Columbia Sportswear Co. (COLM) shares projected to rise by 1.25%

Columbia Sportswear Co. [COLM] stock is trading at $81.48, up 2.32%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The COLM shares have gain 2.13% over the last week, with a monthly amount glided 4.84%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Columbia Sportswear Co. [NASDAQ: COLM] stock has seen the most recent analyst activity on January 05, 2024, when UBS downgraded its rating to a Sell and also revised its price target to $62 from $76. Previously, Seaport Research Partners downgraded its rating to Neutral on October 20, 2023. On August 03, 2023, downgrade downgraded it’s rating to Market Perform and revised its price target to $83 on the stock. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $92 on April 25, 2023. BofA Securities downgraded its rating to a Underperform and reduced its price target to $80 on April 29, 2022. Cowen reiterated a Outperform rating for this stock on February 09, 2022, and upped its price target to $116. In a note dated January 28, 2022, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $120.

Columbia Sportswear Co. [COLM] stock has fluctuated between $66.01 and $86.11 over the past year. Currently, Wall Street analysts expect the stock to reach $82.5 within the next 12 months. Columbia Sportswear Co. [NASDAQ: COLM] shares were valued at $81.48 at the most recent close of the market. An investor can expect a potential return of 1.25% based on the average COLM price forecast.

Analyzing the COLM fundamentals

Columbia Sportswear Co. [NASDAQ:COLM] reported sales of 3.44B for the trailing twelve months, which represents a drop of -6.15%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.13 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 79.69 points at the first support level, and at 77.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 82.54, and for the 2nd resistance point, it is at 83.60.

Columbia Sportswear Co. [COLM] reported earnings per share of $0.71 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.35/share, meaning a difference of $0.36 and a surprise factor of 102.90%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $1.55 per share as compared to estimates of $1.95 per share, a difference of -$0.4 representing a surprise of -20.50%.

Ratios To Look Out For

For context, Columbia Sportswear Co.’s Current Ratio is 4.13. Further, the Quick Ratio stands at 2.77, while the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 1.42, the price to book ratio is 2.52 and price to earnings (TTM) ratio is 19.94.

Transactions by insiders

Recent insider trading involved Swanson Jim A, EVP & CFO, that happened on Apr 29 ’24 when 7199.0 shares were sold. Director, Nelson Ronald E. completed a deal on Feb 22 ’24 to sell 5768.0 shares. Meanwhile, Director BABSON STEPHEN E sold 2411.0 shares on Feb 12 ’24.

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