Topgolf Callaway BrandsMODG
About: Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories through brands such as, Topgolf, Callaway Golf, Odyssey, TravisMathew, Jack Wolfskin, OGIO and Toptracer. The company's reportable segments are; Topgolf, Golf Equipment and Active Lifestyle. Majority of the revenue is generated from its Topgolf segment which is predominantly comprised of service revenues and expenses from the company operated Topgolf venues, Toptracer ball-flight tracking technology, and WGT digital golf game. Geographically, majority of the revenue for the company is derived from United States.
Employees: 30,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
2% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 57
1.42% less ownership
Funds ownership: 86.66% [Q3] → 85.24% (-1.42%) [Q4]
2% less funds holding
Funds holding: 292 [Q3] → 287 (-5) [Q4]
14% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 95
30% less capital invested
Capital invested by funds: $1.75B [Q3] → $1.23B (-$517M) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 6 [Q3] → 4 (-2) [Q4]
47% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $19.8M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Truist Securities Michael Swartz 2% 1-year accuracy 1 / 57 met price target | 10%upside $7 | Buy Maintained | 14 Apr 2025 |
Roth MKM George Kelly 35% 1-year accuracy 13 / 37 met price target | 72%upside $11 | Buy Reiterated | 25 Feb 2025 |
JP Morgan Matthew Boss 38% 1-year accuracy 31 / 81 met price target | 41%upside $9 | Neutral Maintained | 23 Jan 2025 |
Financial journalist opinion









