Analysts expect Golfsmith International Holdings, Inc. (NASDAQ:GOLF) to report $464.50 million in sales for the current fiscal quarter, according to Zacks Investment Research. Nine analysts have issued estimates for Golfsmith International Holdings’ earnings, with the lowest sales estimate coming in at $458.10 million and the highest estimate coming in at $474.48 million. The firm is scheduled to announce its next earnings report on Friday, August 11th.

According to Zacks, analysts expect that Golfsmith International Holdings will report full-year sales of $464.50 million for the current fiscal year, with estimates ranging from $1.57 billion to $1.59 billion. For the next financial year, analysts anticipate that the firm will report sales of $1.62 billion per share, with estimates ranging from $1.58 billion to $1.64 billion. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover Golfsmith International Holdings.

A number of research firms recently weighed in on GOLF. Jefferies Group LLC set a $25.00 price target on Golfsmith International Holdings and gave the company a “buy” rating in a research note on Saturday, June 17th. Imperial Capital dropped their price target on 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. Zacks Investment Research cut Golfsmith International Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, April 6th. Roth Capital set a $25.00 price target on Golfsmith International Holdings and gave the company a “buy” rating in a research note on Saturday, March 25th. Finally, Credit Suisse Group set a $21.00 price target on Golfsmith International Holdings and gave the company a “hold” rating in a research note on Sunday, May 28th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Golfsmith International Holdings has a consensus rating of “Buy” and a consensus target price of $22.08.

In other Golfsmith International Holdings news, insider Wb Atlas Llc sold 2,195,469 shares of the stock in a transaction on Thursday, June 29th. The stock was sold at an average price of $19.63, for a total transaction of $43,097,056.47. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP boosted its position in Golfsmith International Holdings by 27.4% in the first quarter. Wellington Management Group LLP now owns 3,831,257 shares of the specialty retailer’s stock valued at $66,205,000 after buying an additional 824,246 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Golfsmith International Holdings by 39.3% in the first quarter. JPMorgan Chase & Co. now owns 3,548,698 shares of the specialty retailer’s stock valued at $61,322,000 after buying an additional 1,001,850 shares during the last quarter. Levin Capital Strategies L.P. boosted its position in Golfsmith International Holdings by 58.6% in the first quarter. Levin Capital Strategies L.P. now owns 2,335,024 shares of the specialty retailer’s stock valued at $40,349,000 after buying an additional 863,176 shares during the last quarter. Vanguard Group Inc. boosted its position in Golfsmith International Holdings by 7.9% in the first quarter. Vanguard Group Inc. now owns 1,641,775 shares of the specialty retailer’s stock valued at $28,370,000 after buying an additional 120,015 shares during the last quarter. Finally, Deprince Race & Zollo Inc. boosted its position in Golfsmith International Holdings by 44.3% in the first quarter. Deprince Race & Zollo Inc. now owns 1,230,578 shares of the specialty retailer’s stock valued at $21,264,000 after buying an additional 377,731 shares during the last quarter.

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Shares of Golfsmith International Holdings (NASDAQ:GOLF) traded up 1.432% during midday trading on Friday, hitting $19.475. 67,726 shares of the stock traded hands. Golfsmith International Holdings has a 12-month low of $16.84 and a 12-month high of $22.31. The firm’s 50 day moving average price is $19.20 and its 200 day moving average price is $18.59. The company has a market capitalization of $1.45 billion and a PE ratio of 23.020.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 16th. Shareholders of record on Friday, June 2nd were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.50%. The ex-dividend date was Wednesday, May 31st.

About Golfsmith International Holdings

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

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