Topgolf Callaway Brands Corp (NYSE: MODG) stock closed at $10.35 on 11/9/23 after a major decline of -16.9%. Relative to the market the stock has been extremely weak over the last nine months and has declined -12.1% during the last week.
Current PriceTarget Research Rating
MODG’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Topgolf Callaway Brands has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Topgolf Callaway Brands has a neutral Appreciation Score of 47 but a very low Power Rating of 9, and the Lowest Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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