Acushnet (GOLF) Expected to Announce Earnings on Thursday

Acushnet (NYSE:GOLF) is expected to post 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 wish to listen to the company’s earnings conference call can do so using this link.

Acushnet Stock Up 2.2 %

GOLF opened at $67.55 on Wednesday. Acushnet has a 12 month low of $58.54 and a 12 month high of $76.65. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.10 and a quick ratio of 1.14. The stock has a market cap of $4.11 billion, a P/E ratio of 22.98 and a beta of 0.86. The stock’s 50 day moving average price is $69.23 and its 200 day moving average price is $67.63.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Truist Financial raised their target price on Acushnet from $65.00 to $68.00 and gave the company 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 lowered their price target for the company from $69.00 to $64.00 in a research report on Thursday, January 23rd.

About Acushnet

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.