Columbia Sportswear (NASDAQ:COLM – Get Ranking) issued an replace on its FY 2025 earnings steerage on Saturday morning. The corporate supplied earnings per share (EPS) steerage of $7.35-$7.95 for the interval. The corporate issued income steerage of $4.50 billion-$4.70 billion. Columbia Sportswear additionally up to date its FY 2022 steerage to $5.00-$5.40 EPS.
Columbia Sportswear Inventory Down 2.0 %
Shares of NASDAQ:COLM opened at $67.30 on Friday. The corporate’s fifty day shifting common is $72.90 and its two-hundred day shifting common is $77.95. Columbia Sportswear has a 12-month low of $65.02 and a 12-month excessive of $107.50. The corporate has a market cap of $4.23 billion, a P/E ratio of 13.33, a price-to-earnings-growth ratio of 1.32 and a beta of 0.88.
Columbia Sportswear (NASDAQ:COLM – Get Ranking) final posted its quarterly earnings outcomes on Wednesday, July twenty seventh. The textile maker reported $0.11 EPS for the quarter, beating the consensus estimate of $0.04 by $0.07. Columbia Sportswear had a web margin of 10.13% and a return on fairness of 17.87%. The enterprise had income of $578.06 million for the quarter, in comparison with analysts’ expectations of $592.35 million. Throughout the identical interval within the earlier 12 months, the corporate posted $0.61 EPS. Columbia Sportswear’s income was up 2.1% on a year-over-year foundation. Equities analysis analysts anticipate that Columbia Sportswear will publish 5.17 earnings per share for the present 12 months.
Columbia Sportswear Dividend Announcement
The enterprise additionally just lately declared a quarterly dividend, which was paid on Wednesday, August thirty first. Stockholders of document on Wednesday, August seventeenth have been issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.78%. The ex-dividend date was Tuesday, August sixteenth. Columbia Sportswear’s dividend payout ratio is at present 23.76%.
Analyst Rankings Modifications
A number of equities analysts have just lately commented on COLM shares. Cowen boosted their value goal on shares of Columbia Sportswear from $85.00 to $86.00 and gave the corporate an outperform score in a report on Tuesday. StockNews.com lower shares of Columbia Sportswear from a purchase score to a maintain score in a report on Friday, August fifth. Cowen upped their value goal on shares of Columbia Sportswear from $85.00 to $86.00 and gave the inventory an outperform score in a report on Tuesday. Citigroup decreased their value goal on shares of Columbia Sportswear from $98.00 to $80.00 in a report on Thursday, July twenty eighth. Lastly, UBS Group decreased their value goal on shares of Columbia Sportswear from $83.00 to $80.00 and set a impartial score for the corporate in a report on Thursday, July twenty eighth. One funding analyst has rated the inventory with a promote score, 5 have given a maintain score and 4 have assigned a purchase score to the corporate’s inventory. In response to information from MarketBeat.com, Columbia Sportswear presently has a mean score of Maintain and a mean value goal of $86.50.
Insiders Place Their Bets
In different information, CFO Jim A. Swanson purchased 500 shares of the enterprise’s inventory in a transaction on Monday, August twenty ninth. The inventory was bought at a mean value of $72.99 per share, with a complete worth of $36,495.00. Following the transaction, the chief monetary officer now instantly owns 5,197 shares within the firm, valued at $379,329.03. The acquisition was disclosed in a authorized submitting with the SEC, which is accessible via the SEC web site. Firm insiders personal 42.37% of the corporate’s inventory.
Institutional Inflows and Outflows
Plenty of institutional traders and hedge funds have just lately purchased and bought shares of the corporate. US Bancorp DE raised its place in shares of Columbia Sportswear by 19.8% in the course of the first quarter. US Bancorp DE now owns 823 shares of the textile maker’s inventory valued at $75,000 after shopping for an extra 136 shares over the past quarter. PNC Monetary Companies Group Inc. raised its place in shares of Columbia Sportswear by 14.3% in the course of the first quarter. PNC Monetary Companies Group Inc. now owns 2,112 shares of the textile maker’s inventory valued at $192,000 after shopping for an extra 264 shares over the past quarter. Credit score Suisse AG raised its place in shares of Columbia Sportswear by 0.8% in the course of the second quarter. Credit score Suisse AG now owns 32,444 shares of the textile maker’s inventory valued at $2,322,000 after shopping for an extra 264 shares over the past quarter. Yousif Capital Administration LLC raised its place in shares of Columbia Sportswear by 1.9% in the course of the first quarter. Yousif Capital Administration LLC now owns 18,561 shares of the textile maker’s inventory valued at $1,680,000 after shopping for an extra 353 shares over the past quarter. Lastly, Lazard Asset Administration LLC acquired a brand new place in shares of Columbia Sportswear in the course of the first quarter valued at about $45,000. Institutional traders and hedge funds personal 48.56% of the corporate’s inventory.
Columbia Sportswear Firm Profile
Columbia Sportswear Firm, along with its subsidiaries, designs, sources, markets, and distributes outside, energetic, and on a regular basis life-style attire, footwear, equipment, and gear in the USA, Latin America, the Asia Pacific, Europe, the Center East, Africa, and Canada. The corporate gives attire, equipment, and gear which are utilized in varied actions, reminiscent of snowboarding, snowboarding, mountaineering, climbing, mountaineering, tenting, searching, fishing, path operating, water sports activities, yoga, golf, and journey journey.
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