There’s No Getting Around Topgolf Callaway Brands Corp (NYSE: MODG) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted TOPGOLF CALLAWAY BRANDS ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2023 RESULTS.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

MODG belongs to the Consumer Cyclical sector of the NYSE while operating in the Leisure industry. The current market capitalization of Topgolf Callaway Brands Corp is $2.69B. A total of 2.01 million shares were traded on the day, compared to an average of 3.38M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, MODG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 65 BUYs and 34 SELLs from insiders. Insiders purchased 1,446,975 shares during that period but sold 4,201,461.

In the most recent transaction, ANDERSON ERIK J sold 5,000 shares of MODG for 14.55 per share on Feb 20. After the transaction, the Director now owns 777,959 company shares. In a previous transaction on Feb 16, ANDERSON ERIK J sold 2,028 shares at 14.79 per share. MODG shares that Director owns now total 2,242.

Among the insiders who sold shares, ANDERSON ERIK J disposed of 10,000 shares on Feb 15 at a per-share price of $15.12. This resulted in the Director holding 782,959 shares of MODG after the transaction. In another insider transaction, Flanagan Laura Jean bought 4,775 shares at $12.61 per share on Dec 12. Company shares held by the Director now total 35,076.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for MODG in the last 3 months, the mean price target is $18.17 with high estimates of $40.00 and low estimates of $10.00. In terms of 52-week highs and lows, MODG has a high of $24.08 and a low of $9.84.

As of this writing, MODG has an earnings estimate of $Topgolf Callaway Brands Corp. per share for the current quarter. EPS was calculated based on a consensus of Modine Manufacturing Company estimates, with a high estimate of $Modular Medical, Inc. per share and a lower estimate of $VictoryShares WestEnd U.S. Sect.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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.

Most Popular

Related Posts