Acushnet (GOLF) Projected to Post Earnings on Thursday

Acushnet (NYSE:GOLF) is projected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.33) per share and revenue of $454.83 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Acushnet Price Performance

GOLF stock opened at $66.15 on Tuesday. The firm has a 50 day moving average of $69.34 and a 200-day moving average of $67.63. The company has a current ratio of 2.10, a quick ratio of 1.14 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $4.02 billion, a P/E ratio of 22.50 and a beta of 0.86. Acushnet has a 12 month low of $58.54 and a 12 month high of $76.65.

Analysts Set New Price Targets

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

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.