Golfsmith International Holdings, Inc. (NASDAQ:GOLF) – Forward View issued their FY2017 earnings per share estimates for shares of Golfsmith International Holdings in a report released on Sunday. Forward View analyst N. Yates expects that the specialty retailer will post earnings per share of $1.08 for the year. Forward View 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.

Several other research firms have also commented on GOLF. Zacks Investment Research raised shares of Golfsmith International Holdings from a “sell” rating to a “hold” rating in a report on Monday, May 15th. Imperial Capital reissued an “in-line” rating and issued a $15.00 target price (down from $19.00) on shares of Golfsmith International Holdings in a report on Friday, August 11th. Roth Capital set a $25.00 target price on shares of Golfsmith International Holdings and gave the company a “buy” rating in a report on Wednesday, May 24th. Credit Suisse Group set a $21.00 target price on shares of Golfsmith International Holdings and gave the company a “hold” rating in a report on Sunday, May 28th. Finally, Jefferies Group LLC set a $25.00 target price on shares of Golfsmith International Holdings and gave the company a “buy” rating in a report on Saturday, May 13th. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Golfsmith International Holdings presently has a consensus rating of “Hold” and an average target price of $20.67.

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

Large investors have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in shares of Golfsmith International Holdings during the first quarter valued at about $150,000. American International Group Inc. bought a new stake in shares of Golfsmith International Holdings during the first quarter valued at about $227,000. Alliancebernstein L.P. bought a new stake in shares of Golfsmith International Holdings during the second quarter valued at about $256,000. Suntrust Banks Inc. bought a new stake in shares of Golfsmith International Holdings during the second quarter valued at about $273,000. Finally, Bank of America Corp DE raised its stake in shares of Golfsmith International Holdings by 469.6% in the first quarter. Bank of America Corp DE now owns 17,606 shares of the specialty retailer’s stock valued at $304,000 after buying an additional 14,515 shares during the period.

In related news, insider Wb Atlas Llc sold 2,195,469 shares of Golfsmith International Holdings stock in a transaction that occurred on Thursday, June 29th. The shares were 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 SEC, which is available through the SEC website.

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

Golfsmith International Holdings Company Profile

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

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