Acushnet Holdings (GOLF) AI Stock Analysis

• Market Cap: $4.96B
• Dividend Yield: 1.17%
• Average Volume (3M): 305.81K
• Price to Earnings (P/E): 23.1
• Beta (1Y): 0.87
• Revenue Growth: 4.20%
• EPS Growth: 24.12%
• Country: US
• Employees: 7,300
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 0.81
• Shares Outstanding: 58,661,327
• 10 Day Avg. Volume: 329,373
• 30 Day Avg. Volume: 305,810
• PEG Ratio: 1.48
• Price to Book (P/B): 5.88
• Price to Sales (P/S): 1.83
• P/FCF Ratio: 26.41
• Enterprise Value/Market Cap: 1.12
• Enterprise Value/Revenue: 2.19
• Enterprise Value/Gross Profit: 4.98
• Enterprise Value/Ebitda: 14.36
• 1Y Price Target: $79.67
• Price Target Upside: -5.27% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 3
• EPS Forecast (FY): 3.42
• Revenue Forecast (FY): $2.53B

• Rating: 68 Neutral
• Price Target: $85.00 ▲(1.07% Upside)

Acushnet Holdings' overall stock score is driven by strong financial performance, particularly in revenue growth and cash generation. However, challenges with profitability margins and increased leverage weigh on the score. The earnings call provided positive guidance, but technical indicators suggest potential short-term weakness. The valuation is moderate, offering a reasonable entry point for investors.

Positive Factors

Revenue Growth

Acushnet's consistent revenue growth, driven by strong demand for Titleist products, indicates a robust market position and effective sales strategy.

Product Innovation

Continuous product innovation with new launches strengthens Acushnet's competitive edge and aligns with consumer demand, supporting long-term growth.

EMEA Market Expansion

Strong growth in the EMEA region reflects successful market expansion and adaptation to local conditions, enhancing global revenue diversification.

Negative Factors

Gross Margin Pressure

Declining gross margins from increased tariff costs could pressure profitability, challenging Acushnet's cost management and pricing strategies.

Increased Debt Levels

Rising debt levels may strain financial flexibility and increase interest expenses, potentially impacting future investment and growth opportunities.

Japan Market Challenges

Weak performance in Japan highlights regional market challenges, which could hinder overall growth if not addressed through strategic adjustments.

Acushnet Holdings Business Overview & Revenue Model

Company Description

Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Africa, Japan, Korea, and internationally. The company operates through four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, and FootJoy Golf Wear. It offers golf balls under the Titleist brand; golf clubs, such as drivers, fairways, hybrids, and irons under the Titleist brand name; wedges under the Vokey Design brand; and putters under the Scotty Cameron brand. The company also provides golf bags, headwear, golf gloves, travel products, head covers, and other golf accessories, as well as offers customization and personalization of products in Titleist golf gear. In addition, it offers golf shoes, gloves, golf outerwear, and men's and women's golf apparels under the FootJoy brand; and ski, golf, and lifestyle apparels under the KJUS brand name. It sells its products through on-course golf shops and golf specialty retailers, as well as through representatives, other retailers, and online. The company was formerly known as Alexandria Holdings Corp. and changed its name to Acushnet Holdings Corp. in March 2016. Acushnet Holdings Corp. was founded in 1910 and is headquartered in Fairhaven, Massachusetts.

How the Company Makes Money

Acushnet generates revenue primarily through the sale of golf equipment and apparel under its flagship brands. The Golf Equipment segment, which includes golf balls, clubs, and accessories, constitutes a significant portion of its revenue, with Titleist being a market leader in golf balls. The Footwear/Apparel segment, led by the FootJoy brand, contributes additional revenue through the sale of golf shoes, gloves, and related apparel. The company benefits from a strong brand loyalty among golfers, which drives repeat purchases. Additionally, Acushnet engages in partnerships with professional golfers and tournaments, enhancing brand visibility and credibility. Its diverse distribution channels, including direct-to-consumer sales and partnerships with golf retailers, further amplify its revenue streams.

Acushnet Holdings Financial Statement Overview

Summary

Acushnet Holdings shows strong revenue growth and cash generation capabilities, but faces challenges with profitability margins and increased leverage. The company needs to address cost management and leverage to maintain financial stability and capitalize on growth opportunities in the leisure industry.

Income Statement

Acushnet Holdings has demonstrated strong revenue growth, particularly in the TTM period, with a remarkable increase of over 83,000%. Gross profit margins have remained stable around 48-52%, indicating consistent profitability. However, net profit margins are extremely low in the TTM period, suggesting potential issues with cost management or extraordinary expenses. EBIT and EBITDA margins have also decreased significantly in the TTM period, which could be a concern if not addressed.

Balance Sheet

The company's debt-to-equity ratio has increased over time, reaching 1.06 in the TTM period, indicating higher leverage. This could pose a risk if interest rates rise or if the company faces cash flow challenges. Return on equity has decreased significantly in the TTM period, reflecting lower profitability relative to equity. However, the equity ratio remains stable, suggesting a balanced asset structure.

Cash Flow

Acushnet Holdings has shown impressive free cash flow growth in the TTM period, indicating strong cash generation capabilities. However, the operating cash flow to net income ratio has decreased, suggesting potential inefficiencies in converting income to cash. The free cash flow to net income ratio remains healthy, indicating that the company is generating sufficient cash relative to its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.53B	2.46B	2.38B	2.27B	2.15B	1.61B
Gross Profit	1.11B	1.19B	1.25B	1.18B	1.12B	829.84M
EBITDA	385.72M	360.27M	336.59M	315.15M	295.80M	171.27M
Net Income	222.33M	214.30M	198.43M	199.28M	178.87M	96.01M
Balance Sheet
Total Assets	2.35B	2.18B	2.20B	2.19B	2.01B	1.87B
Cash, Cash Equivalents and Short-Term Investments	89.48M	53.06M	65.44M	58.90M	281.68M	151.45M
Total Debt	901.73M	763.96M	701.17M	567.85M	314.97M	333.93M
Total Liabilities	1.50B	1.38B	1.28B	1.21B	922.27M	849.18M
Stockholders Equity	852.27M	765.25M	864.24M	939.06M	1.04B	984.08M
Cash Flow
Free Cash Flow	110.14M	170.48M	271.23M	-194.15M	276.52M	239.75M
Operating Cash Flow	193.59M	245.11M	371.83M	-67.79M	314.12M	264.43M
Investing Cash Flow	-83.45M	-74.62M	-101.49M	-140.22M	-37.60M	-24.68M
Financing Cash Flow	-118.23M	-179.68M	-264.73M	-8.58M	-140.33M	-128.59M

Acushnet Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 84.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GOLF, the sentiment is Positive. The current price of 84.1 is above the 20-day moving average (MA) of 79.75, above the 50-day MA of 79.36, and above the 200-day MA of 72.97, indicating a bullish trend. The MACD of 1.11 indicates Negative momentum. The RSI at 63.37 is Neutral, neither overbought nor oversold. The STOCH value of 80.24 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GOLF.

Acushnet Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOLF	68 Neutral	$4.96B	23.11	25.91%	1.17%	4.20%	24.12%
JOUT	64 Neutral	$421.89M	―	-8.33%	3.22%	-3.56%	-407.47%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MODG	55 Neutral	$2.37B	―	-46.95%	―	-3.58%	-12720.97%
NWTG	44 Neutral	$6.13M	-0.05	-383.63%	―	178.32%	70.79%

Acushnet Holdings Corporate Events

Acushnet Holdings Reports Strong Q3 2025 Results

Acushnet Holdings Corp., a leader in the golf industry, specializes in the design, development, manufacture, and distribution of performance-driven golf products, including the renowned Titleist and FootJoy brands.

Acushnet Holdings Reports Positive Q2 Earnings Call

The recent earnings call of Acushnet Holdings was marked by an overall positive sentiment, driven by significant sales growth in the Golf Equipment segment and robust regional performance in the U.S. and EMEA. Despite challenges such as a decline in FootJoy sales and the impact of tariffs, the company remains optimistic due to strong market fundamentals and active consumer engagement.

Acushnet Holdings Reports Strong Q2 2025 Earnings

Acushnet Holdings Corp., a leader in the golf industry, specializes in the design, development, manufacture, and distribution of performance-driven golf products, including renowned brands Titleist and FootJoy.