Columbia Sportswear Co. (NASDAQ: COLM)’s stock price has dropped by -0.97 in relation to previous closing price of 79.78. Nevertheless, the company has seen a gain of 4.59% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-25 that Columbia Sportswear (COLM) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.74 per share a year ago.
Is It Worth Investing in Columbia Sportswear Co. (NASDAQ: COLM) Right Now?
The price-to-earnings ratio for Columbia Sportswear Co. (NASDAQ: COLM) is above average at 19.17x, Company’s 36-month beta value is 0.94.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 6 as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for COLM is 33.43M, and currently, short sellers hold a 9.93% ratio of that floaft. The average trading volume of COLM on April 26, 2024 was 533.86K shares.
COLM’s Market Performance
COLM stock saw an increase of 4.59% in the past week, with a monthly gain of 0.11% and a quarterly increase of 0.79%. The volatility ratio for the week is 2.26%, and the volatility levels for the last 30 days are 2.03% for Columbia Sportswear Co. (COLM).. The simple moving average for the past 20 days is 2.77% for COLM’s stock, with a 3.08% simple moving average for the past 200 days.
Analysts’ Opinion of COLM
Many brokerage firms have already submitted their reports for COLM stocks, with UBS repeating the rating for COLM by listing it as a “Sell.” The predicted price for COLM in the upcoming period, according to UBS is $62 based on the research report published on January 05, 2024 of the current year 2024.
TD Cowen gave a rating of “Market Perform” to COLM, setting the target price at $83 in the report published on August 03rd of the previous year.
COLM Trading at 0.19% from the 50-Day Moving Average
After a stumble in the market that brought COLM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.33% of loss for the given period.
Volatility was left at 2.03%, however, over the last 30 days, the volatility rate increased by 2.26%, as shares sank -0.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.42% lower at present.
During the last 5 trading sessions, COLM rose by +4.59%, which changed the moving average for the period of 200-days by +2.44% in comparison to the 20-day moving average, which settled at $76.85. In addition, Columbia Sportswear Co. saw -0.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COLM starting from Nelson Ronald E., who sale 5,768 shares at the price of $82.05 back on Feb 22 ’24. After this action, Nelson Ronald E. now owns 16,857 shares of Columbia Sportswear Co., valued at $473,264 using the latest closing price.
BABSON STEPHEN E, the Director of Columbia Sportswear Co., sale 2,411 shares at $80.98 during a trade that took place back on Feb 12 ’24, which means that BABSON STEPHEN E is holding 122,879 shares at $195,243 based on the most recent closing price.
Stock Fundamentals for COLM
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.5 for the gross margin
The net margin for Columbia Sportswear Co. stands at 0.07. The total capital return value is set at 0.14. Equity return is now at value 12.98, with 8.39 for asset returns.
Based on Columbia Sportswear Co. (COLM), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 1.61. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 76.66.
Currently, EBITDA for the company is 440.63 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 1.37. The receivables turnover for the company is 9.38for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.38.
Conclusion
In a nutshell, Columbia Sportswear Co. (COLM) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
