Columbia sportswear

Columbia Sportswear (NASDAQ:COLM) Updates Fiscal 2025 Earnings Guidance

Columbia Sportswear (NASDAQ:COLM – Get Rating) released an update to its fiscal 2025 earnings guidance on Saturday morning. The company provided earnings guidance of $7.35 to $7.95 per share for the period. The company released revenue forecasts of $4.50 billion to $4.70 billion. Columbia Sportswear also updated its guidance for fiscal 2022 to $5.00 – $5.40 EPS.

Columbia Sportswear Inventory Performance

Shares of Columbia Sportswear opened at $72.66 on Friday. The company has a market capitalization of $4.57 billion, a P/E ratio of 14.39, a P/E/G ratio of 1.40 and a beta of 0.86. The company’s fifty-day moving average is $72.32 and its two-hundred-day moving average is $75.87. Columbia Sportswear has a 52-week low of $65.02 and a 52-week high of $107.50.

Columbia Sportswear (NASDAQ:COLM – Get Rating) last released its quarterly results on Wednesday, July 27. The textile maker reported earnings per share (EPS) of $0.11 for the quarter, beating the consensus estimate of $0.04 by $0.07. Columbia Sportswear had a return on equity of 17.87% and a net margin of 10.13%. The company posted revenue of $578.06 million for the quarter, versus analyst estimates of $592.35 million. In the same quarter a year earlier, the company posted earnings per share of $0.61. The company’s revenue for the quarter increased by 2.1% compared to the same quarter last year. On average, stock research analysts expect Columbia Sportswear to post 5.17 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 31. Shareholders of record on Wednesday August 17 received a dividend of $0.30 per share. This represents an annualized dividend of $1.20 and a dividend yield of 1.65%. The ex-dividend date was Tuesday, August 16. Columbia Sportswear’s dividend payout ratio (DPR) is currently 23.76%.

Analysts set new price targets

Several equity analysts have recently published reports on COLM shares. StockNews.com began covering Columbia Sportswear in a research note on Wednesday, October 12. They have set a holding rating on the stock. Citigroup reduced its target price on Columbia Sportswear from $98.00 to $80.00 in a Thursday, July 28 research note. Cowen raised its target price on Columbia Sportswear from $85.00 to $86.00 and gave the company an outperform rating in a Tuesday, September 27 research note. UBS Group reduced its target price on Columbia Sportswear from $83.00 to $80.00 and set a neutral rating on the stock in a Thursday, July 28 research note. Finally, Robert W. Baird lowered his price target on Columbia Sportswear from $85.00 to $82.00 and set a neutral rating on the stock in a Thursday, July 28 research note. One investment analyst has assigned the stock a sell rating, five have issued a hold rating and four have assigned the company a buy rating. According to data from MarketBeat, the company currently has an average rating of Hold and a consensus price target of $86.50.

Insiders place their bets

In other Columbia Sportswear news, Chief Financial Officer Jim A. Swanson bought 500 shares in a trade on Monday, August 29. The stock was purchased at an average price of $72.99 per share, for a total transaction of $36,495.00. Following the completion of the acquisition, the CFO now directly owns 5,197 shares of the company, valued at $379,329.03. The transaction was disclosed in a document filed with the SEC, accessible via this hyperlink. Company insiders own 42.37% of the company’s shares.

Institutional investors weigh in on Columbia Sportswear

Major investors have recently changed their stake in the company. Lazard Asset Management LLC bought a new position in shares of Columbia Sportswear during the first quarter for a value of approximately $45,000. US Bancorp DE increased its holdings of Columbia Sportswear shares by 19.8% in the first quarter. US Bancorp DE now owns 823 shares of the textile maker worth $75,000 after buying 136 more shares last quarter. Covestor Ltd increased its holdings of Columbia Sportswear shares by 523.6% in the first quarter. Covestor Ltd now owns 873 shares of the textile maker worth $79,000 after buying 733 more shares last quarter. PNC Financial Services Group Inc. increased its holdings of Columbia Sportswear shares by 14.3% in the first quarter. PNC Financial Services Group Inc. now owns 2,112 shares of the textile maker worth $192,000 after buying 264 additional shares last quarter. Finally, Verition Fund Management LLC bought a new position in shares of Columbia Sportswear during the first quarter for a value of approximately $227,000. 48.56% of the shares are currently held by institutional investors.

About Columbia Sportswear

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Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia-Pacific, Europe, the Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

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Earnings history and estimates for Columbia Sportswear (NASDAQ:COLM)

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