Topgolf Callaway Brands Corp (NYSE:MODG) price on Wednesday, July 02, rose 6.46% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $9.23.
A look at the stock’s price movement, the close in the last trading session was $8.67, moving within a range at $8.69 and $9.27. The beta value (5-Year monthly) was 1.204. Turning to its 52-week performance, $16.89 and $5.42 were the 52-week high and 52-week low respectively. Overall, MODG moved 54.87% over the past month.
Topgolf Callaway Brands Corp’s market cap currently stands at around $1.70 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-12.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MODG is a 50% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 5 recommend MODG as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MODG’s current price about 16.93% and 29.03% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 72.71, while 7-day volatility ratio is 5.18% and 5.25% in the 30-day chart. Further, Topgolf Callaway Brands Corp (MODG) has a beta value of 1.25. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $7 and high of $7. Looking at the price targets, the low is 24.16% off current price level while to achieve the yearly target high, price needs to move 24.16%. Nonetheless, investors will most likely welcome a 24.16% jump to $7 which is the analysts’ median price.
If we refocus on Topgolf Callaway Brands Corp (NYSE:MODG), historical trading data shows that trading volumes averaged 2.66 over the past 10 days and 2.93 million over the past 3 months. The company’s latest data on shares outstanding shows there are 183.70 million shares.
The 29.57% of Topgolf Callaway Brands Corp’s shares are in the hands of company insiders while institutional holders own 66.75% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 19.62 million on 2025-06-13, giving us a short ratio of 6.62. The data shows that as of 2025-06-13 short interest in Topgolf Callaway Brands Corp (MODG) stood at 1690.0000000000002 of shares outstanding, with shares short falling to 20.4 million registered in 2025-05-15. Current price change has pushed the stock -39.67% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MODG stock continues to rise going into the next quarter.