Acushnet Holdings Corp. (NYSE:GOLF) shares traded higher over the last trading session, gaining 0.85% on 02/12/21. The shares fell to a low of $45.555 before closing at $46.40. Intraday shares traded counted 0.19 million, which was 11.19% higher than its 30-day average trading volume of 211.65K. GOLF’s previous close was $46.01 while the outstanding shares total 74.45M. The firm has a beta of 0.87, a 12-month trailing P/E ratio of 37.79, and a growth ratio of 7.56. The stock’s Relative Strength Index (RSI) is 69.89, with weekly volatility at 2.58% and ATR at 1.23. The GOLF stock’s 52-week price range has touched low of $20.65 and a $47.67 high.
Investors have identified the Leisure company Acushnet Holdings Corp. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.42 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Acushnet Holdings Corp. (GOLF) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For GOLF, the company has in raw cash 112.6 million on their books with 57.94 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 787.1 million total, with 363.15 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.77 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GOLF sounds very interesting.
Is the stock of GOLF attractive?
In related news, President-Titleist Golf Gear, Duke John Francis JR sold 20,000 shares of the company’s stock in a transaction that recorded on Aug 11. The sale was performed at an average price of 35.64, for a total value of 712,800. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.00%.
2 out of 8 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Acushnet Holdings Corp.. 1 analysts has assigned a Sell rating on the GOLF stock. The 12-month mean consensus price target for the company’s shares has been set at $39.71.