Columbia Sportswear stock hits 52-week low at $72.63

Published 03/04/2025, 14:44
Columbia Sportswear stock hits 52-week low at $72.63

Columbia Sportswear Company (NASDAQ: NASDAQ:COLM) has experienced a notable downturn, with its shares trading at $71.72, near its 52-week low. According to InvestingPro analysis, the company maintains a strong financial position with a "GOOD" health score and a current ratio of 2.62, indicating robust liquidity. This latest price level reflects a challenging period for the outdoor apparel and footwear giant, which has seen its stock price fluctuate amid a dynamic retail environment. Over the past year, Columbia Sportswear’s stock has delivered a modest return of 2.73%, while showing a year-to-date decline of 7.5%. The company’s fundamentals remain solid, with InvestingPro analysis indicating the stock is currently trading below its Fair Value, presenting a potential opportunity for value investors. Discover 6 more exclusive ProTips and comprehensive analysis in the Pro Research Report, available to InvestingPro subscribers. Investors and analysts are closely monitoring the company’s strategies for resilience and growth in the face of these headwinds.

In other recent news, Columbia Sportswear reported fourth-quarter earnings that did not meet analyst expectations, with earnings per share at $1.80 compared to the anticipated $1.86. The company did, however, exceed revenue estimates slightly, reporting $1.1 billion against a forecast of $1.07 billion, marking a 3% year-over-year increase. Looking ahead to the full year 2025, Columbia Sportswear projects earnings per share between $3.80 and $4.15, which falls short of the $4.35 expected by analysts. Revenue is expected to be between $3.40 billion and $3.47 billion, also below the consensus estimate of $3.48 billion.

UBS has maintained its Sell rating on Columbia Sportswear, with a price target of $60, citing ongoing challenges such as strong competition and high SG&A costs. These issues have contributed to a disappointing fiscal year 2025 outlook, according to UBS, which suggests a potential 30% downside from the current stock price. The UBS analysis indicates a skewed risk-reward balance, with downside risks outweighing potential gains. Despite the challenges, Columbia Sportswear reported a 50 basis point increase in gross margin to 51.1% and a 21% rise in operating income to $137.3 million in the fourth quarter. The company also ended the quarter with $815.5 million in cash and no borrowings, while inventory levels decreased by 7% year-over-year to $690.5 million.

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