Columbia Sportswear Company (NASDAQ:COLM) Relative Strength Index (RSI) is 46.14, with weekly volatility at 1.73% and ATR at 2.73. The COLM stock’s 52-week price range has touched low of $72.24 and a $114.98 high. Intraday shares traded counted 0.51 million, which was -26.95% lower than its 30-day average trading volume of 404.00K. Its shares traded higher over the last trading session, gaining 0.64% on 05/27/21. The shares fell to a low of $103.02 before closing at $104.39. COLM’s previous close was $103.73 while the outstanding shares total 66.36M. The firm has a beta of 0.87, a 12-month trailing P/E ratio of 42.64, and a growth ratio of 1.35.
Investors have identified the Apparel Manufacturing company Columbia Sportswear Company as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $7.01 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Columbia Sportswear Company (COLM) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 1.81 billion total, with 474.97 million as their total liabilities.
COLM were able to record 107.0 million as free cash flow during the 07/29/2021 quarter of the year, this saw their quarterly net cash flow reduce by 82.92 million. In cash movements, the company had a total of 110.9 million as operating cash flow.
Potential earnings growth for Columbia Sportswear Company (COLM)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/29/2021 quarter of the year, Columbia Sportswear Company recorded a total of 625.61 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 9.17% coming in sequential stages and their sales for the 07/29/2021 quarter reducing by -46.36%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 304.2 million trying to sell their products during the last quarter, with the result yielding a gross income of 321.4 million. This allows shareholders to hold on to 66.36M with the recently reported earning now reading 0.84 cents per share. This is a figure that compared to analyst’s prediction for their 07/29/2021 (0.84 cents a share).
Having a look at the company’s valuation, the company is expected to record 5.07 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on COLM sounds very interesting.
Is the stock of COLM attractive?
In related news, EVP Columbia Brand President, Boyle Joseph P sold 1,053 shares of the company’s stock in a transaction that recorded on Apr 23. The sale was performed at an average price of 112.79, for a total value of 118,768. As the sale deal closes, the EVP Columbia Brand President, Boyle Joseph P now sold 13,550 shares of the company’s stock, valued at 1,498,075. Also, SVP, Emerging Brands, Morse Douglas H sold 6,549 shares of the company’s stock in a deal that was recorded on Mar 19. The shares were price at an average price of 108.00 per share, with a total market value of 707,292. Following this completion of acquisition, the Director, Nelson Ronald E. now holds 3,486 shares of the company’s stock, valued at 367,853. In the last 6 months, insiders have changed their ownership in shares of company stock by 5.90%.
5 out of 12 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Columbia Sportswear Company. 0 analysts has assigned a Sell rating on the COLM stock. The 12-month mean consensus price target for the company’s shares has been set at $121.92.