NYSE:GOLF

Acushnet Stock Forecast, Price & News

$50.59
+0.95 (+1.91 %)
(As of 09/23/2021 12:00 AM ET)
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Today's Range
$49.67
$50.73
50-Day Range
$48.48
$54.58
52-Week Range
$32.64
$56.85
Volume344,100 shs
Average Volume241,235 shs
Market Capitalization$3.74 billion
P/E Ratio15.15
Dividend Yield1.33%
Beta0.77
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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.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.24 out of 5 stars

Consumer Discretionary Sector

134th out of 384 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

8th out of 9 stocks

Analyst Opinion: 1.2Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
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Acushnet (NYSE:GOLF) Frequently Asked Questions

Is Acushnet a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last twelve months. There are currently 3 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.

What stocks does MarketBeat like better than Acushnet?

Wall Street analysts have given Acushnet a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Acushnet wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Acushnet's next earnings date?

Acushnet is scheduled to release its next quarterly earnings announcement on Friday, November 5th 2021.
View our earnings forecast for Acushnet
.

How were Acushnet's earnings last quarter?

Acushnet Holdings Corp. (NYSE:GOLF) posted its quarterly earnings data on Wednesday, August, 4th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.32. The company had revenue of $624.90 million for the quarter, compared to the consensus estimate of $530.90 million. Acushnet had a net margin of 11.89% and a trailing twelve-month return on equity of 24.27%. The company's quarterly revenue was up 108.3% on a year-over-year basis. During the same quarter last year, the business posted $0.03 earnings per share.
View Acushnet's earnings history
.

How has Acushnet's stock price been impacted by Coronavirus (COVID-19)?

Acushnet's stock was trading at $24.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GOLF shares have increased by 105.8% and is now trading at $50.59.
View which stocks have been most impacted by COVID-19
.

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

Acushnet announced a quarterly dividend on Friday, August 6th. Stockholders of record on Friday, September 3rd will be given a dividend of $0.165 per share on Friday, September 17th. This represents a $0.66 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, September 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 1.33%. Acushnet does not yet have a strong track record of dividend growth. The dividend payout ratio of Acushnet is 38.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Acushnet will have a dividend payout ratio of 28.09% 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, September, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.93 billion-$1.99 billion, compared to the consensus revenue estimate of $1.86 billion.

What price target have analysts set for GOLF?

5 brokers have issued 1-year price targets for Acushnet's shares. Their forecasts range from $42.00 to $62.00. On average, they anticipate Acushnet's stock price to reach $52.33 in the next twelve months. This suggests a possible upside of 3.4% 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), The 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 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 institutional and retail investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (11.42%), Vanguard Group Inc. (4.20%), BlackRock Inc. (3.29%), JPMorgan Chase & Co. (3.10%), Principal Financial Group Inc. (2.68%) and Dimensional Fund Advisors LP (1.93%). 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 Van Berkom & Associates Inc., BlackRock Inc., Dimensional Fund Advisors LP, Deutsche Bank AG, JPMorgan Chase & Co., Marshall Wace LLP, Marshall Wace LLP, and Bank of America Corp DE.
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 Kayne Anderson Rudnick Investment Management LLC, FMR LLC, Millennium Management LLC, Clear Creek Financial Management LLC, Renaissance Technologies LLC, Nuveen Asset Management LLC, Vanguard Group Inc., and First Trust Advisors LP.
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 $50.59.

How much money does Acushnet make?

Acushnet has a market capitalization of $3.74 billion and generates $1.61 billion in revenue each year. The company earns $96.01 million in net income (profit) each year or $1.73 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 9/24/2021 by MarketBeat.com Staff
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