Colgate-Palmolive Co. [NYSE: CL] traded at a high on Tuesday, posting a 2.04 gain after which it closed the day’ session at $100.58.
The results of the trading session contributed to over 5016622 shares changing hands. Over the past one week, the price volatility of Colgate-Palmolive Co. stands at 1.74% while the volatility over the past one month is 1.41%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for CL stock reached $82.18 billion, with 821.41 million shares outstanding and 816.10 million shares in the current float. Compared to the average trading volume of 4.12M shares, CL reached a trading volume of 5016622 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $108.60 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 2.04. 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.
Piper Sandler have made an estimate for Colgate-Palmolive Co. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 24, 2024. The new note on the price target was released on September 16, 2024, representing the official price target for Colgate-Palmolive Co. stock. Previously, the target price had yet another raise from $107 to $109, while Deutsche Bank kept a Hold rating on CL stock.
The Average True Range (ATR) for Colgate-Palmolive Co. is set at 1.53, with the Price to Sales ratio for CL stock in the period of the last 12 months amounting to 4.11. The Price to Book ratio for the last quarter was 668.17, with the Price to Cash per share for the same quarter was set at 1.63. Price to Free Cash Flow for CL in the course of the last twelve months was 24.47 with Quick ratio for the last quarter at 0.70.
How has CL stock performed recently?
Colgate-Palmolive Co. [CL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.71. With this latest performance, CL shares dropped by -6.10% in over the last four-week period, additionally plugging by 14.75% over the last 6 months – not to mention a rise of 44.87% 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 40.06, with the RSI for the last a single of trading hit 38.93, and the three-weeks RSI is set at 43.05 for Colgate-Palmolive Co. [CL]. The present Moving Average for the last 50 days of trading for this stock 103.49, while it was recorded at 100.04 for the last single week of trading, and 92.90 for the last 200 days.
Colgate-Palmolive Co. [CL]: Deeper insight into the 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 analysis for Colgate-Palmolive Co. [CL]
With the latest financial reports released by the company, Colgate-Palmolive Co. posted 0.86/share EPS, while the average EPS was predicted by analysts to be reported at 0.8/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.06. 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 9.00%.
Insider trade positions for Colgate-Palmolive Co. [CL]
There are presently around $84.67%, or 84.76%% of CL stock, in the hands of institutional investors. The top three institutional holders of CL stocks are: VANGUARD GROUP INC with ownership of 80.32 million shares, which is approximately 9.7614%. BLACKROCK INC., holding 61.62 million shares of the stock with an approximate value of $$5.98 billion in CL stocks shares; and BLACKROCK INC., currently with $$4.53 billion in CL stock with ownership which is approximately 5.6699%.
