Columbia Sportswear (COLM) Set to Announce Quarterly Earnings on Wednesday

Columbia Sportswear (NASDAQ:COLM) will issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $1.37 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Columbia Sportswear Stock Up 0.7 %

Shares of COLM opened at $75.70 on Tuesday. Columbia Sportswear has a 52-week low of $70.79 and a 52-week high of $87.23. The company has a 50-day simple moving average of $81.32 and a 200-day simple moving average of $80.79. The company has a market capitalization of $4.48 billion, a PE ratio of 18.46, a P/E/G ratio of 3.00 and a beta of 0.92.

Analyst Ratings Changes

Several research firms recently weighed in on COLM. Stifel Nicolaus raised Columbia Sportswear from a “hold” rating to a “buy” rating and raised their price objective for the company from $84.00 to $92.00 in a research note on Monday, July 8th. StockNews.com lowered shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a research report on Saturday, October 5th. Finally, Wedbush restated a “neutral” rating and set a $80.00 target price on shares of Columbia Sportswear in a research report on Thursday, July 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $77.00.

Columbia Sportswear Company Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.