Columbia Sportswear (NASDAQ:COLM) announced a dividend on Friday, October 25th, Fidelity reports. Stockholders of record on Thursday, November 21st will be given a dividend of 0.24 per share by the textile maker on Thursday, December 5th. The ex-dividend date is Wednesday, November 20th.
Shares of COLM stock traded down $0.46 during midday trading on Monday, reaching $92.70. 3,265 shares of the company traded hands, compared to its average volume of 395,224. The firm’s 50 day simple moving average is $95.62 and its two-hundred day simple moving average is $97.61. Columbia Sportswear has a 1-year low of $80.03 and a 1-year high of $109.74. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.04 and a quick ratio of 1.76. The firm has a market cap of $6.38 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 1.83 and a beta of 0.67.
Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings results on Wednesday, October 30th. The textile maker reported $1.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.55 by $0.20. Columbia Sportswear had a net margin of 10.97% and a return on equity of 19.14%. The company had revenue of $906.80 million during the quarter, compared to the consensus estimate of $883.31 million. During the same period last year, the firm earned $1.41 EPS. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. As a group, research analysts anticipate that Columbia Sportswear will post 4.72 earnings per share for the current fiscal year.
COLM has been the subject of a number of research reports. Wedbush reiterated an “outperform” rating on shares of Columbia Sportswear in a research report on Monday, October 7th. ValuEngine cut shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Stifel Nicolaus set a $129.00 price objective on shares of Columbia Sportswear and gave the stock a “buy” rating in a research note on Friday, July 26th. Bank of America raised shares of Columbia Sportswear from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $112.00 to $130.00 in a research note on Tuesday, July 23rd. Finally, BidaskClub cut shares of Columbia Sportswear from a “hold” rating to a “sell” rating in a research note on Saturday, November 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $119.15.
Columbia Sportswear Company Profile
Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor and active lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East and Africa, and Canada. The company provides apparel, accessories, and equipment that are used various outdoor activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports, yoga, golf, and adventure travel for men and women under the Columbia, Mountain Hardwear, SOREL, and prAna brands, as well as for youth under the Columbia brand name.
Receive News & Ratings for Columbia Sportswear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Sportswear and related companies with MarketBeat.com's FREE daily email newsletter.