For Colgate-Palmolive Co. [CL], Analyst sees a rise to $109. What next?

Colgate-Palmolive Co. [NYSE: CL] surged by $0.58 during the normal trading session on while it closed the day at $96.12.

Colgate-Palmolive Co. stock has also loss -2.61% of its value over the past 7 days. However, CL stock has inclined by 7.93% in the 3 months of the year. Over the past six months meanwhile, it has gained 20.59% and gained 20.59% year-on date.

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The market cap for CL stock reached $78.86 billion, with 821.41 million shares outstanding and 819.58 million shares in the current float. Compared to the average trading volume of 4.34M shares, CL reached a trading volume of 4205800 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 Co. [CL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CL shares is $99.40 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 1.80. 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.

Exane BNP Paribas have made an estimate for Colgate-Palmolive Co. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 24, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on March 01, 2024, representing the official price target for Colgate-Palmolive Co. stock.

The Average True Range (ATR) for Colgate-Palmolive Co. is set at 1.25, with the Price to Sales ratio for CL stock in the period of the last 12 months amounting to 3.99. The Price to Book ratio for the last quarter was 342.87, with the Price to Cash per share for the same quarter was set at 1.60. Price to Free Cash Flow for CL in the course of the last twelve months was 26.09 with Quick ratio for the last quarter at 0.70.

CL stock trade performance evaluation

Colgate-Palmolive Co. [CL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.61. With this latest performance, CL shares gained by 3.40% in over the last four-week period, additionally plugging by 20.59% over the last 6 months – not to mention a rise of 24.77% 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 53.84, with the RSI for the last a single of trading hit 49.27, and the three-weeks RSI is set at 56.24 for Colgate-Palmolive Co. [CL]. The present Moving Average for the last 50 days of trading for this stock 93.90, while it was recorded at 97.02 for the last single week of trading, and 83.53 for the last 200 days.

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

Colgate-Palmolive Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.06.

Earnings per share (EPS) analysis for Colgate-Palmolive Co. [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 Co. go to 8.44%.

Colgate-Palmolive Co. [CL]: Institutional Ownership

The top three institutional holders of CL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CL stock with ownership which is approximately 5.1238%.

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