Technical Analysis of Topgolf Callaway Brands Corp (MODG)

If we take a close look at the recent performances of Topgolf Callaway Brands Corp (NYSE: MODG), its last 5-days Average volume was 2.02 million that shows plunge from its year to date volume of 2.51 million. During the previous 9 days, stock’s Stochastic %D was recorded 25.97% While, its Average True Range was 0.42.

Raw Stochastic average of Topgolf Callaway Brands Corp (MODG) in the period of the previous 100 days is set at 9.19%, which indicates a major rise in contrast to 7.72% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 42.48% that was lower than 48.87% volatility it exhibited in the past 100-days period.