Oil prices rise on talk of Russia sanctions; bouncing off recent lows
Investing.com - CFRA has reduced its price target on Columbia Sportswear (NASDAQ:COLM) to $56.00 from $68.00 while maintaining a Hold rating, citing concerns about the current tariff environment. The stock, which has declined over 18% in the past week, is currently trading near its 52-week low of $48.10. According to InvestingPro analysis, technical indicators suggest the stock is in oversold territory.
The research firm lowered its earnings per share estimates for 2025 and 2026 to $3.00 and $3.50, respectively, representing significant reductions from previous forecasts. CFRA’s new price target is based on 16 times its 2026 EPS estimate, below the company’s three-year average forward P/E multiple of 18.1x. InvestingPro’s Fair Value analysis suggests the stock is currently undervalued, with additional insights available in the comprehensive Pro Research Report covering this and 1,400+ other US stocks.
Columbia Sportswear reported second-quarter normalized earnings per share of -$0.19, slightly better than the -$0.20 in the same period last year and $0.04 above consensus estimates. Revenue reached $605 million, exceeding analyst expectations by $17 million.
The company’s namesake Columbia brand showed strength with 8% year-over-year growth to $548 million, while its smaller brands experienced declines - SOREL fell 10% to $19 million, prAna dropped 6% to $12 million, and Mountain Hardware decreased 7% to $18 million. Gross margin expanded 60 basis points year-over-year to 50.1%.
Columbia Sportswear has guided for operating margin compression in the third quarter and expects revenues to decline in the low single digits, with this guidance based on tariffs in place as of July 31.
In other recent news, Columbia Sportswear reported its second-quarter earnings for 2025, showcasing a better-than-expected performance. The company posted an earnings per share (EPS) of -$0.19, which was an improvement over the anticipated -$0.23. Additionally, Columbia Sportswear’s revenue reached $605 million, surpassing the forecast of $588.37 million and marking a 6.0% increase compared to the previous year. Despite these positive results, BofA Securities adjusted its price target for Columbia Sportswear, lowering it from $58.00 to $47.00, while maintaining an Underperform rating on the stock. This adjustment comes amid cautious guidance for the upcoming quarters. Investors may find these developments noteworthy as they consider the company’s future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.