The stock of Columbia Banking System, Inc (COLB) has gone up by 2.61% for the week, with a -14.09% drop in the past month and a 5.89% rise in the past quarter. The volatility ratio for the week is 2.86%, and the volatility levels for the past 30 days are 2.69% for COLB. The simple moving average for the last 20 days is -5.80% for COLB stock, with a simple moving average of 17.03% for the last 200 days.
Is It Worth Investing in Columbia Banking System, Inc (NASDAQ: COLB) Right Now?
Columbia Banking System, Inc (NASDAQ: COLB) has a higher price-to-earnings ratio of 11.88x compared to its average ratio. COLB has 36-month beta value of 0.63. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 0 as “sell.”
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The public float for COLB is 207.76M, and currently, short sellers hold a 1.99% ratio of that float. The average trading volume of COLB on December 27, 2024 was 1.59M shares.
COLB) stock’s latest price update
Columbia Banking System, Inc (NASDAQ: COLB)’s stock price has plunge by -0.25relation to previous closing price of 27.57. Nevertheless, the company has seen a 2.61% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-23 that Columbia Banking System: A Good Dividend Pick With Short-Term Price Uncertainty
Analysts’ Opinion of COLB
Wedbush, on the other hand, stated in their research note that they expect to see COLB reach a price target of $31, previously predicting the price at $28. The rating they have provided for COLB stocks is “Outperform” according to the report published on September 24th, 2024.
Barclays gave a rating of “Equal Weight” to COLB, setting the target price at $20 in the report published on March 08th of the current year.
COLB Trading at -6.35% from the 50-Day Moving Average
After a stumble in the market that brought COLB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.29% of loss for the given period.
Volatility was left at 2.69%, however, over the last 30 days, the volatility rate increased by 2.86%, as shares sank -13.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.18% upper at present.
During the last 5 trading sessions, COLB rose by +2.61%, which changed the moving average for the period of 200-days by +42.71% in comparison to the 20-day moving average, which settled at $29.19. In addition, Columbia Banking System, Inc saw 3.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COLB starting from SEATON ELIZABETH WHITEHEAD, who purchase 2,685 shares at the price of $18.48 back on Feb 06 ’24. After this action, SEATON ELIZABETH WHITEHEAD now owns 25,001 shares of Columbia Banking System, Inc, valued at $49,619 using the latest closing price.
Lund Randal Lee, the Director of Columbia Banking System, Inc, purchase 1,000 shares at $19.29 during a trade that took place back on Feb 01 ’24, which means that Lund Randal Lee is holding 17,149 shares at $19,288 based on the most recent closing price.
Stock Fundamentals for COLB
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.97 for the gross margin
The net margin for Columbia Banking System, Inc stands at 0.17. The total capital return value is set at 0.04. Equity return is now at value 9.77, with 0.93 for asset returns.
Based on Columbia Banking System, Inc (COLB), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.77. The interest coverage ratio of the stock is 0.88.
When we switch over and look at the enterprise to sales, we see a ratio of 2.68. The receivables turnover for the company is 1.76for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.
Conclusion
To put it simply, Columbia Banking System, Inc (COLB) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
