Acushnet Holdings Corp (GOLF), known for its Titleist brand, reached an all-time high stock price of $103.19 USD, marking a 60.43% increase over the past year. Despite its “GOOD” financial health rating from InvestingPro, the stock may be overvalued, with its RSI in overbought territory. The company recently completed a $500 million notes offering to manage debt, but KeyBanc Capital Markets downgraded its rating due to valuation and macroeconomic concerns.
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Acushnet Holdings Corp stock hits all-time high at $103.19 USD By Investing.com
Acushnet Holdings Corp (GOLF), known for its Titleist brand, reached an all-time high stock price of $103.19 USD, marking a 60.43% increase over the past year. Despite its “GOOD” financial health rating from InvestingPro, the stock may be overvalued, with its RSI in overbought territory. The company recently completed a $500 million notes offering to manage debt, but KeyBanc Capital Markets downgraded its rating due to valuation and macroeconomic concerns.