A Closer Look at 12 Analyst Recommendations For Topgolf Callaway Brands
Portfolio Pulse from Benzinga Insights
In the past three months, 12 analysts have provided ratings for Topgolf Callaway Brands (NYSE:MODG), with a mix of bullish, neutral, and bearish perspectives. The average 12-month price target has decreased from $18.04 to $13.42, reflecting a 25.61% decline. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Despite challenges, Topgolf Callaway Brands shows strong financial health with a high market capitalization, impressive net margin, ROE, and ROA, but faces challenges with debt management.
October 17, 2024 | 1:00 pm
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Topgolf Callaway Brands (NYSE:MODG) has received mixed analyst ratings over the past three months, with a decrease in the average 12-month price target from $18.04 to $13.42. Analysts have adjusted their ratings and price targets, reflecting a cautious outlook. Despite a decline in revenue growth, the company maintains strong financial health with high net margins and ROE, but faces challenges in debt management.
The mixed analyst ratings and significant drop in the average price target suggest a cautious outlook for MODG. However, the company's strong financial metrics like net margin and ROE provide a counterbalance, indicating resilience. The high debt-to-equity ratio is a concern, but overall, the impact on the stock price is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100