With 3.39 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.88 million shares. The 52-week range on MODG shows that it touched its highest point at $16.89 and its lowest point at $6.11 during that stretch. It currently has a 1-year price target of $9.38. Beta for the stock currently stands at 1.53.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MODG was down-trending over the past week, with a drop of -8.83%, but this was down by -22.52% over a month. Three-month performance dropped to -26.63% while six-month performance fell -39.34%. The stock lost -57.23% in the past year, while it has lost -22.52% so far this year. A look at the trailing 12-month EPS for MODG yields -7.90 with Next year EPS estimates of -0.31. For the next quarter, that number is -0.03. This implies an EPS growth rate of -258.89% for this year and 14.57% for next year.
Float and Shares Shorts:
At present, 183.10 million MODG shares are outstanding with a float of 130.71 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MODG since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.277 being high and $0.06925 being low. For MODG, this leads to a yearly average estimate of $0.1385. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.11.
Summary of Insider Activity:
Insiders traded MODG stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
