Pivotal Research analyst Mitch Kummetz reiterated a Hold rating on Columbia Sportswear (NASDAQ:COLM) Company on Tuesday, setting a price target of $120, which is approximately 18.33% above the present share price of $101.41.
Kummetz expects Columbia Sportswear Company to post earnings per share (EPS) of $0.84 for the third quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Columbia Sportswear, with an average price target of $125.
The analysts price targets range from a high of $130 to a low of $120.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $625.61 million and a net profit of $70.48 million. The company's market cap is $6.62 billion.
According to TipRanks.com, Pivotal Research analyst Mitch Kummetz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.5% and a 65.24% success rate.
Columbia Sportswear Co. engages in designing, sourcing, marketing, and distributing outdoor and active lifestyle apparel, footwear, accessories, and equipment. It operates through the following geographical segments: the United States; Latin America and Asia Pacific; Europe, Middle East, and Africa; and Canada. The company was founded by Paul Lamfrom and Marie Lamfrom in 1938 and is headquartered in Portland, OR.