<div id="readability-page-1"><p><span>Acushnet (NYSE:GOLF - Get Free Report)</span> had its price target lifted by stock analysts at JPMorgan Chase &amp; Co.  from $67.00 to $74.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has an &#34;underweight&#34; rating on the stock. JPMorgan Chase &amp; Co.'s target price indicates a potential downside of 13.31% from the company's current price.</p><ul><li>3 Golf Stocks that Look Tee-rific</li></ul><p>Several other brokerages have also issued reports on GOLF. Roth Capital  restated a &#34;neutral&#34; rating and set a $80.00 target price on shares of Acushnet in a research report on Thursday, November 6th. Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of Acushnet in a report on Wednesday, October 8th. Truist Financial raised their price objective on Acushnet from $65.00 to $74.00 and gave the stock a &#34;hold&#34; rating in a research note on Tuesday, November 4th. KeyCorp increased their target price on shares of Acushnet from $85.00 to $90.00 and gave the stock an &#34;overweight&#34; rating in a report on Thursday, November 6th. Finally, Zacks Research lowered shares of Acushnet from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Buy rating, five have issued  a Hold rating and one  has issued  a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $78.17.</p><p><b>Check Out Our Latest Report on Acushnet</b></p><h2>Acushnet Trading Up 0.6%</h2><p>NYSE GOLF traded up $0.55 during trading on Monday, hitting $85.36. The company had a trading volume of 84,065 shares, compared to its average volume of 425,477. The company has a market cap of $5.01 billion, a price-to-earnings ratio of 23.32 and a beta of 0.89. The company has a current ratio of 2.42, a quick ratio of 1.30 and a debt-to-equity ratio of 1.03. The company's fifty day moving average is $80.94 and its 200-day moving average is $77.81. Acushnet has a one year low of $55.31 and a one year high of $86.19. </p><p>Acushnet (NYSE:GOLF - Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.04). The firm had revenue of $657.66 million during the quarter, compared to analysts' expectations of $632.76 million. Acushnet had a return on equity of 27.50% and a net margin of 8.80%.Acushnet's revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.89 earnings per share.  On average, sell-side analysts predict that  Acushnet will post 3.06 earnings per share for the current year. </p><h2>Insider Transactions at Acushnet</h2><p>In related news, insider Steven Francis Pelisek sold 20,000 shares of the business's stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $84.66, for a total transaction of $1,693,200.00. Following the completion of the transaction, the insider owned 76,006 shares in the company, valued at approximately $6,434,667.96. The trade was a 20.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO David Eugene Maher sold 26,939 shares of the business's stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $79.33, for a total value of $2,137,070.87. Following the completion of the transaction, the chief executive officer directly owned 852,092 shares in the company, valued at approximately $67,596,458.36. The trade was a 3.06% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 71,460 shares of company stock valued at $5,786,311. Insiders own  53.60% of the company's stock. </p><h2>Hedge Funds Weigh In On Acushnet</h2><p>Hedge funds have recently bought and sold shares of the stock. Fisher Asset Management LLC increased its position in  Acushnet by 238.0% during the 3rd quarter. Fisher Asset Management LLC now owns 704,151 shares of the company's stock worth $55,269,000 after purchasing an additional 495,794 shares in the last quarter.  Norges Bank purchased a new position in shares of  Acushnet during the second quarter valued at approximately $20,963,000.  Vanguard Group Inc. boosted its position in  Acushnet by 9.6% during the first quarter. Vanguard Group Inc. now owns 3,090,666 shares of the company's stock worth $212,205,000 after acquiring an additional 269,742 shares during the last quarter.  Tributary Capital Management LLC raised its holdings in  Acushnet by 92.6% in the 3rd quarter. Tributary Capital Management LLC now owns 457,490 shares of the company's stock valued at $35,908,000 after acquiring an additional 219,895 shares during the last quarter.  Finally, Nuveen LLC acquired a new position in  Acushnet during the 1st quarter worth approximately $9,376,000. Hedge funds and other institutional investors own  53.12% of the company's stock. </p><h2>About Acushnet</h2> (Get Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Acushnet</li><li>Basic Materials Stocks Investing</li><li>Rivian’s Autonomy Bombshell Changes Everything—Even Its Valuation</li><li>Golden Cross Stocks: Pattern, Examples and Charts </li><li>Financial Sector Breaks Out as Capital Rotates and Leadership Shifts</li><li>How to Short Nasdaq: An Easy-to-Follow Guide</li><li>Super Micro's Sell-Off Is a Mirage—Here’s Why the Rally May Come Back Fast</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdPTEY?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdPTEY"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Acushnet Right Now?</h2><p>Before you consider Acushnet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Acushnet wasn't on the list.</p><p>While Acushnet currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GOLF

<p>JPMorgan Chase & Co. increased Acushnet's price target from $67.00 to $74.00, maintaining an "underweight" rating, indicating a potential downside of 13.31% from the current price. Other analysts have varied ratings, with a consensus "Hold" and target price of $78.17. Acushnet's stock traded at $85.36, with recent insider sales and hedge fund activity noted.</p>

Acushnet (NYSE:GOLF) Given New $74.00 Price Target at JPMorgan Chase & Co.