Acushnet Holdings Corp. (GOLF) Receives Daily Media Impact Score of 0.12
News stories about Acushnet Holdings Corp. (NYSE:GOLF) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Acushnet Holdings Corp. earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.2146337788724 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
GOLF has been the topic of several research reports. Roth Capital downgraded shares of Acushnet Holdings Corp. from a “buy” rating to a “neutral” rating and set a $20.00 price objective on the stock. in a report on Monday, August 7th. DA Davidson downgraded shares of Acushnet Holdings Corp. from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $17.00 to $23.00 in a report on Friday, August 11th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $21.65.
Shares of Acushnet Holdings Corp. (GOLF) traded down 0.06% during mid-day trading on Monday, hitting $16.46. 152,760 shares of the stock traded hands. The company’s 50-day moving average price is $17.18 and its 200 day moving average price is $18.23. Acushnet Holdings Corp. has a 1-year low of $15.16 and a 1-year high of $22.31. The company has a market capitalization of $1.23 billion and a PE ratio of 17.29.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, September 1st will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Wednesday, August 30th. Acushnet Holdings Corp.’s dividend payout ratio is presently 90.57%.
Acushnet Holdings Corp. Company Profile
Acushnet Holdings Corp. is engaged in the design, development, manufacture and distribution of golf products. The Company is engaged in various product categories, such as golf clubs, wedges, putters, golf gloves, golf gear and golf wear. The Company operates in four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear and FootJoy Golf Wear.
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