S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
NYSE:GOLF

Acushnet Stock Forecast, Price & News

$53.16
-1.22 (-2.24%)
(As of 12/1/2021 12:00 AM ET)
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Today's Range
$53.13
$55.59
50-Day Range
$46.70
$57.43
52-Week Range
$38.22
$57.87
Volume
243,540 shs
Average Volume
232,117 shs
Market Capitalization
$3.91 billion
P/E Ratio
17.60
Dividend Yield
1.21%
Beta
0.8
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Acushnet logo

About Acushnet

Acushnet Holdings Corp. engages in the design, development, manufacture, and distribution of 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 involves 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, gloved, travel gear, and head covers. 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.

Headlines

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Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
5,365
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.61 billion
Cash Flow
$2.31 per share
Book Value
$13.69 per share

Profitability

Net Income
$96.01 million
Pretax Margin
13.36%

Debt

Price-To-Earnings

Miscellaneous

Free Float
33,796,000
Market Cap
$3.91 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/02/2021
Dividend Payable
9/17/2021
Last Earnings
11/04/2021
Today
12/02/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/24/2022

MarketRank

Overall MarketRank

2.27 out of 5 stars

Consumer Discretionary Sector

154th out of 388 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

10th out of 10 stocks

Analyst Opinion: 1.2Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -












Acushnet (NYSE:GOLF) Frequently Asked Questions

Is Acushnet a buy right now?

6 Wall Street equities research 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 equities research 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 Coronavirus?

Acushnet's stock was trading at $24.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GOLF stock has increased by 116.3% and is now trading at $53.16.
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) announced its quarterly earnings data on Thursday, November, 4th. The company reported $0.52 EPS 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 21.12% and a net margin of 10.56%. The business's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.84 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, November 5th. Stockholders of record on Friday, December 3rd will be paid 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 1.24%. 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 earnings per share 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 Wall Street analysts have issued 12 month price objectives for Acushnet's shares. 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 1.3% 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.

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 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."

Who are Acushnet's major shareholders?

Acushnet's stock is owned by a variety of retail and institutional 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 acquired 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.
Compare Top Brokerages Here.

What is Acushnet's stock price today?

One share of GOLF stock can currently be purchased for approximately $53.16.

How much money does Acushnet make?

Acushnet has a market capitalization of $3.91 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.


This page was last updated on 12/2/2021 by MarketBeat.com Staff

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