Augusta National Golf Club: secret membership process explained
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 17 2024
0mins
Source: Yahoo Finance
Membership Exclusivity: Augusta National Golf Club has a highly selective membership process, requiring nominations from current members and only allowing new members when existing ones leave or pass away.
Cost and Regulations: New members must pay a $40,000 initiation fee and adhere to strict rules regarding dress code and gameplay.
Analyst Views on GOLF
Wall Street analysts forecast GOLF stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GOLF is 78.25 USD with a low forecast of 74.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
0 Buy
3 Hold
1 Sell
Hold
Current: 93.030
Low
74.00
Averages
78.25
High
85.00
Current: 93.030
Low
74.00
Averages
78.25
High
85.00
About GOLF
Acushnet Holdings Corp. is engaged in the design, development, manufacture and distribution of performance-driven golf products. The Company’s segments include Titleist golf equipment, FootJoy golf wear and Golf gear. The Titleist golf equipment segment includes Titleist and Pinnacle branded golf balls; PG Golf recycled golf balls; Titleist branded golf clubs, including drivers, fairways, hybrids and irons; Vokey Design wedges; Scotty Cameron putters and Titleist Performance Institute. The FootJoy golf wear segment includes FootJoy branded golf shoes, golf gloves, golf outerwear and golf apparel. The Golf gear segment includes Titleist branded golf bags, headwear, golf gloves, travel gear and other golf accessories, as well as Club Glove travel products and Links & Kings luxury leather golf goods. It designs, manufactures and markets a range of products under the Titleist, FootJoy, KJUS and other brands.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
