Acushnet Holdings Corp (NYSE:GOLF) shares, rose in value on Friday, June 20, with the stock price down by -0.28% to the previous day’s close as strong demand from buyers drove the stock to $71.22.
Actively observing the price movement in the last trading, the stock closed the session at $71.42. The PE ratio was 19.78 over 12-month period. Referring to stock’s 52-week performance, its high was $76.65, and the low was $55.31. On the whole, GOLF has fluctuated by -0.78% over the past month.
With the market capitalization of Acushnet Holdings Corp currently standing at about $4.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07. The company’s Forward Dividend Ratio is 0.90, with its dividend yield at 1.26%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.5B, with a low estimate of 706.7M and a high estimate of 724M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 713.7M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GOLF’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 5.32, with the price of GOLF currently trading nearly 1.06% and 5.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.11, while the 7-day volatility ratio is showing 2.19% which for the 30-day chart, stands at 1.77%. Furthermore, Acushnet Holdings Corp (GOLF)’s beta value is 0.85, and its average true range (ATR) is 1.90.
A comparison of Acushnet Holdings Corp (GOLF) with its peers suggests the former has fared considerably weaker in the market. GOLF showed an intraday change of -0.28% in last session, and over the past year, it grew by 10.09%%.
Data on historical trading for Acushnet Holdings Corp (NYSE:GOLF) indicates that the trading volumes over the past 3 months, they’ve averaged 465.10K. According to company’s latest data on outstanding shares, there are 59.44 million shares outstanding.
Nearly 53.29% of Acushnet Holdings Corp’s shares belong to company insiders and institutional investors own 65.16% of the company’s shares. The stock has risen by 0.20% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GOLF stock heading into the next quarter.
