50% off Premium Yearly
Acushnet HoldingsGOLFBUY ON WEAKNESSApr 11, 2025Stock price when the opinion was issued
As of Jun 12, 2026. Market Open.
Is up 75% the past year, a reliable, long-term winner based on solid execution. For instance, Footjot is the #1 show on the PGA tour for eight decades. Other product lines are also strong with 5.3% US sales growth YOY and +1.5% EBITDA YOY. Tariffs have impacted earnings, but the street expects a bounce-back this year at nearly 20% EPS growth this year. Caveat: trades at 26.5x PE, not cheap, but it deserves this premium
A winner for him, the parent company of Titleist and Footjoy brands, a leader golf brand. Shares have climbed 4-fold since late 2016, an outperformer. The stock has swung a lot the past year from inconsistent quarters, but it bounced but with a strong Q3 surprise, but the next quarter last February was mixed with a revenue miss. Remember that golf is a seasonal game, so one quarter will be weak. Their 2025 guidance is mixed: slightly weaker sales and in-line EBITDA. Sales are slowing though. He's not worried about their guidance, which is usually cautious, and this is a tought environment. They are buying back $250 million of shares and raised its dividend which is small though. This signals confidence.