Key Highlights:
- Acushnet Holdings Corp's (GOLF, Financial) stock is experiencing a 4.8% decline over the past six months.
- Analyst predictions suggest a modest 2.4% revenue growth, posing potential challenges for future demand.
- The average one-year price target indicates a potential 17.08% upside from the current price.
Acushnet Holdings Corp. (NYSE: GOLF), renowned for its iconic Titleist Pro V1 golf balls, is currently trading at $60.14. Despite its reputation, the stock is facing challenges, evidenced by a 4.8% dip in price over the last six months. As the company navigates these waters, analysts are predicting a modest 2.4% increase in revenue over the coming year, pointing to hurdles in sustaining demand.
Wall Street Analysts' Forecast
Insights from 7 Wall Street analysts reveal that the average one-year target price for Acushnet Holdings Corp (GOLF, Financial) stands at $72.29, with estimates ranging from a high of $80.00 to a low of $66.00. This average target suggests a potential upside of 17.08% from the current price of $61.74. Investors can explore more detailed estimate data on the Acushnet Holdings Corp (GOLF) Forecast page.
Analyst Recommendations
The consensus from 8 brokerage firms currently positions Acushnet Holdings Corp's (GOLF, Financial) average recommendation at 2.8, equating to a "Hold" rating. The rating scale used ranges from 1 to 5, with 1 being a Strong Buy and 5 indicating a Sell recommendation.
GuruFocus GF Value Estimate
According to GuruFocus, the estimated GF Value for Acushnet Holdings Corp (GOLF, Financial) in the upcoming year is $67.29. This forecasted value suggests an upside of 8.99% from the current price of $61.74. The GF Value is derived from a comprehensive analysis of historical multiples, prior business growth, and future business performance projections. Investors seeking more in-depth data can visit the Acushnet Holdings Corp (GOLF) Summary page.
