Topgolf Callaway Brands Corp. (MODG)
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- symbol MODG
- Rev/Share 22.0837
- Book/Share 13.4622
- PB 0.9449
- Debt/Equity 0.785
- CurrentRatio 1.8708
- ROIC -0.1841
- MktCap 2338999863.0
- FreeCF/Share 0.1871
- PFCF 67.9942
- PE -1.5543
- Debt/Assets 0.2567
- DivYield 0
- ROE -0.6144
- Rating C-
- Score 1
- Recommendation Strong Sell
- P/E Score 1
- DCF Score 1
- P/B Score 4
- D/E Score 1
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Initiation | MODG | UBS | -- | Neutral | -- | $10 | Oct. 17, 2025 |
| Resumed | MODG | Morgan Stanley | -- | Equal Weight | -- | $9.5 | July 18, 2025 |
| Resumed | MODG | B. Riley Securities | -- | Neutral | -- | $7 | May 16, 2025 |
| Upgrade | MODG | Jefferies | Hold | Buy | $11 | $13 | Jan. 2, 2025 |
| Downgrade | MODG | B. Riley Securities | Buy | Neutral | $18 | $12 | Oct. 17, 2024 |
| Downgrade | MODG | Jefferies | Buy | Hold | $40 | $12 | Aug. 29, 2024 |
| Downgrade | MODG | Raymond James | Outperform | Underperform | -- | -- | Aug. 23, 2024 |
News
Topgolf Callaway (MODG) Upgraded to Strong Buy: Here's What You Should Know
Published: November 27, 2025 by: Zacks Investment Research
Sentiment: Positive
Topgolf Callaway (MODG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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Topgolf Callaway Brands Corp. (MODG) Soars to 52-Week High, Time to Cash Out?
Published: November 26, 2025 by: Zacks Investment Research
Sentiment: Positive
Topgolf Callaway (MODG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
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Topgolf Celebrates Milestone 100th U.S. Venue with Opening in New Braunfels on Dec. 5
Published: November 20, 2025 by: PRNewsWire
Sentiment: Neutral
The venue is located at the New Braunfels Town Center at Creekside DALLAS , Nov. 20, 2025 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today that the opening of its newest, two-level venue in New Braunfels, Texas, is set to occur on Friday, Dec. 5. The venue marks Topgolf's 100th location in the U.S. and 112th globally.
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Topgolf Callaway Brands Corp. (MODG) M&A Call Transcript
Published: November 19, 2025 by: Seeking Alpha
Sentiment: Neutral
Topgolf Callaway Brands Corp. ( MODG ) M&A Call November 18, 2025 8:30 AM EST Company Participants Katina Metzidakis - Vice President of Investor Relations & Corporate Communications Oliver Brewer - President, CEO & Director Brian Lynch - Executive VP, Chief Legal Officer & CFO Conference Call Participants Simeon Gutman - Morgan Stanley, Research Division Anna Glaessgen - B. Riley Securities, Inc., Research Division Joseph Altobello - Raymond James & Associates, Inc., Research Division Noah Zatzkin - KeyBanc Capital Markets Inc., Research Division George Kelly - ROTH Capital Partners, LLC, Research Division Casey Alexander - Compass Point Research & Trading, …
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Are Investors Undervaluing TOPGOLF CALLAWY (MODG) Right Now?
Published: November 18, 2025 by: Zacks Investment Research
Sentiment: Positive
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Topgolf Callaway Sells Stake in Driving-Range Unit to Leonard Green
Published: November 18, 2025 by: WSJ
Sentiment: Neutral
Topgolf Callaway Brands said it will sell a 60% stake in its Topgolf unit to private-equity firm Leonard Green as it turns more focus to its equipment and apparel business.
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Topgolf Callaway sells majority stake in Topgolf to Leonard Green at $1.1 billion valuation
Published: November 18, 2025 by: Reuters
Sentiment: Positive
Topgolf Callaway Brands on Tuesday agreed to sell majority stake in its Topgolf unit to private equity firm Leonard Green, in a deal valuing the business at $1.1 billion.
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TOPGOLF CALLAWAY BRANDS ANNOUNCES AN AGREEMENT TO SELL A MAJORITY STAKE IN ITS TOPGOLF BUSINESS TO LEONARD GREEN & PARTNERS
Published: November 18, 2025 by: PRNewsWire
Sentiment: Neutral
Leonard Green to acquire a 60% interest in Topgolf with Topgolf Callaway Brands retaining a 40% stake Topgolf Callaway Brands to receive ~$770 million in net proceeds CARLSBAD, Calif. , Nov. 18, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands," "we," "our," "us") (NYSE: MODG) today announced that it has signed a definitive agreement to sell a 60% stake in its Topgolf and Toptracer business ("Topgolf") to private equity funds managed by Leonard Green & Partners, L.P.
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Topgolf Callaway shares jump on PE sale talks
Published: November 14, 2025 by: Proactive Investors
Sentiment: Positive
Topgolf Callaway Brands Corp (NYSE:MODG) is in discussions to sell its Topgolf unit to private-equity firm Leonard Green, potentially valuing the business at around $1 billion, the Wall Street Journal reported on Friday. The potential transaction comes more than four years after Callaway acquired Topgolf in 2021 for roughly $2.66 billion, including the unit's debt, in an all-stock deal that later prompted the company to change its name.
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Topgolf in Talks to Be Sold to Private-Equity Firm Leonard Green
Published: November 14, 2025 by: WSJ
Sentiment: Positive
The deal would value the high-tech driving ranges at about $1 billion.
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Topgolf Callaway Brands Corp. (MODG) Hits Fresh High: Is There Still Room to Run?
Published: November 10, 2025 by: Zacks Investment Research
Sentiment: Positive
Topgolf Callaway (MODG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
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Wisconsin, Get Ready to Play: Topgolf Breaks Ground on First Venue in the State
Published: October 16, 2025 by: PRNewsWire
Sentiment: Neutral
Topgolf will open near the intersection of Beltline Highway and West Broadway in Monona in fall 2026 DALLAS , Oct. 16, 2025 /PRNewswire/ -- Topgolf announced today that construction is underway on a two-level venue in Monona, Wisconsin, located eight miles east of Madison. The highly anticipated venue will be Topgolf's first venue in the state of Wisconsin and is set to open in the fall of 2026.
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3 Stocks to Buy From the Prospering Leisure & Recreation Industry
Published: October 07, 2025 by: Zacks Investment Research
Sentiment: Positive
The Leisure and Recreation Products industry is benefiting from strong fitness demand and booming golf trends. Moreover, stocks like GOLF, PTON and MODG are likely to benefit from the trend.
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Callaway Could Double After Separating From Topgolf
Published: September 22, 2025 by: Seeking Alpha
Sentiment: Positive
Topgolf Callaway Brands (MODG) is undervalued due to market uncertainty around a potential Topgolf separation. Post-separation, MODG would be a stable, high-margin sports equipment and apparel business trading at just 6.6x earnings. A sale or spin-off of Topgolf could unlock significant value, with MODG shares potentially doubling as multiples expand.
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Topgolf Callaway Brands Corp. (MODG) Presents At Goldman Sachs 32nd Annual Global Retailing Conference 2025 (Transcript)
Published: September 04, 2025 by: Seeking Alpha
Sentiment: Neutral
Topgolf Callaway Brands Corp. (NYSE:MODG ) Goldman Sachs 32nd Annual Global Retailing Conference 2025 September 4, 2025 9:35 AM EDT Company Participants Oliver Brewer - President, CEO & Director Brian Lynch - Executive VP, Chief Legal Officer & CFO Conference Call Participants Katharine McShane - Goldman Sachs Group, Inc., Research Division Presentation Katharine McShane MD & Retail Analyst Good morning. Thank you for joining us.
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Find Your Happy Place: Topgolf Celebrates the Premiere of Happy Gilmore 2 with a Limited-Edition Odyssey Hockey Stick Putter Giveaway at all U.S. Venues
Published: July 21, 2025 by: PRNewsWire
Sentiment: Neutral
DALLAS , July 21, 2025 /PRNewswire/ -- Golf fans, comedy lovers and Happy Gilmore diehards – get ready to channel your inner Happy. In celebration of the highly anticipated premiere of Happy Gilmore 2 on Netflix July 25, Topgolf has partnered up with the global streaming service to tee up an epic giveaway.
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Callaway Is Launching The Happy Gilmore 2 Limited Edition Odyssey Hockey Stick Putters and Golf Balls to Celebrate The Release Of The Highly Anticipated Movie
Published: July 11, 2025 by: PRNewsWire
Sentiment: Neutral
CARLSBAD, Calif. and LOS ANGELES , July 11, 2025 /PRNewswire/ -- Happy Gilmore 2 debuts on Netflix July 25 th, and today in celebration of the upcoming film release, Callaway Golf is proud to announce the launch of the Limited Edition Odyssey Hockey Stick Putter and Callaway Golf Balls inspired by the movie.
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Topgolf Callaway stock jumps 11% after director scoops up more than $2 million worth of shares
Published: June 09, 2025 by: CNBC
Sentiment: Positive
Adebayo Ogunlesi, a director with ties to BlackRock and OpenAI, made his first purchase of the golf stock in nearly three years.
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Construction Efforts Underway in Parsippany as Topgolf Breaks Ground
Published: June 05, 2025 by: PRNewsWire
Sentiment: Neutral
The venue will be located along Route 46 near the intersection of I-80 and I-280 DALLAS , June 5, 2025 /PRNewswire/ -- Topgolf announced today that it broke ground on a three-level venue in Parsippany, New Jersey, which is set to open in the summer of 2026. This will be Topgolf's third venue in the state, joining existing locations in Mount Laurel and Edison.
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Topgolf Callaway Brands Completes Sale of Jack Wolfskin to ANTA Sports
Published: June 02, 2025 by: PRNewsWire
Sentiment: Neutral
CARLSBAD, Calif. , June 2, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) ("Topgolf Callaway Brands" or the "Company") is pleased to announce the successful completion of the sale of its Jack Wolfskin business to ANTA Sports for $290 million, subject to certain customary closing adjustments.
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Topgolf Callaway Q1 Earnings Surpass Estimates, Revenues Fall Y/Y
Published: May 13, 2025 by: Zacks Investment Research
Sentiment: Positive
MODG's Q1 top line reflects soft contributions from the Topgolf, Golf Equipment and Active Lifestyle segments.
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Topgolf Callaway Q1: Another Topgolf Bogey
Published: May 13, 2025 by: Seeking Alpha
Sentiment: Negative
Topgolf Callaway Brands Corp.'s Q1 results beat Wall Street expectations, but Topgolf's issues continued with a -12% same-venue sales decline and a lowered 2025 outlook. Other segments showed quite subdued sales but a very strong profitability performance. The divestment of Jack Wolfskin comes at a great valuation and enables Topgolf Callaway to slightly deleverage the high-debt balance sheet.
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Topgolf Callaway Q1: Another Topgolf Bogey
Published: May 13, 2025 by: Seeking Alpha
Sentiment: Negative
Topgolf Callaway Brands Corp.'s Q1 results beat Wall Street expectations, but Topgolf's issues continued with a -12% same-venue sales decline and a lowered 2025 outlook. Other segments showed quite subdued sales but a very strong profitability performance. The divestment of Jack Wolfskin comes at a great valuation and enables Topgolf Callaway to slightly deleverage the high-debt balance sheet.
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Exploring Analyst Estimates for Topgolf Callaway (MODG) Q1 Earnings, Beyond Revenue and EPS
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Positive
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Topgolf Callaway (MODG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
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Topgolf Callaway: Why Investors Should Take A Swing
Published: March 06, 2025 by: Seeking Alpha
Sentiment: Positive
Topgolf and Callaway will separate into two independent companies, potentially unlocking value. Callaway will focus on golf equipment, while Topgolf will operate as a debt-free entertainment brand. The stock has plunged 84% since its peak, largely due to the challenges of merging golf equipment manufacturing with entertainment. However, at $6 per share it is undervalued. Callaway is positioned for stable growth with its premium golf gear and Toptracer technology, while Topgolf presents a higher-risk, high-reward opportunity through international expansion and innovation.
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Topgolf Callaway (MODG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Published: February 24, 2025 by: Zacks Investment Research
Sentiment: Positive
The headline numbers for Topgolf Callaway (MODG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Topgolf Callaway Brands to Release Fourth Quarter and Full Year 2024 Financial Results
Published: February 17, 2025 by: PRNewsWire
Sentiment: Neutral
CARLSBAD, Calif. , Feb. 17, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its fourth quarter and full year 2024 financial results on Monday, February 24, 2025, after the market closes.
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About Topgolf Callaway Brands Corp. (MODG)
- IPO Date 1992-02-28
- Website https://www.callawaygolf.com
- Industry Leisure
- CEO Oliver G. Brewer III
- Employees 30000