A new trading day began on Monday, with Topgolf Callaway Brands Corp (NYSE: MODG) stock price up 1.73% from the previous day of trading, before settling in for the closing price of $9.81. MODG’s price has ranged from $9.05 to $16.89 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 32.44% over the last five years. Meanwhile, its annual earnings per share averaged -74.29%. With a float of $133.35 million, this company’s outstanding shares have now reached $183.70 million.
The firm has a total of 32000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 62.85%, operating margin of 5.8%, and the pretax margin is 0.15%.
Topgolf Callaway Brands Corp (MODG) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Leisure Industry. The insider ownership of Topgolf Callaway Brands Corp is 27.45%, while institutional ownership is 73.10%. The most recent insider transaction that took place on May 10 ’24, was worth 151,900. In this transaction Director of this company sold 10,000 shares at a rate of $15.19, taking the stock ownership to the 767,959 shares. Before that another transaction happened on May 14 ’24, when Company’s Director sold 7,500 for $15.37, making the entire transaction worth $115,275. This insider now owns 760,459 shares in total.
Topgolf Callaway Brands Corp (MODG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -74.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.65% during the next five years compared to -15.21% drop over the previous five years of trading.
Topgolf Callaway Brands Corp (NYSE: MODG) Trading Performance Indicators
Here are Topgolf Callaway Brands Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.43. Likewise, its price to free cash flow for the trailing twelve months is 10.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach 0.11 in one year’s time.
Technical Analysis of Topgolf Callaway Brands Corp (MODG)
Analysing the last 5-days average volume posted by the [Topgolf Callaway Brands Corp, MODG], we can find that recorded value of 1.92 million was lower than the volume posted last year of 2.51 million. As of the previous 9 days, the stock’s Stochastic %D was 13.57%. Additionally, its Average True Range was 0.42.
During the past 100 days, Topgolf Callaway Brands Corp’s (MODG) raw stochastic average was set at 11.87%, which indicates a significant decrease from 22.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.24% in the past 14 days, which was lower than the 48.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.46, while its 200-day Moving Average is $13.75. Now, the first resistance to watch is $10.10. This is followed by the second major resistance level at $10.22. The third major resistance level sits at $10.35. If the price goes on to break the first support level at $9.85, it is likely to go to the next support level at $9.72. Should the price break the second support level, the third support level stands at $9.60.
Topgolf Callaway Brands Corp (NYSE: MODG) Key Stats
With a market capitalization of 1.83 billion, the company has a total of 183,570K Shares Outstanding. Currently, annual sales are 4,285 M while annual income is 95,000 K. The company’s previous quarter sales were 1,158 M while its latest quarter income was 62,100 K.
