Columbia sportswear

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

Columbia Sportswear (NASDAQ:COLM – Get Rating) updated its earnings guidance for fiscal 2025 on Saturday. 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.

A Wall Street analyst gives his opinion

A number of analysts have weighed in on the company. Robert W. Baird cut his price target on Columbia Sportswear from $85.00 to $82.00 and set a neutral rating for the company in a research report Thursday, July 28. Cowen raised its price target on Columbia Sportswear from $85.00 to $86.00 and gave the company an outperform rating in a Tuesday, September 27 report. Stifel Nicolaus reduced his price target on Columbia Sportswear from $100.00 to $81.00 in a Wednesday, July 20 report. StockNews.com upgraded Columbia Sportswear from a buy rating to a hold rating in a Friday, August 5, report. Finally, UBS Group reduced its price target on Columbia Sportswear from $83.00 to $80.00 and set a neutral rating for the company in a Thursday, July 28 report. One analyst rated the security with a sell rating, five assigned a hold rating and four assigned a buy rating. Based on data from MarketBeat, the stock currently has a consensus rating of Hold and an average price target of $86.50.

Columbia Sportswear Inventory Performance

Shares of Columbia Sportswear opened at $72.77 on Friday. The company has a market capitalization of $4.58 billion, a price-earnings ratio of 14.41, a PEG ratio of 1.45 and a beta of 0.86. Columbia Sportswear has a fifty-two week low of $65.02 and a fifty-two week high of $107.50. The stock has a fifty-day moving average of $72.80 and a two-hundred-day moving average of $77.23.

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

Columbia Sportswear Announces Dividend

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 a dividend of $1.20 on an annualized basis and a yield of 1.65%. The ex-dividend date was Tuesday, August 16. Columbia Sportswear’s dividend payout ratio (DPR) is currently 23.76%.

Insider Buying and Selling at Columbia Sportswear

Separately, Chief Financial Officer Jim A. Swanson acquired 500 shares of Columbia Sportswear in a transaction on Monday, August 29. The shares were purchased at an average price of $72.99 per share, for a total transaction of $36,495.00. Following the completion of the purchase, the CFO now directly owns 5,197 shares of the company, valued at approximately $379,329.03. The purchase was disclosed in a filing with the Securities & Exchange Commission, accessible via the SEC’s website. 42.37% of the shares are held by insiders of the company.

Institutional entries and exits

Several institutional investors have recently changed their stake in COLM. Raymond James & Associates increased its stake in shares of Columbia Sportswear by 23.4% in the first quarter. Raymond James & Associates now owns 18,898 shares of the textile maker worth $1,711,000 after acquiring 3,588 more shares last quarter. US Bancorp DE increased its stake in Columbia Sportswear by 19.8% in the first quarter. US Bancorp DE now owns 823 shares of the textile maker valued at $75,000 after buying 136 additional shares last quarter. PNC Financial Services Group Inc. increased its stake in Columbia Sportswear by 14.3% during the first quarter. PNC Financial Services Group Inc. now owns 2,112 shares of the textile maker valued at $192,000 after buying an additional 264 shares last quarter. MetLife Investment Management LLC increased its stake in Columbia Sportswear by 34.6% in Q1. MetLife Investment Management LLC now owns 22,554 shares of the textile maker worth $2,042,000 after buying 5,803 additional shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Columbia Sportswear by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,668 shares of the textile maker worth $1,147,000 after buying 1,208 additional shares in the last quarter. Institutional investors and hedge funds hold 48.56% of the company’s shares.

About Columbia Sportswear

(Get an assessment)

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.

Featured articles

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

This instant news alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Before you consider Columbia Sportswear, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and Columbia Sportswear didn’t make the list.

While Columbia Sportswear currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here