Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Topgolf Callaway Brands is a compelling buy after Leonard Green & Partners' minority stake in Topgolf, valuing it at $1.1 billion. The deal establishes a clear floor value for Topgolf, injects $770 million in cash, and strengthens MODG's balance sheet by reducing debt. Leonard Green's involvement brings operational expertise and strategic flexibility, validating Topgolf's global growth potential and future profitability.
Topgolf Callaway Brands Corp. (MODG) Discusses Sale of Majority Stake in Topgolf and Strategic Refocus on Core Golf Brands Transcript
NWFL, KMT, MODG, TILE and UHS have been added to the Zacks Rank #1 (Strong Buy) List on Nov. 28, 2025.
Topgolf Callaway (MODG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Topgolf Callaway (MODG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Topgolf Callaway Brands Corp. ( MODG ) M&A Call November 18, 2025 8:30 AM EST Company Participants Katina Metzidakis - Vice President of Investor Relations & Corporate Communications Oliver Brewer - President, CEO & Director Brian Lynch - Executive VP, Chief Legal Officer & CFO Conference Call Participants Simeon Gutman - Morgan Stanley, Research Division Anna Glaessgen - B. Riley Securities, Inc., Research Division Joseph Altobello - Raymond James & Associates, Inc., Research Division Noah Zatzkin - KeyBanc Capital Markets Inc., Research Division George Kelly - ROTH Capital Partners, LLC, Research Division Casey Alexander - Compass Point Research & Trading, LLC, Research Division Arpine Kocharyan - UBS Investment Bank, Research Division Presentation Operator Good day, and welcome to the Topgolf Callaway Brands Company Update.
After nearly five years of pain for investors, Callaway is selling off control of Topgolf to private equity — and at a significantly discounted valuation than when it was purchased.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Topgolf Callaway Brands on Tuesday agreed to sell majority stake in its Topgolf unit to private equity firm Leonard Green, in a deal valuing the business at $1.1 billion.
Topgolf Callaway Brands Corp (NYSE:MODG) is in discussions to sell its Topgolf unit to private-equity firm Leonard Green, potentially valuing the business at around $1 billion, the Wall Street Journal reported on Friday. The potential transaction comes more than four years after Callaway acquired Topgolf in 2021 for roughly $2.66 billion, including the unit's debt, in an all-stock deal that later prompted the company to change its name.
The deal would value the high-tech driving ranges at about $1 billion.