NYSE:GOLF - Acushnet Stock Price, News & Analysis

$24.99
-1.07 (-4.11 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$24.94
Now: $24.99
$25.99
50-Day Range
$23.40
MA: $25.83
$26.91
52-Week Range
$20.24
Now: $24.99
$27.87
Volume222,012 shs
Average Volume189,398 shs
Market Capitalization$1.88 billion
P/E Ratio18.93
Dividend Yield2.15%
Beta0.99
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. Read More…

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$1.63 billion
Cash Flow$1.8188 per share
Book Value$12.71 per share

Profitability

Net Income$99.87 million

Miscellaneous

Employees5,209
Market Cap$1.88 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

Receive GOLF News and Ratings via Email

Sign-up to receive the latest news and ratings for GOLF and its competitors with MarketBeat's FREE daily newsletter.


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 Wednesday, August 7th. Stockholders of record on Friday, August 30th will be given a dividend of $0.14 per share on Friday, September 13th. This represents a $0.56 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Thursday, August 29th. View Acushnet's Dividend History.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp (NYSE:GOLF) posted its quarterly earnings results on Wednesday, August, 7th. The company reported $0.51 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.08. The firm had revenue of $462.22 million for the quarter, compared to the consensus estimate of $484.88 million. Acushnet had a return on equity of 9.81% and a net margin of 5.71%. The business's revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.53 EPS. View Acushnet's Earnings History.

When is Acushnet's next earnings date?

Acushnet is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Acushnet.

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

Acushnet updated its FY 2019 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.655-1.685 billion, compared to the consensus revenue estimate of $1.67 billion.

What price target have analysts set for GOLF?

8 brokerages have issued 12-month price targets for Acushnet's shares. Their forecasts range from $24.00 to $28.00. On average, they anticipate Acushnet's stock price to reach $25.9871 in the next year. This suggests a possible upside of 4.0% from the stock's current price. View Analyst Price Targets for Acushnet.

What is the consensus analysts' recommendation for Acushnet?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Acushnet.

Has Acushnet been receiving favorable news coverage?

News articles about GOLF stock have been trending positive on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Acushnet earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Acushnet.

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 Micron Technology (MU), Cisco Systems (CSCO), Walt Disney (DIS), Nucor (NUE), Procter & Gamble (PG), Costco Wholesale (COST), Netflix (NFLX), NVIDIA (NVDA), Roku (ROKU) and AbbVie (ABBV).

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 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.

Who are Acushnet's major shareholders?

Acushnet's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.06%), JPMorgan Chase & Co. (3.33%), BlackRock Inc. (3.25%), Janus Henderson Group PLC (2.52%), Janus Henderson Group PLC (2.52%) and Granite Investment Partners LLC (0.99%).

Which major investors are selling Acushnet stock?

GOLF stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Amundi Pioneer Asset Management Inc., Bank of America Corp DE, First Trust Advisors LP, Foresters Investment Management Company Inc., Heartland Advisors Inc., Eagle Asset Management Inc. and Wells Fargo & Company MN.

Which major investors are buying Acushnet stock?

GOLF stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Janus Henderson Group PLC, Landscape Capital Management L.L.C., Nuveen Asset Management LLC, Northern Trust Corp, BlackRock Inc., State Board of Administration of Florida Retirement System and Marshall Wace LLP.

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 $24.99.

How big of a company is Acushnet?

Acushnet has a market capitalization of $1.88 billion and generates $1.63 billion in revenue each year. The company earns $99.87 million in net income (profit) each year or $1.32 on an earnings per share basis. Acushnet employs 5,209 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.


MarketBeat Community Rating for Acushnet (NYSE GOLF)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  220 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  481
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 8/25/2019 by MarketBeat.com Staff

Featured Article: Special Dividends

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel