Columbia Sportswear (NASDAQ:COLM) Raised to “Hold” at Wall Street Zen

Columbia Sportswear (NASDAQ:COLM) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Several other equities research analysts also recently weighed in on the stock. Stifel Nicolaus decreased their target price on shares of Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Zacks Research raised Columbia Sportswear from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. UBS Group reaffirmed a “sell” rating and set a $39.00 price objective (up from $38.00) on shares of Columbia Sportswear in a research report on Thursday, January 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Columbia Sportswear in a report on Monday, December 29th. Finally, Citigroup cut their price target on Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating for the company in a research note on Monday, November 3rd. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $56.00.

Columbia Sportswear Stock Performance

NASDAQ:COLM opened at $53.93 on Friday. Columbia Sportswear has a 1 year low of $47.47 and a 1 year high of $92.88. The stock has a market cap of $2.91 billion, a P/E ratio of 16.29 and a beta of 0.90. The stock has a 50-day simple moving average of $54.67 and a 200-day simple moving average of $54.94.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings results on Thursday, October 30th. The textile maker reported $1.41 EPS for the quarter, topping the consensus estimate of $1.25 by $0.16. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. The firm had revenue of $943.43 million for the quarter, compared to analyst estimates of $917.02 million. During the same period last year, the business earned $1.56 EPS. Columbia Sportswear’s revenue for the quarter was up 1.2% compared to the same quarter last year. 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. On average, equities research analysts predict that Columbia Sportswear will post 4.1 EPS for the current year.

Institutional Investors Weigh In On Columbia Sportswear

Institutional investors and hedge funds have recently modified their holdings of the company. Sellwood Investment Partners LLC acquired a new position in Columbia Sportswear during the third quarter worth $26,000. Fifth Third Bancorp increased its position in shares of Columbia Sportswear by 630.0% in the third quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock valued at $27,000 after buying an additional 441 shares in the last quarter. Allworth Financial LP raised its stake in shares of Columbia Sportswear by 690.0% during the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock worth $29,000 after buying an additional 483 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Columbia Sportswear by 250.0% in the 3rd quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock worth $30,000 after buying an additional 415 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Columbia Sportswear in the 2nd quarter worth about $31,000. Institutional investors and hedge funds 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.