Wells Fargo & Co restated their market perform rating on shares of Acushnet (NYSE:GOLF) in a research note published on Thursday morning.

Several other research firms have also recently issued reports on GOLF. SunTrust Banks reaffirmed a buy rating and set a $24.00 price objective on shares of Acushnet in a research report on Friday, January 26th. ValuEngine raised Acushnet from a hold rating to a buy rating in a research report on Thursday, February 8th. KeyCorp upped their price objective on Acushnet from $22.00 to $24.00 and gave the stock an overweight rating in a research report on Thursday, January 25th. DA Davidson reaffirmed a hold rating on shares of Acushnet in a research report on Thursday. Finally, Jefferies Group reaffirmed a buy rating on shares of Acushnet in a research report on Wednesday, March 7th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Acushnet currently has a consensus rating of Buy and a consensus price target of $22.75.

Acushnet (GOLF) opened at $23.01 on Thursday. The stock has a market capitalization of $1,713.76, a PE ratio of 18.71, a PEG ratio of 2.74 and a beta of 0.70. Acushnet has a 1 year low of $15.16 and a 1 year high of $23.36. The company has a current ratio of 2.24, a quick ratio of 1.21 and a debt-to-equity ratio of 0.49.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Monday, March 19th will be given a $0.13 dividend. The ex-dividend date of this dividend is Friday, March 16th. This is a boost from Acushnet’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.26%. Acushnet’s dividend payout ratio is 39.02%.

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Acushnet 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.

Analyst Recommendations for Acushnet (NYSE:GOLF)

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