Wall Street Zen Upgrades Columbia Sportswear (NASDAQ:COLM) to "Strong-Buy"

Key Points

• Wall Street Zen upgraded Columbia Sportswear from “buy” to “strong-buy,” though the broader analyst consensus remains “hold” with a $65.40 average price target.
• Columbia Sportswear reported quarterly EPS of $0.52, exceeding estimates of a $0.39 loss, while revenue reached $614.36 million, up 1.5% year over year and above expectations.
• The stock opened at $57.27, compared with a 52-week range of $47.47 to $69.06; institutional investors own approximately 47.76% of the company.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a note issued to investors on Saturday, Wall Street Zen reports.

A number of other research analysts have also weighed in on the company. Weiss Ratings raised Columbia Sportswear from a "sell (d+)" rating to a "hold (c)" rating in a report on Monday, August 17th. Stifel Nicolaus set a $67.00 price objective on shares of Columbia Sportswear and gave the company a "buy" rating in a research report on Friday, July 31st. Robert W. Baird set a $65.00 price objective on shares of Columbia Sportswear in a research note on Friday, July 31st. Citigroup reaffirmed a "neutral" rating and set a $68.00 target price (up from $67.00) on shares of Columbia Sportswear in a report on Wednesday, July 22nd. Finally, BTIG Research reiterated a "buy" rating and issued a $80.00 target price on shares of Columbia Sportswear in a research note on Friday, July 31st. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Columbia Sportswear presently has a consensus rating of "Hold" and a consensus price target of $65.40.

Columbia Sportswear Price Performance

NASDAQ:COLM opened at $57.27 on Friday. Columbia Sportswear has a 1 year low of $47.47 and a 1 year high of $69.06. The stock's fifty day moving average price is $58.12 and its two-hundred day moving average price is $60.15. The company has a market cap of $2.93 billion, a P/E ratio of 14.88 and a beta of 0.93.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.91. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The company had revenue of $614.36 million during the quarter, compared to analysts' expectations of $606.97 million. During the same period in the previous year, the business earned ($0.19) earnings per share. The firm's quarterly revenue was up 1.5% compared to the same quarter last year. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. On average, analysts expect that Columbia Sportswear will post 3.58 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of COLM. Northwestern Mutual Wealth Management Co. bought a new stake in Columbia Sportswear during the second quarter valued at approximately $32,000. Parallel Advisors LLC increased its holdings in shares of Columbia Sportswear by 43.6% in the 1st quarter. Parallel Advisors LLC now owns 817 shares of the textile maker's stock worth $45,000 after buying an additional 248 shares during the last quarter. Versant Capital Management Inc raised its position in shares of Columbia Sportswear by 330.8% during the 2nd quarter. Versant Capital Management Inc now owns 840 shares of the textile maker's stock valued at $52,000 after buying an additional 645 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of Columbia Sportswear by 72.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 888 shares of the textile maker's stock valued at $49,000 after buying an additional 373 shares in the last quarter. Finally, Trust Co. of Vermont bought a new stake in shares of Columbia Sportswear during the 2nd quarter worth $39,000. 47.76% of the stock is currently owned by institutional investors.

About Columbia Sportswear

Columbia Sportswear Company is a global outdoor and active-lifestyle apparel, footwear, accessories and equipment company headquartered in Portland, Oregon. Its product portfolio is designed for activities including hiking, skiing, snowboarding, trail use and other outdoor pursuits, while also serving everyday casual and active consumers.

The company markets products under the Columbia, SOREL, Mountain Hardwear and prAna brands. Columbia offers technical and everyday outdoor apparel, footwear and accessories; SOREL focuses primarily on fashion-oriented and performance footwear; Mountain Hardwear specializes in technical outdoor apparel and equipment; and prAna offers clothing associated with yoga, climbing, travel and other active lifestyles.

Columbia Sportswear sells its products through wholesale distributors and retailers, company-operated stores and e-commerce websites.

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