Zacks Research Downgrades Columbia Sportswear (NASDAQ:COLM) to Hold

Columbia Sportswear (NASDAQ:COLM) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

COLM has been the topic of a number of other research reports. Citigroup reaffirmed a “neutral” rating and issued a $62.00 target price (up from $55.00) on shares of Columbia Sportswear in a report on Wednesday, February 4th. Stifel Nicolaus increased their price objective on Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Columbia Sportswear in a research report on Monday, December 29th. UBS Group reiterated a “sell” rating and set a $44.00 target price (up from $39.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Finally, BTIG Research reissued a “buy” rating and issued a $75.00 price target on shares of Columbia Sportswear in a report on Friday, January 30th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $60.50.

Columbia Sportswear Price Performance

NASDAQ:COLM traded down $0.74 during midday trading on Monday, reaching $63.24. The stock had a trading volume of 43,937 shares, compared to its average volume of 683,420. The stock has a market capitalization of $3.31 billion, a P/E ratio of 19.58 and a beta of 0.89. Columbia Sportswear has a 1-year low of $47.47 and a 1-year high of $71.68. The firm’s fifty day simple moving average is $58.39 and its 200-day simple moving average is $55.75.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings results on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.51. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The firm’s revenue was down 2.4% compared to the same quarter last year. During the same period last year, the business posted $1.80 earnings per share. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. On average, equities research analysts anticipate that Columbia Sportswear will post 3.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its stake in Columbia Sportswear by 195.4% during the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after buying an additional 297 shares in the last quarter. Sellwood Investment Partners LLC bought a new position in shares of Columbia Sportswear during the 3rd quarter worth about $26,000. Fifth Third Bancorp boosted its position in shares of Columbia Sportswear by 630.0% during the 3rd quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock valued at $27,000 after acquiring an additional 441 shares in the last quarter. Allworth Financial LP boosted its position in shares of Columbia Sportswear by 690.0% during the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 483 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in Columbia Sportswear by 250.0% in the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock valued at $30,000 after acquiring an additional 415 shares during the period. 47.76% of the stock is owned by institutional investors.

Columbia Sportswear Company Profile

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.