Roth Capital Comments on Acushnet Holdings Corp.’s Q1 2025 Earnings (NYSE:GOLF)

Acushnet Holdings Corp. (NYSE:GOLFFree Report) – Investment analysts at Roth Capital issued their Q1 2025 earnings per share (EPS) estimates for Acushnet in a research report issued to clients and investors on Tuesday, May 7th. Roth Capital analyst G. Kelly anticipates that the company will post earnings per share of $1.50 for the quarter. The consensus estimate for Acushnet’s current full-year earnings is $3.17 per share. Roth Capital also issued estimates for Acushnet’s FY2025 earnings at $3.34 EPS.

Acushnet (NYSE:GOLFGet Free Report) last issued its earnings results on Thursday, February 29th. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.03). Acushnet had a net margin of 8.33% and a return on equity of 20.09%. The firm had revenue of $413.00 million during the quarter, compared to analyst estimates of $429.16 million. The company’s quarterly revenue was down 7.7% compared to the same quarter last year.

Other research analysts have also issued reports about the company. KeyCorp raised their price objective on Acushnet from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Friday, January 12th. Truist Financial raised their price objective on Acushnet from $62.00 to $63.00 and gave the company a “hold” rating in a research report on Wednesday. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $66.86.

View Our Latest Research Report on Acushnet

Acushnet Trading Down 3.7 %

NYSE:GOLF opened at $62.99 on Thursday. The business’s 50-day moving average is $63.38 and its two-hundred day moving average is $61.81. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.21 and a quick ratio of 0.84. Acushnet has a 12 month low of $43.62 and a 12 month high of $70.10. The firm has a market capitalization of $3.99 billion, a PE ratio of 21.80 and a beta of 0.88.

Acushnet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Friday, June 7th will be issued a dividend of $0.215 per share. The ex-dividend date is Friday, June 7th. This represents a $0.86 annualized dividend and a yield of 1.37%. Acushnet’s payout ratio is 29.76%.

Insider Buying and Selling

In other Acushnet news, insider Brendan J. Reidy sold 9,000 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $64.49, for a total value of $580,410.00. Following the transaction, the insider now owns 58,588 shares of the company’s stock, valued at $3,778,340.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Acushnet news, insider John Francis Duke, Jr. sold 17,000 shares of the company’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $64.32, for a total value of $1,093,440.00. Following the transaction, the insider now owns 130,472 shares of the company’s stock, valued at $8,391,959.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Brendan J. Reidy sold 9,000 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $64.49, for a total value of $580,410.00. Following the completion of the transaction, the insider now directly owns 58,588 shares in the company, valued at approximately $3,778,340.12. The disclosure for this sale can be found here. 54.60% of the stock is owned by corporate insiders.

Institutional Trading of Acushnet

Several large investors have recently added to or reduced their stakes in the company. Federated Hermes Inc. acquired a new position in Acushnet during the fourth quarter worth $32,000. Gladius Capital Management LP acquired a new stake in shares of Acushnet in the fourth quarter valued at about $37,000. Principal Securities Inc. acquired a new stake in shares of Acushnet in the fourth quarter valued at about $37,000. TFO Wealth Partners LLC grew its position in shares of Acushnet by 64,500.0% in the fourth quarter. TFO Wealth Partners LLC now owns 646 shares of the company’s stock valued at $410,000 after purchasing an additional 645 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its position in shares of Acushnet by 43.3% in the third quarter. First Horizon Advisors Inc. now owns 711 shares of the company’s stock valued at $38,000 after purchasing an additional 215 shares during the last quarter. 53.12% of the stock is owned by institutional investors and hedge funds.

Acushnet Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Acushnet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acushnet and related companies with MarketBeat.com's FREE daily email newsletter.