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MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
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Bank failures and rescue test Yellen's decades of experience
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
The gold catalyst we’ve waited for (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
The gold catalyst we’ve waited for (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
The gold catalyst we’ve waited for (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
NYSE:GOLF

Acushnet - GOLF Stock Forecast, Price & News

$49.46
-0.67 (-1.34%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$49.06
$49.73
50-Day Range
$45.65
$53.15
52-Week Range
$37.46
$54.11
Volume
185,692 shs
Average Volume
386,050 shs
Market Capitalization
$3.31 billion
P/E Ratio
18.12
Dividend Yield
1.58%
Price Target
$52.00

Acushnet MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
5.1% Upside
$52.00 Price Target
Short Interest
Bearish
17.51% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.00
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$101.81 M Sold Last Quarter
Proj. Earnings Growth
7.17%
From $2.79 to $2.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

Consumer Discretionary Sector

221st out of 259 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

10th out of 10 stocks


GOLF stock logo

About Acushnet (NYSE:GOLF) Stock

Acushnet Holdings Corp. engages in the design, development, manufacture, and distribution of performance-driven golf products. It operates through the following segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, FootJoy Golf Wear, and Other. The Titleist Golf Balls segment is involved in the design and manufacture of golf balls. The Titleist Golf Clubs segment designs, assembles, and sells golf clubs such as drivers, fairways, hybrids, and irons. The Titleist Golf Gear segment offers golf bags, headwear, golf gloves, travel products, headcovers, and other golf accessories. The FootJoy Golf Wear segment includes golf shoes, gloves, and apparel. The company was founded by Phil Young in 1910 and is headquartered in Fairhaven, MA.

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GOLF Stock News Headlines

Compass Point Lowers Acushnet (NYSE:GOLF) to Neutral
Acushnet (NYSE:GOLF) Stock Rating Upgraded by Tigress Financial
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Acushnet (NYSE:GOLF) Coverage Initiated at StockNews.com
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Acushnet (GOLF) Reports Break-Even Earnings for Q4
Acushnet Holdings Is Hitting Its Distance
Returns At Acushnet Holdings (NYSE:GOLF) Are On The Way Up
See More Headlines
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GOLF Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 3/24 Dividend
3/09/2023
Dividend Payable
3/24/2023
Today
3/25/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
12/31/2023

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 Forecast
$52.00
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+5.1%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$199.28 million
Pretax Margin
11.43%

Debt

Sales & Book Value

Annual Sales
$2.27 billion
Cash Flow
$3.46 per share
Book Value
$13.91 per share

Miscellaneous

Free Float
31,465,000
Market Cap
$3.31 billion
Optionable
Optionable
Beta
0.77

Key Executives

  • David Maher
    President, Chief Executive Officer & Director
  • Thomas Pacheco
    Treasurer, Chief Financial & Accounting Officer
  • Roger J. Czuchra
    Executive VP, Chief Technology & Digital Officer
  • Roland A. Giroux
    Secretary, Chief Legal Officer & Executive VP
  • Brendan J. Reidy
    Chief People Officer & Executive Vice President













GOLF Stock - Frequently Asked Questions

Should I buy or sell Acushnet stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GOLF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GOLF, but not buy additional shares or sell existing shares.
View GOLF analyst ratings
or view top-rated stocks.

What is Acushnet's stock price forecast for 2023?

6 brokers have issued twelve-month price targets for Acushnet's stock. Their GOLF share price forecasts range from $45.00 to $62.00. On average, they expect the company's share price to reach $52.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price.
View analysts price targets for GOLF
or view top-rated stocks among Wall Street analysts.

How have GOLF shares performed in 2023?

Acushnet's stock was trading at $42.46 at the start of the year. Since then, GOLF stock has increased by 16.5% and is now trading at $49.46.
View the best growth stocks for 2023 here
.

Are investors shorting Acushnet?

Acushnet saw a drop in short interest in February. As of February 15th, there was short interest totaling 5,540,000 shares, a drop of 6.4% from the January 31st total of 5,920,000 shares. Based on an average trading volume of 329,000 shares, the days-to-cover ratio is currently 16.8 days. Currently, 16.4% of the company's stock are sold short.
View Acushnet's Short Interest
.

When is Acushnet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our GOLF earnings forecast
.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp. (NYSE:GOLF) issued its quarterly earnings data on Thursday, November, 4th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.38. The business had revenue of $521.60 million for the quarter, compared to analyst estimates of $430.53 million. Acushnet had a trailing twelve-month return on equity of 19.00% and a net margin of 8.87%. The firm's revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.84 earnings per share.

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

Acushnet declared a quarterly dividend on Wednesday, March 1st. Shareholders of record on Friday, March 10th will be paid a dividend of $0.195 per share on Friday, March 24th. This represents a $0.78 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Thursday, March 9th. This is a boost from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for GOLF
.

Is Acushnet a good dividend stock?

Acushnet (NYSE:GOLF) pays an annual dividend of $0.78 per share and currently has a dividend yield of 1.57%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GOLF will have a dividend payout ratio of 26.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GOLF.

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

Acushnet issued an update on its FY 2023 earnings guidance on Wednesday, March, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.33 billion-$2.38 billion, compared to the consensus revenue estimate of $2.26 billion.

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.

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 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 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.

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 variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (2.46%), Dimensional Fund Advisors LP (2.41%), Macquarie Group Ltd. (1.99%), Wells Fargo & Company MN (1.68%), Principal Financial Group Inc. (1.61%) and Morgan Stanley (0.99%). Insiders that own company stock include Christopher Aaron Lindner, Holdings Corp Fila, Steven Francis Pelisek, Thomas Pacheco and Yoon Soo (Gene) Yoon.
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 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 $49.46.

How much money does Acushnet make?

Acushnet (NYSE:GOLF) has a market capitalization of $3.31 billion and generates $2.27 billion in revenue each year. The company earns $199.28 million in net income (profit) each year or $2.73 on an earnings per share basis.

How many employees does Acushnet have?

The company employs 7,300 workers across the globe.

How can I contact Acushnet?

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

This page (NYSE:GOLF) was last updated on 3/25/2023 by MarketBeat.com Staff