(GOLF) Acushnet Holdings - Ratings and Ratios

Acushnet Holdings Corp is a leading designer, developer, and distributor of high-performance golf products globally, operating through its three primary segments: Titleist Golf Equipment, FootJoy Golf Wear, and Golf Wear. The companys product portfolio encompasses a wide range of golf equipment, apparel, and accessories under renowned brands such as Titleist, Vokey Design, Scotty Cameron, FootJoy, Club Glove, Links & Kings, and KJUS. With a rich history dating back to 1910, Acushnet Holdings Corp has established itself as a premium brand in the golf industry, known for its commitment to quality, innovation, and customer satisfaction.

The companys diverse product offerings cater to the needs of golf enthusiasts across various demographics and skill levels. Titleist Golf Equipment is a benchmark for high-quality golf clubs, while FootJoy Golf Wear is a leading brand in golf apparel and footwear. The companys golf wear segment offers a range of stylish and functional clothing and accessories, making it a one-stop-shop for golfers seeking premium golf products. Acushnet Holdings Corps products are sold through a variety of channels, including on-course golf shops, golf specialty retailers, representatives, and online platforms, ensuring broad accessibility to its products.

From a market perspective, Acushnet Holdings Corp operates in the leisure products sub-industry, which is characterized by a growing demand for premium golf products. The companys strong brand portfolio, coupled with its commitment to innovation and quality, positions it well for long-term growth. With a market capitalization of $4.01 billion and a forward P/E ratio of 19.96, the company is attractively valued relative to its earnings growth prospects. The return on equity (RoE) of 27.61% indicates a strong ability to generate profits from shareholder equity.

Analyzing the technical data, the stock has shown a positive trend, with the short-term SMA20 (69.93) and long-term SMA200 (66.62) indicating a bullish crossover. The current price of $72.40 is near the 52-week high of $75.27, suggesting a strong upward momentum. The ATR of 1.97 (2.73%) indicates moderate volatility. Based on the fundamental and technical data, a forecast for GOLF stock could be: the stock is likely to continue its upward trend, driven by the companys strong brand portfolio and growing demand for premium golf products. A potential target price could be around $80, representing a 10% upside from current levels, assuming the company continues to deliver strong earnings growth and the overall market sentiment remains positive.