Columbia Sportswear Co (NASDAQ: COLM) has reported earnings for its first fiscal quarter (ending March 31) of $0.71 versus $0.74 for the same period a year ago. E.P.S. were $4.10 for the latest four quarters through March 31 versus $4.67 for the same period a year ago.
Recent Price Action
On 4/25/24, Columbia Sportswear Co (NASDAQ: COLM) stock declined slightly by -1.0%, closing at $79.01. Moreover, unusually high trading volume at 175% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 5.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed 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 poor Appreciation Score of 24 but a neutral Power Rating of 51, resulting in 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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