An Important Check-Up On Acushnet Holdings Corp (NYSE: GOLF)

Acushnet Holdings Corp (GOLF) concluded trading on Wednesday at a closing price of $67.73, with 5.25 million shares of worth about $355.91 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.68% during that period and on February 12, 2025 the price saw a loss of about -1.18%. Currently the company’s common shares owned by public are about 61.66M shares, out of which, 27.62M shares are available for trading.

Stock saw a price change of 3.93% in past 5 days and over the past one month there was a price change of -5.56%. Year-to-date (YTD), GOLF shares are showing a performance of -4.71% which increased to 1.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $58.54 but also hit the highest price of $76.65 during that period. The average intraday trading volume for Acushnet Holdings Corp shares is 302.37K. The stock is currently trading -0.69% below its 20-day simple moving average (SMA20), while that difference is down -4.25% for SMA50 and it goes to 1.65% higher than SMA200.

Acushnet Holdings Corp (NYSE: GOLF) currently have 61.66M outstanding shares and institutions hold larger chunk of about 59.37% of that.

The stock has a current market capitalization of $4.12B and its 3Y-monthly beta is at 0.80. PE ratio of stock for trailing 12 months is 23.02, while it has posted earnings per share of $2.94 in the same period. Its PEG reads 3.83 and has Quick Ratio of 1.14 while making debt-to-equity ratio of 0.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GOLF, volatility over the week remained 3.82% while standing at 2.80% over the month.

Stock’s fiscal year EPS is expected to rise by 4.23% while it is estimated to increase by 12.93% in next year. EPS is likely to shrink at an annualized rate of 6.01% for next 5-years, compared to annual growth of 17.30% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on January 23, 2025 offering an Underweight rating for the stock and assigned a target price range of between $69 and $64 to it. Coverage by Jefferies stated Acushnet Holdings Corp (GOLF) stock as a Hold in their note to investors on September 17, 2024, suggesting a price target of $75 for the stock. On October 30, 2023, Compass Point Upgrade their recommendations, while on September 27, 2023, Morgan Stanley Resumed their ratings for the stock with a price target of $59. Stock get a Buy rating from Jefferies on August 21, 2023.

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