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Upturn AI SWOT - About
MODG 
Callaway Golf Company (MODG)
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Upturn Advisory Summary
08/28/2025: 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.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $10.5
1 Year Target Price $10.5
| 2 | Strong Buy |
| 1 | Buy |
| 5 | Hold |
| 1 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -44.54% | Avg. Invested days 24 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.80B USD | Price to earnings Ratio - | 1Y Target Price 10.5 |
Price to earnings Ratio - | 1Y Target Price 10.5 | ||
Volume (30-day avg) 10 | Beta 1.27 | 52 Weeks Range 5.42 - 11.41 | Updated Date 08/28/2025 |
52 Weeks Range 5.42 - 11.41 | Updated Date 08/28/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -8.13 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-08-06 | When - | Estimate 0.02 | Actual 0.24 |
Profitability
Profit Margin -36.08% | Operating Margin (TTM) 10.48% |
Management Effectiveness
Return on Assets (TTM) 1.7% | Return on Equity (TTM) -46.53% |
Valuation
Trailing PE - | Forward PE 156.25 | Enterprise Value 4013428382 | Price to Sales(TTM) 0.44 |
Enterprise Value 4013428382 | Price to Sales(TTM) 0.44 | ||
Enterprise Value to Revenue 0.97 | Enterprise Value to EBITDA 9.65 | Shares Outstanding 183866000 | Shares Floating 139388521 |
Shares Outstanding 183866000 | Shares Floating 139388521 | ||
Percent Insiders 12.17 | Percent Institutions 85.97 |
Upturn AI SWOT
Callaway Golf Company
Company Overview
History and Background
Callaway Golf Company, now Topgolf Callaway Brands Corp., was founded in 1982 by Ely Callaway Jr. The company grew rapidly through innovation in golf club design, particularly with the Big Bertha driver. It has expanded into apparel, footwear, and entertainment through acquisitions like Topgolf.
Core Business Areas
- Topgolf: Operates entertainment venues combining golf with social interaction, dining, and games.
- Golf Equipment: Designs, manufactures, and sells golf clubs (drivers, irons, putters), golf balls, and accessories under the Callaway and Odyssey brands.
- Active Lifestyle: Designs, sources, and sells apparel, footwear, and gear under brands like TravisMathew, Jack Wolfskin and Callaway Apparel.
Leadership and Structure
Topgolf Callaway Brands is led by a board of directors and a management team. The CEO oversees the company's overall strategy, while other executives manage specific business segments such as Topgolf, golf equipment, and active lifestyle. Oliver Brewer, III is the current CEO.
Top Products and Market Share
Key Offerings
- Callaway Drivers (e.g., Paradym, Rogue ST): Callaway drivers are known for their distance and forgiveness. Market share fluctuates but typically ranks among the top 3 brands in the driver category. Competitors include TaylorMade, Titleist, and Cobra.
- Callaway Irons (e.g., Apex, Paradym): Callaway irons are popular among various skill levels of golfers. Market share is competitive with TaylorMade and Titleist. Competitors include TaylorMade, Titleist, Ping and Mizuno.
- Odyssey Putters: Odyssey putters are a leading brand in the putter market, known for their innovative designs and alignment aids. Competitors include PING, Scotty Cameron (Titleist), and TaylorMade.
- Topgolf Venues: Topgolf venues provide a unique entertainment experience centered around golf. Competitors include Drive Shack and other entertainment-focused sports venues. The success of this segment is measured by venue attendance and revenue per venue.
Market Dynamics
Industry Overview
The golf industry is influenced by factors such as participation rates, consumer spending, and technological advancements in equipment. The active lifestyle segment is driven by trends in apparel and footwear and consumer interest in fitness and outdoor activities.
Positioning
Topgolf Callaway Brands is a leader in the golf equipment and entertainment industries. Its competitive advantages include brand recognition, innovative products, and a diversified business model.
Total Addressable Market (TAM)
The global golf equipment market is estimated at approximately $10 billion annually. The sports and social entertainment market, which includes Topgolf, is estimated to be over $25 billion and growing. Topgolf Callaway Brands is positioned to capture a significant share of both markets through its product offerings and entertainment venues.
Upturn SWOT Analysis
Strengths
- Strong brand recognition (Callaway, Odyssey, Topgolf, TravisMathew)
- Diversified revenue streams (equipment, entertainment, apparel)
- Innovative product development
- Extensive distribution network
- Strong financial performance in recent years
Weaknesses
- Seasonality of golf equipment sales
- Dependence on consumer spending
- Potential for increased competition in the entertainment sector
- Supply chain vulnerabilities
Opportunities
- Expansion of Topgolf venues in new markets
- Continued growth in the active lifestyle apparel market
- Increased golf participation among younger demographics
- Strategic partnerships and acquisitions
- Leveraging technology to enhance the golf experience
Threats
- Economic downturn affecting consumer spending
- Increased competition from other golf equipment manufacturers and entertainment venues
- Changes in golf participation rates
- Supply chain disruptions
- Fluctuations in currency exchange rates
Competitors and Market Share
Key Competitors
- TM (TaylorMade privately held)
- Titleist (Acushnet Holdings Corp. - GOLF)
- PING (Privately held)
- Acushnet Holdings Corp. (GOLF)
Competitive Landscape
Topgolf Callaway Brands competes with other golf equipment manufacturers based on product innovation, performance, and brand reputation. The company competes with other entertainment venues based on experience, location, and amenities.
Major Acquisitions
Topgolf
- Year: 2021
- Acquisition Price (USD millions): 2600
- Strategic Rationale: The acquisition of Topgolf diversified Callaway's revenue streams and provided a significant growth opportunity in the entertainment sector.
Jack Wolfskin
- Year: 2019
- Acquisition Price (USD millions): 476
- Strategic Rationale: Expanded Callaway's reach into outdoor apparel and equipment, diversifying their product offerings.
TravisMathew
- Year: 2017
- Acquisition Price (USD millions): 125.5
- Strategic Rationale: Expanded Callaway's reach into apparel, providing a more lifestyle-focused brand.
Growth Trajectory and Initiatives
Historical Growth: Topgolf Callaway Brands has experienced significant growth in recent years due to the success of Topgolf and the continued strength of its golf equipment and active lifestyle brands. Data requires specific financial records.
Future Projections: Analyst projections for Topgolf Callaway Brands' future growth vary. Projections based on expected growth in golf participation and the expansion of Topgolf venues. Actual data required for specific figures.
Recent Initiatives: Recent initiatives include expanding Topgolf venues, launching new golf equipment products, and strategic partnerships to grow the active lifestyle business.
Summary
Topgolf Callaway Brands is a strong company with a diversified business model. Its Topgolf segment is showing strong growth, and its equipment and apparel businesses are performing well. The company faces competition in both the golf equipment and entertainment markets, but its brand recognition and innovative products provide a competitive advantage. Topgolf Callaway Brands needs to manage its supply chain effectively and adapt to changing consumer preferences to maintain its growth trajectory.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
- Market research reports
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Callaway Golf Company
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 30000 | |
Full time employees 30000 | |||
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. It operates in three business segments: Topgolf, Golf Equipment, and Active Lifestyle. 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. 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, and 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; men's, women's, and youth apparel as well as footwear, outerwear and accessories under the TravisMathew brand. This segment also provides storage and travel gear for sport and personal use, such as backpacks, travel bags, duffel and golf bags, and accessories under the OGIO brand. In addition, it offers outdoor apparel for men, women and children 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. It sells its products through golf retailers, sporting goods retailers, online retailers, mass merchants, department stores, third-party distributors, and mail order stores, and 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.
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