Acushnet Holdings stock hits all-time high at 77.88 USD

Acushnet Holdings Corp (NYSE:GOLF), the parent company of the Titleist and FootJoy golf brands, has seen its stock reach an all-time high of 77.88 USD. The company, with a market capitalization of $4.57 billion, has demonstrated strong momentum with a 10.05% gain year-to-date and maintains a solid overall financial health score according to InvestingPro analysis. This milestone reflects growing investor confidence in the company’s performance and market position. Over the past year, Acushnet Holdings Corp’s stock has experienced a significant increase, with a 1-year change of 23.86%. Trading at a P/E ratio of 21.4, the stock appears slightly overvalued according to InvestingPro’s Fair Value analysis. Investors seeking deeper insights can access 12 additional ProTips and a comprehensive Pro Research Report, part of the extensive analysis available for over 1,400 US stocks on InvestingPro.

In other recent news, Acushnet Holdings Corp. reported its first-quarter 2025 financial results, exceeding analyst expectations with an earnings per share (EPS) of $1.62 against a forecast of $1.32. The company also surpassed revenue forecasts, reporting $703 million compared to the anticipated $697.38 million. Despite these strong earnings, Acushnet’s stock experienced a premarket decline of 1.4%. Following these results, Truist Securities adjusted its price target for Acushnet to $65, maintaining a Hold rating, while JPMorgan reduced its target to $57, keeping an Underweight rating. KeyBanc Capital Markets, however, raised its price target to $80, citing Acushnet’s resilience in the golf sector and effective tariff mitigation strategies. Acushnet’s management has not updated its full-year guidance due to uncertainties surrounding tariffs, projecting a $75 million gross tariff impact for 2025. Efforts are underway to mitigate more than half of this impact through strategic actions. Despite challenges, the company continues to show strength in its core golf equipment market, with notable sales growth in golf balls and clubs.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.