Colgate-Palmolive Company [CL] moved up 1.06: Why It’s Important

Colgate-Palmolive Company [NYSE: CL] gained 1.06% on the last trading session, reaching $84.09 price per share at the time. The company report on May 10, 2021 that Colgate-Palmolive Webcasts Fireside Chat at the Goldman Sachs Global Staples Forum.

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Colgate-Palmolive (NYSE:CL) Chief Technology Officer, Patricia Verduin, and Chief Investor Relations Officer, John Faucher, will participate in a virtual fireside chat at the Goldman Sachs Global Staples Forum on Tuesday, May 18, 2021 at 12:10 pm ET.

Investors may access a live webcast of this fireside chat on Colgate’s website at www.colgatepalmolive.com. For those unable to participate during the live webcast, a recorded version of the webcast will be made available through the Investor Center page of Colgate’s website.

Colgate-Palmolive Company represents 848.60 million in outstanding shares, while the company has a total market value of $70.88 billion with the latest information. CL stock price has been found in the range of $83.17 to $84.68.

If compared to the average trading volume of 4.67M shares, CL reached a trading volume of 3966570 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Colgate-Palmolive Company [CL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CL shares is $85.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CL stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for Colgate-Palmolive Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 01, 2021. The new note on the price target was released on January 28, 2021, representing the official price target for Colgate-Palmolive Company stock.

The Average True Range (ATR) for Colgate-Palmolive Company is set at 1.16, with the Price to Sales ratio for CL stock in the period of the last 12 months amounting to 4.24. The Price to Book ratio for the last quarter was 271.26, with the Price to Cash per share for the same quarter was set at 1.25. Price to Free Cash Flow for CL in the course of the last twelve months was 48.65 with Quick ratio for the last quarter at 0.60.

Trading performance analysis for CL stock

Colgate-Palmolive Company [CL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.00. With this latest performance, CL shares gained by 3.62% in over the last four-week period, additionally sinking by -1.48% over the last 6 months – not to mention a rise of 19.33% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CL stock in for the last two-week period is set at 67.63, with the RSI for the last a single of trading hit 70.50, and the three-weeks RSI is set at 64.94 for Colgate-Palmolive Company [CL]. The present Moving Average for the last 50 days of trading for this stock 79.81, while it was recorded at 83.50 for the last single week of trading, and 79.97 for the last 200 days.

Colgate-Palmolive Company [CL]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Colgate-Palmolive Company [CL] shares currently have an operating margin of +23.74 and a Gross Margin at +60.31. Colgate-Palmolive Company’s Net Margin is presently recorded at +16.36.

Return on Total Capital for CL is now 42.61, given the latest momentum, and Return on Invested Capital for the company is 32.68. Return on Equity for this stock inclined to 626.74, with Return on Assets sitting at 17.41. When it comes to the capital structure of this company, Colgate-Palmolive Company [CL] has a Total Debt to Total Equity ratio set at 1,105.52. Additionally, CL Total Debt to Total Capital is recorded at 91.70, with Total Debt to Total Assets ending up at 51.60. Long-Term Debt to Equity for the company is recorded at 1,051.14, with the Long-Term Debt to Total Capital now at 87.19.

Reflecting on the efficiency of the workforce at the company, Colgate-Palmolive Company [CL] managed to generate an average of $78,801 per employee. Receivables Turnover for the company is 12.18 with a Total Asset Turnover recorded at a value of 1.06.Colgate-Palmolive Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 1.00.

Colgate-Palmolive Company [CL]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Colgate-Palmolive Company posted 0.74/share EPS, while the average EPS was predicted by analysts to be reported at 0.69/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 7.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Colgate-Palmolive Company go to 7.45%.

An analysis of insider ownership at Colgate-Palmolive Company [CL]

There are presently around $55,084 million, or 81.70% of CL stock, in the hands of institutional investors. The top three institutional holders of CL stocks are: VANGUARD GROUP INC with ownership of 74,338,221, which is approximately -1.743% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 61,053,242 shares of the stock with an approximate value of $5.13 billion in CL stocks shares; and STATE STREET CORP, currently with $4.06 billion in CL stock with ownership of nearly -4.544% of the company’s market capitalization.

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Positions in Colgate-Palmolive Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 671 institutional holders increased their position in Colgate-Palmolive Company [NYSE:CL] by around 45,290,985 shares. Additionally, 760 investors decreased positions by around 56,636,240 shares, while 325 investors held positions by with 553,132,028 shares. The mentioned changes placed institutional holdings at 655,059,253 shares, according to the latest SEC report filing. CL stock had 116 new institutional investments in for a total of 2,782,230 shares, while 141 institutional investors sold positions of 3,201,634 shares during the same period.

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