NYSE:GOLF - Acushnet Stock Price, News, & Analysis

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$23.45 -0.26 (-1.10 %)
(As of 03/21/2019 04:00 PM ET)
Previous Close$23.71
Today's Range$23.42 - $23.78
52-Week Range$20.24 - $27.87
Volume116,989 shs
Average Volume152,004 shs
Market Capitalization$1.76 billion
P/E Ratio17.77
Dividend Yield2.36%
Beta0.89
Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products worldwide. The company operates through four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, and FootJoy Golf Wear. The Titleist Golf Balls segment designs, manufactures, and sells golf balls under the Titleist brands, such as Tour Soft, Velocity, and DT TruSoft, as well as under the Pinnacle brand. The Titleist Golf Clubs segment designs, assembles, and sells golf clubs comprising drivers, fairways, hybrids, and irons under the Titleist brand; wedges under the Vokey Design brand; and putters under the Scotty Cameron brand. The Titleist Golf Gear segment offers a portfolio of Titleist-branded performance golf gear products, such as golf bags, headwear, gloves, travel gear, head covers, and other golf gear products. The FootJoy Golf Wear segment designs, manufactures, and sells golf shoes, gloves, and apparel under the FootJoy brand, as well as through eCommerce Websites. It sells its products through golf shops and golf specialty retailers, as well as through other retailers and distributors. The company was formerly known as Alexandria Holdings Corp. and changed its name to Acushnet Holdings Corp. Acushnet Holdings Corp. was founded in 1910 and is headquartered in Fairhaven, Massachusetts.

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Industry, Sector and Symbol

Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone800-225-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.63 billion
Cash Flow$1.8436 per share
Book Value$12.40 per share

Profitability

Net Income$99.87 million

Miscellaneous

Employees5,209
Market Cap$1.76 billion
Next Earnings Date5/2/2019 (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 Friday, March 1st. Stockholders of record on Friday, March 15th will be given a dividend of $0.14 per share on Friday, March 29th. This represents a $0.56 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from Acushnet's previous quarterly dividend of $0.13. View Acushnet's Dividend History.

When is Acushnet's next earnings date?

Acushnet is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Acushnet.

What guidance has Acushnet issued on next quarter's earnings?

Acushnet updated its FY 2019 earnings guidance on Thursday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.655-1.685 billion, compared to the consensus revenue estimate of $1.66 billion.

What price target have analysts set for GOLF?

10 brokerages have issued 12 month price targets for Acushnet's stock. Their predictions range from $19.00 to $28.00. On average, they expect Acushnet's share price to reach $25.2388 in the next year. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for Acushnet.

What is the consensus analysts' recommendation for Acushnet?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acushnet in the last year. There are currently 7 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 on Thursday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Acushnet earned a news impact score of -2.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are some of Acushnet's key competitors?

What other stocks do shareholders of Acushnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Acushnet investors own include Cisco Systems (CSCO), Micron Technology (MU), Netflix (NFLX), AmerisourceBergen (ABC), Verizon Communications (VZ), Procter & Gamble (PG), Iqvia (IQV), SunTrust Banks (STI), Rigel Pharmaceuticals (RIGL) and Aptiv (APTV).

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 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 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?

Acushnet's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Shapiro Capital Management LLC (5.52%), Principal Financial Group Inc. (4.39%), BlackRock Inc. (3.26%), Dimensional Fund Advisors LP (1.63%), Dimensional Fund Advisors LP (1.63%) and Granite Investment Partners LLC (0.84%).

Which major investors are selling Acushnet stock?

GOLF stock was sold by a variety of institutional investors in the last quarter, including Shapiro Capital Management LLC, Millennium Management LLC, Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, Comerica Bank, Granite Investment Partners LLC, Principal Financial Group Inc. and Natixis Advisors L.P..

Which major investors are buying Acushnet stock?

GOLF stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Norges Bank, BlackRock Inc., River & Mercantile Asset Management LLP, First Trust Advisors LP, D. E. Shaw & Co. Inc. and Eagle Asset Management Inc..

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, Scottrade, Fidelity and Charles Schwab.

What is Acushnet's stock price today?

One share of GOLF stock can currently be purchased for approximately $23.45.

How big of a company is Acushnet?

Acushnet has a market capitalization of $1.76 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.

What is Acushnet's official website?

The official website for Acushnet is http://www.acushnetholdingscorp.com.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  400
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.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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