Acushnet Holdings Corp [GOLF] stock is trading at $71.01, up 12.16%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GOLF shares have gain 15.84% over the last week, with a monthly amount glided 11.88%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Acushnet Holdings Corp [NYSE: GOLF] stock has seen the most recent analyst activity on September 17, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $75 from $86. Previously, Compass Point upgraded its rating to Buy on October 30, 2023, and kept the price target unchanged to $60. Jefferies upgraded its rating to a Buy and increased its price target to $84 on August 21, 2023. KeyBanc Capital Markets initiated its recommendation with a Overweight and recommended $57 as its price target on April 19, 2023. Tigress Financial upgraded its rating to Buy for this stock on March 14, 2023, and upped its price target to $62. In a note dated March 14, 2023, Compass Point downgraded an Neutral rating on this stock but restated the target price of $55.
Acushnet Holdings Corp [GOLF] stock has fluctuated between $53.68 and $74.77 over the past year. Currently, Wall Street analysts expect the stock to reach $52.67 within the next 12 months. Acushnet Holdings Corp [NYSE: GOLF] shares were valued at $71.01 at the most recent close of the market. An investor can expect a potential drop of -25.83% based on the average GOLF price forecast.
Analyzing the GOLF fundamentals
Acushnet Holdings Corp [NYSE:GOLF] reported sales of 2.40B for the trailing twelve months, which represents a drop of -0.80%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.22 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.85.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 68.12 points at the first support level, and at 65.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.14, and for the 2nd resistance point, it is at 79.27.
Ratios To Look Out For
For context, Acushnet Holdings Corp’s Current Ratio is 2.28. Also, the Quick Ratio is 1.27, while the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 1.83, the price to book ratio is 5.16 and price to earnings (TTM) ratio is 24.46.
Transactions by insiders
Recent insider trading involved FILA Holdings Corp., Director, that happened on Aug 09 ’24 when 1.11 million shares were sold. Director, Lee Ho Yeon (Aaron) completed a deal on Aug 09 ’24 to sell 1.11 million shares. Meanwhile, Director Yoon Keun Chang Kevin sold 1.11 million shares on Aug 09 ’24.
