Q1 2017 EPS Estimates for Golfsmith International Holdings, Inc. Cut by Imperial Capital (GOLF)

Golfsmith International Holdings, Inc. (NASDAQ:GOLF) – Research analysts at Imperial Capital reduced their Q1 2017 earnings per share (EPS) estimates for Golfsmith International Holdings in a report released on Thursday, Zacks Investment Research reports. Imperial Capital analyst G. Kelly now forecasts that the specialty retailer will earn $0.47 per share for the quarter, down from their previous estimate of $0.51. Imperial Capital has a “In-Line” rating and a $19.00 price target on the stock. Imperial Capital also issued estimates for Golfsmith International Holdings’ Q2 2017 earnings at $0.58 EPS, Q4 2017 earnings at $0.03 EPS, FY2017 earnings at $1.16 EPS and FY2018 earnings at $1.24 EPS.

Several other equities research analysts also recently weighed in on the company. Jefferies Group LLC reissued a “buy” rating on shares of Golfsmith International Holdings in a report on Tuesday, January 3rd. Zacks Investment Research downgraded Golfsmith International Holdings from a “hold” rating to a “sell” rating in a report on Monday, January 2nd. Forward View initiated coverage on Golfsmith International Holdings in a report on Monday, February 6th. They set a “hold” rating and a $19.00 target price on the stock. Finally, Roth Capital set a $25.00 target price on Golfsmith International Holdings and gave the stock a “buy” rating in a report on Saturday, March 25th. One 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’s stock. The stock presently has an average 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% during trading on Friday, hitting $18.10. The stock had a trading volume of 66,612 shares. Golfsmith International Holdings has a 52 week low of $16.84 and a 52 week high of $22.31. The company’s 50-day moving average is $17.65 and its 200 day moving average is $18.49. The firm has a market cap of $1.35 billion and a PE ratio of 29.34.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Thornburg Investment Management Inc. acquired a new position in Golfsmith International Holdings during the fourth quarter valued at $36,269,000. Levin Capital Strategies L.P. acquired a new position in Golfsmith International Holdings during the fourth quarter valued at $29,010,000. Alyeska Investment Group L.P. acquired a new position in Golfsmith International Holdings during the fourth quarter valued at $16,184,000. State Street Corp acquired a new position in Golfsmith International Holdings during the fourth quarter valued at $6,261,000. Finally, Ancora Advisors LLC acquired a new position in Golfsmith International Holdings during the fourth quarter valued at $4,521,000.

The firm also recently disclosed a special dividend, which was paid on Wednesday, April 19th. Stockholders of record on Thursday, April 13th were given a $0.12 dividend. The ex-dividend date was Tuesday, April 11th.

About Golfsmith International Holdings

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