Topgolf Callaway Brands Corp (NYSE: MODG) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Callaway Golf Announces New Paradym Ai Smoke Woods and Irons.

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Stocks Info

The company is listed on the NYSE and operates within the Leisure industry segment. At the end of the last regular session, the stock closed at $14.44 and fluctuated between $14.82 as its day high and $14.14 as its day low. The current market capitalization of Topgolf Callaway Brands Corp is $2.66B. A total of 2.2 million shares were traded on the day, compared to an average of 3.78M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MODG has seen 20 BUY and 10 SELL insider trades, representing the acquisition of 625,476 and the disposition of 564,800 shares. Over the last 12 months, there were 96 BUYs and 60 SELLs from insiders. Insiders purchased 1,948,611 shares during that period but sold 4,512,722.

In the most recent transaction, Flanagan Laura Jean bought 4,775 shares of MODG for 12.61 per share on Dec 12. After the transaction, the Director now owns 35,076 company shares. In a previous transaction on Nov 22, BREWER OLIVER G III bought 11,000 shares at 11.68 per share. MODG shares that President and CEO owns now total 611,156.

Among the insiders who bought shares, Flanagan Laura Jean acquired of 1,676 shares on Nov 15 at a per-share price of $11.94. This resulted in the Director holding 30,301 shares of MODG after the transaction. In another insider transaction, ANDERSON ERIK J sold 10,000 shares at $12.03 per share on Nov 15. Company shares held by the Director now total 792,959.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MODG in the last 3 months, the mean price target is $17.77 with high estimates of $43.00 and low estimates of $10.00. In terms of 52-week highs and lows, MODG has a high of $25.96 and a low of $9.84.

As of this writing, MODG has an earnings estimate of -$0.33 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of -$0.2 per share and a lower estimate of -$0.39. The company reported an EPS of $0.39 in the last quarter, which was 14.70% higher than expectations of $0.34.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MODG’s latest balance sheet shows that the firm has $352.20M in Cash & Short Term Investments as of fiscal 2021. There were $2.95B in debt and $866.00M in liabilities at the time. Its Book Value Per Share was $21.41, while its Total Shareholder’s Equity was $3.68B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MODG is Buy with a score of 4.00.

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