Latest news with #MODG
Yahoo
3 days ago
- Business
- Yahoo
Was Jim Cramer Right About Topgolf Callaway Brands Corp. (MODG)?
We recently published a list of . In this article, we are going to take a look at where Topgolf Callaway Brands Corp. (NYSE:MODG) stands against other stocks that Jim Cramer discusses. A caller asked Cramer about Topgolf Callaway Brands Corp. (NYSE:MODG), hoping for a rebound in the stock. At the time, Cramer had lost patience with Callaway and recommended another retail stock instead. He replied: 'You know, I keep thinking it's going to move up… and you know what I've decided? Just better play it with Dick's. Dick's has got golf. Dick's has better run. I'm going with Dick's.' Cramer was right to not support the stock as it's down -60.65% since. A group of happy golfers basking in the warm sun on a golf course. Topgolf Callaway Brands Corp. (NYSE:MODG) is a golf and active lifestyle company that owns Callaway Golf and operates Topgolf, a social entertainment venue combining sports, dining, and gaming. Overall, MODG ranks 4th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of MODG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
1 of Wall Street's Favorite Stock with Exciting Potential and 2 to Avoid
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it's worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover. At StockStory, we look beyond the headlines with our independent analysis to determine whether these bullish calls are justified. That said, here is one stock where Wall Street's excitement appears well-founded and two where its enthusiasm might be excessive. Consensus Price Target: $2.92 (24.6% implied return) Based in Long Island City, Altice USA (NYSE:ATUS) is a telecommunications company offering cable, internet, telephone, and television services across the United States. Why Do We Pass on ATUS? Performance surrounding its broadband subscribers has lagged its peers Sales were less profitable over the last five years as its earnings per share fell by 27.4% annually, worse than its revenue declines Unfavorable liquidity position could lead to additional equity financing that dilutes shareholders Altice is trading at $2.34 per share, or 0.3x forward EV-to-EBITDA. Dive into our free research report to see why there are better opportunities than ATUS. Consensus Price Target: $8.42 (40.1% implied return) Formed between the merger of Callaway and Topgolf, Topgolf Callaway (NYSE:MODG) sells golf equipment and operates technology-driven golf entertainment venues. Why Should You Sell MODG? Weak constant currency growth over the past two years indicates challenges in maintaining its market share Performance over the past five years shows its incremental sales were much less profitable, as its earnings per share fell by 22.6% annually Shrinking returns on capital from an already weak position reveal that neither previous nor ongoing investments are yielding the desired results Topgolf Callaway's stock price of $6.01 implies a valuation ratio of 2.3x forward EV-to-EBITDA. Read our free research report to see why you should think twice about including MODG in your portfolio, it's free. Consensus Price Target: $349.20 (14.8% implied return) Founded in 2014 and named after the dreaded first day of the work week, (NASDAQ:MNDY) is a software-as-a-service platform that helps organizations plan and track work efficiently. Why Is MNDY a Good Business? ARR trends over the last year show it's maintaining a steady flow of long-term contracts that contribute positively to its revenue predictability Prominent and differentiated software culminates in a best-in-class gross margin of 89.5% MNDY is a free cash flow machine with the flexibility to invest in growth initiatives or return capital to shareholders At $304.18 per share, trades at 12.5x forward price-to-sales. Is now the right time to buy? See for yourself in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Topgolf Callaway Q1 Earnings Surpass Estimates, Revenues Fall Y/Y
Topgolf Callaway Brands Corp. MODG reported first-quarter 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. The top line declined year over year, while the bottom line declined from the prior-year quarter's the quarter, the company stated benefits from cost reduction and margin enhancement initiatives. It announced an agreement to divest its Jack Wolfskin business. Management emphasized that this move will enable MODG to sharpen its focus on core operations, improve resource allocation and strengthen both its balance sheet and liquidity. Looking ahead, management remains optimistic about maintaining full-year revenues and adjusted EBITDA guidance. This outlook is supported by a strong start to the year, favorable currency trends, and ongoing efforts to manage costs and offset tariff-related pressures. Despite market uncertainties, the company believes it is well-positioned to deliver long-term shareholder value through strategic execution, operational focus and key portfolio realignments. For the quarter under review, the company reported an adjusted earnings per share (EPS) of 11 cents, beating the Zacks Consensus Estimate of 4 cents. In the prior-year quarter, the company reported an adjusted EPS of 8 cents. Topgolf Callaway Brands Corp. price-consensus-eps-surprise-chart | Topgolf Callaway Brands Corp. Quote Total revenues of $1.09 billion beat the consensus estimate by 3.1%. However, the top line declined 4.5% year over year. Topgolf: Revenues of this segment amounted to $393.7 million, down 6.8% from the reported value of $422.8 million in the year-ago quarter. The segment's operating loss came in at $11.9 million against an income of $2.9 million reported in the prior-year quarter. The downside can be attributed to lower same-venue sales (down 12% year over year). Segment-adjusted EBITDA came in at $43.9 million compared with $59.8 million reported in the prior-year quarter. The downside was due to a decline in same-venue sales, partially offset by cost reduction Equipment: Revenues of this segment amounted to $443.7 million, down 0.3% from $449.9 million reported in the prior-year quarter. The segment's operating income came in at $101.6 million compared with $82.1 million reported in the prior-year quarter. The upside was driven by improved gross margin performance, the favorable impact of cost savings initiatives and a lease termination incentive for our Japan subsidiary. Active Lifestyle: Revenues of this segment amounted to $254.9 million, down 4.7% from the reported value of $271.5 million in the year-ago quarter. The decline can be attributed to the strategic downsizing of the Jack Wolfskin business in Europe. However, this was partially offset by growth in the China market. The segment's operating income came in at $30.6 million compared with $24.7 million reported in the prior-year quarter. During the first quarter of 2025, the company's total costs and expenses amounted to $1.03 billion compared with $1.08 billion reported in the prior-year period. Adjusted net income during the quarter came in at $20.3 million compared with $14.4 million reported in the prior-year quarter. Adjusted EBITDA during the quarter came in at $167.3 million compared with $160.9 million reported in the prior-year quarter. As of March 31, 2025, MODG's cash and cash equivalents amounted to $317 million compared with $445 million as of Dec. 31, 2024. The company's long-term debt (as of March 31) was $1.455 billion, almost flat sequentially. For the second quarter of 2025, the company expects revenues to be in the range of $1.075-$1.115 billion. It expects adjusted EBITDA to be in the range of $139-$159 million. In 2025, the company anticipates revenues to be in the range of $4-$4.19 billion. Topgolf revenues are expected to come in between $1.68 billion and $1.79 billion, compared to the previous estimate of $1.725 billion to $1.835 billion. Same venue sales growth for Topgolf is now projected to decline between 6% and 12%, compared with a prior expectation of a mid-single-digit decline. The company expects consolidated adjusted EBITDA to be in the range of $415-$505 million. Topgolf Callaway currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Norwegian Cruise Line Holdings Ltd. NCLH reported first-quarter 2025 results, with earnings and revenues missing the Zacks Consensus Estimate. Both the top and bottom lines decreased on a year-over-year in the quarter were hurt by a 2% decline in Capacity Days, stemming from a higher number of Berths out of service due to larger ships undergoing dry-dock, as well as a strategic move to reduce passenger air participation rates. For 2025, Norwegian Cruise anticipates occupancy to be approximately 102.5% compared with the prior guidance of 103.4% and Capacity Days to be about 24.545 Resorts International MGM reported first-quarter 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines declined from the prior-year quarter's remains optimistic about the outlook for the rest of 2025, supported by strong forward bookings and expectations for record hotel performance in April on the Las Vegas Strip. MGM Resorts stated progress on the $200 million EBITDA enhancement plan and expects more than $150 million to be realized in Entertainment, Inc. CZR reported mixed first-quarter 2025 results, with earnings missing the Zacks Consensus Estimate and revenues surpassing the same. Nonetheless, both the top and bottom lines improved on a year-over-year Entertainment's first-quarter performance was driven by record results in the Digital segment. Growth in the regional segment, supported by recently opened properties, and solid performance in Las Vegas, despite a tough comparison to last year's Super Bowl period, also aided the quarter's performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MGM Resorts International (MGM) : Free Stock Analysis Report Caesars Entertainment, Inc. (CZR) : Free Stock Analysis Report Norwegian Cruise Line Holdings Ltd. (NCLH) : Free Stock Analysis Report Topgolf Callaway Brands Corp. (MODG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
09-04-2025
- Business
- Yahoo
2 High-Flying Stocks with Exciting Potential and 1 to Ignore
"You get what you pay for" often applies to expensive stocks with best-in-class business models and execution. While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change. Finding the right balance between price and quality can challenge even the most skilled investors. Luckily for you, we started StockStory to help you identify the real opportunities. Keeping that in mind, here are two high-flying stocks to hold for the long term and one with big downside risk. Forward P/E Ratio: 323.9x Formed between the merger of Callaway and Topgolf, Topgolf Callaway (NYSE:MODG) sells golf equipment and operates technology-driven golf entertainment venues. Why Is MODG Risky? Underwhelming constant currency revenue performance over the past two years suggests its product offering at current prices doesn't resonate with customers Ability to fund investments or reward shareholders with increased buybacks or dividends is restricted by its weak free cash flow margin of -0.4% for the last two years Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions At $5.52 per share, Topgolf Callaway trades at 323.9x forward price-to-earnings. If you're considering MODG for your portfolio, see our FREE research report to learn more. Forward P/E Ratio: 34.9x The developer of the world's first frost-proof water meter in 1905, Badger Meter (NYSE:BMI) provides water control and measure equipment to various industries. Why Is BMI a Good Business? Annual revenue growth of 20.9% over the past two years was outstanding, reflecting market share gains this cycle Earnings growth has massively outpaced its peers over the last two years as its EPS has compounded at 36.7% annually BMI is a free cash flow machine with the flexibility to invest in growth initiatives or return capital to shareholders Badger Meter is trading at $170.72 per share, or 34.9x forward price-to-earnings. Is now the time to initiate a position? See for yourself in our full research report, it's free. Forward P/E Ratio: 58.1x Pioneering minimally invasive surgery since its first da Vinci system was FDA-cleared in 2000, Intuitive Surgical (NASDAQ:ISRG) develops and manufactures robotic-assisted surgical systems that enable minimally invasive procedures across various medical specialties. Why Do We Watch ISRG? Products are seeing elevated demand as its system placement averaged 9.7% growth over the past two years Forecasted revenue growth of 14.8% for the next 12 months indicates its momentum over the last two years is sustainable Earnings growth has comfortably beaten the peer group average over the last five years as its EPS has compounded at 11.5% annually Intuitive Surgical's stock price of $451.33 implies a valuation ratio of 58.1x forward price-to-earnings. Is now a good time to buy? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Axon (+711% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Is There Now An Opportunity In Topgolf Callaway Brands Corp. (NYSE:MODG)?
Topgolf Callaway Brands Corp. (NYSE:MODG), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. However, could the stock still be trading at a relatively cheap price? Let's examine Topgolf Callaway Brands's valuation and outlook in more detail to determine if there's still a bargain opportunity. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our valuation model, the stock is currently overvalued by about 31%, trading at US$6.30 compared to our intrinsic value of $4.80. This means that the buying opportunity has probably disappeared for now. But, is there another opportunity to buy low in the future? Given that Topgolf Callaway Brands's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. View our latest analysis for Topgolf Callaway Brands Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Topgolf Callaway Brands' earnings over the next few years are expected to increase by 95%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? MODG's optimistic future growth appears to have been factored into the current share price, with shares trading above its fair value. At this current price, shareholders may be asking a different question – should I sell? If you believe MODG should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping an eye on MODG for a while, now may not be the best time to enter into the stock. The price has surpassed its true value, which means there's no upside from mispricing. However, the optimistic prospect is encouraging for MODG, which means it's worth diving deeper into other factors in order to take advantage of the next price drop. If you'd like to know more about Topgolf Callaway Brands as a business, it's important to be aware of any risks it's facing. You'd be interested to know, that we found 1 warning sign for Topgolf Callaway Brands and you'll want to know about it. If you are no longer interested in Topgolf Callaway Brands, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
