Topgolf Callaway Brands Corp
General ticker "MODG" information:
- Sector: Consumer Discretionary
- Industry: Leisure Products
- Capitalization: $1.5B
Topgolf Callaway Brands Corp does not follow the US Stock Market performance with the rate: -19.6%.
Estimated limits based on current volatility of 2.9%: low 7.35$, high 7.79$
Factors to consider:
- US accounted for 71.9% of revenue in the fiscal year ended 2023-12-31
- Current price 16.3% below estimated low
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [8.90$, 16.74$]
- 2024-12-30 to 2025-12-30 estimated range: [10.22$, 18.18$]
Financial Metrics affecting the MODG estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.46
- Positive: 1.03 < Operating profit margin, % of 5.55
- Negative: Industry inventory ratio change (median), % of 0.89 > 0.49
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 1.03
- Positive: Operating cash flow per share per price, % of 14.91 > 12.76
- Positive: 2.14 < Industry operating profit margin (median), % of 3.00
- Positive: -3.48 < Investing cash flow per share, $ of -2.93
Short-term MODG quotes
Long-term MODG plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $3,133.40MM | $3,995.70MM | $4,284.80MM |
| Operating Expenses | $2,928.70MM | $3,738.90MM | $4,047.10MM |
| Operating Income | $204.70MM | $256.80MM | $237.70MM |
| Non-Operating Income | $145.90MM | $-114.90MM | $-202.90MM |
| Interest Expense | $115.56MM | $142.80MM | $210.20MM |
| R&D Expense | $68.00MM | $76.40MM | $101.60MM |
| Income(Loss) | $350.60MM | $141.90MM | $34.80MM |
| Taxes | $28.60MM | $-16.00MM | $-60.20MM |
| Profit(Loss) | $322.00MM | $157.90MM | $95.00MM |
| Stockholders Equity | $3,682.90MM | $3,774.30MM | $3,878.20MM |
| Inventory | $533.46MM | $959.20MM | $794.40MM |
| Assets | $7,747.78MM | $8,590.40MM | $9,120.60MM |
| Operating Cash Flow | $278.26MM | $-35.10MM | $364.70MM |
| Capital expenditure | $322.27MM | $535.50MM | $482.80MM |
| Investing Cash Flow | $-161.86MM | $-535.10MM | $-542.90MM |
| Financing Cash Flow | $-124.10MM | $425.30MM | $375.80MM |
| Earnings Per Share* | $1.90 | $0.85 | $0.51 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.