News articles about Golfsmith International (NASDAQ:GOLF) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Golfsmith International earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media coverage about the specialty retailer an impact score of 47.1676171365983 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Golfsmith International (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 consensus estimate of $0.09 by $0.03. The company had revenue of $347.30 million during the quarter, compared to analyst estimates of $339.73 million. Golfsmith International’s revenue for the quarter was up 2.4% compared to the same quarter last year.
Several brokerages have recently issued reports on GOLF. SunTrust Banks restated a “buy” rating and issued a $24.00 target price on shares of Golfsmith International in a report on Friday, January 26th. Zacks Investment Research downgraded Golfsmith International from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Jefferies Group set a $22.00 price objective on Golfsmith International and gave the company a “buy” rating in a research report on Thursday, October 26th. KeyCorp set a $20.00 price target on Golfsmith International and gave the company a “buy” rating in a research report on Saturday, October 21st. Finally, Imperial Capital upped their price target on Golfsmith International from $15.00 to $17.00 and gave the company an “in-line” rating in a research report on Friday, November 10th. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Golfsmith International currently has a consensus rating of “Buy” and a consensus price target of $20.25.
In related news, insider Mirae Asset Partners Private E sold 9,165,542 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $17.00, for a total transaction of $155,814,214.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
COPYRIGHT VIOLATION WARNING: “Somewhat Positive Press Coverage Somewhat Unlikely to Affect Golfsmith International (GOLF) Share Price” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this news story on another website, it was illegally copied and reposted in violation of international copyright & trademark laws. The original version of this news story can be read at https://www.dispatchtribunal.com/2018/02/05/golfsmith-international-golf-getting-somewhat-positive-news-coverage-study-shows.html.
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.
Receive News & Ratings for Golfsmith International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golfsmith International and related companies with MarketBeat.com's FREE daily email newsletter.