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.
In the latest session, Columbia Banking System, Inc (NASDAQ: COLB) closed at $30.55 down -1.04% from its previous closing price of $30.87. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 1.41 million shares were traded. COLB stock price reached its highest trading level at $31.345 during the session, while it also had its lowest trading level at $30.505.
Ratios:
For a deeper understanding of Columbia Banking System, Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.79.
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, Wedbush on September 24, 2024, Upgraded its rating to Outperform and sets its target price to $31 from $28 previously.
On March 08, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $20.
Stephens Downgraded its Overweight to Equal-Weight on January 25, 2024, whereas the target price for the stock was revised from $31 to $24.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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.
Lund Randal Lee bought 1,000 shares of COLB for $19,288 on Feb 01 ’24. The Director now owns 17,149 shares after completing the transaction at $19.29 per share. On Jan 31 ’24, another insider, MACHUCA LUIS, who serves as the Director of the company, bought 4,889 shares for $20.58 each. As a result, the insider paid 100,638 and bolstered with 60,835 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 6401171968 and an Enterprise Value of 8800041984. As of this moment, Columbia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.20, and their Forward P/E ratio for the next fiscal year is 11.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.13 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 4.812.
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 7.24%, while the 200-Day Moving Average is calculated to be 34.69%.
Shares Statistics:
For the past three months, COLB has traded an average of 1.68M shares per day and 1248490 over the past ten days. A total of 209.53M shares are outstanding, with a floating share count of 207.75M. Shares short for COLB as of 1731628800 were 4073628 with a Short Ratio of 2.42, compared to 1728950400 on 4136905. Therefore, it implies a Short% of Shares Outstanding of 4073628 and a Short% of Float of 2.18.
Dividends & Splits
According to the company, the forward annual dividend rate for COLB is 1.44, from 0.36 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011661808
