Acushnet Holdings Corp. (GOLF) Getting Somewhat Favorable News Coverage, Study Shows

Media headlines about Acushnet Holdings Corp. (NYSE:GOLF) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Acushnet Holdings Corp. earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.2467480300236 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

GOLF has been the topic of several recent analyst reports. Roth Capital downgraded Acushnet Holdings Corp. from a “buy” rating to a “neutral” rating and set a $20.00 target price on the stock. in a research note on Monday, August 7th. DA Davidson cut Acushnet Holdings Corp. from a “buy” rating to a “neutral” rating and upped their target price for the stock from $17.00 to $23.00 in a report on Friday, August 11th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $21.65.

Shares of Acushnet Holdings Corp. (NYSE:GOLF) traded down 0.60% during mid-day trading on Monday, reaching $18.20. The company’s stock had a trading volume of 164,205 shares. The firm has a 50-day moving average of $17.34 and a 200-day moving average of $18.19. The firm has a market capitalization of $1.36 billion and a PE ratio of 19.12. Acushnet Holdings Corp. has a 52 week low of $15.16 and a 52 week high of $22.31.

ILLEGAL ACTIVITY WARNING: This news story was reported by Transcript Daily and is the property of of Transcript Daily. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://transcriptdaily.com/2017/10/23/acushnet-holdings-corp-golf-getting-somewhat-favorable-news-coverage-study-shows.html.

Acushnet Holdings Corp. Company Profile

Acushnet Holdings Corp. is engaged in the design, development, manufacture and distribution of golf products. The Company is engaged in various product categories, such as golf clubs, wedges, putters, golf gloves, golf gear and golf wear. The Company operates in four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear and FootJoy Golf Wear.

Insider Buying and Selling by Quarter for Acushnet Holdings Corp. (NYSE:GOLF)

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

Leave a Reply