Acushnet (GOLF) Expected to Announce Earnings on Thursday

Acushnet (NYSE:GOLF) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Acushnet to post earnings of ($0.33) per share and revenue of $454.83 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Acushnet Stock Performance

Shares of Acushnet stock opened at $67.55 on Wednesday. The stock has a market cap of $4.11 billion, a PE ratio of 22.98 and a beta of 0.86. The business has a fifty day simple moving average of $69.23 and a 200-day simple moving average of $67.63. The company has a quick ratio of 1.14, a current ratio of 2.10 and a debt-to-equity ratio of 0.79. Acushnet has a 12 month low of $58.54 and a 12 month high of $76.65.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Truist Financial raised their target price on Acushnet from $65.00 to $68.00 and gave the stock a “hold” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. cut Acushnet from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $69.00 to $64.00 in a research report on Thursday, January 23rd.

Acushnet Company Profile

Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Africa, Japan, Korea, and internationally. The company operates through four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, and FootJoy Golf Wear.