Callaway Golf Company is a premium golf equipment and active lifestyle company with a portfolio of global brands, including Callaway Golf, Odyssey, OGIO, TravisMathew and Jack Wolfskin. Through an unwavering commitment to innovation, Callaway manufactures and sells premium golf clubs, golf balls, golf and lifestyle bags, golf and lifestyle apparel and other accessories.
Company profile
Ticker
MODG
Exchange
Website
CEO
Oliver Brewer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Acushnet • Peloton Interactive • Solo Brands • YETI • Johnson Outdoors • Clarus • American Outdoor Brands • Escalade • Nautilus • Jakroo ...
Former names
CALLAWAY GOLF, CALLAWAY GOLF CO, CALLAWAY GOLF CO /CA, CALLAWAY GOLF COMPANY
SEC CIK
Corporate docs
Subsidiaries
Callaway Golf South Pacific Pty Ltd. • Callaway Golf Sales Company • Callaway Golf International Sales Company • Callaway Golf Canada Ltd. • Callaway Golf (Shanghai) Trading Co., Ltd. • Callaway Golf (Dongguan) Technology Service Co., Ltd. • Callaway Golf Ball Operations, Inc. • uPlay, Inc. • Callaway Golf (Germany) GmbH • Callaway Golf India Private Ltd. ...
IRS number
953797580
MODG stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
1 Jun 23
SD
Conflict minerals disclosure
23 May 23
8-K
Other Events
22 May 23
10-Q
2023 Q1
Quarterly report
9 May 23
8-K
Topgolf Callaway Brands Announces First Quarter 2023 Results
9 May 23
ARS
2022 FY
Annual report to shareholders
20 Apr 23
DEFA14A
Additional proxy soliciting materials
20 Apr 23
DEF 14A
Definitive proxy
20 Apr 23
8-K
Departure of Directors or Certain Officers
29 Mar 23
8-K
Entry into a Material Definitive Agreement
21 Mar 23
Transcripts
MODG
Earnings call transcript
2022 Q4
9 Feb 23
MODG
Earnings call transcript
2022 Q2
5 Aug 22
MODG
Earnings call transcript
2022 Q1
11 May 22
MODG
Earnings call transcript
2021 Q4
11 Feb 22
MODG
Earnings call transcript
2021 Q3
10 Nov 21
MODG
Earnings call transcript
2021 Q2
10 Aug 21
MODG
Earnings call transcript
2021 Q1
11 May 21
MODG
Earnings call transcript
2020 Q4
11 Feb 21
MODG
Earnings call transcript
2020 Q3
9 Nov 20
MODG
Earnings call transcript
2020 Q2
7 Aug 20
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 185.30 mm | 185.30 mm | 185.30 mm | 185.30 mm | 185.30 mm | 185.30 mm |
| Cash burn (monthly) | 6.00 mm | 5.41 mm | (no burn) | (no burn) | 50.70 mm | 158.33 k |
| Cash used (since last report) | 13.28 mm | 11.97 mm | n/a | n/a | 112.19 mm | 350.38 k |
| Cash remaining | 172.02 mm | 173.33 mm | n/a | n/a | 73.11 mm | 184.95 mm |
| Runway (months of cash) | 28.7 | 32.0 | n/a | n/a | 1.4 | 1168.1 |
Institutional ownership, Q2 2022
| 13F holders | Current |
|---|---|
| Total holders | 321 |
| Opened positions | 50 |
| Closed positions | 42 |
| Increased positions | 128 |
| Reduced positions | 78 |
| 13F shares | Current |
|---|---|
| Total value | 4.39 bn |
| Total shares | 195.48 mm |
| Total puts | 2.38 mm |
| Total calls | 2.79 mm |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| PEP TG Investments | 21.31 mm | $634.47 mm |
| Providence Equity Partners L.L.C. | 21.18 mm | $431.98 mm |
| DDFS Partnership | 18.59 mm | $548.86 mm |
| BLK Blackrock | 14.13 mm | $288.17 mm |
| Vanguard | 12.60 mm | $257.09 mm |
| WestRiver Management | 7.45 mm | $212.30 mm |
| Boston Partners | 7.39 mm | $152.01 mm |
| Sancarin S.L. | 4.86 mm | $71.30 mm |
| STT State Street | 3.83 mm | $78.05 mm |
| GS Goldman Sachs | 3.39 mm | $69.07 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 May 23 | Oliver G Brewer Iii | Common Stock | Buy | Acquire P | Yes | No | 17.06 | 6,400 | 109.18 k | 837,556 |
| 26 May 23 | Oliver G Brewer Iii | Common Stock | Buy | Acquire P | Yes | No | 17.1 | 3,600 | 61.56 k | 831,156 |
| 26 May 23 | Oliver G Brewer Iii | Common Stock | Buy | Acquire P | Yes | No | 17.24 | 5,000 | 86.20 k | 827,556 |
| 25 May 23 | Erik J Anderson | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,984 | 0.00 | 31,227 |
| 25 May 23 | Erik J Anderson | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,984 | 0.00 | 0 |
| 25 May 23 | Baxter Scott H | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,984 | 0.00 | 20,730 |
| 25 May 23 | Baxter Scott H | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,984 | 0.00 | 0 |
| 25 May 23 | Armacost Samuel H | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,984 | 0.00 | 99,086 |
| 25 May 23 | Armacost Samuel H | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,984 | 0.00 | 0 |
News
4 Analysts Have This to Say About Topgolf Callaway Brands
2 Jun 23
Stephens & Co. Reiterates Overweight on Topgolf Callaway Brands, Maintains $33 Price Target
2 Jun 23
Stephens & Co. Reiterates Overweight on Topgolf Callaway Brands, Maintains $33 Price Target
23 May 23
Stocks That Hit 52-Week Lows On Friday
19 May 23
Compass Point Maintains Buy on Topgolf Callaway Brands, Lowers Price Target to $34
18 May 23
Press releases
TOPGOLF CALLAWAY BRANDS HONORS CHAIRMAN OF THE BOARD JOHN LUNDGREN'S RECENT LEADERSHIP AWARD
31 May 23
TOPGOLF CALLAWAY BRANDS TO HOLD VIRTUAL INVESTOR EVENT WITH TOPGOLF CEO, ARTIE STARRS
23 May 23
TOPGOLF CALLAWAY BRANDS ANNOUNCES FIRST QUARTER 2023 RESULTS
9 May 23
Topgolf Callaway Brands to Release First Quarter 2023 Financial Results
1 May 23
Topgolf to Become Global Medaled Event in Special Olympics
19 Apr 23