Golfsmith International Holdings, Inc. (NASDAQ:GOLF)‘s stock had its “overweight” rating reiterated by investment analysts at KeyCorp in a report issued on Tuesday. They currently have a $2.00 target price on the specialty retailer’s stock.

Several other research analysts have also issued reports on GOLF. Roth Capital lowered shares of Golfsmith International Holdings from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $25.00 to $20.00 in a research report on Monday, August 7th. Jefferies Group LLC set a $22.00 price target on shares of Golfsmith International Holdings and gave the stock a “buy” rating in a research report on Friday, August 11th. Imperial Capital reissued an “in-line” rating and issued a $15.00 price target (down previously from $19.00) on shares of Golfsmith International Holdings in a research report on Friday, August 11th. DA Davidson lowered shares of Golfsmith International Holdings from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $23.00 to $17.00 in a research report on Friday, August 11th. Finally, Zacks Investment Research raised shares of Golfsmith International Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Golfsmith International Holdings presently has an average rating of “Hold” and a consensus target price of $19.06.

Golfsmith International Holdings (NASDAQ:GOLF) last released its earnings results on Wednesday, November 8th. The specialty retailer reported $0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.03. The company had revenue of $347.30 million during the quarter, compared to the consensus estimate of $339.73 million. The company’s revenue was up 2.4% compared to the same quarter last year.

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In other Golfsmith International Holdings news, insider Mirae Asset Partners Private E sold 9,165,542 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $17.00, for a total value of $155,814,214.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Several hedge funds and other institutional investors have recently made changes to their positions in GOLF. Bank of New York Mellon Corp boosted its position in shares of Golfsmith International Holdings by 9.8% during the first quarter. Bank of New York Mellon Corp now owns 83,003 shares of the specialty retailer’s stock worth $1,434,000 after purchasing an additional 7,408 shares in the last quarter. American International Group Inc. bought a new position in shares of Golfsmith International Holdings during the first quarter worth $227,000. TIAA CREF Investment Management LLC boosted its position in shares of Golfsmith International Holdings by 0.3% during the first quarter. TIAA CREF Investment Management LLC now owns 55,874 shares of the specialty retailer’s stock worth $966,000 after purchasing an additional 188 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Golfsmith International Holdings by 7.9% during the first quarter. Vanguard Group Inc. now owns 1,641,775 shares of the specialty retailer’s stock worth $28,370,000 after purchasing an additional 120,015 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Golfsmith International Holdings by 13.6% during the first quarter. Geode Capital Management LLC now owns 174,078 shares of the specialty retailer’s stock worth $3,008,000 after purchasing an additional 20,900 shares in the last quarter.

Golfsmith International Holdings Company Profile

Analyst Recommendations for Golfsmith International Holdings (NASDAQ:GOLF)

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