Golfsmith International Holdings, Inc. (NASDAQ:GOLF) – Investment analysts at Jefferies Group lifted their Q4 2017 earnings per share (EPS) estimates for shares of Golfsmith International Holdings in a report released on Wednesday. Jefferies Group analyst R. Konik now anticipates that the specialty retailer will post earnings per share of $0.21 for the quarter, up from their previous estimate of $0.13. Jefferies Group has a “Buy” rating and a $22.00 price objective on the stock. Jefferies Group also issued estimates for Golfsmith International Holdings’ FY2018 earnings at $1.46 EPS.

A number of other research analysts have also recently issued reports on the company. Raymond James Financial, Inc. cut Golfsmith International Holdings from an “outperform” rating to a “mkt perform” rating in a research report on Saturday, July 22nd. cut Golfsmith International Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. lowered Golfsmith International Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, September 2nd. KeyCorp reissued an “overweight” rating and set a $20.00 price target on shares of Golfsmith International Holdings in a research note on Wednesday, August 30th. Finally, set a $16.00 price target on Golfsmith International Holdings and gave the company a “hold” rating in a research note on Monday, August 14th. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $20.19.

ILLEGAL ACTIVITY NOTICE: This story was first published by Watch List News and is owned by of Watch List News. If you are reading this story on another website, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this story can be read at https://www.watchlistnews.com/analysts-offer-predictions-for-golfsmith-international-holdings-inc-s-q4-2017-earnings-golf/1704641.html.

Golfsmith International Holdings (NASDAQ:GOLF) last issued its quarterly earnings results on Wednesday, November 8th. The specialty retailer reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.03. The company had revenue of $347.30 million during the quarter, compared to the consensus estimate of $339.73 million. The business’s quarterly revenue was up 2.4% compared to the same quarter last year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of Infinity. The ex-dividend date of this dividend is Thursday, November 30th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of Golfsmith International Holdings by 0.9% during the second quarter. JPMorgan Chase & Co. now owns 3,580,300 shares of the specialty retailer’s stock valued at $71,033,000 after acquiring an additional 31,602 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Golfsmith International Holdings by 44.3% during the third quarter. Principal Financial Group Inc. now owns 3,485,832 shares of the specialty retailer’s stock worth $61,908,000 after buying an additional 1,070,023 shares in the last quarter. Vanguard Group Inc. grew its holdings in Golfsmith International Holdings by 2.2% during the second quarter. Vanguard Group Inc. now owns 1,678,680 shares of the specialty retailer’s stock worth $33,306,000 after buying an additional 36,905 shares in the last quarter. Van Berkom & Associates Inc. bought a new stake in Golfsmith International Holdings during the second quarter worth $23,159,000. Finally, Westfield Capital Management Co. LP grew its holdings in Golfsmith International Holdings by 3.4% during the second quarter. Westfield Capital Management Co. LP now owns 1,132,095 shares of the specialty retailer’s stock worth $22,461,000 after buying an additional 37,205 shares in the last quarter.

Golfsmith International Holdings Company Profile

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

Receive News & Ratings for Golfsmith International Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golfsmith International Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.