Golfsmith International Holdings, Inc. (NASDAQ:GOLF) – Stock analysts at DA Davidson issued their Q3 2016 earnings per share estimates for Golfsmith International Holdings in a report released on Tuesday. DA Davidson analyst A. Burns forecasts that the brokerage will post earnings per share of $0.03 for the quarter. DA Davidson has a “Buy” rating and a $23.00 price target 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.

A number of other equities analysts have also recently weighed in on the stock. Raymond James Financial Inc. started coverage on shares of Golfsmith International Holdings in a research report on Tuesday. They set an “outperform” rating for the company. Credit Suisse Group AG reaffirmed a “neutral” rating and set a $20.00 price objective on shares of Golfsmith International Holdings in a research report on Wednesday. Deutsche Bank AG reaffirmed a “hold” rating and set a $20.00 price objective on shares of Golfsmith International Holdings in a research report on Thursday. JPMorgan Chase & Co. started coverage on shares of Golfsmith International Holdings in a research report on Tuesday. They set a “neutral” rating for the company. Finally, SunTrust Banks Inc. started coverage on shares of Golfsmith International Holdings in a research report on Tuesday. They set a “buy” rating for the company. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Golfsmith International Holdings has an average rating of “Buy” and an average price target of $22.00.

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

Shares of Golfsmith International Holdings (NASDAQ:GOLF) traded up 1.15% during trading on Thursday, hitting $20.25. The stock had a trading volume of 309,531 shares. Golfsmith International Holdings has a one year low of $16.90 and a one year high of $20.50. The stock’s 50 day moving average price is $18.40 and its 200-day moving average price is $18.40. The stock’s market cap is $441.88 million.

In other Golfsmith International Holdings news, insider William C. Burke purchased 50,000 shares of the firm’s stock in a transaction on Wednesday, November 2nd. The stock was bought at an average price of $17.00 per share, with a total value of $850,000.00. Following the transaction, the insider now directly owns 128,678 shares of the company’s stock, valued at approximately $2,187,526. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gregory A. Hewett purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, November 2nd. The stock was acquired at an average cost of $17.00 per share, with a total value of $170,000.00. Following the transaction, the director now directly owns 10,000 shares in the company, valued at $170,000. The disclosure for this purchase can be found here.

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About Golfsmith International Holdings

5 Day Chart for NASDAQ:GOLF

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