acushnet holdings corp - GOLF

GOLF

Close Chg Chg %
69.24 0.59 0.85%

Closed Market

69.83

+0.59 (0.85%)

Volume: 602.99K

Last Updated:

Dec 20, 2024, 3:59 PM EDT

Company Overview: acushnet holdings corp - GOLF

GOLF Key Data

Open

$68.50

Day Range

68.50 - 70.89

52 Week Range

58.54 - 76.59

Market Cap

$4.21B

Shares Outstanding

60.80M

Public Float

27.62M

Beta

0.89

Rev. Per Employee

N/A

P/E Ratio

23.54

EPS

$2.96

Yield

121.30%

Dividend

$0.22

EX-DIVIDEND DATE

Dec 6, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

276.88K

 

GOLF Performance

1 Week
 
-4.99%
 
1 Month
 
-2.83%
 
3 Months
 
10.34%
 
1 Year
 
10.79%
 
5 Years
 
113.43%
 

GOLF Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 9
Full Ratings ➔

About acushnet holdings corp - GOLF

Acushnet Holdings Corp. engages in the design, development, manufacture, and distribution of performance-driven golf products. It operates through the following segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, FootJoy Golf Wear, and Other. The Titleist Golf Balls segment is involved in the design and manufacture of golf balls. The Titleist Golf Clubs segment designs, assembles, and sells golf clubs such as drivers, fairways, hybrids, and irons. The Titleist Golf Gear segment offers golf bags, headwear, golf gloves, travel products, headcovers, and other golf accessories. The FootJoy Golf Wear segment includes golf shoes, gloves, and apparel. The company was founded by Phil Young in 1910 and is headquartered in Fairhaven, MA.

GOLF At a Glance

Acushnet Holdings Corp.
333 Bridge Street
Fairhaven, Massachusetts 02719-9998
Phone 1-800-225-8500 Revenue 2.38B
Industry Recreational Products Net Income 198.43M
Sector Consumer Durables 2023 Sales Growth 4.918%
Fiscal Year-end 12 / 2024 Employees 7,300
View SEC Filings

GOLF Valuation

P/E Current 23.536
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 21.494
Price to Sales Ratio 1.791
Price to Book Ratio 4.636
Price to Cash Flow Ratio 11.471
Enterprise Value to EBITDA 15.142
Enterprise Value to Sales 2.117
Total Debt to Enterprise Value 0.157

GOLF Efficiency

Revenue/Employee 326,300.685
Income Per Employee 27,182.055
Receivables Turnover 11.83
Total Asset Turnover 1.085

GOLF Liquidity

Current Ratio 2.209
Quick Ratio 0.845
Cash Ratio 0.145

GOLF Profitability

Gross Margin 51.692
Operating Margin 11.824
Pretax Margin 10.143
Net Margin 8.33
Return on Assets 9.039
Return on Equity 22.007
Return on Total Capital 11.966
Return on Invested Capital 12.717

GOLF Capital Structure

Total Debt to Total Equity 91.883
Total Debt to Total Capital 47.885
Total Debt to Total Assets 36.149
Long-Term Debt to Equity 86.223
Long-Term Debt to Total Capital 44.935
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Acushnet Holdings Corp - GOLF

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
1.61B 2.15B 2.27B 2.38B
Sales Growth
-4.12% +33.23% +5.70% +4.92%
Cost of Goods Sold (COGS) incl D&A
799.01M 1.03B 1.11B 1.15B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
45.43M 41.24M 41.71M 51.36M
Depreciation
33.80M 33.38M 33.82M 37.13M
Amortization of Intangibles
11.63M 7.87M 7.88M 14.22M
COGS Growth
-3.16% +29.40% +7.24% +3.78%
Gross Income
813.16M 1.11B 1.16B 1.23B
Gross Income Growth
-5.04% +36.99% +4.27% +6.01%
Gross Profit Margin
+50.44% +51.86% +51.16% +51.69%
2020 2021 2022 2023 5-year trend
SG&A Expense
661.24M 849.04M 880.91M 949.65M
Research & Development
48.94M 55.34M 56.39M 64.84M
Other SG&A
612.30M 793.71M 824.51M 884.81M
SGA Growth
-2.59% +28.40% +3.75% +7.80%
Other Operating Expense
- - - -
-
Unusual Expense
23.56M 3.31M (12.83M) (8.34M)
EBIT after Unusual Expense
128.37M 261.64M 293.43M 290.00M
Non Operating Income/Expense
(2.52M) (7.09M) (19.99M) (4.76M)
Non-Operating Interest Income
484.00K 590.00K 743.00K 1.65M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
12.80M 6.73M 14.01M 43.63M
Interest Expense Growth
-34.29% -47.41% +108.20% +211.38%
Gross Interest Expense
12.80M 6.73M 14.01M 43.63M
Interest Capitalized
- - - -
-
Pretax Income
113.05M 247.82M 259.44M 241.60M
Pretax Income Growth
-31.55% +119.22% +4.69% -6.87%
Pretax Margin
+7.01% +11.54% +11.43% +10.14%
Income Tax
13.04M 63.58M 54.35M 42.99M
Income Tax - Current - Domestic
(7.46M) 2.82M 2.75M 9.70M
Income Tax - Current - Foreign
24.48M 48.74M 42.54M 17.88M
Income Tax - Deferred - Domestic
(3.78M) 17.30M 10.12M 6.63M
Income Tax - Deferred - Foreign
(207.00K) (5.28M) (1.06M) 8.79M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
100.01M 184.24M 205.08M 198.61M
Minority Interest Expense
4.00M 5.37M 5.81M 178.00K
Net Income
96.01M 178.87M 199.28M 198.43M
Net Income Growth
-20.70% +86.31% +11.41% -0.43%
Net Margin Growth
+5.96% +8.33% +8.78% +8.33%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
96.01M 178.87M 199.28M 198.43M
Preferred Dividends
- - - -
-
Net Income Available to Common
96.01M 178.87M 199.28M 198.43M
EPS (Basic)
1.2888 2.3998 2.7693 2.9588
EPS (Basic) Growth
-19.72% +86.20% +15.40% +6.84%
Basic Shares Outstanding
74.49M 74.54M 71.96M 67.06M
EPS (Diluted)
1.279 2.3766 2.7464 2.9389
EPS (Diluted) Growth
-19.97% +85.82% +15.56% +7.01%
Diluted Shares Outstanding
75.06M 75.27M 72.56M 67.52M
EBITDA
197.35M 306.19M 322.31M 333.01M
EBITDA Growth
-10.49% +55.15% +5.26% +3.32%
EBITDA Margin
+12.24% +14.26% +14.20% +13.98%

Snapshot

Average Recommendation HOLD Average Target Price 73.00
Number of Ratings 9 Current Quarters Estimate -0.324
FY Report Date 12 / 2024 Current Year's Estimate 3.067
Last Quarter’s Earnings 0.89 Median PE on CY Estimate N/A
Year Ago Earnings 2.94 Next Fiscal Year Estimate 3.544
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 7 5 7 7
Mean Estimate -0.32 1.51 3.07 3.54
High Estimates -0.23 1.57 3.17 4.00
Low Estimate -0.44 1.44 2.94 3.36
Coefficient of Variance -20.21 3.89 2.47 6.32

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 2
OVERWEIGHT 0 0 0
HOLD 8 8 7
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Acushnet Holdings Corp - GOLF

Date Name Shares Transaction Value
Aug 23, 2024 Gregory Hewett Director 39,504 Bona fide gift 0.00
Jul 12, 2024 FILA Holdings Corp. Director 32,522,966 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $63.83 per share 2,075,940,919.78
Jun 26, 2024 Stephen H. Tishman Director 37,504 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $65.26 per share 2,447,511.04
Jun 26, 2024 Mary Louise Bohn President-Titleist Golf Balls 177,652 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $65.26 per share 11,593,569.52
Jun 26, 2024 David E. Maher President and CEO; Director 828,824 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $65.26 per share 54,089,054.24
Jun 26, 2024 Jan Singer Director 9,368 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $65.26 per share 611,355.68
Jun 26, 2024 Yoon-Soo Yoon Director 42,120 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $65.26 per share 2,748,751.20
Jun 26, 2024 Roland A. Giroux See Remarks 46,055 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $65.26 per share 3,005,549.30
Jun 6, 2024 Chris Lindner President - FootJoy 93,710 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $65.52 per share 6,139,879.20
Jun 6, 2024 Leanne Dean Cunningham Director 5,013 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $66.1 per share 331,359.30
Jun 6, 2024 Ho Yeon Lee Director 7,331 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $66.1 per share 484,579.10
Jun 5, 2024 Sean Stephen Sullivan Executive Vice President, CFO 102,496 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $65.9 per share 6,754,486.40
Mar 12, 2024 John Francis Duke President-Titleist Golf Gear 130,472 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $64.17 per share 8,372,388.24
Mar 12, 2024 John Francis Duke President-Titleist Golf Gear 143,372 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $64.78 per share 9,287,638.16
Mar 8, 2024 Chris Lindner President - FootJoy 103,854 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $65.5 per share 6,802,437.00
Mar 8, 2024 David Maher President and CEO; Director 824,979 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $65.5 per share 54,036,124.50
Mar 8, 2024 David Maher President and CEO; Director 824,038 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $65.5 per share 53,974,489.00
Mar 8, 2024 Mary Louise Bohn President-Titleist Golf Balls 180,389 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 8, 2024 Mary Louise Bohn President-Titleist Golf Balls 179,677 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $65.5 per share 11,768,843.50
Mar 8, 2024 Steven Pelisek President-Titleist Golf Clubs 113,752 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Acushnet Holdings Corp in the News