Golfsmith International Holdings, Inc. (GOLF) Expected to Earn Q1 2017 Earnings of $0.41 Per Share

Golfsmith International Holdings, Inc. (NASDAQ:GOLF) – Equities research analysts at KeyCorp issued their Q1 2017 earnings estimates for shares of Golfsmith International Holdings in a research note issued to investors on Wednesday, according to Zacks Investment Research. KeyCorp analyst S. Hamann forecasts that the specialty retailer will earn $0.41 per share for the quarter. KeyCorp also issued estimates for Golfsmith International Holdings’ Q2 2017 earnings at $0.55 EPS, Q3 2017 earnings at $0.10 EPS, Q4 2017 earnings at $0.07 EPS, FY2017 earnings at $1.14 EPS and FY2018 earnings at $1.30 EPS.

A number of other equities research analysts have also recently commented on GOLF. Roth Capital set a $25.00 price objective on shares of Golfsmith International Holdings and gave the stock a “buy” rating in a research note on Saturday, March 25th. Zacks Investment Research cut shares of Golfsmith International Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, April 13th. Jefferies Group LLC set a $25.00 price objective on shares of Golfsmith International Holdings and gave the stock a “buy” rating in a research note on Wednesday, March 22nd. Imperial Capital dropped their price objective on shares of Golfsmith International Holdings from $20.00 to $19.00 and set an “in-line” rating on the stock in a research note on Thursday, March 23rd. They noted that the move was a valuation call. Finally, Forward View assumed coverage on shares of Golfsmith International Holdings in a research note on Monday, February 6th. They set a “hold” rating and a $19.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $22.00.

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

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Golfsmith International Holdings (NASDAQ:GOLF) traded down 0.17% on Friday, hitting $18.10. 100,233 shares of the stock traded hands. The company has a market capitalization of $1.35 billion and a PE ratio of 29.34. The firm has a 50-day moving average price of $17.67 and a 200-day moving average price of $18.48. Golfsmith International Holdings has a 12 month low of $16.84 and a 12 month high of $22.31.

The business also recently declared a special dividend, which was paid on Wednesday, April 19th. Stockholders of record on Thursday, April 13th were issued a dividend of $0.12 per share. The ex-dividend date was Tuesday, April 11th.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. bought a new position in Golfsmith International Holdings during the fourth quarter valued at approximately $184,000. Cadence Capital Management LLC bought a new position in Golfsmith International Holdings during the fourth quarter valued at approximately $245,000. Metropolitan Life Insurance Co. NY bought a new position in Golfsmith International Holdings during the fourth quarter valued at approximately $420,000. Nationwide Fund Advisors raised its position in Golfsmith International Holdings by 6.6% in the first quarter. Nationwide Fund Advisors now owns 27,934 shares of the specialty retailer’s stock valued at $483,000 after buying an additional 1,720 shares in the last quarter. Finally, Teachers Advisors LLC bought a new position in Golfsmith International Holdings during the fourth quarter valued at approximately $734,000.

About Golfsmith International Holdings

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