Columbia Sportswear (NASDAQ:COLM – Get Ranking) noticed a major drop in brief curiosity within the month of September. As of September fifteenth, there was brief curiosity totalling 1,200,000 shares, a drop of 8.4% from the August thirty first complete of 1,310,000 shares. Based mostly on a median each day quantity of 356,100 shares, the short-interest ratio is presently 3.4 days. Presently, 3.7% of the shares of the inventory are bought brief.
Columbia Sportswear Value Efficiency
Columbia Sportswear inventory traded down $1.34 throughout buying and selling on Friday, reaching $67.30. 673,740 shares of the corporate had been exchanged, in comparison with its common quantity of 344,705. Columbia Sportswear has a 52-week low of $65.02 and a 52-week excessive of $107.50. The corporate has a market capitalization of $4.23 billion, a P/E ratio of 13.33, a PEG ratio of 1.32 and a beta of 0.88. The inventory’s 50 day easy transferring common is $72.90 and its two-hundred day easy transferring common is $77.73.
Columbia Sportswear (NASDAQ:COLM – Get Ranking) final introduced its quarterly earnings knowledge on Wednesday, July twenty seventh. The textile maker reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.07. Columbia Sportswear had a return on fairness of 17.87% and a web margin of 10.13%. The agency had income of $578.06 million for the quarter, in comparison with the consensus estimate of $592.35 million. Throughout the identical quarter final 12 months, the enterprise posted $0.61 earnings per share. The agency’s income was up 2.1% in comparison with the identical quarter final 12 months. As a gaggle, equities analysts forecast that Columbia Sportswear will put up 5.17 earnings per share for the present 12 months.
Columbia Sportswear Broadcasts Dividend
The agency additionally just lately introduced a quarterly dividend, which was paid on Wednesday, August thirty first. Shareholders of report on Wednesday, August seventeenth got a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, August sixteenth. This represents a $1.20 dividend on an annualized foundation and a yield of 1.78%. Columbia Sportswear’s dividend payout ratio is at the moment 23.76%.
Insider Shopping for and Promoting at Columbia Sportswear
In different Columbia Sportswear information, CFO Jim A. Swanson acquired 500 shares of the corporate’s inventory in a transaction on Monday, August twenty ninth. The shares had been purchased at a median value of $72.99 per share, with a complete worth of $36,495.00. Following the completion of the acquisition, the chief monetary officer now owns 5,197 shares within the firm, valued at $379,329.03. The acquisition was disclosed in a submitting with the Securities & Change Fee, which could be accessed by the SEC web site. 42.37% of the inventory is owned by company insiders.
Institutional Buyers Weigh In On Columbia Sportswear
A variety of institutional traders and hedge funds have just lately added to or decreased their stakes within the enterprise. US Bancorp DE raised its place in Columbia Sportswear by 19.8% within the first quarter. US Bancorp DE now owns 823 shares of the textile maker’s inventory valued at $75,000 after buying a further 136 shares throughout the interval. Crossmark World Holdings Inc. raised its place in Columbia Sportswear by 1.0% within the second quarter. Crossmark World Holdings Inc. now owns 14,580 shares of the textile maker’s inventory valued at $1,043,000 after buying a further 150 shares throughout the interval. Yousif Capital Administration LLC raised its place in Columbia Sportswear by 0.9% within the second quarter. Yousif Capital Administration LLC now owns 18,731 shares of the textile maker’s inventory valued at $1,341,000 after buying a further 170 shares throughout the interval. State of Alaska Division of Income raised its holdings in shares of Columbia Sportswear by 1.7% within the 2nd quarter. State of Alaska Division of Income now owns 11,230 shares of the textile maker’s inventory valued at $803,000 after shopping for a further 189 shares throughout the interval. Lastly, WINTON GROUP Ltd raised its holdings in shares of Columbia Sportswear by 0.9% within the 1st quarter. WINTON GROUP Ltd now owns 21,056 shares of the textile maker’s inventory valued at $1,906,000 after shopping for a further 190 shares throughout the interval. Hedge funds and different institutional traders personal 48.56% of the corporate’s inventory.
Wall Road Analyst Weigh In
A variety of brokerages have just lately issued studies on COLM. Robert W. Baird lowered their worth goal on Columbia Sportswear from $85.00 to $82.00 and set a “impartial” ranking on the inventory in a analysis be aware on Thursday, July twenty eighth. UBS Group lowered their worth goal on Columbia Sportswear from $83.00 to $80.00 and set a “impartial” ranking on the inventory in a analysis be aware on Thursday, July twenty eighth. Citigroup lowered their worth goal on Columbia Sportswear from $98.00 to $80.00 in a analysis be aware on Thursday, July twenty eighth. Cowen lifted their worth goal on Columbia Sportswear from $85.00 to $86.00 and gave the inventory an “outperform” ranking in a analysis be aware on Tuesday, September twenty seventh. Lastly, Stifel Nicolaus lowered their worth goal on Columbia Sportswear from $100.00 to $81.00 in a analysis be aware on Wednesday, July twentieth. One analyst has rated the inventory with a promote ranking, 5 have assigned a maintain ranking and 4 have assigned a purchase ranking to the inventory. In keeping with knowledge from MarketBeat, the inventory presently has a consensus ranking of “Maintain” and a consensus goal worth of $86.50.
Columbia Sportswear Firm Profile
Columbia Sportswear Firm, along with its subsidiaries, designs, sources, markets, and distributes outside, lively, and on a regular basis life-style attire, footwear, equipment, and tools in america, Latin America, the Asia Pacific, Europe, the Center East, Africa, and Canada. The corporate gives attire, equipment, and tools which might be utilized in varied actions, resembling snowboarding, snowboarding, climbing, climbing, mountaineering, tenting, searching, fishing, path working, water sports activities, yoga, golf, and journey journey.
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This prompt information alert was generated by narrative science know-how and monetary knowledge from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected].
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