Summary Highlights
- Topgolf Callaway Brands (MODG, Financial) plans to boost liquidity by selling Jack Wolfskin for $290 million.
- Analyst forecasts suggest a significant potential upside for MODG stock.
- Current brokerage recommendations indicate a "Hold" position.
Topgolf Callaway Brands Inc. (MODG) has recently announced its strategic move to sell its Jack Wolfskin division to ANTA Sports for a cash consideration of $290 million. This sale is anticipated to conclude between late Q2 and early Q3 of 2025 and is designed to improve the company's liquidity while allowing it to concentrate on its core operations.
Analyst Expectations and Price Targets
Amid this strategic transition, Wall Street analysts have shared their perspectives. Based on one-year price forecasts from 8 analysts, the average target price for Topgolf Callaway Brands Corp (MODG, Financial) is $13.90. This forecast includes a high projection of $38.00 and a low of $6.00, suggesting a substantial upside potential of 119.24% from the current stock price of $6.34. For further insights, visit the detailed Topgolf Callaway Brands Corp (MODG) Forecast page.
Brokerage Recommendations and GF Value
In addition to price targets, the consensus recommendation from 10 brokerage firms positions Topgolf Callaway Brands Corp's (MODG, Financial) stock with an average brokerage rating of 2.6, which aligns with a "Hold" status. This rating is gauged on a scale where 1.0 signifies a Strong Buy and 5.0 indicates a Sell.
According to GuruFocus metrics, the estimated GF Value for Topgolf Callaway Brands Corp (MODG, Financial) over the next year is projected at $18.27. This valuation suggests a remarkable upside of 188.17% from the current price point of $6.34. The GF Value is calculated by considering the historical trading multiples, past business growth, and future performance projections. Investors can find a more comprehensive analysis on the Topgolf Callaway Brands Corp (MODG) Summary page.
