Acushnet Holdings Corp. (NYSE:GOLF) Expected to Post Quarterly Sales of $464.50 Million
Analysts expect Acushnet Holdings Corp. (NYSE:GOLF) to post $464.50 million in sales for the current quarter, Zacks Investment Research reports. Nine analysts have provided estimates for Acushnet Holdings Corp.’s earnings. The lowest sales estimate is $458.10 million and the highest is $474.48 million. The business is expected to announce its next earnings report on Friday, August 11th.
On average, analysts expect that Acushnet Holdings Corp. will report full year sales of $464.50 million for the current year, with estimates ranging from $1.57 billion to $1.59 billion. For the next fiscal year, analysts forecast that the company will post sales of $1.62 billion per share, with estimates ranging from $1.58 billion to $1.64 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that cover Acushnet Holdings Corp..
Shares of Acushnet Holdings Corp. (GOLF) opened at 19.90 on Friday. The company has a market cap of $1.48 billion and a price-to-earnings ratio of 23.52. Acushnet Holdings Corp. has a 52 week low of $16.84 and a 52 week high of $22.31. The firm’s 50-day moving average is $19.20 and its 200-day moving average is $18.59.
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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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