02:00 PM EDT, 08/04/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month price target by $12 to $56, based on 16x our 2026 EPS estimate, below the company's three-year average forward P/E multiple of 18.1x, reflecting the current tariff environment. We lower our 2025 and 2026 EPS estimates by $1.25 to $3.00 and $1.00 to $3.50, respectively. COLM posted normalized Q2 EPS of -$0.19 vs -$0.20 in Q2 2024, $0.04 above consensus estimates on revenues of $605M vs $570M, $17M above estimates. By brand in Q2, Columbia sales grew 8% Y/Y to $548M, SOREL declined 10% to $19M, prAna declined 6% to $12M, and Mountain Hardware declined 7% to $18M. Q2 gross margin expanded 60 bps Y/Y to 50.1%. The company guided for operating margin to compress significantly in Q3 and revenues to decline in the low single digits. The guidance given was based on tariffs in place as of July 31. The company's namesake brand remains resilient and clearly still resonates with the consumer. However, shares trade at 18.5x consensus estimates for the next 12 months, which we believe is a fair value.