Acushnet Stock Forecast, Price & News

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 twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Acushnet stock. 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 analyst ratings for Acushnet or view top-rated stocks.

How has Acushnet's stock price 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 stock has increased by 118.0% and is now trading at $53.58.
View which stocks have been most impacted by COVID-19.

When is Acushnet's next earnings date?

Acushnet is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Acushnet.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp. (NYSE:GOLF) released its earnings results on Thursday, November, 4th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.38. The business had revenue of $521.60 million for the quarter, compared to the consensus estimate of $430.53 million. Acushnet had a net margin of 10.56% and a trailing twelve-month return on equity of 21.12%. The business's revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.84 EPS.
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, November 5th. Shareholders of record on Friday, December 3rd will be given a dividend of $0.165 per share on Friday, December 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Thursday, December 2nd.
View Acushnet's dividend history.

Is Acushnet a good dividend stock?

Acushnet pays an annual dividend of $0.66 per share and currently has a dividend yield of 1.21%. Acushnet has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Acushnet is 21.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Acushnet will have a dividend payout ratio of 26.29% 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 2021 earnings guidance on Thursday, November, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.08 billion-$2.11 billion, compared to the consensus revenue estimate of $1.98 billion.

What price target have analysts set for GOLF?

6 equities research analysts have issued 1-year price targets for Acushnet's stock. Their forecasts range from $42.00 to $63.00. On average, they expect Acushnet's stock price to reach $53.86 in the next twelve months. This suggests a possible upside of 0.5% 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:

• David Maher, President, Chief Executive Officer & Director
• Thomas Pacheco, Treasurer, Chief Financial & Accounting Officer
• Brendan M. Gibbons, Secretary, Chief Legal Officer & Executive VP
• Brendan J. Reidy, Chief People Officer & Executive Vice President
• Chris Lindner, President-FootJoy Wear

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.

Who are some of Acushnet's key competitors?

Some companies that are related to Acushnet include Peloton Interactive (PTON), YETI (YETI), Callaway Golf (ELY), SPORTS DIRECT I/ADR (SDISY), Solo Brands (DTC), Johnson Outdoors (JOUT), Clarus (CLAR), American Outdoor Brands (AOUT), Nautilus (NLS), Escalade (ESCA), Alliance Sports Group (BOLL), American Rare Earths and Materials (AREM), iSatori (IFIT) and Western Metals (WTLC).
View all of GOLF's 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 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 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.

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 Kayne Anderson Rudnick Investment Management LLC (11.34%), Wellington Management Group LLP (3.72%), BlackRock Inc. (3.28%), Principal Financial Group Inc. (2.13%), Dimensional Fund Advisors LP (1.99%) and Macquarie Group Ltd. (1.50%). Company insiders that own Acushnet stock include Christopher Aaron Lindner and Yoon Soo (Gene) Yoon.
View institutional ownership trends for Acushnet.

Which major investors are selling Acushnet stock?

GOLF stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Principal Financial Group Inc., Assenagon Asset Management S.A., Macquarie Group Ltd., Kayne Anderson Rudnick Investment Management LLC, Renaissance Technologies LLC, Citadel Advisors LLC, and BlackRock Inc.. Company insiders that have sold Acushnet company stock in the last year include Christopher Aaron Lindner, and Yoon Soo (Gene) Yoon.
View insider buying and selling activity for Acushnet or view top insider-selling stocks.

Which major investors are buying Acushnet stock?

GOLF stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., London Co. of Virginia, Moors & Cabot Inc., Morgan Stanley, Marshall Wace LLP, Dimensional Fund Advisors LP, Aviva PLC, and Millennium Management LLC.
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.
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What is Acushnet's stock price today?

One share of GOLF stock can currently be purchased for approximately $53.58.

How much money does Acushnet make?

Acushnet has a market capitalization of $3.95 billion and generates $1.61 billion in revenue each year. The company earns $96.01 million in net income (profit) each year or $3.02 on an earnings per share basis.

How many employees does Acushnet have?

Acushnet employs 5,365 workers across the globe.

What is Acushnet's official website?

The official website for Acushnet is www.acushnetholdingscorp.com.

Where are Acushnet's headquarters?

Acushnet is headquartered at 333 BRIDGE STREET, FAIRHAVEN MA, 02719.

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.