NYSE:GOLFLeisure
Acushnet (GOLF) Valuation Check After New $500M Bond Issue, Analyst Upgrade and FootJoy Insider Sale
Acushnet Holdings (GOLF) just tapped the bond market, issuing $500 million in senior notes to reshape its debt stack, while an insider sale and a bullish post earnings analyst update put the stock under a brighter spotlight.
See our latest analysis for Acushnet Holdings.
At $83.55, Acushnet’s recent bond deal, steady mid single digit revenue growth, and the FootJoy insider sale are landing against a backdrop of solid momentum, with a roughly mid teens year to date share price return and a...