Press coverage about Golfsmith International (NASDAQ:GOLF) has trended somewhat positive on Saturday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Golfsmith International earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the specialty retailer an impact score of 46.8125831655155 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Golfsmith International Holdings, Inc. (GOLF) Expected to Post Quarterly Sales of $441.46 Million (americanbankingnews.com)
- Golfsmith International Holdings, Inc. (GOLF) Expected to Post Earnings of $0.58 Per Share (americanbankingnews.com)
- Golfsmith International (GOLF) Stock Rating Lowered by Compass Point (americanbankingnews.com)
- Golfsmith International Holdings, Inc. (GOLF) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
GOLF stock traded down $0.37 during midday trading on Friday, hitting $23.14. The stock had a trading volume of 194,384 shares, compared to its average volume of 220,584. Golfsmith International has a 52-week low of $15.16 and a 52-week high of $24.41.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Monday, March 19th will be given a dividend of $0.13 per share. The ex-dividend date is Friday, March 16th. This represents a $0.52 annualized dividend and a dividend yield of 2.25%. This is an increase from Golfsmith International’s previous quarterly dividend of $0.12. Golfsmith International’s payout ratio is currently -866.67%.
Several analysts have recently issued reports on GOLF shares. KeyCorp upped their price objective on Golfsmith International from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. SunTrust Banks reaffirmed a “buy” rating and set a $24.00 price objective on shares of Golfsmith International in a report on Friday, January 26th. Zacks Investment Research cut Golfsmith International from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Jefferies Group reaffirmed a “buy” rating and set a $27.00 price objective on shares of Golfsmith International in a report on Wednesday, March 7th. Finally, Imperial Capital reaffirmed an “in-line” rating and set a $22.00 price objective (up from $17.50) on shares of Golfsmith International in a 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 stock presently has a consensus rating of “Hold” and a consensus target price of $22.79.
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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