Golfsmith International Holdings, Inc. (NASDAQ:GOLF) – Analysts at SunTrust Banks issued their Q1 2018 EPS estimates for shares of Golfsmith International Holdings in a research note issued on Wednesday. SunTrust Banks analyst M. Swartz expects that the specialty retailer will post earnings per share of $0.49 for the quarter. SunTrust Banks also issued estimates for Golfsmith International Holdings’ Q2 2018 earnings at $0.52 EPS, Q3 2018 earnings at $0.12 EPS, Q4 2018 earnings at $0.19 EPS and FY2019 earnings at $1.44 EPS.

Other analysts also recently issued reports about the company. KeyCorp set a $20.00 price target on Golfsmith International Holdings and gave the company a “buy” rating in a report on Saturday, October 21st. Imperial Capital reiterated an “in-line” rating and issued a $15.00 price target (down from $19.00) on shares of Golfsmith International Holdings in a report on Friday, August 11th. Nomura increased their price target on Golfsmith International Holdings from $18.00 to $19.00 and gave the company a “buy” rating in a report on Thursday. Jefferies Group LLC set a $22.00 price target on Golfsmith International Holdings and gave the company a “buy” rating in a report on Thursday, October 26th. Finally, Raymond James Financial, Inc. reiterated a “market perform” rating and issued a $22.00 price target on shares of Golfsmith International Holdings in a report on Friday, July 21st. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $20.19.

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

Several hedge funds have recently modified their holdings of the company. Comerica Bank lifted its position in shares of Golfsmith International Holdings by 5.4% during the third quarter. Comerica Bank now owns 118,064 shares of the specialty retailer’s stock worth $2,138,000 after purchasing an additional 6,023 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Golfsmith International Holdings by 12.8% in the third quarter. Bank of New York Mellon Corp now owns 159,647 shares of the specialty retailer’s stock worth $2,835,000 after acquiring an additional 18,071 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in Golfsmith International Holdings by 15.5% in the third quarter. New York State Common Retirement Fund now owns 78,310 shares of the specialty retailer’s stock worth $1,391,000 after acquiring an additional 10,515 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Golfsmith International Holdings by 44.3% in the third quarter. Principal Financial Group Inc. now owns 3,485,832 shares of the specialty retailer’s stock worth $61,908,000 after acquiring an additional 1,070,023 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. bought a new position in Golfsmith International Holdings in the second quarter worth about $2,354,000.

The business also recently declared 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. The ex-dividend date is Thursday, November 30th. This represents a $0.48 annualized dividend and a dividend yield of Infinity.

About Golfsmith International Holdings

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

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