Columbia(US:COLM) ZACKS·2026-02-05 18:00Core Viewpoint - Columbia Sportswear (COLM) has been upgraded to a Zacks Rank 2 (Buy), indicating an upward trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system tracks the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years, highlighting the importance of changing earnings pictures in stock price movements [1][4]. - Rising earnings estimates for Columbia Sportswear suggest an improvement in the company's underlying business, which is expected to positively influence its stock price [5][8]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7][9]. - The upgrade to Zacks Rank 2 places Columbia Sportswear in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]. Earnings Estimate Revisions - Columbia Sportswear is projected to earn $3.16 per share for the fiscal year ending December 2026, with no year-over-year change, but the Zacks Consensus Estimate has increased by 16.9% over the past three months [8].