Zacks Research Has Bearish Forecast for COLM FY2027 Earnings

Columbia Sportswear (NASDAQ:COLM) – Equities researchers at Zacks Research cut their FY2027 earnings per share estimates for Columbia Sportswear in a report issued on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the textile maker will post earnings of $4.44 per share for the year, down from their prior estimate of $4.83. The consensus estimate for Columbia Sportswear’s current full-year earnings is $4.10 per share.

Columbia Sportswear (NASDAQ:COLM) last released its earnings results on Thursday, May 1st. The textile maker reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.07. The business had revenue of $778.45 million for the quarter, compared to analyst estimates of $763.50 million. Columbia Sportswear had a return on equity of 12.23% and a net margin of 6.63%. The company’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 earnings per share.

Other research analysts have also issued reports about the stock. Wall Street Zen lowered shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Wednesday, February 5th. UBS Group upped their target price on shares of Columbia Sportswear from $42.00 to $51.00 and gave the stock a “sell” rating in a research report on Monday, April 14th. Barclays lowered their target price on shares of Columbia Sportswear from $64.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Friday, May 2nd. Citigroup restated a “neutral” rating and set a $68.00 target price (down from $80.00) on shares of Columbia Sportswear in a research report on Monday, April 7th. Finally, Stifel Nicolaus lowered their target price on shares of Columbia Sportswear from $91.00 to $75.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $70.00.

Columbia Sportswear Stock Up 0.3%

Shares of Columbia Sportswear stock opened at $64.92 on Thursday. Columbia Sportswear has a 52-week low of $58.44 and a 52-week high of $92.88. The company’s 50-day simple moving average is $68.03 and its 200-day simple moving average is $79.37. The firm has a market cap of $3.58 billion, a price-to-earnings ratio of 16.78, a price-to-earnings-growth ratio of 2.54 and a beta of 1.00.

Institutional Trading of Columbia Sportswear

Several large investors have recently modified their holdings of COLM. Boston Trust Walden Corp boosted its stake in shares of Columbia Sportswear by 0.3% during the fourth quarter. Boston Trust Walden Corp now owns 1,284,140 shares of the textile maker’s stock valued at $107,778,000 after acquiring an additional 3,214 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Columbia Sportswear by 10.0% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,207,605 shares of the textile maker’s stock valued at $101,355,000 after acquiring an additional 109,488 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Columbia Sportswear by 12.7% during the first quarter. American Century Companies Inc. now owns 997,013 shares of the textile maker’s stock valued at $75,464,000 after acquiring an additional 112,282 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Columbia Sportswear by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 564,422 shares of the textile maker’s stock valued at $47,372,000 after acquiring an additional 13,800 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Columbia Sportswear by 25.3% during the fourth quarter. Invesco Ltd. now owns 530,600 shares of the textile maker’s stock valued at $44,533,000 after acquiring an additional 107,157 shares during the last quarter. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Columbia Sportswear

In other news, EVP Richelle T. Luther sold 4,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $92.36, for a total value of $369,440.00. Following the sale, the executive vice president now directly owns 14,283 shares in the company, valued at $1,319,177.88. This represents a 21.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen E. Babson sold 2,776 shares of the stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $65.94, for a total transaction of $183,049.44. Following the completion of the sale, the director now owns 128,309 shares in the company, valued at $8,460,695.46. This represents a 2.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. 44.70% of the stock is owned by corporate insiders.

Columbia Sportswear Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.85%. The ex-dividend date is Thursday, May 22nd. Columbia Sportswear’s dividend payout ratio (DPR) is 30.69%.

Columbia Sportswear Company Profile

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.