Equities research analysts expect that Acushnet Holdings Corp (NYSE:GOLF) will announce earnings of $0.54 per share for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have issued estimates for Acushnet Holdings Corp’s earnings, with the lowest EPS estimate coming in at $0.52 and the highest estimate coming in at $0.57. The firm is expected to issue its next quarterly earnings report on Friday, August 11th.
According to Zacks, analysts expect that Acushnet Holdings Corp will report full year earnings of $1.20 per share for the current fiscal year, with EPS estimates ranging from $1.11 to $1.27. For the next fiscal year, analysts expect that the business will post earnings of $1.27 per share, with EPS estimates ranging from $1.15 to $1.33. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Acushnet Holdings Corp.
Separately, Forward View restated a “hold” rating on shares of Acushnet Holdings Corp in a research note on Wednesday, February 1st. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Acushnet Holdings Corp has an average rating of “Buy” and a consensus price target of $21.95.
Acushnet Holdings Corp (NYSE:GOLF) traded down 0.95% during trading on Tuesday, hitting $18.80. 198,012 shares of the stock traded hands. The stock has a market cap of $1.40 billion and a PE ratio of 22.22. The company has a 50-day moving average price of $18.31 and a 200 day moving average price of $18.55. Acushnet Holdings Corp has a one year low of $16.84 and a one year high of $22.31.
About Acushnet Holdings Corp
Acushnet Holdings Corp. is engaged in the design, development, manufacture and distribution of golf products. The Company is engaged in various product categories, such as golf clubs, wedges, putters, golf gloves, golf gear and golf wear. The Company operates in four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear and FootJoy Golf Wear.
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