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NYSE:GOLF

Acushnet (GOLF) Stock Forecast, Price & News

$42.97
+0.77 (+1.82%)
(As of 05/17/2022 12:00 AM ET)
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Compare
Today's Range
$42.27
$43.20
50-Day Range
$39.66
$44.37
52-Week Range
$39.59
$57.87
Volume
220,971 shs
Average Volume
282,145 shs
Market Capitalization
$3.10 billion
P/E Ratio
18.36
Dividend Yield
1.71%
Beta
0.76
30 days | 90 days | 365 days | Advanced Chart
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Acushnet logo

About Acushnet

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 name; wedges under the Vokey Design brand; and putters under the Scotty Cameron brand. The company also provides golf bags, headwear, golf gloves, travel products, head covers, and other golf accessories, as well as offers customization and personalization of products in Titleist golf gear. In addition, it offers golf shoes, gloves, golf outerwear, and men's and women's golf apparels under the FootJoy brand; and ski, golf, and lifestyle apparels 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.

Headlines

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Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
6,500
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.15 billion
Cash Flow
$3.04 per share
Book Value
$14.67 per share

Profitability

Net Income
$178.87 million
Pretax Margin
11.54%

Debt

Price-To-Earnings

Miscellaneous

Free Float
33,946,000
Market Cap
$3.10 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/25 Dividend
3/10/2022
Dividend Payable
3/25/2022
Last Earnings
5/05/2022
Today
5/17/2022
Ex-Dividend for 6/17 Dividend
6/02/2022
Dividend Payable
6/17/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.69 out of 5 stars

Consumer Discretionary Sector

75th out of 403 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

3rd out of 10 stocks

Analyst Opinion: 3.3Community Rank: 3.7Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -













Acushnet (NYSE:GOLF) Frequently Asked Questions

Is Acushnet a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Acushnet stock.
View analyst ratings for Acushnet
or view top-rated stocks.

When is Acushnet's next earnings date?

Acushnet is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Acushnet
.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp. (NYSE:GOLF) issued its earnings results on Thursday, May, 5th. The company reported $1.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.30. The company had revenue of $606.10 million for the quarter, compared to the consensus estimate of $571.20 million. Acushnet had a trailing twelve-month return on equity of 15.37% and a net margin of 8.05%. Acushnet's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.13 earnings per share.
View Acushnet's earnings history
.

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

Acushnet announced a quarterly dividend on Friday, May 6th. Stockholders of record on Friday, June 3rd will be paid a dividend of $0.18 per share on Friday, June 17th. This represents a $0.72 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Thursday, June 2nd.
View Acushnet's dividend history
.

Is Acushnet a good dividend stock?

Acushnet pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.71%. Acushnet has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Acushnet is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Acushnet will have a dividend payout ratio of 24.91% next year. This indicates that Acushnet will be able to sustain or increase its dividend.
View Acushnet's dividend history.

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

Acushnet updated its FY 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.17 billion-$2.23 billion, compared to the consensus revenue estimate of $2.20 billion.

What price target have analysts set for GOLF?

6 brokers have issued 1 year price objectives for Acushnet's stock. Their forecasts range from $44.00 to $62.00. On average, they anticipate Acushnet's stock price to reach $54.17 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price.
View analysts' price targets for Acushnet
or view top-rated stocks among Wall Street analysts.

Who are Acushnet's key executives?
Acushnet's management team includes the following people:
  • Mr. David E. Maher, Pres, CEO & Director (Age 54, Pay $3.15M)
  • Mr. Thomas Pacheco, Exec. VP, CFO & Chief Accounting Officer (Age 53, Pay $1.23M)
  • Ms. Mary Louise Bohn, Pres of Titleist Golf Balls (Age 61, Pay $1.17M)
  • Mr. Steven Pelisek, Pres of Titleist Golf Clubs (Age 61, Pay $1.15M)
  • Mr. Christopher Aaron Lindner, Pres of FootJoy (Age 53, Pay $1.16M) (LinkedIn Profile)
  • Mr. Roland A. Giroux, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 61)
  • Mr. Brendan J. Reidy, Exec. VP & Chief People Officer (Age 44)
  • Mr. John Duke Jr., Pres of Titleist Golf Gear (Age 53)
  • Timo Regier, Managing Director of KJUS European Operations
  • Ms. Brooke Mackenzie, Pres of Worldwide Operations of KJUS
What is Wally Uihlein's approval rating as Acushnet's CEO?

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

What other stocks do shareholders of Acushnet own?

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

When did Acushnet IPO?

(GOLF) raised $434 million in an initial public offering (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.

What is Acushnet's stock symbol?

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

Who are Acushnet's major shareholders?

Acushnet's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.33%), BlackRock Inc. (3.30%), JPMorgan Chase & Co. (3.01%), Wellington Management Group LLP (2.48%), Dimensional Fund Advisors LP (2.12%) and Victory Capital Management Inc. (1.83%). Company insiders that own Acushnet stock include Christopher Aaron Lindner, Holdings Corp Fila and Yoon Soo (Gene) Yoon.
View institutional ownership trends for Acushnet
.

Which institutional investors are selling Acushnet stock?

GOLF stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Raymond James & Associates, Goldman Sachs Group Inc., Principal Financial Group Inc., Van Berkom & Associates Inc., Acadian Asset Management LLC, BlackRock Inc., and Lazard Asset Management LLC. Company insiders that have sold Acushnet company stock in the last year include Christopher Aaron Lindner, Holdings Corp Fila, and Yoon Soo (Gene) Yoon.
View insider buying and selling activity for Acushnet
or view top insider-selling stocks.

Which institutional investors are buying Acushnet stock?

GOLF stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., First Trust Advisors LP, JPMorgan Chase & Co., Dimensional Fund Advisors LP, Denali Advisors LLC, Engineers Gate Manager LP, Invesco Ltd., and American Century Companies Inc..
View insider buying and selling activity for Acushnet
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Acushnet's stock price today?

One share of GOLF stock can currently be purchased for approximately $42.97.

How much money does Acushnet make?

Acushnet has a market capitalization of $3.10 billion and generates $2.15 billion in revenue each year. The company earns $178.87 million in net income (profit) each year or $2.34 on an earnings per share basis.

How many employees does Acushnet have?

Acushnet employs 6,500 workers across the globe.

What is Acushnet's official website?

The official website for Acushnet is 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.

This page was last updated on 5/17/2022 by MarketBeat.com Staff

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