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NYSE:GOLFAcushnet Stock Price, Forecast & News

$24.66
+0.06 (+0.24 %)
(As of 04/10/2020 06:00 AM ET)
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Today's Range
$23.94
Now: $24.66
$25.27
50-Day Range
$21.15
MA: $25.58
$30.31
52-Week Range
$20.65
Now: $24.66
$33.50
Volume802,077 shs
Average Volume539,934 shs
Market Capitalization$1.83 billion
P/E Ratio15.41
Dividend Yield2.52%
Beta0.9
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.33 out of 5 stars


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$1.68 billion
Cash Flow$2.21 per share
Book Value$12.65 per share

Profitability

Net Income$121.07 million

Miscellaneous

Employees5,213
Market Cap$1.83 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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Acushnet (NYSE:GOLF) Frequently Asked Questions

How has Acushnet's stock been impacted by COVID-19 (Coronavirus)?

Acushnet's stock was trading at $24.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GOLF shares have increased by 0.3% and is now trading at $24.66. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Acushnet?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last year. There are currently 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Acushnet.

When is Acushnet's next earnings date?

Acushnet is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Acushnet.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp (NYSE:GOLF) released its earnings results on Thursday, February, 27th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.23 by $0.01. The company had revenue of $368.30 million for the quarter, compared to analysts' expectations of $362.66 million. Acushnet had a return on equity of 12.67% and a net margin of 7.20%. The business's revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $0.15 EPS. 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, February 28th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.155 per share on Friday, March 27th. This represents a $0.62 annualized dividend and a yield of 2.51%. The ex-dividend date is Thursday, March 12th. This is an increase from Acushnet's previous quarterly dividend of $0.14. View Acushnet's dividend history.

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

Acushnet issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.665-1.705 billion, compared to the consensus revenue estimate of $1.72 billion.

What price target have analysts set for GOLF?

8 brokers have issued 12-month price targets for Acushnet's stock. Their forecasts range from $24.25 to $34.00. On average, they expect Acushnet's stock price to reach $27.92 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price. View analysts' price targets for Acushnet.

Has Acushnet been receiving favorable news coverage?

Media stories about GOLF stock have trended very negative this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Acushnet earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutAcushnet.

Are investors shorting Acushnet?

Acushnet saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,413,900 shares, an increase of 32.1% from the February 27th total of 1,070,000 shares. Based on an average trading volume of 270,800 shares, the short-interest ratio is currently 5.2 days. Currently, 4.2% of the company's stock are sold short. View Acushnet's Current Options Chain.

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 Verizon Communications (VZ), AbbVie (ABBV), Alibaba Group (BABA), Walt Disney (DIS), Altria Group (MO), AT&T (T), Cisco Systems (CSCO), Procter & Gamble (PG), UnitedHealth Group (UNH) and Advanced Micro Devices (AMD).

Who are Acushnet's key executives?

Acushnet's management team includes the following 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.

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 many different institutional and retail investors. Top institutional investors include San Francisco Sentry Investment Group CA (0.00%). 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 San Francisco Sentry Investment Group CA. View insider buying and selling activity for Acushnet.

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, Robinhood, Fidelity, and Charles Schwab.

What is Acushnet's stock price today?

One share of GOLF stock can currently be purchased for approximately $24.66.

How big of a company is Acushnet?

Acushnet has a market capitalization of $1.83 billion and generates $1.68 billion in revenue each year. The company earns $121.07 million in net income (profit) each year or $1.60 on an earnings per share basis. Acushnet employs 5,213 workers across the globe. View additional information about Acushnet.

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.

This page was last updated on 4/10/2020 by MarketBeat.com Staff

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