Columbia Sportswear (NASDAQ:COLM) Raised to Strong-Buy at Zacks Research

Columbia Sportswear (NASDAQ:COLM) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

COLM has been the subject of a number of other reports. Citigroup restated a “neutral” rating and set a $62.00 price objective (up from $55.00) on shares of Columbia Sportswear in a research report on Wednesday. Stifel Nicolaus upped their price objective on shares of Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday. BTIG Research reissued a “buy” rating and set a $75.00 target price on shares of Columbia Sportswear in a research note on Friday, January 30th. Robert W. Baird set a $63.00 target price on shares of Columbia Sportswear in a report on Wednesday. Finally, Wall Street Zen upgraded Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $60.50.

Columbia Sportswear Price Performance

COLM opened at $63.07 on Thursday. The company’s 50 day moving average price is $55.66 and its two-hundred day moving average price is $54.32. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 19.47 and a beta of 0.91. Columbia Sportswear has a fifty-two week low of $47.47 and a fifty-two week high of $92.88.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings results on Tuesday, February 3rd. The textile maker reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.51. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.03 billion. Columbia Sportswear had a net margin of 5.22% and a return on equity of 12.03%. Columbia Sportswear’s revenue was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.80 earnings per share. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. As a group, equities research analysts predict that Columbia Sportswear will post 4.1 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC grew its holdings in shares of Columbia Sportswear by 195.4% during the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after buying an additional 297 shares during the last quarter. Sellwood Investment Partners LLC bought a new position in Columbia Sportswear in the 3rd quarter valued at about $26,000. Fifth Third Bancorp boosted its stake in Columbia Sportswear by 630.0% during the 3rd quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock valued at $27,000 after purchasing an additional 441 shares during the last quarter. Allworth Financial LP increased its holdings in 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 purchasing an additional 483 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of Columbia Sportswear by 250.0% in the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock worth $30,000 after purchasing an additional 415 shares during the last quarter. Institutional investors and hedge funds own 47.76% of the company’s stock.

About Columbia Sportswear

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.