BTIG Research Reiterates “Buy” Rating for Columbia Sportswear (NASDAQ:COLM)

Columbia Sportswear (NASDAQ:COLM)‘s stock had its “buy” rating restated by equities researchers at BTIG Research in a note issued to investors on Friday,Benzinga reports. They presently have a $75.00 price target on the textile maker’s stock. BTIG Research’s target price would suggest a potential upside of 51.12% from the company’s previous close.

COLM has been the topic of several other research reports. Barclays decreased their price objective on Columbia Sportswear from $62.00 to $51.00 and set an “equal weight” rating on the stock in a research note on Friday, August 1st. Zacks Research downgraded Columbia Sportswear from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 30th. Stifel Nicolaus decreased their target price on Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday. Citigroup decreased their target price on Columbia Sportswear from $64.00 to $61.00 and set a “neutral” rating on the stock in a research note on Friday, August 1st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Columbia Sportswear in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $61.50.

Columbia Sportswear Stock Down 3.6%

NASDAQ COLM opened at $49.63 on Friday. The stock’s 50-day moving average price is $53.53 and its 200-day moving average price is $58.40. Columbia Sportswear has a 52 week low of $47.47 and a 52 week high of $92.88. The company has a market capitalization of $2.72 billion, a P/E ratio of 12.66 and a beta of 0.98.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data 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 return on equity of 12.97% and a net margin of 6.59%.The firm had revenue of $943.43 million for the quarter, compared to the consensus estimate of $917.02 million. During the same quarter last year, the company earned $1.56 earnings per share. The business’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. FY 2025 guidance at 3.010-3.310 EPS. Research analysts anticipate that Columbia Sportswear will post 4.1 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Sellwood Investment Partners LLC bought a new position in shares of Columbia Sportswear during the 3rd quarter valued at approximately $26,000. Elevation Point Wealth Partners LLC bought a new position in shares of Columbia Sportswear during the 2nd quarter valued at approximately $31,000. CX Institutional bought a new position in shares of Columbia Sportswear during the 3rd quarter valued at approximately $31,000. Quent Capital LLC bought a new position in shares of Columbia Sportswear during the 3rd quarter valued at approximately $36,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Columbia Sportswear during the 1st quarter valued at approximately $38,000. Institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Company Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.