Columbia Sportswear Shares Fell By 0.04%. What Should You Know?

Columbia sportswear (COLM) recently closed on a trading day at $93.72, down 0.04% from the previous trading day.

This change is narrower than the standard & Poor's 500 index's daily fall by 1.32%.

Meanwhile, the Dow Jones index fell 1.41%, and technology stocks led the NASDAQ index down 1.51%.

Before today's trading, outdoor equipment manufacturers' shares fell 5.5% in the past month.

This is 5.95% lower than the loss rate of the non essential consumer goods industry, behind the 5.09% fall of the standard & Poor's 500 index.

Investors will want to gain the strength of COLM because it is close to the next financial report.

In the report, analysts expect earnings per share of COLM to be US $0.

This will mark a year-on-year fall of 100%.

At the same time, our latest general expectation is revenue of $507 million 430 thousand, an increase of 5.36% over the same period last year.

In the whole year, our Zacks Consensus Estimates expects earnings per share to be US $4.55, earning US $3 billion 20 million, an increase of 13.47% and + 8.55% over the same period last year.

It is also important to note the recent changes in COLM analysts' estimates.

These revisions usually reflect the latest short-term business trends, which may change frequently.

Therefore, the positive estimates reflect the optimism of analysts on the company's business and profitability.

Our research shows that these estimated changes are directly related to recent stock prices.

Investors can take advantage of this by using Zacks ranking.

The model takes account of these estimation changes and provides a simple and actionable rating system.

From No. 1 (strong buy) to top fifth (strong selling), the Zacks Rank system has proven and outstanding performance records from external audits. Since 1988, the average annual return of #1 stocks is + 25%.

In the past month, the Zacks consensus earnings per share forecast is still stagnant.

At present, COLM's Zacks ranks #2 (buy).

Investors should also pay attention to COLM's current valuation targets, including its forecast P / E ratio of 20.61.

This is a premium compared with the industry's average expected price earnings ratio of 14.29.

Investors should also note that COLM's current PEG ratio is 2.31.

The PEG ratio is similar to the widely used P / E ratio, but the index also takes into account the expected profit growth rate of the company.

Textiles - according to yesterday's closing price, the average PEG ratio of clothing inventory is 1.43.

The textile and garment industry is part of the non essential consumer goods industry.

The industry now ranks 148 in the Zacks industry, ranking the lowest in 43% of all more than 250 industries.

The Zacks industry rankings are listed in the best to worst order according to the average Zacks ranking of Companies in each industry.

Our research shows that the top 50% industries are better than the second half, with a ratio of 2 to 1.