Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Columbia Banking System, Inc.’s stock clocked out at $17.74, up 1.43% from its previous closing price of $17.49. In other words, the price has increased by $1.43 from its previous closing price. On the day, 1.58 million shares were traded. COLB stock price reached its highest trading level at $17.905 during the session, while it also had its lowest trading level at $17.46.
Ratios:
To gain a deeper understanding of COLB’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.90.
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 this company, Barclays on March 08, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $20.
On January 25, 2024, Stephens Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $31 to $24.
Raymond James Downgraded its Strong Buy to Outperform on January 25, 2024, while the target price for the stock was maintained at $25.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 06 ’24 when SEATON ELIZABETH WHITEHEAD bought 2,685 shares for $18.48 per share. The transaction valued at 49,619 led to the insider holds 25,001 shares of the business.
Deer Aaron James bought 2,000 shares of COLB for $38,648 on Feb 01 ’24. The Chief Strategy/Innovation Offc now owns 36,850 shares after completing the transaction at $19.32 per share. On Feb 01 ’24, another insider, Lund Randal Lee, who serves as the Director of the company, bought 1,000 shares for $19.29 each. As a result, the insider paid 19,288 and bolstered with 17,149 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COLB now has a Market Capitalization of 3713177344 and an Enterprise Value of 6523620864. As of this moment, Columbia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.76, and their Forward P/E ratio for the next fiscal year is 6.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 3.657.
Stock Price History:
Over the past 52 weeks, COLB has reached a high of $28.11, while it has fallen to a 52-week low of $17.08. The 50-Day Moving Average of the stock is -4.12%, while the 200-Day Moving Average is calculated to be -15.65%.
Shares Statistics:
It appears that COLB traded 3.18M shares on average per day over the past three months and 1993200 shares per day over the past ten days. A total of 208.58M shares are outstanding, with a floating share count of 206.74M. Insiders hold about 0.90% of the company’s shares, while institutions hold 89.29% stake in the company. Shares short for COLB as of 1711584000 were 8023987 with a Short Ratio of 2.52, compared to 1709164800 on 2819228. Therefore, it implies a Short% of Shares Outstanding of 8023987 and a Short% of Float of 4.31.
Dividends & Splits
With its trailing 12-month dividend rate of 1.44, COLB has a forward annual dividend rate of 1.44.
Earnings Estimates
The dynamic stock of Columbia Banking System, Inc. (COLB) is currently attracting attention from Columbia Banking System, Inc. analysts actively involved in rating its market status.The consensus estimate for the next quarter is $34.77, with high estimates of $75.54 and low estimates of $16.99.
Analysts are recommending an EPS of between $Consumer Cyclical and $Energy for the fiscal current year, implying an average EPS of $Healthcare.
