NYSE:GOLF - Acushnet Stock Price, News, & Analysis

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$24.30 -0.18 (-0.74 %)
(As of 05/20/2019 06:42 AM ET)
Previous Close$24.48
Today's Range$24.22 - $24.5376
52-Week Range$20.24 - $27.87
Volume117,742 shs
Average Volume239,754 shs
Market Capitalization$1.84 billion
P/E Ratio18.41
Dividend Yield2.30%
Beta0.91
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. The Titleist Golf Balls segment offers golf balls, such as Pro V1, Pro V1x, AVX, Tour Soft, Velocity, DT TruSoft, and Pinnacle golf balls, as well as provides custom imprinted golf balls with corporate logos, tournament logos, country club or resort logos, and personalization on Titleist and Pinnacle golf balls. The Titleist Golf Clubs segment designs, assembles, and sells golf clubs, such as drivers, fairways, hybrids, and irons under the Titleist brand; wedges under the Vokey Design brand; and putters under Scotty Cameron brand. The Titleist Golf Gear segment designs and develops golf bags, headwear, golf gloves, travel gears, head covers, and other golf gears, as well as offers customization and personalization of products in Titleist golf gear. The FootJoy Golf Wear segment provides shoes, such as traditional, spikeless, athletic, and casual shoes; gloves that include leather construction, synthetic, leather/synthetic combination, and specialty gloves; and outerwear and apparels, such as performance outerwear, performance golf apparels, and golf leisure women apparels. It sells its products through golf shops and golf specialty retailers, as well as through representatives, other qualified 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.

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Industry, Sector and Symbol

Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone800-225-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.63 billion
Cash Flow$1.8970 per share
Book Value$12.52 per share

Profitability

Net Income$99.87 million

Miscellaneous

Employees5,209
Market Cap$1.84 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

Acushnet (NYSE:GOLF) Frequently Asked Questions

What is Acushnet's stock symbol?

Acushnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "GOLF."

How often does Acushnet pay dividends? What is the dividend yield for Acushnet?

Acushnet declared a quarterly dividend on Wednesday, May 8th. Shareholders of record on Friday, May 31st will be given a dividend of $0.14 per share on Friday, June 14th. This represents a $0.56 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend is Thursday, May 30th. View Acushnet's Dividend History.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp (NYSE:GOLF) released its quarterly earnings data on Wednesday, May, 8th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.11. The company earned $433.70 million during the quarter, compared to analysts' expectations of $445.66 million. Acushnet had a net margin of 5.74% and a return on equity of 10.10%. The firm's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period last year, the firm posted $0.56 EPS. View Acushnet's Earnings History.

When is Acushnet's next earnings date?

Acushnet is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Acushnet.

What guidance has Acushnet issued on next quarter's earnings?

Acushnet issued an update on its FY 2019 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.655-1.685 billion, compared to the consensus revenue estimate of $1.67 billion.

What price target have analysts set for GOLF?

10 analysts have issued twelve-month price targets for Acushnet's shares. Their predictions range from $19.00 to $28.00. On average, they expect Acushnet's stock price to reach $25.5456 in the next year. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Price Targets for Acushnet.

What is the consensus analysts' recommendation for Acushnet?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Acushnet.

Has Acushnet been receiving favorable news coverage?

News stories about GOLF stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Acushnet earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Acushnet's key competitors?

What other stocks do shareholders of Acushnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Acushnet investors own include Cisco Systems (CSCO), Walt Disney (DIS), Nucor (NUE), Biogen (BIIB), Micron Technology (MU), Netflix (NFLX), NVIDIA (NVDA), Alibaba Group (BABA), BP (BP) and Blackstone Group (BX).

Who are Acushnet's key executives?

Acushnet's management team includes the folowing people:
  • Mr. David E. Maher, Pres, CEO & Director (Age 51)
  • Mr. Brendan Michael Gibbons, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 43)
  • Mr. Joseph J. Nauman, Sr. Advisor (Age 66)
  • Mr. Walter R. Uihlein, Director & Advisor to the Chairman (Age 70)
  • Mr. Thomas Pacheco, Exec. VP, CFO & Chief Accounting Officer (Age 50)

When did Acushnet IPO?

(GOLF) raised $434 million in an IPO 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 acted 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 stock is owned by a number of of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (6.52%), JPMorgan Chase & Co. (5.33%), Van Berkom & Associates Inc. (4.21%), Principal Financial Group Inc. (4.06%), BlackRock Inc. (3.17%) and Janus Henderson Group PLC (2.17%).

Which institutional investors are selling Acushnet stock?

GOLF stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Eagle Asset Management Inc., JPMorgan Chase & Co., First Trust Advisors LP, Van Berkom & Associates Inc., BlackRock Inc., Menta Capital LLC and River & Mercantile Asset Management LLP.

Which institutional investors are buying Acushnet stock?

GOLF stock was bought by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Granite Investment Partners LLC, Dimensional Fund Advisors LP, Janus Henderson Group PLC, Charles Schwab Investment Management Inc., SEI Investments Co, Geode Capital Management LLC and Martingale Asset Management L P.

How do I buy shares of Acushnet?

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

What is Acushnet's stock price today?

One share of GOLF stock can currently be purchased for approximately $24.30.

How big of a company is Acushnet?

Acushnet has a market capitalization of $1.84 billion and generates $1.63 billion in revenue each year. The company earns $99.87 million in net income (profit) each year or $1.32 on an earnings per share basis. Acushnet employs 5,209 workers across the globe.

What is Acushnet's official website?

The official website for Acushnet is http://www.acushnetholdingscorp.com.

How can I contact Acushnet?

Acushnet's mailing address is 333 BRIDGE STREET, FAIRHAVEN MA, 02719. The company can be reached via phone at 800-225-8500.


MarketBeat Community Rating for Acushnet (NYSE GOLF)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  227 (Vote Underperform)
Total Votes:  439
MarketBeat's community ratings are surveys of what our community members think about Acushnet and other stocks. Vote "Outperform" if you believe GOLF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GOLF will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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