Will Acushnet Holdings Corp’s (GOLF) Earnings Grow Over The Next Year?
Acushnet Holdings Corp (NYSE:GOLF) is predicted to grow its earnings per share by a relatively small 3.49% over the next 12 months. At a current EPS of $1.191, this growth rate means shareholders can expect an impending EPS of $1.232. I am going to look at the latest data on GOLF to assess whether this expected growth is reasonable. See our latest analysis for GOLF
How is GOLF going to perform in the future?
Analyst expectation from the stock’s 14 analysts is one of positive sentiment, with earnings estimated to expand from current levels of $1.191 to $1.232 over the next year. This illustrates a relatively optimistic outlook in the near term, with a relatively solid earnings per share growth rate of 3.49% over the next 1-2 years. In the same period revenue is expected to grow from $1,539M $1,583M
Basis for the growth
The past can be a great indicator for future performance for a stock. We can determine whether this level of expected growth is illustrative of future headwinds or whether the company continues to grapple with higher growth. GOLF delivered a significantly high triple-digit growth rate in the past year, compared to the less exciting rate expected this year. This may indicate a more sustainable level of growth as the company comes off a high-growth period. On the other hand, a more pessimistic outlook questions the company’s ability to continue as a high performer.
Next Steps:
For GOLF, there are three key aspects you should look at:
1. Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
2. Valuation: What is GOLF worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether GOLF is currently mispriced by the market.
3. Other High-Growth Alternatives : Are there other high-growth stocks you could be holding instead of GOLF? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
