Columbia Sportswear Co (NASDAQ: COLM) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
Recent small negative changes in fundamentals have impacted Columbia Sportswear Co (NASDAQ: COLM): the stock’s power rating fell below 50.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, COLM is expected to continue to be an important Value Builder.
Columbia Sportswear has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Columbia Sportswear has a neutral Power Rating of 42 but a poor Appreciation Score of 26, producing the Negative Value Trend Rating.
Recent Price Action
Columbia Sportswear Co (NASDAQ: COLM) stock closed at $76.16 on 7/5/24 after a slight decline of -0.6%. Moreover, above average trading volume at 138% of normal accompanied the decline. The stock has declined -4.7% during the last week and has performed in line with the market over the last nine months.
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