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S&P 500   3,852.36
DOW   32,920.46
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Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
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The Next Big Crisis Is Here (Ad)
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S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Grab Shares Are Suddenly On Track To Double
The Next Big Crisis Is Here (Ad)
Buying The Dip In Colgate-Palmolive 
GE Healthcare Technology: Speculating On Dividends 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
The Next Big Crisis Is Here (Ad)
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Grab Shares Are Suddenly On Track To Double
The Next Big Crisis Is Here (Ad)
Buying The Dip In Colgate-Palmolive 
GE Healthcare Technology: Speculating On Dividends 
NYSE:GOLF

Acushnet - GOLF Stock Forecast, Price & News

$46.88
+0.02 (+0.04%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$46.77
$47.68
50-Day Range
$42.40
$48.40
52-Week Range
$37.46
$53.94
Volume
437,085 shs
Average Volume
354,486 shs
Market Capitalization
$3.29 billion
P/E Ratio
19.78
Dividend Yield
1.54%
Price Target
$49.17

Acushnet MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
4.9% Upside
$49.17 Price Target
Short Interest
Bearish
17.06% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.00
Upright™ Environmental Score
News Sentiment
0.19mentions of Acushnet in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$100.02 M Sold Last Quarter
Proj. Earnings Growth
-0.74%
From $2.69 to $2.67 Per Share

Overall MarketRank

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

1.58 out of 5 stars

Consumer Discretionary Sector

254th out of 279 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

Acushnet Holdings Corp. (NYSE:GOLF) Short Interest Update
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Acushnet Holdings Is Hitting Its Distance
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Returns At Acushnet Holdings (NYSE:GOLF) Are On The Way Up
6 Best Golf Stocks to Buy Now - Yahoo Finance
See More Headlines
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GOLF Company Calendar

Last Earnings
11/03/2022
Ex-Dividend for 12/16 Dividend
12/01/2022
Dividend Payable
12/16/2022
Today
1/31/2023
Next Earnings (Estimated)
3/07/2023
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
6,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$49.17
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+4.9%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$178.87 million
Pretax Margin
10.34%

Debt

Sales & Book Value

Annual Sales
$2.15 billion
Cash Flow
$3.01 per share
Book Value
$14.67 per share

Miscellaneous

Free Float
32,998,000
Market Cap
$3.29 billion
Optionable
Optionable
Beta
0.75

Key Executives

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













GOLF Stock - Frequently Asked Questions

Should I buy or sell Acushnet stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last twelve months. There are currently 4 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?

5 brokerages have issued twelve-month price targets for Acushnet's stock. Their GOLF share price forecasts range from $45.00 to $55.00. On average, they predict the company's share price to reach $49.17 in the next twelve months. This suggests a possible upside of 4.9% 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 on January 1st, 2023. Since then, GOLF shares have increased by 10.4% and is now trading at $46.88.
View the best growth stocks for 2023 here
.

Are investors shorting Acushnet?

Acushnet saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 5,410,000 shares, an increase of 6.3% from the December 31st total of 5,090,000 shares. Based on an average trading volume of 320,000 shares, the short-interest ratio is presently 16.9 days. Currently, 17.1% of the shares of the 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 Tuesday, March 7th 2023.
View our GOLF earnings forecast
.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp. (NYSE:GOLF) announced its quarterly earnings data on Thursday, November, 3rd. The company reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.13. The business earned $558.20 million during the quarter, compared to analysts' expectations of $517.42 million. Acushnet had a net margin of 7.80% and a trailing twelve-month return on equity of 16.12%. The business's revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.52 EPS.

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

Acushnet announced a quarterly dividend on Friday, November 4th. Investors of record on Friday, December 2nd will be given a dividend of $0.18 per share on Friday, December 16th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, December 1st.
Read our dividend analysis for GOLF
.

Is Acushnet a good dividend stock?

Acushnet (NYSE:GOLF) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.54%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 30.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GOLF will have a dividend payout ratio of 26.97% 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 updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.23 billion-$2.25 billion, compared to the consensus revenue estimate of $2.24 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 initial public offering 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 number of institutional and retail investors. Top institutional shareholders include Vestmark Advisory Solutions Inc. (0.10%), Dupont Capital Management Corp (0.03%), Wesbanco Bank Inc. (0.02%), Quantum Private Wealth LLC (0.02%), Curated Wealth Partners LLC (0.02%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Christopher Aaron Lindner, Holdings Corp Fila, Steven Francis Pelisek 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 $46.88.

How much money does Acushnet make?

Acushnet (NYSE:GOLF) has a market capitalization of $3.29 billion and generates $2.15 billion in revenue each year. The company earns $178.87 million in net income (profit) each year or $2.37 on an earnings per share basis.

How many employees does Acushnet have?

The company employs 6,500 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 1/31/2023 by MarketBeat.com Staff