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.
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Industry, Sector and Symbol
Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryN/A
SectorConsumer Discretionary
Phone800-225-8500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.63 billion
Profitability
Miscellaneous
Employees5,209
Next Earnings Date2/27/2020 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Thursday, October 31st. Stockholders of record on Friday, November 29th will be paid a dividend of $0.14 per share on Friday, December 13th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Wednesday, November 27th. View Acushnet's Dividend History.
How were Acushnet's earnings last quarter?
Acushnet Holdings Corp (NYSE:GOLF) posted its quarterly earnings results on Thursday, October, 31st. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.10. The company earned $417.20 million during the quarter, compared to the consensus estimate of $398.32 million. Acushnet had a return on equity of 12.07% and a net margin of 6.92%. Acushnet's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.09 EPS. View Acushnet's Earnings History.
When is Acushnet's next earnings date?
What price target have analysts set for GOLF?
7 Wall Street analysts have issued 1-year target prices for Acushnet's stock. Their forecasts range from $23.50 to $34.00. On average, they anticipate Acushnet's share price to reach $27.81 in the next twelve months. This suggests that the stock has a possible downside of 13.1%. View Analyst Price Targets for Acushnet.
What is the consensus analysts' recommendation for Acushnet?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Acushnet.
Has Acushnet been receiving favorable news coverage?
Media headlines about GOLF stock have been trending negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -2.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Acushnet.
Are investors shorting Acushnet?
Acushnet saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,280,000 shares, a decline of 12.3% from the December 15th total of 1,460,000 shares. Based on an average daily volume of 230,000 shares, the short-interest ratio is currently 5.6 days. Approximately 3.7% of the company's shares 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?
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 initial public offering (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 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?
Which institutional investors are selling Acushnet stock?
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 $31.99.
How big of a company is Acushnet?
Acushnet has a market capitalization of $2.40 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?
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)
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.
