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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:GOLF

Acushnet Stock Forecast, Price & News

$41.80
+0.12 (+0.29%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$40.80
$41.98
50-Day Range
$37.99
$43.63
52-Week Range
$37.46
$57.87
Volume
208,288 shs
Average Volume
283,440 shs
Market Capitalization
$3.02 billion
P/E Ratio
17.86
Dividend Yield
1.73%
Price Target
$54.17

Acushnet Stock Forecast (MarketRank)

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
29.6% Upside
$54.17 Price Target
Short Interest
Bearish
9.72% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.00
Upright™ Environmental Score
News Sentiment
0.54mentions of Acushnet in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.32%
From $2.78 to $2.90 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.09 out of 5 stars

Consumer Discretionary Sector

152nd out of 405 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

6th out of 10 stocks

30 days | 90 days | 365 days | Advanced Chart

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Acushnet logo

About Acushnet (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 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.

GOLF Stock News Headlines

Acushnet (NYSE:GOLF) Lowered to Hold at StockNews.com
Acushnet (NYSE:GOLF) Lowered to "Hold" at StockNews.com
See More Headlines

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

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 6/17 Dividend
6/02/2022
Dividend Payable
6/17/2022
Today
7/02/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$54.17
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$44.00
Forecasted Upside/Downside
+29.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.5
Research Coverage
6 Analysts

Profitability

Net Income
$178.87 million
Pretax Margin
10.87%

Debt

Sales & Book Value

Annual Sales
$2.15 billion
Cash Flow
$3.07 per share
Book Value
$14.67 per share

Miscellaneous

Free Float
33,946,000
Market Cap
$3.02 billion
Optionable
Optionable
Beta
0.76














Acushnet Frequently Asked Questions

Should I buy or sell Acushnet stock right now?

6 Wall Street equities research 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 equities research analysts is that investors should "moderate buy" Acushnet stock.
View analyst ratings for Acushnet
or view top-rated stocks.

What is Acushnet's stock price forecast for 2022?

6 analysts have issued twelve-month price targets for Acushnet's shares. Their GOLF stock forecasts range from $44.00 to $62.00. On average, they expect Acushnet's share price to reach $54.17 in the next year. This suggests a possible upside of 29.6% from the stock's current price.
View analysts' price targets for Acushnet
or view top-rated stocks among Wall Street analysts.

How has Acushnet's stock performed in 2022?

Acushnet's stock was trading at $53.08 at the start of the year. Since then, GOLF stock has decreased by 21.3% and is now trading at $41.80.
View the best growth stocks for 2022 here
.

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) posted its earnings results on Thursday, May, 5th. The company reported $1.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.31. The business earned $606.10 million during the quarter, compared to analysts' expectations of $571.20 million. Acushnet had a trailing twelve-month return on equity of 15.47% and a net margin of 8.05%. The firm's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm 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 declared a quarterly dividend on Friday, May 6th. Investors of record on Friday, June 3rd will be given a dividend of $0.18 per share on Friday, June 17th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Thursday, June 2nd.
View Acushnet's dividend history
.

Is Acushnet a good dividend stock?

Acushnet(NYSE:GOLF) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.73%. 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 24.83% 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 issued an update on its FY 2022 earnings guidance on Monday, May, 23rd. The company provided EPS 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.

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 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.

What is Acushnet's stock symbol?

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

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 $41.80.

How much money does Acushnet make?

Acushnet (NYSE:GOLF) has a market capitalization of $3.02 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.

How can I contact Acushnet?

Acushnet's mailing address is 333 BRIDGE STREET, FAIRHAVEN MA, 02719. The official website for Acushnet is www.acushnetholdingscorp.com. The company can be reached via phone at (800) 225-8500.

This page (NYSE:GOLF) was last updated on 7/3/2022 by MarketBeat.com Staff

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