How to Buy Topgolf Callaway Brands Stock
Topgolf Callaway Brands Corp
Topgolf Callaway Brands is a leisure company located in California, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker MODG on the NYSE exchange.
Topgolf Callaway Brands stock last closed at $14.08, down 1.54% from the previous day, and has decreased 26.97% in one year. It has underperformed other stocks in the Leisure industry by 0.25 percentage points. Topgolf Callaway Brands stock is currently +0.64% from its 52-week low of $13.99, and -45.76% from its 52-week high of $25.96.
As of Sep 25, 2023, there are 185.48M MODG shares outstanding. The market value of MODG is $2.61B. In the last 24 hours, 4.66M MODG shares were traded.
How to Buy Topgolf Callaway Brands Stock
Wondering how to invest in Topgolf Callaway Brands stock? Here's how.
- Choose where to buy Topgolf Callaway Brands stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Topgolf Callaway Brands stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your details.
- Evaluate Topgolf Callaway Brands stock: The Topgolf Callaway Brands ticker symbol is MODG. Is Topgolf Callaway Brands stock a good investment? Should you buy shares of MODG? How do MODG's underlying business fundamentals look? Do top analysts think Topgolf Callaway Brands is a good buy? Why has MODG's stock price moved recently? (Hint: Our stock market research website can help you evaluate if MODG is a good stock to buy).
- Make your MODG buy order: Decide if you will purchase MODG shares at the current market price or use a limit order to buy MODG shares at a specific price.
- Keep an eye on your MODG investment: Create a watchlist to track your position in Topgolf Callaway Brands shares.
Step 1: Choose where to buy Topgolf Callaway Brands stock
You need an online brokerage account to access the NYSE market and buy MODG stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
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- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal information so you are able to buy MODG stock today.
How to Set Up a New Account on eToro
- Click here to get started.
- Input your personal data to start your new brokerage account.
- Send your details by clicking the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you've opened your account on a mobile trading app, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing funds into your investment account.
Step 4: Evaluate Topgolf Callaway Brands stock
Once you have chosen the best place to buy Topgolf Callaway Brands stock, it's very important to evaluate their stock prior to buying, so you truly wrap your head around the risk and opportunity.
Topgolf Callaway Brands quick stats
Topgolf Callaway Brands Fundamentals
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on MODG's stock page.
Is MODG stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge MODG's intrinsic value.
Using relative valuations metrics:
- MODG may be overvalued based on its P/E ratio of 24.7x, relative to Leisure industry P/E ratio of 11.75x
- MODG could be undervalued based on its P/B ratio of 0.66x, relative to Leisure industry P/B ratio of 5.26x
You can do additional valuation research on MODG's stock here.
A quick look at MODG Financials
Positive Health Checks:
- MODG has $192.30M in cash and short term investments. This is sufficient to cover its annual cash burn of $560.30M.
- There are more short-term assets than short-term liabilities on the MODG balance sheet.
Negative Health Checks:
- MODG has a relatively high debt to equity ratio of 1.28.
- There are more long-term liabilities than short-term assets on the MODG balance sheet.
- MODG has cash burn of 560300000. It does not have sufficient cash and short-term investments to cover this.
- Total MODG debt is higher than 5 years ago, relative to shareholder equity.
- MODG profit margin has gone down from 4% to 2.6% in the past year.
Is Topgolf Callaway Brands stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Wall Street analysts who track MODG, the consensus analyst rating on Topgolf Callaway Brands is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent MODG Analyst Recommendations
Matthew Boss, a top 15% analyst from JP Morgan maintains MODG with a strong buy rating and lowers their MODG price target from $28.00 to $23.00, on Sep 13, 2023.
Casey Alexander, a top 15% analyst from Compass Point maintains MODG with a strong buy rating and lowers their MODG price target from $34.00 to $31.00, on Aug 21, 2023.
An analyst from Goldman Sachs maintains MODG with a hold rating and lowers their MODG price target from $29.00 to $20.00, on Aug 11, 2023.
Michael Swartz, a top 5% analyst from Truist Securities maintains MODG with a strong buy rating and lowers their MODG price target from $30.00 to $25.00, on Aug 9, 2023.
Daniel Imbro, a top 8% analyst from Stephens & Co. reiterates MODG with a strong buy rating and maintains their MODG price target from $33.00 to $33.00, on Aug 9, 2023.
You can dive deeper into what analysts are saying on the Topgolf Callaway Brands stock forecast page.
MODG Technicals
MODG Earnings
Last year, MODG earnings were $108.20M. During the last 5 year, MODG's earnings have gone up by -12.79% per year. This was slower than the Leisure industry average of 2.97%.
Last year, MODG revenue was $4.19B. In the past 5 year, MODG's revenue has gone up by 27.66% per year. This was faster than the Leisure industry average of 18.36%.
Find out more about MODG's earnings and revenue performance here.
Are MODG insiders buying or selling the stock?
Over the past 12 months, insiders at MODG have sold more shares than they have bought.
Oliver G. Brewer Iii, President and CEO of MODG, was the latest MODG insider to buy. They bought $162,100.00 worth of MODG shares on Aug 25, 2023.
Get more info about who owns MODG shares here.
Does MODG stock generate passive income?
No, Topgolf Callaway Brands doesn't provide an income stream by paying out dividends.
What others are saying about MODG
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your MODG buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and your broker will place the order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your MODG investment
Now that you own some MODG stock, you'll want to keep up with your new investment.
Create a watchlist to get alerted to the latest events about your MODG stock.
MODG Feed
How to Buy Stock in Topgolf Callaway Brands
To summarize, here are the 6 steps to buy Topgolf Callaway Brands stock:
- Choose where to buy Topgolf Callaway Brands stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate Topgolf Callaway Brands stock
- Make your MODG buy order
- Keep an eye on your MODG investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Topgolf Callaway Brands, hit the button below to create your watchlist.
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