D
Topgolf Callaway Brands Corp. MODG
$6.31 $0.203.27%
Recommendation
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Avg Vol (90D)
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D
Sell 8/15/2024Downgrade
Topgolf Callaway Brands Corp. (MODG) was downgraded to D from D+ on 8/15/2024 due to a major decline in the valuation index, growth index and total return index.
D
Sell 5/14/2024Upgraded
Topgolf Callaway Brands Corp. (MODG) was upgraded to D+ from D on 5/14/2024 due to a major increase in the growth index, solvency index and total return index. EBIT increased 420.1% from -$20.9M to $66.9M, earnings per share increased from -$0.4181 to $0.0352, and total revenue increased 27.54% from $897.1M to $1.14B.
D
Sell 11/9/2023Downgrade
Topgolf Callaway Brands Corp. (MODG) was downgraded to D from D+ on 11/9/2023 due to a major decline in the growth index, efficiency index and total return index. Net income declined 74.7% from $117.4M to $29.7M, earnings per share declined from $0.5912 to $0.1556, and EBIT declined 36.38% from $116M to $73.8M.
D
Sell 9/18/2023Downgrade
Topgolf Callaway Brands Corp. (MODG) was downgraded to D+ from C- on 9/18/2023 due to a decline in the total return index and volatility index.
C
Hold 8/10/2023Upgraded
Topgolf Callaway Brands Corp. (MODG) was upgraded to C- from D+ on 8/10/2023 due to an increase in the efficiency index, valuation index and solvency index. Net income increased 369.6% from $25M to $117.4M, the quick ratio increased from 0.64 to 0.7, and debt to equity declined from 0.46 to 0.44.
D
Sell 8/9/2023Downgrade
Topgolf Callaway Brands Corp. (MODG) was downgraded to D+ from C- on 8/9/2023 due to a decline in the volatility index, total return index and efficiency index.
C
Hold 5/17/2023Upgraded
Topgolf Callaway Brands Corp. (MODG) was upgraded to C- from D+ on 5/17/2023 due to a substantial increase in the growth index, efficiency index and solvency index. EBIT increased 445.49% from -$23.3M to $80.5M, net income increased 134.39% from -$72.7M to $25M, and earnings per share increased from -$0.3932 to $0.132.
D
Sell 5/15/2023Downgrade
Topgolf Callaway Brands Corp. (MODG) was downgraded to D+ from C- on 5/15/2023 due to a decline in the total return index and efficiency index.
C
Hold 4/28/2023Upgraded
Topgolf Callaway Brands Corp. (MODG) was upgraded to C- from D+ on 4/28/2023 due to an increase in the total return index, valuation index and volatility index.
D
Sell 3/2/2023Downgrade
Topgolf Callaway Brands Corp. (MODG) was downgraded to D+ from C- on 3/2/2023 due to a substantial decline in the growth index, valuation index and efficiency index. Earnings per share declined from $0.1987 to -$0.3932, net income declined 288.83% from $38.5M to -$72.7M, and operating cash flow declined 184.28% from $82.7M to -$69.7M.
C
Hold 1/9/2023Upgraded
Topgolf Callaway Brands Corp. (MODG) was upgraded to C- from D+ on 1/9/2023 due to an increase in the valuation index and volatility index.
D
Sell 12/19/2022Downgrade
Topgolf Callaway Brands Corp. (MODG) was downgraded to D+ from C- on 12/19/2022 due to a large decline in the growth index, total return index and solvency index. Earnings per share declined from $0.5334 to $0.1987, EBIT declined 47.13% from $129M to $68.2M, and operating cash flow declined 39.72% from $137.2M to $82.7M.
C
Hold 10/11/2022Downgrade
Topgolf Callaway Brands Corp. (MODG) was downgraded to C- from C on 10/11/2022 due to a significant decline in the valuation index, efficiency index and solvency index. The quick ratio declined from 0.62 to 0.58.
C
Hold 3/4/2022Upgraded
Callaway Golf Company (ELY) was upgraded to C from C- on 3/4/2022 due to a noticeable increase in the valuation index, growth index and volatility index.
C
Hold 11/10/2021Downgrade
Callaway Golf Company (ELY) was downgraded to C- from C+ on 11/10/2021 due to a significant decline in the growth index, total return index and valuation index. Earnings per share declined from $0.47 to -$0.09, EBIT declined 29.14% from $107.27M to $76.01M, and operating cash flow declined 18.29% from $179.08M to $146.34M.
C
Hold 8/10/2021Upgraded
Callaway Golf Company (ELY) was upgraded to C+ from C on 8/10/2021 due to a significant increase in the valuation index, growth index and total return index. Operating cash flow increased 327.79% from -$78.62M to $179.08M, total revenue increased 40.21% from $651.62M to $913.64M, and EBIT increased 16.78% from $91.85M to $107.27M.
C
Hold 5/12/2021Upgraded
Callaway Golf Company (ELY) was upgraded to C from D+ on 5/12/2021 due to a significant increase in the total return index, growth index and efficiency index. Net income increased 771.48% from -$40.58M to $272.46M, earnings per share increased from -$0.4308 to $2.19, and EBIT increased 486.67% from -$23.76M to $91.85M.
D
Sell 8/13/2020Downgrade
Callaway Golf Company (ELY) was downgraded to D+ from C on 8/13/2020 due to a substantial decline in the valuation index, efficiency index and growth index. Earnings per share declined from $0.3 to -$1.7812, net income declined 680.34% from $28.89M to -$167.68M, and EBIT declined 104.62% from $40.68M to -$1.88M.
C
Hold 7/14/2020Upgraded
Callaway Golf Company (ELY) was upgraded to C from C- on 7/14/2020 due to a noticeable increase in the growth index, volatility index and solvency index. EBIT increased 221.95% from -$33.36M to $40.68M, earnings per share increased from -$0.3159 to $0.3, and total revenue increased 41.78% from $311.94M to $442.28M.
C
Hold 3/16/2020Downgrade
Callaway Golf Company (ELY) was downgraded to C- from C on 3/16/2020 due to a large decline in the volatility index, solvency index and total return index.
C
Hold 3/4/2020Downgrade
Callaway Golf Company (ELY) was downgraded to C from C+ on 3/4/2020 due to a major decline in the growth index, total return index and efficiency index. Earnings per share declined from $0.32 to -$0.3159, net income declined 194.11% from $31.05M to -$29.22M, and EBIT declined 182.39% from $40.49M to -$33.36M.
C
Hold 1/2/2020Upgraded
Callaway Golf Company (ELY) was upgraded to C+ from C on 1/2/2020 due to an increase in the total return index and volatility index.
C
Hold 12/17/2019Downgrade
Callaway Golf Company (ELY) was downgraded to C from C+ on 12/17/2019 due to a decline in the volatility index and valuation index.
C
Hold 11/29/2019Upgraded
Callaway Golf Company (ELY) was upgraded to C+ from C on 11/29/2019 due to an increase in the valuation index, volatility index and efficiency index. Net income increased 7.32% from $28.93M to $31.05M.
C
Hold 8/13/2019Downgrade
Callaway Golf Company (ELY) was downgraded to C from C+ on 8/13/2019 due to a major decline in the valuation index, solvency index and growth index. Earnings per share declined from $0.5 to $0.3, EBIT declined 34.65% from $79.73M to $52.1M, and total revenue declined 13.46% from $516.2M to $446.71M.
C
Hold 1/23/2019Downgrade
Callaway Golf Company (ELY) was downgraded to C+ from B- on 1/23/2019 due to a decline in the volatility index, total return index and valuation index.
B
Buy 12/19/2018Downgrade
Callaway Golf Company (ELY) was downgraded to B- from B on 12/19/2018 due to a substantial decline in the total return index and volatility index.
B
Buy 11/14/2018Downgrade
Callaway Golf Company (ELY) was downgraded to B from B+ on 11/14/2018 due to a noticeable decline in the growth index and total return index. EBIT declined 85.6% from $74.32M to $10.7M, earnings per share declined from $0.63 to $0.1, and total revenue declined 33.73% from $396.31M to $262.65M.
B
Buy 11/1/2018Downgrade
Callaway Golf Company (ELY) was downgraded to B+ from A- on 11/1/2018 due to a decline in the volatility index and total return index.
A
Buy 8/22/2018Upgraded
Callaway Golf Company (ELY) was upgraded to A- from B+ on 8/22/2018 due to an increase in the total return index.
B
Buy 8/9/2018Upgraded
Callaway Golf Company (ELY) was upgraded to B+ from B on 8/9/2018 due to a large increase in the growth index, valuation index and solvency index. Operating cash flow increased 204.66% from -$109.27M to $114.36M, debt to equity declined from 0.28 to 0.14, and the quick ratio increased from 0.77 to 1.
B
Buy 5/14/2018Upgraded
Callaway Golf Company (ELY) was upgraded to B from B- on 5/14/2018 due to a major increase in the valuation index, volatility index and efficiency index. Net income increased 424.23% from -$19.39M to $62.86M, and total capital increased 16.8% from $759.27M to $886.81M.
B
Buy 5/1/2018Downgrade
Callaway Golf Company (ELY) was downgraded to B- from B on 5/1/2018 due to a decline in the total return index.
B
Buy 4/13/2018Upgraded
Callaway Golf Company (ELY) was upgraded to B from B- on 4/13/2018 due to a major increase in the total return index.
B
Buy 3/5/2018Downgrade
Callaway Golf Company (ELY) was downgraded to B- from B+ on 3/5/2018 due to a significant decline in the valuation index, growth index and solvency index. Earnings per share declined from $0.03 to -$0.205, EBIT declined 336.8% from $8.64M to -$20.45M, and operating cash flow declined 91.81% from $84.46M to $6.91M.
B
Buy 1/26/2018Upgraded
Callaway Golf Company (ELY) was upgraded to B+ from B on 1/26/2018 due to a major increase in the total return index, volatility index and efficiency index. Total capital increased 11.33% from $667.46M to $743.07M.
B
Buy 2/27/2017Upgraded
Callaway Golf Company (ELY) was upgraded to B from C+ on 2/27/2017 due to a significant increase in the valuation index, efficiency index and growth index. Net income increased 2,201.45% from -$5.87M to $123.27M, earnings per share increased from -$0.0624 to $1.2749, and total capital increased 25.88% from $493.39M to $621.07M.
C
Hold 2/9/2017Downgrade
Callaway Golf Company (ELY) was downgraded to C+ from B- on 2/9/2017 due to a major decline in the total return index.
B
Buy 1/25/2017Upgraded
Callaway Golf Company (ELY) was upgraded to B- from C+ on 1/25/2017 due to an increase in the total return index and volatility index.
C
Hold 12/27/2016Downgrade
Callaway Golf Company (ELY) was downgraded to C+ from B- on 12/27/2016 due to a noticeable decline in the total return index, solvency index and valuation index.
B
Buy 11/14/2016Upgraded
Callaway Golf Co. (ELY) was upgraded to B- from C+ on 11/14/2016 due to a noticeable increase in the total return index, growth index and solvency index. Debt to equity declined from 0.01 to 0.
C
Hold 10/26/2016Downgrade
Callaway Golf Co. (ELY) was downgraded to C+ from B- on 10/26/2016 due to a major decline in the total return index, volatility index and valuation index.
B
Buy 8/3/2016Upgraded
Callaway Golf Co. (ELY) was upgraded to B- from C+ on 8/3/2016 due to a major increase in the total return index, valuation index and efficiency index.
C
Hold 7/13/2016Upgraded
Callaway Golf Co. (ELY) was upgraded to C+ from C on 7/13/2016 due to a major increase in the growth index, total return index and solvency index. EBIT increased 254.45% from -$29.35M to $45.33M, earnings per share increased from -$0.3898 to $0.4, and total revenue increased 78.73% from $153.33M to $274.05M.
C
Hold 3/8/2016Upgraded
Callaway Golf Co. (ELY) was upgraded to C from C- on 3/8/2016 due to a large increase in the valuation index, efficiency index and growth index. Earnings per share increased from -$0.0431 to -$0.3898, and net income increased 741.91% from -$3.62M to -$30.45M.
C
Hold 3/1/2016Downgrade
Callaway Golf Co. (ELY) was downgraded to C- from C on 3/1/2016 due to a decline in the total return index and solvency index.
C
Hold 11/24/2015Upgraded
Callaway Golf Co. (ELY) was upgraded to C from C- on 11/24/2015 due to an increase in the total return index.
C
Hold 11/6/2015Downgrade
Callaway Golf Co. (ELY) was downgraded to C- from C on 11/6/2015 due to a decline in the growth index. Earnings per share declined from $0.1483 to -$0.0431, EBIT declined 95.87% from $18.59M to $767, and total revenue declined 23.74% from $230.5M to $175.78M.
C
Hold 10/26/2015Upgraded
Callaway Golf Co. (ELY) was upgraded to C from C- on 10/26/2015 due to an increase in the volatility index.
C
Hold 9/28/2015Downgrade
Callaway Golf Co. (ELY) was downgraded to C- from C on 9/28/2015 due to a significant decline in the volatility index and growth index. Operating cash flow declined 163.84% from -$90.35M to $57.68M, earnings per share declined from $0.3947 to $0.1483, and EBIT declined 49.66% from $36.93M to $18.59M.
C
Hold 5/4/2015Upgraded
Callaway Golf Co. (ELY) was upgraded to C from C- on 5/4/2015 due to an increase in the growth index, efficiency index and volatility index. Operating cash flow increased 6,079.75% from -$1.46M to -$90.35M, total revenue increased 111.12% from $134.61M to $284.18M, and total capital increased 26.83% from $416.14M to $527.81M.
C
Hold 5/12/2014Downgrade
Callaway Golf Co. (ELY) was downgraded to C- from C on 5/12/2014 due to a noticeable decline in the total return index and volatility index.
C
Hold 4/25/2014Upgraded
Callaway Golf Co. (ELY) was upgraded to C from C- on 4/25/2014 due to a significant increase in the volatility index, growth index and total return index. Operating cash flow increased 656.03% from -$16.51M to -$124.8M, and total revenue increased 176.7% from $127.17M to $351.87M.
Weiss Ratings