Media coverage about Golfsmith International (NASDAQ:GOLF) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Golfsmith International earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the specialty retailer an impact score of 46.9052877670584 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of brokerages have recently commented on GOLF. Compass Point downgraded shares of Golfsmith International from a “buy” rating to a “neutral” rating and set a $24.00 price objective for the company. in a research report on Monday, March 19th. SunTrust Banks reissued a “buy” rating and issued a $24.00 price objective on shares of Golfsmith International in a research report on Friday, January 26th. Zacks Investment Research downgraded shares of Golfsmith International from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. KeyCorp set a $26.00 price objective on shares of Golfsmith International and gave the company a “buy” rating in a research report on Wednesday, March 7th. Finally, Imperial Capital reissued an “in-line” rating and issued a $22.00 price objective (up previously from $17.50) on shares of Golfsmith International in a research report on Thursday, March 8th. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $22.79.
Shares of GOLF stock opened at $24.02 on Wednesday. Golfsmith International has a 52 week low of $15.16 and a 52 week high of $24.41.
Golfsmith International (NASDAQ:GOLF) last issued its quarterly earnings data on Wednesday, March 7th. The specialty retailer reported $0.16 earnings per share for the quarter, hitting the consensus estimate of $0.16. The business had revenue of $351.40 million during the quarter, compared to analyst estimates of $341.91 million. The company’s revenue for the quarter was up 6.5% on a year-over-year basis.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Monday, March 19th were paid a $0.13 dividend. This is a boost from Golfsmith International’s previous quarterly dividend of $0.12. The ex-dividend date was Friday, March 16th. This represents a $0.52 annualized dividend and a yield of 2.16%.
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About Golfsmith International
Golfsmith International Holdings, Inc, the parent company of Golfsmith International, Inc, is a holding company. The Company is a specialty retailer of golf and tennis equipment, apparel, footwear and accessories. The Company operates as an integrated multi-channel retailer, providing its customers the convenience of shopping in the retail stores across United States, through its Internet site, www.golfsmith.com, and from its catalogs.
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