Should You Buy Acushnet Holdings Corp. (NYSE:GOLF) for Long-Term Growth?

Acushnet Holdings Corp. (NYSE:GOLF) saw an 18% share price growth on the NYSE over the last few months, bringing the company closer to its yearly peak. Despite its high coverage by analysts, the stock seems fairly valued at the moment, trading around 20% below its intrinsic value. The future outlook is uncertain, with expected negative earnings growth of -6.8%, which could be a risk for investors.

Acushnet Holdings Corp. (NYSE:GOLF) has experienced a notable 18% share price growth on the NYSE over the last few months, bringing the company closer to its yearly peak. Despite its high analyst coverage, the stock appears to be fairly valued at the moment, trading around 20% below its intrinsic value. However, the future outlook remains uncertain, with expected negative earnings growth of -6.8%, which could pose a risk for investors.

Wellington Management Group LLP recently increased its holdings in Acushnet by 6.7%, owning 1,310,965 shares worth approximately $90 million [1]. Other institutional investors have also modified their positions in the company, including Public Employees Retirement System of Ohio and KBC Group NV, among others [1].

Analysts have provided mixed ratings for Acushnet, with a consensus rating of "Hold" and an average price target of $73.33 [2]. KeyCorp lifted its price target to $85.00, while Zacks Research downgraded the stock to a "hold" rating. Morgan Stanley boosted its price target to $80.00, and Compass Point downgraded the stock to a "neutral" rating. Truist Financial increased its price target to $65.00 [1].

Acushnet reported $1.25 earnings per share for the last quarter, missing estimates, and declared a quarterly dividend of $0.235 per share with a 1.2% dividend yield [1]. The company's revenue for the quarter was $720.48 million, up 5.4% compared to the same period last year. Research analysts forecast that Acushnet will post 3.06 EPS for the current year [1].

Despite the positive share price growth, the expected negative earnings growth of -6.8% could impact investor sentiment. Additionally, the company's P/E ratio of 22.11 is slightly higher than the market average P/E ratio of about 27.49, suggesting that the stock may be relatively expensive compared to the broader market [2].

In summary, Acushnet Holdings Corp. has seen significant share price growth over the past few months, with mixed analyst sentiment and a relatively high P/E ratio. Investors should closely monitor the company's earnings and other financial metrics to make informed decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-wellington-management-group-llp-raises-position-in-acushnet-golf-2025-08-22/
[2] https://www.marketbeat.com/stocks/NYSE/GOLF/