Topgolf Callaway Manufacturers (NYSE:MODG – Get Loose Record)‘s inventory had its “purchase” ranking restated through inventory analysts at B. Riley in a analysis document issued to purchasers and traders on Thursday, Benzinga reviews. They recently have a $31.00 worth goal at the inventory. B. Riley’s worth goal would counsel a possible upside of 124.15% from the inventory’s earlier shut.

Numerous different analysts additionally lately issued reviews at the inventory. Financial institution of The us lower their worth goal on stocks of Topgolf Callaway Manufacturers from $32.00 to $26.00 in a document on Wednesday, August ninth. JPMorgan Chase & Co. lower their goal worth on Topgolf Callaway Manufacturers from $28.00 to $23.00 and set an “obese” ranking for the corporate in a analysis notice on Wednesday, September thirteenth. Stephens decreased their goal worth on Topgolf Callaway Manufacturers from $33.00 to $26.00 and set an “obese” ranking at the inventory in a analysis document on Wednesday, August ninth. Morgan Stanley assumed protection on Topgolf Callaway Manufacturers in a document on Wednesday. They set an “underweight” ranking and a $12.00 worth goal for the corporate. After all, Compass Level decreased their worth goal on stocks of Topgolf Callaway Manufacturers from $34.00 to $31.00 and set a “purchase” ranking at the inventory in a document on Monday, August twenty first. One equities analysis analyst has rated the inventory with a promote ranking, one has given a grasp ranking and 7 have issued a purchase ranking to the corporate. In keeping with knowledge from MarketBeat.com, the inventory at the moment has a median ranking of “Average Purchase” and a median goal worth of $25.90.

Learn Our Newest Record on Topgolf Callaway Manufacturers

Topgolf Callaway Manufacturers Value Efficiency

NYSE:MODG opened at $13.83 on Thursday. Topgolf Callaway Manufacturers has a 365 days low of $13.06 and a 365 days prime of $25.96. The inventory has a marketplace cap of $2.57 billion, a PE ratio of 26.09, a P/E/G ratio of one.47 and a beta of one.77. The corporate has a debt-to-equity ratio of 0.39, a snappy ratio of 0.88 and a present ratio of one.78. The inventory has a 50 day shifting reasonable worth of $16.90 and a 200 day shifting reasonable worth of $19.00.

Topgolf Callaway Manufacturers (NYSE:MODG – Get Loose Record) remaining issued its profits effects on Tuesday, August eighth. The corporate reported $0.39 profits consistent with proportion (EPS) for the quarter, beating the consensus estimate of $0.33 through $0.06. Topgolf Callaway Manufacturers had a go back on fairness of two.74% and a web margin of two.58%. The corporate had earnings of $1.18 billion all over the quarter, in comparison to analysts’ expectancies of $1.19 billion. Equities analysis analysts be expecting that Topgolf Callaway Manufacturers will submit 0.65 EPS for the present fiscal 12 months.

Insider Transactions at Topgolf Callaway Manufacturers

In different Topgolf Callaway Manufacturers information, Director Erik J. Anderson bought 5,000 stocks of the trade’s inventory in a transaction on Monday, August 14th. The stocks have been bought at a median worth of $17.01, for a complete worth of $85,050.00. Following the finishing touch of the transaction, the director now owns 842,959 stocks within the corporate, valued at $14,338,732.59. The transaction was once disclosed in a criminal submitting with the SEC, which is obtainable thru this link. In comparable information, Director Erik J. Anderson bought 10,000 stocks of the corporate’s inventory in a transaction that befell on Tuesday, August twenty second. The stocks have been bought at a median worth of $16.29, for a complete transaction of $162,900.00. Following the sale, the director now at once owns 832,959 stocks within the corporate, valued at $13,568,902.11. The transaction was once disclosed in a criminal submitting with the Securities & Trade Fee, which may also be accessed thru this hyperlink. Additionally, Director Erik J. Anderson bought 5,000 stocks of the company’s inventory in a transaction that befell on Monday, August 14th. The stocks have been bought at a median worth of $17.01, for a complete transaction of $85,050.00. Following the finishing touch of the sale, the director now at once owns 842,959 stocks within the corporate, valued at roughly $14,338,732.59. The disclosure for this sale may also be discovered right here. During the last quarter, insiders have bought 30,000 stocks of corporate inventory valued at $510,600. 11.97% of the inventory is recently owned through company insiders.

Institutional Buyers Weigh In On Topgolf Callaway Manufacturers

Numerous hedge budget and different institutional traders have lately changed their holdings of MODG. Davidson Kempner Capital Control LP bought a brand new place in stocks of Topgolf Callaway Manufacturers within the 2d quarter valued at about $8,932,000. California State Academics Retirement Machine lifted its place in stocks of Topgolf Callaway Manufacturers through 2.6% all over the 2d quarter. California State Academics Retirement Machine now owns 178,347 stocks of the corporate’s inventory value $3,540,000 after purchasing an extra 4,497 stocks all over the remaining quarter. Academics Retirement Machine of The State of Kentucky boosted its holdings in stocks of Topgolf Callaway Manufacturers through 10.3% within the 2d quarter. Academics Retirement Machine of The State of Kentucky now owns 24,504 stocks of the corporate’s inventory valued at $486,000 after purchasing an extra 2,284 stocks within the remaining quarter. Nuveen Asset Control LLC grew its place in stocks of Topgolf Callaway Manufacturers through 24.8% within the 2d quarter. Nuveen Asset Control LLC now owns 2,530,741 stocks of the corporate’s inventory valued at $50,235,000 after purchasing an extra 502,637 stocks all over the remaining quarter. After all, Neo Ivy Capital Control bought a brand new place in stocks of Topgolf Callaway Manufacturers within the 2d quarter valued at $166,000. 82.13% of the inventory is recently owned through institutional traders and hedge budget.

Topgolf Callaway Manufacturers Corporate Profile

(Get Loose Record)

Topgolf Callaway Manufacturers Corp. designs, manufactures, and sells golfing apparatus, golfing and way of life attire, and different equipment in america, Europe, Asia, and The world over. It operates thru 3 segments: Topgolf; Golfing Apparatus; and Energetic Way of life. The Topgolf phase operates Topgolf venues provided with technology-enabled hitting bays, bars, eating spaces, and match areas, in addition to Toptracer ball-flight monitoring know-how; and Global Golfing Excursion virtual golfing sport.

Featured Tales

Obtain Information & Rankings for Topgolf Callaway Manufacturers Day by day – Input your e mail deal with under to obtain a concise day-to-day abstract of the newest information and analysts’ rankings for Topgolf Callaway Manufacturers and comparable firms with MarketBeat.com’s FREE day-to-day e mail publication.