Professional
Added to YB: 2025-01-03
Pitch date: 2025-01-02
MODG [bullish]
Topgolf Callaway Brands Corp.
+27.23%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$1.7B
Pitch Price
$8.96
Price Target
13.00 (+14%)
Dividend
N/A
EV/EBITDA
7.90
P/E
-1.14
EV/Sales
1.32
Sector
Leisure Products
Category
value
MODG: Undervalued Golf Giant with $13 Target Price (Jefferies)
MODG: Jefferies upgrades to Buy, PT $13. Sum-of-parts shows Callaway undervalued vs GOLF despite faster growth, Topgolf at zero value. Weak Topgolf fundamentals, but shares oversold. Separation ahead, SOTP 2x current price. Strong golf equipment expertise & industry tailwinds.
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