Equities research analysts expect that Columbia Sportswear (NASDAQ:COLM) will announce $642.22 million in sales for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Columbia Sportswear’s earnings, with the highest sales estimate coming in at $645.40 million and the lowest estimate coming in at $638.90 million. Columbia Sportswear posted sales of $607.31 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 5.7%. The company is scheduled to issue its next earnings results on Thursday, April 25th.

On average, analysts expect that Columbia Sportswear will report full-year sales of $3.01 billion for the current year, with estimates ranging from $3.00 billion to $3.03 billion. For the next year, analysts anticipate that the business will post sales of $3.21 billion, with estimates ranging from $3.14 billion to $3.25 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Columbia Sportswear.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings results on Thursday, February 7th. The textile maker reported $1.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.27 by $0.41. Columbia Sportswear had a net margin of 9.57% and a return on equity of 16.79%. The company had revenue of $917.60 million for the quarter, compared to the consensus estimate of $859.06 million. During the same period last year, the firm posted $1.31 EPS. The company’s revenue for the quarter was up 18.2% on a year-over-year basis.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a research report on Wednesday, January 30th. Macquarie set a $118.00 price target on shares of Columbia Sportswear and gave the stock a “buy” rating in a research report on Friday, February 8th. Robert W. Baird raised their price target on shares of Columbia Sportswear from $95.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, February 8th. Canaccord Genuity restated a “hold” rating and issued a $104.00 price target (up from $93.00) on shares of Columbia Sportswear in a research report on Friday, February 8th. Finally, BidaskClub downgraded shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a research report on Friday, January 11th. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $106.53.

Shares of Columbia Sportswear stock traded down $2.10 during trading hours on Wednesday, reaching $103.19. The company’s stock had a trading volume of 116,392 shares, compared to its average volume of 376,386. Columbia Sportswear has a one year low of $74.28 and a one year high of $109.74. The company has a market cap of $7.18 billion, a P/E ratio of 25.73, a PEG ratio of 2.17 and a beta of 0.68.

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 18th. Investors of record on Thursday, March 7th were given a $0.24 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $0.96 annualized dividend and a yield of 0.93%. Columbia Sportswear’s dividend payout ratio is presently 23.94%.

In related news, CAO Peter J. Bragdon sold 10,824 shares of Columbia Sportswear stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $102.80, for a total value of $1,112,707.20. Following the sale, the chief accounting officer now directly owns 28,955 shares in the company, valued at approximately $2,976,574. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Edward S. George sold 5,630 shares of the firm’s stock in a transaction dated Wednesday, February 27th. The shares were sold at an average price of $105.19, for a total transaction of $592,219.70. Following the transaction, the director now directly owns 7,630 shares in the company, valued at approximately $802,599.70. The disclosure for this sale can be found here. Over the last quarter, insiders sold 81,919 shares of company stock worth $8,651,940. 56.68% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc increased its stake in Columbia Sportswear by 3.2% during the 3rd quarter. Vanguard Group Inc now owns 3,275,641 shares of the textile maker’s stock valued at $304,864,000 after buying an additional 100,703 shares during the period. Vanguard Group Inc. increased its stake in Columbia Sportswear by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 3,275,641 shares of the textile maker’s stock valued at $304,864,000 after buying an additional 100,703 shares during the period. BlackRock Inc. increased its stake in Columbia Sportswear by 3.0% during the 4th quarter. BlackRock Inc. now owns 1,362,689 shares of the textile maker’s stock valued at $114,588,000 after buying an additional 39,573 shares during the period. Acadian Asset Management LLC increased its stake in Columbia Sportswear by 6.3% during the 4th quarter. Acadian Asset Management LLC now owns 1,048,107 shares of the textile maker’s stock valued at $88,138,000 after buying an additional 62,346 shares during the period. Finally, Loomis Sayles & Co. L P increased its stake in Columbia Sportswear by 3.4% during the 3rd quarter. Loomis Sayles & Co. L P now owns 452,790 shares of the textile maker’s stock valued at $42,141,000 after buying an additional 15,016 shares during the period. 36.97% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Sportswear Company Profile

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor and active lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East and Africa, and Canada. The company provides apparel, accessories, and equipment that are used various outdoor activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports, yoga, golf, and adventure travel for men and women under the Columbia, Mountain Hardwear, SOREL, and prAna brands, as well as for youth under the Columbia brand name.

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Earnings History and Estimates for Columbia Sportswear (NASDAQ:COLM)

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