Columbia Sportswear (NASDAQ:COLM) Stock Passes Above 200 Day Moving Average – What’s Next?

Columbia Sportswear Company (NASDAQ:COLMGet Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $54.99 and traded as high as $55.56. Columbia Sportswear shares last traded at $55.35, with a volume of 422,887 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. BTIG Research reaffirmed a “buy” rating and issued a $75.00 price target on shares of Columbia Sportswear in a report on Friday, October 31st. Wall Street Zen downgraded Columbia Sportswear from a “hold” rating to a “sell” rating in a report on Saturday, December 27th. Zacks Research raised Columbia Sportswear from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. Citigroup dropped their price target on shares of Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $56.00.

View Our Latest Analysis on Columbia Sportswear

Columbia Sportswear Stock Up 1.8%

The company has a 50 day simple moving average of $54.49 and a two-hundred day simple moving average of $54.99. The company has a market capitalization of $2.98 billion, a P/E ratio of 16.72 and a beta of 0.90.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last announced its quarterly earnings results on Thursday, October 30th. The textile maker reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.16. The firm had revenue of $943.43 million during the quarter, compared to analysts’ expectations of $917.02 million. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.56 EPS. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS and its FY 2025 guidance at 3.010-3.310 EPS. As a group, research analysts expect that Columbia Sportswear Company will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Thursday, November 20th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.2%. Columbia Sportswear’s dividend payout ratio (DPR) is presently 36.25%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. CWM LLC raised its position in shares of Columbia Sportswear by 1,362.1% in the third quarter. CWM LLC now owns 21,770 shares of the textile maker’s stock valued at $1,139,000 after purchasing an additional 20,281 shares during the period. Voya Investment Management LLC boosted its holdings in Columbia Sportswear by 50.1% during the first quarter. Voya Investment Management LLC now owns 27,401 shares of the textile maker’s stock valued at $2,074,000 after acquiring an additional 9,142 shares during the period. Boston Trust Walden Corp grew its position in shares of Columbia Sportswear by 0.5% in the second quarter. Boston Trust Walden Corp now owns 1,198,524 shares of the textile maker’s stock valued at $73,206,000 after purchasing an additional 5,491 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Columbia Sportswear in the second quarter worth about $335,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Columbia Sportswear during the 2nd quarter worth about $425,000. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Company Profile

(Get Free Report)

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.

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