Golfsmith International Holdings, Inc. (NASDAQ:GOLF) – Equities researchers at Forward View issued their FY2017 earnings per share estimates for Golfsmith International Holdings in a research note issued on Sunday. Forward View analyst N. Yates forecasts that the specialty retailer will post earnings per share of $1.08 for the year. Forward View currently has a “Hold” rating and a $16.00 price target on the stock. Forward View also issued estimates for Golfsmith International Holdings’ FY2018 earnings at $1.18 EPS.

A number of other analysts have also commented on the company. Roth Capital set a $25.00 price target on Golfsmith International Holdings and gave the stock a “buy” rating in a research note on Wednesday, May 24th. Raymond James Financial, Inc. lowered Golfsmith International Holdings from an “outperform” rating to a “mkt perform” rating in a research report on Saturday, July 22nd. Zacks Investment Research raised Golfsmith International Holdings from a “sell” rating to a “hold” rating in a research report on Monday, May 15th. Credit Suisse Group set a $21.00 price objective on Golfsmith International Holdings and gave the company a “hold” rating in a research report on Sunday, May 28th. Finally, Jefferies Group LLC set a $25.00 price objective on Golfsmith International Holdings and gave the company a “buy” rating in a research report on Saturday, June 17th. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $20.67.

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Shares of Golfsmith International Holdings (NASDAQ GOLF) opened at 16.21 on Wednesday. The company has a market cap of $1.21 billion and a price-to-earnings ratio of 19.16. Golfsmith International Holdings has a 1-year low of $15.16 and a 1-year high of $22.31. The stock has a 50 day moving average of $18.79 and a 200 day moving average of $18.41.

Several institutional investors have recently modified their holdings of the stock. Raymond James Financial Services Advisors Inc. bought a new position in shares of Golfsmith International Holdings during the second quarter valued at $2,354,000. The Manufacturers Life Insurance Company increased its position in shares of Golfsmith International Holdings by 4.6% in the second quarter. The Manufacturers Life Insurance Company now owns 20,348 shares of the specialty retailer’s stock valued at $404,000 after buying an additional 904 shares during the last quarter. State Street Corp increased its position in shares of Golfsmith International Holdings by 12.6% in the second quarter. State Street Corp now owns 376,146 shares of the specialty retailer’s stock valued at $7,466,000 after buying an additional 42,005 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Golfsmith International Holdings by 22.0% in the second quarter. Goldman Sachs Group Inc. now owns 71,542 shares of the specialty retailer’s stock valued at $1,419,000 after buying an additional 12,888 shares during the last quarter. Finally, Voya Investment Management LLC increased its position in shares of Golfsmith International Holdings by 5.1% in the second quarter. Voya Investment Management LLC now owns 856,118 shares of the specialty retailer’s stock valued at $16,986,000 after buying an additional 41,279 shares during the last quarter.

In other Golfsmith International Holdings news, insider Wb Atlas Llc sold 2,195,469 shares of the firm’s stock in a transaction on Thursday, June 29th. The stock was sold at an average price of $19.63, for a total transaction of $43,097,056.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.96%. The ex-dividend date is Wednesday, August 30th.

Golfsmith International Holdings Company Profile

Earnings History and Estimates for Golfsmith International Holdings (NASDAQ:GOLF)

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