Colgate-Palmolive Co. [CL] moved down -1.43: Why It’s Important

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Colgate-Palmolive Co. [NYSE: CL] loss -1.43% on the last trading session, reaching $96.55 price per share at the time.

If compared to the average trading volume of 4.14M shares, CL reached a trading volume of 4124154 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying 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 $103.70 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 1.77. 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.

TD Cowen have made an estimate for Colgate-Palmolive Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Jul-24-24. While these analysts kept the previous recommendation, Exane BNP Paribas raised their target price to Outperform. The new note on the price target was released on June 24, 2024, representing the official price target for Colgate-Palmolive Co. stock. Previously, the target price had yet another raise to $93, while Goldman analysts kept a Buy rating on CL stock.

The Average True Range (ATR) for Colgate-Palmolive Co. is set at 1.22, with the Price to Sales ratio for CL stock in the period of the last 12 months amounting to 4.01. The Price to Book ratio for the last quarter was 344.40, 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 26.20 with Quick ratio for the last quarter at 0.70.

Trading performance analysis for CL stock

Colgate-Palmolive Co. [CL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.87. With this latest performance, CL shares dropped by -0.74% in over the last four-week period, additionally plugging by 20.06% over the last 6 months – not to mention a rise of 25.08% 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 48.24, with the RSI for the last a single of trading hit 42.63, and the three-weeks RSI is set at 51.63 for Colgate-Palmolive Co. [CL]. The present Moving Average for the last 50 days of trading for this stock 95.60, while it was recorded at 98.10 for the last single week of trading, and 85.31 for the last 200 days.

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

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.

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

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%.

An analysis of Institutional ownership at Colgate-Palmolive Co. [CL]

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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