Columbia Sportswear Co. (NASDAQ:COLM) – Equities researchers at FBR & Co issued their Q1 2017 earnings per share (EPS) estimates for Columbia Sportswear in a research note issued to investors on Wednesday. FBR & Co analyst S. Anderson anticipates that the firm will post earnings of $0.51 per share for the quarter. FBR & Co has a “Outperform” rating and a $68.00 price objective on the stock. FBR & Co also issued estimates for Columbia Sportswear’s Q3 2017 earnings at $1.38 EPS, Q4 2017 earnings at $1.14 EPS and FY2018 earnings at $3.25 EPS.

A number of other brokerages also recently issued reports on COLM. DA Davidson reaffirmed a “buy” rating and set a $72.00 price target on shares of Columbia Sportswear in a research report on Monday, July 18th. Brean Capital reissued a “hold” rating on shares of Columbia Sportswear in a research report on Monday, July 18th. B. Riley reissued a “neutral” rating and issued a $64.00 target price on shares of Columbia Sportswear in a research report on Wednesday, July 27th. Citigroup Inc. cut their target price on Columbia Sportswear from $69.00 to $68.00 and set a “buy” rating on the stock in a research report on Friday, July 29th. Finally, Goldman Sachs Group Inc. reissued a “buy” rating and issued a $71.00 target price on shares of Columbia Sportswear in a research report on Monday. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the stock. Columbia Sportswear presently has an average rating of “Hold” and an average price target of $63.50.

Earnings History and Estimates for Columbia Sportswear (NASDAQ:COLM)

Shares of Columbia Sportswear (NASDAQ:COLM) traded up 0.33% during trading on Thursday, hitting $60.26. The stock had a trading volume of 161,872 shares. Columbia Sportswear has a 12-month low of $43.56 and a 12-month high of $66.00. The firm has a market cap of $4.20 billion, a P/E ratio of 24.03 and a beta of 0.89. The firm has a 50 day moving average price of $56.47 and a 200 day moving average price of $57.36.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, July 28th. The company reported ($0.12) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.17) by $0.05. Columbia Sportswear had a return on equity of 12.14% and a net margin of 7.48%. The business had revenue of $388.70 million for the quarter, compared to the consensus estimate of $392.02 million. During the same period in the previous year, the business earned ($0.09) earnings per share. The business’s revenue was up 2.2% on a year-over-year basis.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. increased its stake in Columbia Sportswear by 2.5% in the second quarter. BlackRock Inc. now owns 2,042 shares of the company’s stock worth $117,000 after buying an additional 50 shares during the last quarter. Eqis Capital Management Inc. increased its stake in Columbia Sportswear by 1.4% in the third quarter. Eqis Capital Management Inc. now owns 4,060 shares of the company’s stock worth $230,000 after buying an additional 57 shares during the last quarter. Stifel Financial Corp increased its stake in Columbia Sportswear by 7.4% in the second quarter. Stifel Financial Corp now owns 4,773 shares of the company’s stock worth $275,000 after buying an additional 327 shares during the last quarter. Teacher Retirement System of Texas increased its stake in Columbia Sportswear by 14.1% in the second quarter. Teacher Retirement System of Texas now owns 3,929 shares of the company’s stock worth $226,000 after buying an additional 485 shares during the last quarter. Finally, Glenmede Trust Co. NA increased its stake in Columbia Sportswear by 14.4% in the second quarter. Glenmede Trust Co. NA now owns 4,051 shares of the company’s stock worth $233,000 after buying an additional 511 shares during the last quarter. 36.55% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Sportswear Company Profile

Columbia Sportswear Company is an apparel and footwear company. The Company designs, sources, markets and distributes outdoor and active lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. The Company’s geographic segments are the United States, Latin America and Asia Pacific (LAAP), the Europe, Middle East and Africa (EMEA), and Canada.

5 Day Chart for NASDAQ:COLM

Receive News & Stock Ratings for Columbia Sportswear Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Sportswear Co. and related stocks with our FREE daily email newsletter.