Market Analysts see Colgate-Palmolive Company [CL] gaining to $86. Time to buy?

Colgate-Palmolive Company [NYSE: CL] plunged by -$0.04 during the normal trading session on Friday and reaching a high of $76.95 during the day while it closed the day at $76.63. The company report on September 11, 2021 that Colgate Declares Regular Quarterly Dividend.

The Board of Directors of Colgate-Palmolive Company (NYSE:CL) declared a quarterly cash dividend of $0.45 per common share, payable on November 15, 2021 to shareholders of record as of October 21, 2021. The Company has paid uninterrupted dividends on its common stock since 1895.

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Colgate-Palmolive Company stock has also gained 0.52% of its value over the past 7 days. However, CL stock has declined by -5.93% in the 3 months of the year. Over the past six months meanwhile, it has lost -3.27% and lost -10.38% year-on date.

The market cap for CL stock reached $64.67 billion, with 845.60 million shares outstanding and 841.64 million shares in the current float. Compared to the average trading volume of 3.83M shares, CL reached a trading volume of 2204936 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $86.60 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 2.80. 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.

Deutsche Bank have made an estimate for Colgate-Palmolive Company shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 20, 2021. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on June 24, 2021, representing the official price target for Colgate-Palmolive Company stock. Previously, the target price had yet another raise from $80 to $95, while Credit Suisse kept a Outperform rating on CL stock. On February 01, 2021, analysts increased their price target for CL shares from 70 to 80.

The Average True Range (ATR) for Colgate-Palmolive Company is set at 0.87, with the Price to Sales ratio for CL stock in the period of the last 12 months amounting to 3.79. The Price to Book ratio for the last quarter was 139.33, with the Price to Cash per share for the same quarter was set at 1.19. Price to Free Cash Flow for CL in the course of the last twelve months was 64.93 with Quick ratio for the last quarter at 0.70.

CL stock trade performance evaluation

Colgate-Palmolive Company [CL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.52. With this latest performance, CL shares dropped by -1.31% in over the last four-week period, additionally sinking by -3.27% over the last 6 months – not to mention a rise of 1.15% 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 39.85, with the RSI for the last a single of trading hit 40.92, and the three-weeks RSI is set at 40.12 for Colgate-Palmolive Company [CL]. The present Moving Average for the last 50 days of trading for this stock 79.04, while it was recorded at 76.46 for the last single week of trading, and 80.35 for the last 200 days.

Colgate-Palmolive Company [CL]: An insightful look at the core fundamentals

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 0.70 and a Current Ratio set at 1.10.

Earnings per share (EPS) analysis for Colgate-Palmolive Company [CL] stock

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 7.11%.

Colgate-Palmolive Company [CL]: Insider Ownership positions

There are presently around $50,419 million, or 79.90% of CL stock, in the hands of institutional investors. The top three institutional holders of CL stocks are: VANGUARD GROUP INC with ownership of 74,584,768, which is approximately 0.332% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 61,486,963 shares of the stock with an approximate value of $4.71 billion in CL stocks shares; and STATE STREET CORP, currently with $3.75 billion in CL stock with ownership of nearly 1.364% 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 July and at the time of the July reporting period, where 685 institutional holders increased their position in Colgate-Palmolive Company [NYSE:CL] by around 29,878,838 shares. Additionally, 696 investors decreased positions by around 28,374,102 shares, while 336 investors held positions by with 599,703,974 shares. The mentioned changes placed institutional holdings at 657,956,914 shares, according to the latest SEC report filing. CL stock had 114 new institutional investments in for a total of 6,200,176 shares, while 69 institutional investors sold positions of 3,042,471 shares during the same period.

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