Acushnet Holdings Corp [GOLF] stock is trading at $67.34, up 1.85%. An important factor to consider is whether the stock is rising or falling in short-term value. The GOLF shares have gain 1.63% over the last week, with a monthly amount glided 0.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Acushnet Holdings Corp [NYSE: GOLF] stock has seen the most recent analyst activity on January 23, 2025, when JP Morgan downgraded its rating to a Underweight and also revised its price target to $64 from $69. Previously, Jefferies downgraded its rating to Hold on September 17, 2024, and dropped its price target to $75. On October 30, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $60 on the stock. Jefferies upgraded its rating to a Buy and raised its price target to $84 on August 21, 2023. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on April 19, 2023, and assigned it a price target of $57. In a note dated March 14, 2023, Tigress Financial upgraded an Buy rating on this stock and boosted its target price from $50 to $62.
Acushnet Holdings Corp [GOLF] stock has fluctuated between $58.54 and $76.65 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 $67.34 at the most recent close of the market. An investor can expect a potential drop of -21.78% based on the average GOLF price forecast.
Analyzing the GOLF fundamentals
Acushnet Holdings Corp [NYSE:GOLF] reported sales of 2.42B for the trailing twelve months, which represents a growth of 4.57%. 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 66.19 points at the first support level, and at 65.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.19, and for the 2nd resistance point, it is at 69.04.
Ratios To Look Out For
For context, Acushnet Holdings Corp’s Current Ratio is 2.10. On the other hand, the Quick Ratio is 1.14, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 4.81 and price to earnings (TTM) ratio is 22.89.
Transactions by insiders
Recent insider trading involved Lindner Christopher Aaron, President – FootJoy, that happened on Nov 25 ’24 when 5000.0 shares were sold. Officer, Lindner Christopher Aaron completed a deal on Nov 25 ’24 to buy 5000.0 shares. Meanwhile, President and CEO Maher David Eugene sold 13936.0 shares on Nov 13 ’24.
