NYSE:GOLF Acushnet - GOLF Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Acushnet Holdings Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $49.46 -0.67 (-1.34%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$49.06▼$49.7350-Day Range$45.65▼$53.1552-Week Range$37.46▼$54.11Volume185,692 shsAverage Volume386,050 shsMarket Capitalization$3.31 billionP/E Ratio18.12Dividend Yield1.58%Price Target$52.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Acushnet MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside5.1% Upside$52.00 Price TargetShort InterestBearish17.51% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.00Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$101.81 M Sold Last QuarterProj. Earnings Growth7.17%From $2.79 to $2.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.78 out of 5 starsConsumer Discretionary Sector221st out of 259 stocksSporting & Athletic Goods, Not Elsewhere Classified Industry10th out of 10 stocks 1.1 Analyst's Opinion Consensus RatingAcushnet has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.00, Acushnet has a forecasted upside of 5.1% from its current price of $49.46.Amount of Analyst CoverageAcushnet has only been the subject of 4 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted17.51% of the float of Acushnet has been sold short.Short Interest Ratio / Days to CoverAcushnet has a short interest ratio ("days to cover") of 16, which indicates bearish sentiment.Change versus previous monthShort interest in Acushnet has recently increased by 1.81%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldAcushnet pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAcushnet has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Acushnet is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Acushnet will have a dividend payout ratio of 26.09% next year. This indicates that Acushnet will be able to sustain or increase its dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAcushnet has received a -13.08% net impact score from Upright. The largest negative impact of Acushnet in category "Scarce natural resources" seems to be driven mostly by its "Golf shoes", "Golf balls", and "Golf clubs" products. See details.Environmental SustainabilityThe Environmental Impact score for Acushnet is -6.00. Previous Next 2.4 News and Social Media Coverage News SentimentAcushnet has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.Search Interest6 people have searched for GOLF on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat Follows2 people have added Acushnet to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Acushnet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $101,811,476.00 in company stock.Percentage Held by Insiders53.00% of the stock of Acushnet is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions49.39% of the stock of Acushnet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Acushnet are expected to grow by 7.17% in the coming year, from $2.79 to $2.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Acushnet is 18.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Acushnet is 18.12, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.05.Price to Book Value per Share RatioAcushnet has a P/B Ratio of 3.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Acushnet (NYSE:GOLF) StockAcushnet 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.Read More Receive GOLF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Acushnet and its competitors with MarketBeat's FREE daily newsletter. Email Address GOLF Stock News HeadlinesMarch 18, 2023 | americanbankingnews.comCompass Point Lowers Acushnet (NYSE:GOLF) to NeutralMarch 18, 2023 | americanbankingnews.comAcushnet (NYSE:GOLF) Stock Rating Upgraded by Tigress FinancialMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 16, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Acushnet Holdings (NYSE:GOLF) Presents An OpportunityMarch 16, 2023 | americanbankingnews.comAcushnet (NYSE:GOLF) Coverage Initiated at StockNews.comMarch 8, 2023 | finance.yahoo.comAcushnet Holdings Corp. (NYSE:GOLF) Q4 2022 Earnings Call TranscriptMarch 7, 2023 | msn.comWednesday Is Your Last Chance To Buy Acushnet Hldgs Before The Dividend PayoutMarch 2, 2023 | finance.yahoo.comAcushnet Holdings Full Year 2022 Earnings: EPS Beats ExpectationsMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 1, 2023 | finance.yahoo.comAcushnet (GOLF) Reports Break-Even Earnings for Q4March 1, 2023 | finance.yahoo.comAcushnet Holdings Corp. Announces Full Year and Fourth Quarter 2022 Financial ResultsFebruary 22, 2023 | finance.yahoo.comAcushnet (GOLF) May Report Negative Earnings: Know the Trend Ahead of Next Week's ReleaseFebruary 15, 2023 | finance.yahoo.comAcushnet Holdings Corp. to Announce Full Year and Fourth Quarter 2022 Financial Results on March 1, 2023February 9, 2023 | finance.yahoo.comTopgolf Callaway Brands (MODG) Reports Q4 Loss, Tops Revenue EstimatesFebruary 7, 2023 | finance.yahoo.comAcushnet Holdings Corp. Acquires Club Glove Brand, The Performance Leader in Golf TravelJanuary 18, 2023 | marketwatch.comGolf Training Aids Equipment Market : Latest Trends, Size, Key Players, Revenue and Forecast 2029January 6, 2023 | finance.yahoo.com3 Leisure & Recreation Products Stocks to Watch Amid Industry WoesDecember 1, 2022 | finance.yahoo.comAcushnet Holdings Is Hitting Its DistanceNovember 21, 2022 | finance.yahoo.comReturns At Acushnet Holdings (NYSE:GOLF) Are On The Way UpNovember 5, 2022 | finance.yahoo.comShould Weakness in Acushnet Holdings Corp.'s (NYSE:GOLF) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?November 3, 2022 | finance.yahoo.comAcushnet Holdings Corp. Announces Third Quarter 2022 Financial ResultsOctober 20, 2022 | finance.yahoo.comAcushnet Holdings Corp. to Announce Third Quarter 2022 Financial Results on November 3, 2022October 19, 2022 | finance.yahoo.comEstimating The Fair Value Of Acushnet Holdings Corp. (NYSE:GOLF)October 19, 2022 | nasdaq.comAcushnet Holdings Breaks Below 200-Day Moving Average - Notable for GOLF - NasdaqOctober 18, 2022 | seekingalpha.comAcushnet loses bull rating at Roth Capital with golf spending seen at risk - Seeking AlphaOctober 18, 2022 | benzinga.com4 Analysts Have This to Say About Acushnet Hldgs - Acushnet Hldgs (NYSE:GOLF) - BenzingaOctober 16, 2022 | finance.yahoo.comZacks Industry Outlook Highlights Academy Sports and Outdoors, Acushnet Holdings and Vista Outdoor - Yahoo FinanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GOLF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Acushnet and its competitors with MarketBeat's FREE daily newsletter. Email Address GOLF Company Calendar Last Earnings11/04/2021Ex-Dividend for 3/24 Dividend3/09/2023Dividend Payable3/24/2023Today3/25/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Sporting & athletic goods, not elsewhere classified Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:GOLF CUSIPN/A CIK1672013 Webwww.acushnetholdingscorp.com Phone(800) 225-8500FaxN/AEmployees7,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$52.00 High Stock Price Forecast$62.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+5.1%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.73 Trailing P/E Ratio18.12 Forward P/E Ratio17.73 P/E GrowthN/ANet Income$199.28 million Net Margins8.87% Pretax Margin11.43% Return on Equity19.00% Return on Assets9.50% Debt Debt-to-Equity Ratio0.54 Current Ratio1.93 Quick Ratio0.70 Sales & Book Value Annual Sales$2.27 billion Price / Sales1.46 Cash Flow$3.46 per share Price / Cash Flow14.31 Book Value$13.91 per share Price / Book3.56Miscellaneous Outstanding Shares66,950,000Free Float31,465,000Market Cap$3.31 billion OptionableOptionable Beta0.77 Key ExecutivesDavid MaherPresident, Chief Executive Officer & DirectorThomas PachecoTreasurer, Chief Financial & Accounting OfficerRoger J. CzuchraExecutive VP, Chief Technology & Digital OfficerRoland A. GirouxSecretary, Chief Legal Officer & Executive VPBrendan J. ReidyChief People Officer & Executive Vice PresidentKey CompetitorsYETINYSE:YETIPeloton InteractiveNASDAQ:PTONTopgolf Callaway BrandsNYSE:MODGGrand Canyon EducationNASDAQ:LOPEUnder ArmourNYSE:UAView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 1,662 shares on 3/23/2023Ownership: 0.026%Victory Capital Management Inc.Sold 804,108 shares on 3/10/2023Ownership: 1.015%Thomas PachecoSold 20,000 sharesTotal: $1.04 M ($51.92/share)Christopher Aaron LindnerSold 15,000 sharesTotal: $782,250.00 ($52.15/share)Voya Investment Management LLCBought 18,760 shares on 2/28/2023Ownership: 0.106%View All Insider TransactionsView All Institutional Transactions GOLF Stock - Frequently Asked Questions Should I buy or sell Acushnet stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last year. There are currently 5 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? 6 brokers have issued twelve-month price targets for Acushnet's stock. Their GOLF share price forecasts range from $45.00 to $62.00. On average, they expect the company's share price to reach $52.00 in the next year. This suggests a possible upside of 5.1% 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 at the start of the year. Since then, GOLF stock has increased by 16.5% and is now trading at $49.46. View the best growth stocks for 2023 here. Are investors shorting Acushnet? Acushnet saw a drop in short interest in February. As of February 15th, there was short interest totaling 5,540,000 shares, a drop of 6.4% from the January 31st total of 5,920,000 shares. Based on an average trading volume of 329,000 shares, the days-to-cover ratio is currently 16.8 days. Currently, 16.4% of the company's 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 Thursday, May 4th 2023. View our GOLF earnings forecast. How were Acushnet's earnings last quarter? Acushnet Holdings Corp. (NYSE:GOLF) issued its quarterly earnings data on Thursday, November, 4th. The company reported $0.52 earnings per share 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 19.00% and a net margin of 8.87%. The firm's revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.84 earnings per share. How often does Acushnet pay dividends? What is the dividend yield for Acushnet? Acushnet declared a quarterly dividend on Wednesday, March 1st. Shareholders of record on Friday, March 10th will be paid a dividend of $0.195 per share on Friday, March 24th. This represents a $0.78 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Thursday, March 9th. This is a boost from the stock's previous quarterly dividend of $0.18. Read our dividend analysis for GOLF. What ETFs hold Acushnet's stock? ETFs with the largest weight of Acushnet (NYSE:GOLF) stock in their portfolio include First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Distillate Small/Mid Cash Flow ETF (DSMC), Janus Henderson Small Cap Growth Alpha ETF (JSML), First Trust Mid Cap US Equity Select ETF (RNMC), First Trust Mid Cap Growth AlphaDEX Fund (FNY), Franklin U.S. Small Cap Multifactor Index ETF (FLQS) and WisdomTree U.S. SmallCap Dividend Fund (DES). Is Acushnet a good dividend stock? Acushnet (NYSE:GOLF) pays an annual dividend of $0.78 per share and currently has a dividend yield of 1.57%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GOLF will have a dividend payout ratio of 26.09% 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 issued an update on its FY 2023 earnings guidance on Wednesday, March, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.33 billion-$2.38 billion, compared to the consensus revenue estimate of $2.26 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 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. 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 shareholders include JPMorgan Chase & Co. (2.46%), Dimensional Fund Advisors LP (2.41%), Macquarie Group Ltd. (1.99%), Wells Fargo & Company MN (1.68%), Principal Financial Group Inc. (1.61%) and Morgan Stanley (0.99%). Insiders that own company stock include Christopher Aaron Lindner, Holdings Corp Fila, Steven Francis Pelisek, Thomas Pacheco 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 $49.46. How much money does Acushnet make? Acushnet (NYSE:GOLF) has a market capitalization of $3.31 billion and generates $2.27 billion in revenue each year. The company earns $199.28 million in net income (profit) each year or $2.73 on an earnings per share basis. How many employees does Acushnet have? The company employs 7,300 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 3/25/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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