Golfsmith International Holdings, Inc. (NASDAQ:GOLF) has earned an average rating of “Hold” from the fourteen analysts that are currently covering the stock, MarketBeat.com reports. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $19.45.

A number of analysts recently issued reports on GOLF shares. Zacks Investment Research downgraded Golfsmith International from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. BidaskClub raised Golfsmith International from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Morgan Stanley lifted their target price on Golfsmith International from $19.50 to $20.00 and gave the company an “overweight” rating in a research report on Thursday, November 9th. Imperial Capital lifted their target price on Golfsmith International from $15.00 to $17.00 and gave the company an “in-line” rating in a research report on Friday, November 10th. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $20.00 target price on shares of Golfsmith International in a research report on Wednesday, August 30th.

Golfsmith International (NASDAQ:GOLF) last issued its quarterly earnings data on Wednesday, November 8th. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. The business had revenue of $347.30 million for the quarter, compared to analyst estimates of $339.73 million. Golfsmith International’s revenue for the quarter was up 2.4% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date of this dividend is Thursday, November 30th.

In other news, insider Mirae Asset Partners Private E sold 9,165,542 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $17.00, for a total transaction of $155,814,214.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Institutional investors have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. grew its position in shares of Golfsmith International by 0.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 70,554 shares of the specialty retailer’s stock worth $1,400,000 after buying an additional 361 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Golfsmith International by 14.1% during the second quarter. Wells Fargo & Company MN now owns 92,496 shares of the specialty retailer’s stock worth $1,834,000 after buying an additional 11,440 shares in the last quarter. Bank of America Corp DE grew its position in shares of Golfsmith International by 469.6% during the first quarter. Bank of America Corp DE now owns 17,606 shares of the specialty retailer’s stock worth $304,000 after buying an additional 14,515 shares in the last quarter. Swiss National Bank purchased a new stake in Golfsmith International during the second quarter worth approximately $734,000. Finally, Northern Trust Corp lifted its stake in Golfsmith International by 21.2% during the second quarter. Northern Trust Corp now owns 286,909 shares of the specialty retailer’s stock worth $5,693,000 after purchasing an additional 50,166 shares during the last quarter.

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Golfsmith International Company Profile

Analyst Recommendations for Golfsmith International (NASDAQ:GOLF)

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