Acushnet (GOLF) Expected to Announce Quarterly Earnings on Thursday

Acushnet (NYSE:GOLF) is expected to be releasing its earnings data 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. Persons interested in registering for the company’s earnings conference call can do so using this link.

Acushnet Stock Performance

NYSE:GOLF opened at $66.15 on Tuesday. The stock has a 50-day simple moving average of $69.34 and a two-hundred day simple moving average of $67.63. Acushnet has a 52-week low of $58.54 and a 52-week high of $76.65. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.14 and a current ratio of 2.10. The firm has a market capitalization of $4.02 billion, a PE ratio of 22.50 and a beta of 0.86.

Analysts Set New Price Targets

GOLF has been the topic of several research analyst reports. Truist Financial boosted their price objective 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. downgraded Acushnet from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $69.00 to $64.00 in a research report on Thursday, January 23rd.

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.