Added to YB: 2025-09-24
Pitch date: 2025-08-04
MODG [bullish]
Callaway Golf Company
+82.53%
current return
Author Info
No bio for this author
Company Info
Callaway Golf Company designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally.
Market Cap
$2.7B
Pitch Price
$8.70
Price Target
19.00 (+20%)
Dividend
N/A
EV/EBITDA
12.90
P/E
N/A
EV/Sales
N/A
Sector
Leisure Products
Category
special_situation
Topgolf Callaway Brands Corp. - $MODG
MODG: TopGolf spin-off/sale by 2026 creates standalone Callaway trading at 5x 2027e $1.57 EPS vs peers at 2.3-2.4x sales. COVID golf replacement cycle + female participation growth + underpriced TopTracer ($200/month since 2016) provide catalysts. Jack Wolfskin sale reduces leverage. Target $19 (125% upside).
Read full article (14 min)