Topgolf Callaway Brands Corp (MODG) recent quarterly performance of -23.84% is not showing the real picture

Witnessing the stock’s movement on the chart, on Thursday, Topgolf Callaway Brands Corp (NYSE: MODG) set off with pace as it heaved 2.82% to $8.02, before settling in for the price of $7.80 at the close. Taking a more long-term approach, MODG posted a 52-week range of $7.22-$16.89.

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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 32.44%. Meanwhile, its Annual Earning per share during the time was -15.21%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -71.80%. This publicly-traded company’s shares outstanding now amounts to $190.20 million, simultaneously with a float of $130.85 million. The organization now has a market capitalization sitting at $1.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $8.90, while the 200-day Moving Average is $12.64.

Topgolf Callaway Brands Corp (MODG) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Leisure industry. Topgolf Callaway Brands Corp’s current insider ownership accounts for 28.82%, in contrast to 70.88% 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 -71.80% and is forecasted to reach 0.00 in the upcoming year.

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 1.14. The Stock has managed to achieve an average true range (ATR) of 0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.35. Similarly, its price to free cash flow for trailing twelve months is now 9.49.

In the same vein, MODG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.08, a figure that is expected to reach -0.40 in the next quarter, and analysts are predicting that it will be 0.00 at the market close of one year from today.

Technical Analysis of Topgolf Callaway Brands Corp (MODG)

Going through the that latest performance of [Topgolf Callaway Brands Corp, MODG]. Its last 5-days volume of 2.81 million indicated improvement to the volume of 2.5 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 65.49% While, its Average True Range was 0.38.

Raw Stochastic average of Topgolf Callaway Brands Corp (MODG) in the period of the previous 100 days is set at 10.97%, which indicates a major fall in contrast to 62.55% 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 44.14% that was lower than 52.61% volatility it exhibited in the past 100-days period.