Weiss Ratings Reaffirms "Sell (D+)" Rating for Columbia Sportswear (NASDAQ:COLM)

Key Points

• Weiss Ratings has reaffirmed a "Sell (D+)" rating for Columbia Sportswear (NASDAQ:COLM), indicating a cautious outlook on the company's stock performance.
• Analysts have mixed opinions, with two rating it as a Buy, five as Hold, and three as Sell, reflecting a consensus price target of $63.17.
• Columbia Sportswear reported a net margin of 6.59% and a revenue increase of 6.1% year-over-year, despite posting an EPS of ($0.19) against expectations of ($0.28) for the last quarter.

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

Several other brokerages have also recently weighed in on COLM. Cfra Research upgraded Columbia Sportswear to a "hold" rating in a report on Monday, August 4th. Barclays decreased their target price on shares of Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. UBS Group decreased their target price on shares of Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating for the company in a research note on Friday, August 1st. Stifel Nicolaus set a $68.00 target price on shares of Columbia Sportswear in a research note on Wednesday. Finally, BTIG Research assumed coverage on shares of Columbia Sportswear in a research report on Tuesday, October 14th. They issued a "buy" rating and a $75.00 price objective for the company. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus price target of $63.17.

Columbia Sportswear Price Performance

Shares of COLM traded down $0.95 during mid-day trading on Friday, hitting $53.62. 563,753 shares of the company's stock were exchanged, compared to its average volume of 571,804. The company has a market cap of $2.94 billion, a PE ratio of 13.68 and a beta of 0.98. Columbia Sportswear has a 52 week low of $48.10 and a 52 week high of $92.88. The company has a 50-day simple moving average of $53.74 and a 200 day simple moving average of $58.98.

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

Institutional Trading of Columbia Sportswear

Institutional investors have recently added to or reduced their stakes in the company. Deutsche Bank AG boosted its stake in Columbia Sportswear by 449.1% in the 1st quarter. Deutsche Bank AG now owns 21,477 shares of the textile maker's stock valued at $1,626,000 after purchasing an additional 17,566 shares during the period. Trexquant Investment LP bought a new stake in shares of Columbia Sportswear in the first quarter valued at about $10,834,000. Dean Capital Management boosted its position in shares of Columbia Sportswear by 63.4% in the first quarter. Dean Capital Management now owns 24,956 shares of the textile maker's stock valued at $1,889,000 after acquiring an additional 9,684 shares during the period. Teacher Retirement System of Texas bought a new stake in Columbia Sportswear in the 1st quarter valued at about $518,000. Finally, Crossmark Global Holdings Inc. boosted its holdings in Columbia Sportswear by 18.4% in the 1st quarter. Crossmark Global Holdings Inc. now owns 42,989 shares of the textile maker's stock valued at $3,254,000 after purchasing an additional 6,693 shares during the period. 47.76% of the stock is currently owned by institutional investors.

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.

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