Last Updated: 10 Nov 2024
Executive Summary
Columbia Sportswear Company (COLM) is a leading outdoor apparel and footwear brand with a strong financial performance and a positive outlook. The company's stock is currently trading at $83.45, within its 52-week range of $72.51 to $86.9. Analysts have a consensus rating of "Hold" for COLM, with a target price of $80.75.
Company Overview
Columbia Sportswear Company designs, markets, and distributes outdoor apparel, footwear, accessories, and equipment. The company operates through three segments: North America, Latin America and Asia Pacific, and Europe, the Middle East, and Africa. Columbia Sportswear has a strong brand reputation and a global distribution network.
Fundamental Analysis
COLM's financial performance has been consistent in recent years. The company's revenue has grown at a compound annual growth rate (CAGR) of 5.6% over the past five years, and its diluted EPS has grown at a CAGR of 7.2%. COLM has a strong balance sheet with low debt and ample liquidity. The company's profit margins are also healthy, with a gross margin of 51.4% and an operating margin of 12.1%.
Technical Analysis
COLM's stock price has been trending sideways in recent months, trading within a range of $80 to $85. The stock is currently testing its 50-day moving average, which could provide support. The 200-day moving average is also nearby, at $80.44.
Short Term Outlook
In the short term, COLM's stock price could continue to trade within its recent range. The company's upcoming earnings report, due out on November 14, could provide a catalyst for movement in either direction.
Long Term Outlook
Over the long term, COLM's stock price is expected to continue to grow in line with the company's earnings. The company's strong brand, global distribution network, and focus on innovation should continue to drive growth in the years to come.
Analyst Recommendations
Analysts have a consensus rating of "Hold" for COLM, with a target price of $80.75. This suggests that analysts believe the stock is fairly valued at current levels.
