Columbia Sportswear Co (NASDAQ: COLM) is 9.69% higher on its value in year-to-date trading and has touched a low of $73.04 and a high of $91.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The COLM stock was last observed hovering at around $87.23 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $87.25, the stock is -1.32% and 3.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.12 million and changing 0.02% at the moment leaves the stock 7.18% off its SMA200. COLM registered 8.80% gain for a year compared to 6-month gain of 9.13%. The firm has a 50-day simple moving average (SMA 50) of $84.1324 and a 200-day simple moving average (SMA200) of $81.36435.
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The stock witnessed a 4.52% loss in the last 1 month and extending the period to 3 months gives it a 8.93%, and is -3.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.39% over the week and 2.30% over the month.
Columbia Sportswear Co (COLM) has around 10070 employees, a market worth around $4.99B and $3.33B in sales. Current P/E ratio is 24.17 and Fwd P/E is 20.36. Profit margin for the company is 6.42%. Distance from 52-week low is 19.46% and -4.44% from its 52-week high. The company has generated returns on investments over the last 12 months (10.02%).
with sales reaching $1.07B over the same period.The EPS is expected to shrink by -4.98% this year, but quarterly earnings will post -4.13% year-over-year. Quarterly sales are estimated to grow 0.83% in year-over-year returns.
Columbia Sportswear Co (COLM) Top Institutional Holders
414.0 institutions hold shares in Columbia Sportswear Co (COLM), with institutional investors hold 107.42% of the company’s shares. The shares outstanding are 57.26M, and float is at 27.97M with Short Float at 13.50%. Institutions hold 52.54% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 4.54 million shares valued at $358.89 million. The investor’s holdings represent 7.5863% of the COLM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.13 million shares valued at $247.72 million to account for 5.2363 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.95 million shares representing 4.9237% and valued at over $232.93 million, while PACER ADVISORS, INC. holds 2.4754 of the shares totaling 1.48 million with a market value of $117.11 million.
Columbia Sportswear Co (COLM) Insider Activity
The most recent transaction is an insider sale by SIMMONS SABRINA, the company’s Director. SEC filings show that SIMMONS SABRINA sold 523 shares of the company’s common stock on May 02 ’24 at a price of $81.70 per share for a total of $42729.0. Following the sale, the insider now owns 6483.0 shares.
Columbia Sportswear Co disclosed in a document filed with the SEC on May 03 ’24 that SIMMONS SABRINA (Director) sold a total of 518 shares of the company’s common stock. The trade occurred on May 03 ’24 and was made at $82.17 per share for $42564.0. Following the transaction, the insider now directly holds 5965.0 shares of the COLM stock.
Still, SEC filings show that on Apr 29 ’24, Swanson Jim A (EVP & CFO) disposed off 7,199 shares at an average price of $77.50 for $0.56 million. The insider now directly holds 9,423 shares of Columbia Sportswear Co (COLM).
