With 1.96 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.92 million shares. The 52-week range on MODG shows that it touched its highest point at $16.89 and its lowest point at $5.42 during that stretch. It currently has a 1-year price target of $8.69. Beta for the stock currently stands at 1.20.
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 up-trending over the past week, with a rise of 1.42%, but this was down by -7.75% over a month. Three-month performance surged to 1.90% while six-month performance fell -21.68%. The stock lost -58.46% in the past year, while it has lost -18.19% so far this year. A look at the trailing 12-month EPS for MODG yields -7.92 with Next year EPS estimates of -0.51. For the next quarter, that number is 0.02. This implies an EPS growth rate of -314.29% for this year and -2.77% for next year.
Float and Shares Shorts:
At present, 183.70 million MODG shares are outstanding with a float of 130.27 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.
