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

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$23.17 +0.06 (+0.26 %)
(As of 01/23/2019 04:00 PM ET)
Previous Close$23.11
Today's Range$22.95 - $23.40
52-Week Range$17.55 - $27.87
Volume126,130 shs
Average Volume184,909 shs
Market Capitalization$1.73 billion
P/E Ratio18.84
Dividend Yield2.22%
Beta0.81
Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products worldwide. The company operates through four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, and FootJoy Golf Wear. The Titleist Golf Balls segment designs, manufactures, and sells golf balls under the Titleist brands, such as Tour Soft, Velocity, and DT TruSoft, as well as under the Pinnacle brand. The Titleist Golf Clubs segment designs, assembles, and sells golf clubs comprising drivers, fairways, hybrids, and irons under the Titleist brand; wedges under the Vokey Design brand; and putters under the Scotty Cameron brand. The Titleist Golf Gear segment offers a portfolio of Titleist-branded performance golf gear products, such as golf bags, headwear, gloves, travel gear, head covers, and other golf gear products. The FootJoy Golf Wear segment designs, manufactures, and sells golf shoes, gloves, and apparel under the FootJoy brand, as well as through eCommerce Websites. It sells its products through golf shops and golf specialty retailers, as well as through other retailers and distributors. The company was formerly known as Alexandria Holdings Corp. and changed its name to Acushnet Holdings Corp. 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$1.56 billion
Cash Flow$1.7864 per share
Book Value$11.38 per share

Profitability

Net Income$92.11 million

Miscellaneous

Employees5,230
Market Cap$1.73 billion
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 announced a quarterly dividend on Thursday, November 1st. Investors of record on Friday, November 30th will be given a dividend of $0.13 per share on Friday, December 14th. This represents a $0.52 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Thursday, November 29th. View Acushnet's Dividend History.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp (NYSE:GOLF) issued its quarterly earnings data on Thursday, November, 1st. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.06. The company earned $370.43 million during the quarter, compared to analysts' expectations of $358.70 million. Acushnet had a net margin of 6.10% and a return on equity of 11.27%. View Acushnet's Earnings History.

When is Acushnet's next earnings date?

Acushnet is scheduled to release their next quarterly earnings announcement on Wednesday, March 6th 2019. View Earnings Estimates for Acushnet.

What price target have analysts set for GOLF?

11 equities research analysts have issued 1-year price objectives for Acushnet's shares. Their forecasts range from $19.00 to $28.00. On average, they expect Acushnet's share price to reach $25.2857 in the next year. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for Acushnet.

What is the consensus analysts' recommendation for Acushnet?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Acushnet.

Has Acushnet been receiving favorable news coverage?

Headlines about GOLF stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Acushnet earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days.

Who are some of Acushnet's key competitors?

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 a price of $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.

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 $23.18.

How big of a company is Acushnet?

Acushnet has a market capitalization of $1.73 billion and generates $1.56 billion in revenue each year. The company earns $92.11 million in net income (profit) each year or $1.23 on an earnings per share basis. Acushnet employs 5,230 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:  2.6 out of 5 (star star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  357
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 1/23/2019 by MarketBeat.com Staff

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