Golfsmith International Holdings, Inc. (NASDAQ:GOLF)‘s stock had its “in-line” rating reissued by stock analysts at Imperial Capital in a research note issued to investors on Friday. They presently have a $15.00 price objective on the specialty retailer’s stock, down from their previous price objective of $19.00. Imperial Capital’s price target would indicate a potential downside of 3.78% from the stock’s current price. Imperial Capital also issued estimates for Golfsmith International Holdings’ Q1 2018 earnings at $0.45 EPS, Q2 2018 earnings at $0.42 EPS, Q3 2018 earnings at $0.12 EPS, Q4 2018 earnings at $0.06 EPS and FY2018 earnings at $1.06 EPS.

A number of other research analysts have also recently weighed in on the stock. DA Davidson cut shares of Golfsmith International Holdings from a “buy” rating to a “neutral” rating and reduced their price target for the company from $23.00 to $17.00 in a research report on Friday. Roth Capital cut shares of Golfsmith International Holdings from a “buy” rating to a “neutral” rating and reduced their price target for the company from $25.00 to $20.00 in a research report on Monday, August 7th. Zacks Investment Research cut shares of Golfsmith International Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Raymond James Financial, Inc. cut shares of Golfsmith International Holdings from an “outperform” rating to a “mkt perform” rating in a research report on Saturday, July 22nd. Finally, Jefferies Group LLC set a $25.00 price target on shares of Golfsmith International Holdings and gave the company a “buy” rating in a research report on Saturday, June 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $20.70.

Golfsmith International Holdings (NASDAQ GOLF) traded up 2.31% during midday trading on Friday, hitting $15.95. 1,282,876 shares of the stock were exchanged. Golfsmith International Holdings has a 12-month low of $15.16 and a 12-month high of $22.31. The stock has a market cap of $1.19 billion and a price-to-earnings ratio of 18.85. The firm has a 50 day moving average of $18.99 and a 200-day moving average of $18.46.

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In other 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 transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Hedge funds have recently bought and sold shares of the stock. State Street Corp purchased a new stake in Golfsmith International Holdings during the fourth quarter worth about $6,261,000. Metropolitan Life Insurance Co. NY purchased a new stake in Golfsmith International Holdings during the fourth quarter worth about $420,000. Teachers Advisors LLC purchased a new stake in Golfsmith International Holdings during the fourth quarter worth about $734,000. Hartford Investment Management Co. purchased a new stake in Golfsmith International Holdings during the first quarter worth about $2,700,000. Finally, Sanders Morris Harris Inc. raised its stake in Golfsmith International Holdings by 10.0% in the first quarter. Sanders Morris Harris Inc. now owns 55,000 shares of the specialty retailer’s stock worth $950,000 after buying an additional 5,000 shares in the last quarter.

About Golfsmith International Holdings

Analyst Recommendations for Golfsmith International Holdings (NASDAQ:GOLF)

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