Topgolf Callaway Brands Corp (NYSE: MODG) has reported E.P.S. of $0.16 for its third fiscal quarter (ending September 30) versus $0.21 for the same period a year ago — a decline of -24%. However, this result exceeded the consensus estimate of $0.12 by $0.04. E.P.S. were $0.54 for the latest four quarters through September 30 versus $1.11 for the same period a year ago — a decline of -51%.
Recent Price Action
Topgolf Callaway Brands Corp (NYSE: MODG) stock closed at $12.45 on 11/8/23 after a large decline of -4.7%. The stock has been extremely weak relative to the market over the last nine months but has risen 1.9% during the last week.
Current PriceTarget Research Rating
MODG's future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Topgolf Callaway Brands has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR's two proprietary measures of a stock's attractiveness. Topgolf Callaway Brands has a neutral Appreciation Score of 47 but a very low Power Rating of 9, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.