Columbia Sportswear Co (NASDAQ: COLM) has reported earnings for its third fiscal quarter (ending September 30) of $1.56 versus $1.70 for the same period a year ago — a decline of -8%. E.P.S. were $3.60 for the latest four quarters through September 30 versus $4.59 for the same period a year ago — a decline of -22%.
Recent Price Action
On 10/30/24, Columbia Sportswear Co (NASDAQ: COLM) stock rose slightly by 0.1%, closing at $76.21. Moreover, exceptionally high trading volume at 253% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has declined -3.7% during the last week.
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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Columbia Sportswear has a slightly negative Appreciation Score of 30 and a neutral Power Rating of 50, and the Negative Value Trend Rating results.
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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