Columbia Sportswear Co (NASDAQ: COLM) has reported E.P.S. of $-0.20 for its second fiscal quarter (ending June 30) versus $0.14 for the same period a year ago — a decline of -243%. However, this performance was $0.12 better than the consensus estimate of $-0.32. E.P.S. were $3.76 for the latest four quarters through June 30 versus $4.70 for the same period a year ago — a decline of -20%.
Recent Price Action
Columbia Sportswear Co (NASDAQ: COLM) stock closed at $77.22 on 7/25/24 after a modest decline of -1.3%. Moreover, trading volume in this decline was unusually high at 167% of normal. The stock has declined -4.0% during the last week and has performed in line with the market over the last nine months.
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 consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Columbia Sportswear has a slightly negative Power Rating of 39 and a poor Appreciation Score of 27, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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