Free Trial
NYSE:GOLF

Acushnet (GOLF) Stock Price, News & Analysis

$71.57
+2.00 (+2.87%)
(As of 07/26/2024 ET)
Today's Range
$70.14
$71.70
50-Day Range
$59.66
$69.84
52-Week Range
$49.42
$71.70
Volume
216,732 shs
Average Volume
311,406 shs
Market Capitalization
$4.51 billion
P/E Ratio
24.85
Dividend Yield
1.20%
Price Target
$66.38

Acushnet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.3% Downside
$66.38 Price Target
Short Interest
Bearish
17.57% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.00
Upright™ Environmental Score
News Sentiment
0.99mentions of Acushnet in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$37.50 M Sold Last Quarter
Proj. Earnings Growth
11.54%
From $3.12 to $3.48 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.45 out of 5 stars

Consumer Discretionary Sector

128th out of 279 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

5th out of 9 stocks

GOLF stock logo

About Acushnet Stock (NYSE:GOLF)

Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Africa, Japan, Korea, and internationally. The company operates through four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, and FootJoy Golf Wear. It offers golf balls under the Titleist brand; golf clubs, such as drivers, fairways, hybrids, and irons under the Titleist brand; wedges under the Vokey Design brand; and putters under the Scotty Cameron brand. The company also provides golf bags, headwear, golf gloves, travel products, and other golf accessories. In addition, it offers golf shoes, gloves, golf outerwear, and men's and women's golf apparel under the FootJoy brand; and ski, golf, and lifestyle apparel under the KJUS brand name. It sells its products through on-course golf shops and golf specialty retailers, as well as through representatives, other retailers, and online. The company was formerly known as Alexandria Holdings Corp. and changed its name to Acushnet Holdings Corp. in March 2016. Acushnet Holdings Corp. was founded in 1910 and is headquartered in Fairhaven, Massachusetts.

GOLF Stock Price History

GOLF Stock News Headlines

This TSLA short trade is on a nine win hot streak
Most Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.
Acushnet Returns To Growth Despite FootJoy Weakness
This TSLA short trade is on a nine win hot streak
Most Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.
Compass Point Keeps Their Buy Rating on Acushnet Holdings (GOLF)
Q1 2024 Acushnet Holdings Corp Earnings Call
See More Headlines
Receive GOLF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Acushnet and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/07/2024
Ex-Dividend for 6/21 Dividend
6/07/2024
Dividend Payable
6/21/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
7,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$66.38
High Stock Price Target
$84.00
Low Stock Price Target
$58.00
Potential Upside/Downside
-7.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$198.43 million
Pretax Margin
9.79%

Debt

Sales & Book Value

Annual Sales
$2.38 billion
Cash Flow
$4.01 per share
Book Value
$13.81 per share

Miscellaneous

Free Float
28,634,000
Market Cap
$4.51 billion
Optionable
Optionable
Beta
0.85
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

GOLF Stock Analysis - Frequently Asked Questions

How have GOLF shares performed this year?

Acushnet's stock was trading at $63.17 at the start of the year. Since then, GOLF stock has increased by 13.3% and is now trading at $71.57.
View the best growth stocks for 2024 here
.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp. (NYSE:GOLF) announced its quarterly earnings data on Tuesday, May, 7th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.19. The business had revenue of $707.55 million for the quarter, compared to analyst estimates of $692.41 million. Acushnet had a net margin of 8.03% and a trailing twelve-month return on equity of 20.65%.

What is Wally Uihlein's approval rating as Acushnet's CEO?

25 employees have rated Acushnet Chief Executive Officer Wally Uihlein on Glassdoor.com. Wally Uihlein has an approval rating of 91% among the company's employees. This puts Wally Uihlein in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

When did Acushnet IPO?

Acushnet (GOLF) raised $434 million in an initial public offering on Friday, October 28th 2016. The company issued 19,300,000 shares at $21.00-$24.00 per share. J.P. Morgan, Morgan Stanley, Nomura and UBS Investment Bank served as the underwriters for the IPO and Credit Suisse, Daiwa Capital Markets, Deutsche Bank Securities, Jefferies, Wells Fargo Securities, D.A. Davidson, KeyBanc Capital Markets, Raymond James and SunTrust Robinson Humphrey were co-managers.

Who are Acushnet's major shareholders?

Acushnet's top institutional investors include Raymond James & Associates (0.73%), Tributary Capital Management LLC (0.42%), Bank of New York Mellon Corp (0.38%) and CWM LLC (0.02%). Insiders that own company stock include Holdings Corp Fila, Mary Louise Bohn, John Francis Duke Jr, Sean S Sullivan, Christopher Aaron Lindner, Steven Francis Pelisek, Thomas Pacheco and Brendan J Reidy.
View institutional ownership trends
.

How do I buy shares of Acushnet?

Shares of GOLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Acushnet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Acushnet investors own include Advanced Micro Devices (AMD), AbbVie (ABBV), Procter & Gamble (PG), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE) and Micron Technology (MU).

This page (NYSE:GOLF) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners