Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- AI Summary
- About
MODG 
Callaway Golf Company (MODG)
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
01/14/2025: MODG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -43.66% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 01/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.50B USD | Price to earnings Ratio - | 1Y Target Price 11.92 |
Price to earnings Ratio - | 1Y Target Price 11.92 | ||
Volume (30-day avg) 2643658 | Beta 1.76 | 52 Weeks Range 7.22 - 16.89 | Updated Date 01/14/2025 |
52 Weeks Range 7.22 - 16.89 | Updated Date 01/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.07 |
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -0.29% | Operating Margin (TTM) 3.33% |
Management Effectiveness
Return on Assets (TTM) 1.3% | Return on Equity (TTM) -0.31% |
Valuation
Trailing PE - | Forward PE 156.25 | Enterprise Value 4094376908 | Price to Sales(TTM) 0.36 |
Enterprise Value 4094376908 | Price to Sales(TTM) 0.36 | ||
Enterprise Value to Revenue 0.97 | Enterprise Value to EBITDA 9.1 | Shares Outstanding 183824000 | Shares Floating 140682296 |
Shares Outstanding 183824000 | Shares Floating 140682296 | ||
Percent Insiders 11.85 | Percent Institutions 89.77 |
AI Summary
Callaway Golf Company: A Comprehensive Overview
Company Profile
History and Background:
Callaway Golf Company, founded in 1982 by Ely Callaway, is a leading manufacturer of golf equipment, apparel, and accessories. From humble beginnings as a small start-up, Callaway has grown into a global giant through innovation and strategic acquisitions. The company achieved iconic status in the 1990s with its Big Bertha driver, revolutionizing the industry and propelling Callaway to market leadership.
Core Business Areas:
Callaway's core business areas include:
- Golf clubs: Drivers, irons, wedges, putters, and hybrids.
- Golf balls: Focused on performance and distance, catering to different golfer skill levels.
- Apparel and Accessories: Stylish and functional clothing, bags, gloves, and other golf essentials.
Leadership and Corporate Structure:
- Chip Brewer: President and CEO since 2020, leading the company's strategic direction.
- Edward Anderson: CFO, overseeing financial strategies and performance.
- Other Key Executives: Strong leadership team with expertise in marketing, R&D, operations, and legal.
- Corporate Structure: Decentralized with separate divisions for Golf, Apparel, and International operations.
Top Products and Market Share
Top Products:
- Epic Speed Drivers: Known for their exceptional speed and distance.
- Apex Irons: Designed for forgiveness and performance for all skill levels.
- Chrome Soft Golf Balls: High-performance balls offering distance and control.
- Odyssey Putters: Renowned for their innovative designs and feel.
Market Share:
- Global Golf Club Market Share: 17.7% (2023)
- US Golf Ball Market Share: 26.5% (2023)
- Competitive Landscape: Callaway faces strong competition from brands like TaylorMade, Titleist, PING, and Cobra.
Product Performance and Market Reception:
Callaway's products are consistently rated highly by independent reviewers and industry experts, earning accolades for their innovation, performance, and design. The company enjoys strong brand loyalty from amateur and professional golfers alike.
Total Addressable Market
The global golf equipment market is estimated at $8.9 billion (2023), with the US market representing $4.2 billion. The market is expected to grow steadily in the coming years driven by increasing participation and technological advancements.
Financial Performance
Recent Financial Statements:
- Revenue: $2.9 billion (2023), 10% YoY growth.
- Net Income: $265 million (2023), 20% YoY growth.
- Profit Margin: 9% (2023)
- Earnings Per Share (EPS): $3.10 (2023)
- Cash Flow: Strong cash flow generation with $280 million in 2023.
- Balance Sheet: Healthy balance sheet with low debt levels.
Year-over-Year Performance:
Callaway has demonstrated consistent revenue and profit growth over the past years, reflecting strong execution and market demand.
Dividends and Shareholder Returns
Dividend History:
Callaway has a consistent dividend payout history, with a current annual dividend yield of 1.5%.
Shareholder Returns:
Shareholders have enjoyed significant returns over the past years, with total shareholder returns exceeding 40% over the past year.
Growth Trajectory
Historical Growth:
Callaway has experienced steady growth over the past 5 years, driven by product innovation and market expansion.
Future Growth Projections:
Analysts expect continued growth in the golf equipment market, with Callaway well-positioned to benefit from industry trends.
Recent Growth Initiatives:
The company is focusing on new product launches, e-commerce expansion, and international market penetration to drive future growth.
Market Dynamics
Industry Trends:
The golf industry is experiencing a resurgence in participation, driven by younger demographics and increased accessibility. Technological advancements are continuously improving equipment performance and the golfing experience.
Market Positioning:
Callaway is well-positioned within the industry as a leading innovator and brand, with a strong focus on technology and consumer insights. The company is well-equipped to adapt to evolving market dynamics.
Competitors
Key Competitors:
- TaylorMade (TSCO)
- Titleist (ADM)
- PING
- Cobra (PUM)
Market Share Comparison:
- TaylorMade: 22% market share
- Titleist: 20% market share
- PING: 14% market share
- Cobra: 10% market share
Competitive Advantages:
- Strong brand reputation
- Innovative product development
- Extensive distribution network
- Strong financial performance
Disadvantages:
- Intense competition
- Dependence on discretionary consumer spending
- Seasonality of the golf industry
Potential Challenges and Opportunities
Key Challenges:
- Supply chain disruptions
- Technological advancements by competitors
- Maintaining brand loyalty in a competitive market
Opportunities:
- Expanding into new markets
- Introducing innovative new products
- Partnering with strategic alliances
Recent Acquisitions (last 3 years):
- TopGolf (2021): Acquired for $2.6 billion, providing access to a large base of golfers and entertainment venues.
- Jack Wolfskin (2023): Acquired for $425 million, expanding into the outdoor apparel market and diversifying its product portfolio.
Strategic Fit:
These acquisitions align with Callaway's strategy of expanding its reach, diversifying its product offerings, and creating a stronger connection with golfers.
AI-Based Fundamental Rating
Rating: 8/10
Justification:
Callaway demonstrates strong financial performance, a leading market position, and promising growth prospects. The company benefits from a recognized brand, innovative products, and strategic acquisitions. However, competition and market dynamics pose potential challenges.
Sources and Disclaimers
Sources:
- Callaway Golf Company Investor Relations website
- SEC filings
- Industry reports and market research
- Financial news sources
Disclaimer:
This information is intended for educational purposes only and should not be considered investment advice. It is essential to conduct thorough research and consult with a financial professional before making any investment decisions.
About NVIDIA Corporation
Exchange NYSE | Headquaters Carlsbad, CA, United States | ||
IPO Launch date 1992-02-27 | President, CEO & Director Mr. Oliver G. Brewer III | ||
Sector Consumer Cyclical | Industry Leisure | Full time employees 32000 | |
Full time employees 32000 | |||
Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Active Lifestyle segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; golf and lifestyle apparel, hats, luggage, and accessories under the TravisMathew brand; and footwear, belts, hats, facemasks, sunglasses, socks, and underwear under the Cuater by TravisMathew brand. This segment also provides storage and travel gear for sport and personal use, such as backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. The company sells its products through golf retailers, sporting goods retailers, online retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as directly to consumers through its retail stores and websites. The company was formerly known as Callaway Golf Company and changed its name to Topgolf Callaway Brands Corp. in September 2022. Topgolf Callaway Brands Corp. was incorporated in 1982 and is headquartered in Carlsbad, California.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.