Columbia Sportswear's (COLM) "Sell (D+)" Rating Reiterated at Weiss Ratings

Key Points

• Columbia Sportswear has had its "Sell (D+)" rating confirmed by Weiss Ratings, indicating continued concerns about the stock's performance.
• Analysts from Citigroup and Barclays have cut their price targets for the company's shares, with current consensus ratings reflecting a cautious outlook with an average target of $60.80.
• The company's recent earnings report showed a positive earnings per share of ($0.19), surpassing expectations and reflecting a year-over-year revenue increase of 6.1%.

Columbia Sportswear (NASDAQ:COLM - Get Free Report)'s stock had its "sell (d+)" rating reiterated by equities researchers at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Several other analysts have also weighed in on COLM. Citigroup decreased their target price on shares of Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating on the stock in a research report on Friday, August 1st. Barclays reduced their price target on shares of Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating on the stock in a research report on Friday, August 1st. Cfra Research upgraded shares of Columbia Sportswear to a "hold" rating in a research report on Monday, August 4th. UBS Group reduced their price target on shares of Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating on the stock in a research report on Friday, August 1st. Finally, Stifel Nicolaus reduced their price target on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating on the stock in a research report on Friday, August 1st. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average target price of $60.80.

Columbia Sportswear Stock Up 2.2%

NASDAQ COLM traded up $1.16 during midday trading on Wednesday, hitting $53.19. The company had a trading volume of 307,120 shares, compared to its average volume of 673,664. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 13.57 and a beta of 0.98. The firm has a fifty day simple moving average of $53.69 and a two-hundred day simple moving average of $60.70. Columbia Sportswear has a fifty-two week low of $48.10 and a fifty-two week high of $92.88.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The textile maker reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.28) by $0.09. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.97%. The company had revenue of $605.25 million for the quarter, compared to analyst estimates of $587.97 million. During the same period last year, the business posted ($0.20) EPS. The business's quarterly revenue was up 6.1% on a year-over-year basis. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. As a group, equities analysts predict that Columbia Sportswear will post 4.1 earnings per share for the current year.

Institutional Investors Weigh In On Columbia Sportswear

A number of institutional investors and hedge funds have recently modified their holdings of COLM. Wealth Enhancement Advisory Services LLC raised its stake in shares of Columbia Sportswear by 10.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,185 shares of the textile maker's stock worth $519,000 after buying an additional 562 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Columbia Sportswear by 8,642.2% during the first quarter. GAMMA Investing LLC now owns 52,453 shares of the textile maker's stock worth $3,970,000 after buying an additional 51,853 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Columbia Sportswear during the first quarter worth approximately $1,097,000. Exchange Traded Concepts LLC bought a new stake in shares of Columbia Sportswear during the first quarter worth approximately $715,000. Finally, State of Alaska Department of Revenue increased its stake in Columbia Sportswear by 287.2% in the first quarter. State of Alaska Department of Revenue now owns 39,143 shares of the textile maker's stock valued at $2,962,000 after purchasing an additional 29,035 shares in the last quarter. 47.76% of the stock is owned by institutional investors.

About Columbia Sportswear

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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