For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Columbia Banking System, Inc (NASDAQ: COLB) closed the day trading at $27.47 up 0.92% from the previous closing price of $27.22. In other words, the price has increased by $0.92 from its previous closing price. On the day, 0.92 million shares were traded.
Ratios:
For a better understanding of COLB, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.72.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on January 06, 2025, Upgraded its rating to Overweight and sets its target price to $35 from $33 previously.
Wedbush Upgraded its Neutral to Outperform on September 24, 2024, whereas the target price for the stock was revised from $28 to $31.
Valuation Measures:
As of this moment, Columbia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.79, and their Forward P/E ratio for the next fiscal year is 9.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 1.12.
Stock Price History:
Over the past 52 weeks, COLB has reached a high of $32.85, while it has fallen to a 52-week low of $17.08. The 50-Day Moving Average of the stock is -2.42%, while the 200-Day Moving Average is calculated to be 9.99%.
Shares Statistics:
A total of 209.54M shares are outstanding, with a floating share count of 207.71M. Insiders hold about 0.87% of the company’s shares, while institutions hold 92.86% stake in the company.
