Columbia Sportswear (NASDAQ:COLM) Earns “Buy” Rating from BTIG Research

Columbia Sportswear (NASDAQ:COLM)‘s stock had its “buy” rating reissued by equities researchers at BTIG Research in a note issued to investors on Friday,Benzinga reports. They presently have a $75.00 price objective on the textile maker’s stock. BTIG Research’s price objective would indicate a potential upside of 24.46% from the company’s current price.

Several other equities research analysts have also recently issued reports on COLM. Zacks Research cut Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Citigroup reaffirmed a “neutral” rating and issued a $62.00 target price (up from $55.00) on shares of Columbia Sportswear in a report on Wednesday, February 4th. Robert W. Baird set a $63.00 target price on Columbia Sportswear in a report on Wednesday, February 4th. Stifel Nicolaus lifted their target price on Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Finally, UBS Group reaffirmed a “sell” rating and issued a $44.00 target price (up from $39.00) on shares of Columbia Sportswear in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $60.50.

Columbia Sportswear Stock Down 3.2%

NASDAQ:COLM opened at $60.26 on Friday. The business’s 50-day simple moving average is $58.34 and its two-hundred day simple moving average is $55.92. The stock has a market cap of $3.15 billion, a PE ratio of 18.60 and a beta of 0.89. Columbia Sportswear has a 52 week low of $47.47 and a 52 week high of $71.68.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings results on Tuesday, February 3rd. The textile maker reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.51. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The business’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period last year, the firm earned $1.80 earnings per share. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. Sell-side analysts anticipate that Columbia Sportswear will post 3.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of COLM. Dimensional Fund Advisors LP raised its stake in shares of Columbia Sportswear by 5.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,921,493 shares of the textile maker’s stock valued at $105,859,000 after acquiring an additional 96,260 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Columbia Sportswear by 19.6% during the fourth quarter. AQR Capital Management LLC now owns 1,161,128 shares of the textile maker’s stock valued at $63,967,000 after acquiring an additional 190,453 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Columbia Sportswear by 1.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,097,123 shares of the textile maker’s stock valued at $60,441,000 after acquiring an additional 13,499 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Columbia Sportswear by 3.2% during the third quarter. American Century Companies Inc. now owns 1,003,611 shares of the textile maker’s stock valued at $52,489,000 after acquiring an additional 31,085 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Columbia Sportswear by 25.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 589,882 shares of the textile maker’s stock valued at $32,497,000 after acquiring an additional 119,354 shares in the last quarter. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Company Profile

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.