Golfsmith International Holdings, Inc. (NASDAQ:GOLF) – Analysts at DA Davidson issued their Q3 2016 earnings per share estimates for shares of Golfsmith International Holdings in a note issued to investors on Tuesday. DA Davidson analyst A. Burns forecasts that the brokerage will post earnings of $0.03 per share for the quarter. DA Davidson has a “Buy” rating and a $23.00 price objective on the stock. DA Davidson also issued estimates for Golfsmith International Holdings’ Q4 2016 earnings at $0.02 EPS, FY2016 earnings at $1.12 EPS, FY2017 earnings at $1.13 EPS and FY2018 earnings at $1.26 EPS.
Other research analysts have also issued reports about the company. Jefferies Group reaffirmed a “buy” rating and set a $25.00 target price on shares of Golfsmith International Holdings in a research report on Wednesday. Deutsche Bank AG reissued a “hold” rating and issued a $20.00 price objective on shares of Golfsmith International Holdings in a report on Thursday. Credit Suisse Group AG reissued a “neutral” rating and issued a $20.00 price objective on shares of Golfsmith International Holdings in a report on Wednesday. Wells Fargo & Co. assumed coverage on Golfsmith International Holdings in a report on Tuesday. They issued a “market perform” rating on the stock. Finally, KeyCorp assumed coverage on Golfsmith International Holdings in a report on Tuesday. They issued an “overweight” rating on the stock. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $22.00.
Shares of Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.25 on Thursday. Golfsmith International Holdings has a 52 week low of $16.90 and a 52 week high of $20.50. The stock’s market cap is $441.88 million. The firm has a 50-day moving average price of $18.40 and a 200 day moving average price of $18.40.
In other news, major shareholder Wb Atlas Llc sold 4,029,099 shares of the company’s stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $17.00, for a total value of $68,494,683.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Walter R. Uihlein bought 70,000 shares of the stock in a transaction dated Wednesday, November 2nd. The stock was bought at an average price of $17.00 per share, for a total transaction of $1,190,000.00. Following the purchase, the chief executive officer now directly owns 702,196 shares of the company’s stock, valued at $11,937,332. The disclosure for this purchase can be found here.
Golfsmith International Holdings Company Profile