Columbia Sportswear (NASDAQ:COLM - Free Report) - Seaport Res Ptn cut their FY2026 earnings per share (EPS) estimates for Columbia Sportswear in a research note issued to investors on Tuesday, October 22nd. Seaport Res Ptn analyst M. Kummetz now expects that the textile maker will earn $4.31 per share for the year, down from their prior estimate of $4.53. The consensus estimate for Columbia Sportswear's current full-year earnings is $3.84 per share.
Columbia Sportswear (NASDAQ:COLM - Get Free Report) last posted its earnings results on Thursday, July 25th. The textile maker reported ($0.20) earnings per share for the quarter, beating analysts' consensus estimates of ($0.34) by $0.14. Columbia Sportswear had a return on equity of 13.01% and a net margin of 6.72%. The company had revenue of $570.20 million for the quarter, compared to the consensus estimate of $569.37 million. During the same quarter in the prior year, the company earned $0.14 earnings per share. Columbia Sportswear's revenue was down 8.2% on a year-over-year basis.
COLM has been the topic of a number of other research reports. Stifel Nicolaus raised Columbia Sportswear from a "hold" rating to a "buy" rating and increased their target price for the company from $84.00 to $92.00 in a report on Monday, July 8th. Wedbush reaffirmed a "neutral" rating and issued a $80.00 price objective on shares of Columbia Sportswear in a research note on Thursday, July 18th. Finally, StockNews.com downgraded Columbia Sportswear from a "buy" rating to a "hold" rating in a research note on Saturday, October 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $77.00.
Read Our Latest Stock Report on COLM
Columbia Sportswear Trading Down 2.1 %
COLM stock traded down $1.60 during trading on Friday, reaching $75.18. The stock had a trading volume of 367,356 shares, compared to its average volume of 453,269. Columbia Sportswear has a 52 week low of $66.01 and a 52 week high of $87.23. The stock's 50 day moving average is $81.42 and its two-hundred day moving average is $80.73. The firm has a market cap of $4.44 billion, a PE ratio of 18.58, a PEG ratio of 3.00 and a beta of 0.92.
Institutional Trading of Columbia Sportswear
Several institutional investors have recently made changes to their positions in COLM. State of Michigan Retirement System grew its position in shares of Columbia Sportswear by 2.4% during the first quarter. State of Michigan Retirement System now owns 8,474 shares of the textile maker's stock worth $688,000 after purchasing an additional 200 shares in the last quarter. Leeward Investments LLC MA grew its holdings in Columbia Sportswear by 4.0% during the 1st quarter. Leeward Investments LLC MA now owns 141,853 shares of the textile maker's stock valued at $11,516,000 after buying an additional 5,444 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Columbia Sportswear by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 129,929 shares of the textile maker's stock valued at $10,548,000 after buying an additional 3,231 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in Columbia Sportswear during the 1st quarter valued at approximately $970,000. Finally, BNP Paribas Financial Markets grew its holdings in Columbia Sportswear by 67.5% during the 1st quarter. BNP Paribas Financial Markets now owns 97,166 shares of the textile maker's stock valued at $7,888,000 after buying an additional 39,150 shares in the last quarter. Hedge funds and other institutional investors own 47.76% of the company's stock.
Columbia Sportswear Company Profile
(
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Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.
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