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Added to YB: 2025-01-03

Pitch date: 2025-01-02

MODG [bullish]

Callaway Golf Company

+77.23%

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

$8.96

Price Target

13.00 (-18%)

Dividend

N/A

EV/EBITDA

12.90

P/E

N/A

EV/Sales

N/A

Sector

Leisure Products

Category

value

Show full summary:
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.

Read full article (1 min)