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

Acushnet Holdings Corp. (NYSE:GOLFFree Report) – Equities research analysts at Roth Capital issued their Q1 2025 earnings estimates for shares of Acushnet in a report released on Tuesday, May 7th. Roth Capital analyst G. Kelly forecasts that the company will post earnings of $1.50 per share 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.

A number of other equities research analysts have also recently issued reports on the stock. Truist Financial upped their target price on shares of Acushnet from $62.00 to $63.00 and gave the company a “hold” rating in a report on Wednesday. KeyCorp upped their target price on shares of Acushnet from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Friday, January 12th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Acushnet has an average rating of “Moderate Buy” and a consensus price target of $66.86.

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Acushnet Stock Down 3.7 %

Shares of GOLF stock opened at $62.99 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.84 and a current ratio of 2.21. The firm’s 50-day moving average is $63.38 and its 200-day moving average is $61.81. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 21.80 and a beta of 0.88. Acushnet has a 52-week low of $43.62 and a 52-week high of $70.10.

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

Acushnet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Friday, June 7th will be paid a $0.215 dividend. The ex-dividend date is Friday, June 7th. This represents a $0.86 dividend on an annualized basis and a yield of 1.37%. Acushnet’s dividend payout ratio (DPR) is currently 29.76%.

Insider Activity at Acushnet

In related news, insider Brendan J. Reidy sold 9,000 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were 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 in the company, valued at approximately $3,778,340.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Acushnet news, insider John Francis Duke, Jr. sold 17,000 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $64.32, for a total transaction of $1,093,440.00. Following the transaction, the insider now owns 130,472 shares in the company, valued at approximately $8,391,959.04. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Brendan J. Reidy sold 9,000 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $64.49, for a total transaction of $580,410.00. Following the transaction, the insider now 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 company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Federated Hermes Inc. acquired a new position in shares of Acushnet during the 4th quarter worth approximately $32,000. Gladius Capital Management LP acquired a new stake in shares of Acushnet during the 4th quarter worth approximately $37,000. Principal Securities Inc. acquired a new stake in shares of Acushnet during the 4th quarter worth approximately $37,000. First Horizon Advisors Inc. boosted its position in shares of Acushnet by 43.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 711 shares of the company’s stock worth $38,000 after acquiring an additional 215 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of Acushnet by 101.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,159 shares of the company’s stock worth $76,000 after acquiring an additional 585 shares in the last quarter. Institutional investors and hedge funds own 53.12% of the company’s stock.

Acushnet Company Profile

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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.

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