Acushnet (GOLF) and Its Competitors Financial Comparison

Acushnet (NYSE:GOLF) is one of 95 public companies in the “Leisure Products” industry, but how does it compare to its rivals? We will compare Acushnet to similar businesses based on the strength of its institutional ownership, risk, earnings, dividends, profitability, valuation and analyst recommendations.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Acushnet and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Acushnet	0	9	0	0	2.00
Acushnet Competitors	567	2399	3817	190	2.52

Acushnet currently has a consensus price target of $97.67, suggesting a potential upside of 15.01%. As a group, “Leisure Products” companies have a potential upside of 21.94%. Given Acushnet’s rivals stronger consensus rating and higher probable upside, analysts plainly believe Acushnet has less favorable growth aspects than its rivals.

Institutional and Insider Ownership

53.1% of Acushnet shares are owned by institutional investors. Comparatively, 45.4% of shares of all “Leisure Products” companies are owned by institutional investors. 53.3% of Acushnet shares are owned by company insiders. Comparatively, 14.8% of shares of all “Leisure Products” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Acushnet and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Acushnet	$2.56 billion	$188.54 million	23.01
Acushnet Competitors	$2.95 billion	$72.16 million	575.62

Acushnet’s rivals have higher revenue, but lower earnings than Acushnet. Acushnet is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

Acushnet has a beta of 0.77, indicating that its stock price is 23% less volatile than the S&P 500. Comparatively, Acushnet’s rivals have a beta of 1.20, indicating that their average stock price is 20% more volatile than the S&P 500.

Dividends

Acushnet pays an annual dividend of $1.02 per share and has a dividend yield of 1.2%. Acushnet pays out 27.6% of its earnings in the form of a dividend. As a group, “Leisure Products” companies pay a dividend yield of 2.8% and pay out 55.2% of their earnings in the form of a dividend. Acushnet has increased its dividend for 8 consecutive years.

Profitability

This table compares Acushnet and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Acushnet	8.17%	27.92%	9.43%
Acushnet Competitors	-8.09%	-19.24%	-3.69%

Summary

Acushnet rivals beat Acushnet on 8 of the 15 factors compared.

About Acushnet

Acushnet Holdings Corp. develops, manufactures and markets golf equipment, apparel and accessories. Its brands include Titleist, known for golf balls, clubs and related equipment; FootJoy, which offers golf footwear, gloves and apparel; and Scotty Cameron and Vokey Design, which specialize in putters and wedges. The company also sells golf balls under the Pinnacle brand. Acushnet traces its roots to 1910, when it was established as the Acushnet Process Company. Over time, it became focused on golf and built a portfolio of brands serving recreational and professional players.