Acushnet Holdings Intrinsic Value – Compass Point Upgrades Acushnet Holdings Corp to ‘Buy’ Rating
December 28, 2023
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Acushnet Holdings ($NYSE:GOLF) Corp, a leading global golf company, has received an upgrade from Knox Daily according to Compass Point. The company has been upgraded to a ‘Buy’ rating from its previous ‘Neutral’ rating. Acushnet Holdings Corp is an international leader in golf innovation and holds the game’s most prestigious clubs and golf balls. With a strong portfolio of brands including Titleist and FootJoy, the company offers products to golfers of all skill levels. It also owns Scotty Cameron Putters, Vokey Design Wedges, Pinnacle Golf Balls and other golf-related products and accessories.
The company has consistently innovated to offer the best quality products for golfers around the world, and its commitment to continuous improvement has been recognized by the industry. The upgrade to a ‘Buy’ rating from Knox Daily marks a renewed confidence in Acushnet Holdings Corp’s future prospects. Investors should take note of this upgrade as it signifies potential long-term growth of the company. With its commitment to innovation and quality, Acushnet Holdings Corp is well-positioned to remain a leader in the golf industry for many years to come.
Market Price
On Tuesday, Compass Point upgraded its rating on Acushnet Holdings Corp stock from a ‘Hold’ to a ‘Buy’, sending the stock price up 1.3% from its previous closing price of 63.1 closing at 63.9. This was a positive development for the company, as it shows that the analysts are confident in the future of the company, and that they believe that the stock is a good investment. With this upgrade, Acushnet Holdings Corp can now look forward to further growth and development in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Acushnet Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 2.42k | 225.18 | 9.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Acushnet Holdings. More…
| Operations | Investing | Financing |
| 288.19 | -179.68 | -163.17 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Acushnet Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.21k | 1.24k | 13.95 |
Key Ratios Snapshot
Some of the financial key ratios for Acushnet Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.7% | 26.2% | 13.1% |
| FCF Margin | ROE | ROA |
| 5.3% | 20.4% | 9.0% |
Analysis – Acushnet Holdings Intrinsic Value
At GoodWhale, we recently conducted an analysis of ACUSHNET HOLDINGS‘s financials. By running our proprietary Valuation Line, we determined that the fair value of ACUSHNET HOLDINGS share is $57.2. However, the current stock price is traded at $63.9, indicating that the stock is being traded at a fair price that is overvalued by 11.6%. It is important to note that stock prices are highly volatile and can change quickly, so investors should take caution when making decisions about buying or selling this stock. More…
Peers
The competition between Acushnet Holdings Corp and its competitors is fierce. Callaway Golf Co, Vista Outdoor Inc, City Sports And Recreation PCL are all vying for a piece of the golf market share. Each company has its own unique selling points and it is up to the consumer to decide which brand they want to support.
– Callaway Golf Co ($NYSE:ELY)
Vista Outdoor Inc is an American outdoor recreation product company. The company operates in five segments: Shooting Sports, Outdoor Products, Action Sports, Cycling, and International. It has a market cap of 1.55B as of 2022 and a Return on Equity of 29.64%. The company designs, manufactures, and markets consumer products in the outdoor sports and recreation markets. Its products include firearms, ammunition, archery products, fishing products, backpacks, and other outdoor products.
– Vista Outdoor Inc ($NYSE:VSTO)
City Sports And Recreation PCL is a company that operates in the sports and recreation industry. The company has a market capitalization of 1.52 billion as of 2022 and a return on equity of 1.84%. City Sports And Recreation PCL is a publicly traded company listed on the Stock Exchange of Thailand. The company operates in two segments: sports and recreation, and other businesses. The company offers a range of products and services including sports equipment, recreational facilities, and services.
Summary
Acushnet Holdings Corp has recently been upgraded to a Buy from Neutral by Compass Point Research & Trading. This is good news for investors as it indicates that the company’s stocks are likely to increase in value over the short-term. Acushnet’s strong financial position, impressive performance in the market and robust growth potential make it an attractive investment option. The company has reported an impressive set of financial results in recent quarters, with increases in both revenue and net income. It is also well positioned to benefit from the current market conditions and has a healthy balance sheet with low debt and ample liquidity. All of these factors suggest that Acushnet is a good long-term investment choice.
In addition, the company has a sound strategy in place to drive future growth and create shareholder value.
