Colgate-Palmolive Co [NYSE: CL] loss -1.48% on the last trading session, reaching $89.86 price per share at the time.
If compared to the average trading volume of 4.67M shares, CL reached a trading volume of 4790690 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 Co [CL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CL shares is $101.71 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 2.27. 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.
Stifel have made an estimate for Colgate-Palmolive Co shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 28, 2024. While these analysts kept the previous recommendation, Piper Sandler raised their target price to Overweight. The new note on the price target was released on September 24, 2024, representing the official price target for Colgate-Palmolive Co stock. Previously, the target price had yet another raise to $100, while Wells Fargo analysts kept a Underweight rating on CL stock. On September 09, 2024, analysts increased their price target for CL shares from 107 to 109.
The Average True Range (ATR) for Colgate-Palmolive Co is set at 1.60, with the Price to Sales ratio for CL stock in the period of the last 12 months amounting to 3.65. The Price to Book ratio for the last quarter was 168.77, with the Price to Cash per share for the same quarter was set at 1.83. Price to Free Cash Flow for CL in the course of the last twelve months was 21.59 with Quick ratio for the last quarter at 0.68.
Trading performance analysis for CL stock
Colgate-Palmolive Co [CL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.85. With this latest performance, CL shares dropped by -2.74% in over the last four-week period, additionally sinking by -9.59% over the last 6 months – not to mention a rise of 10.64% 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 50.23, with the RSI for the last a single of trading hit 55.37, and the three-weeks RSI is set at 47.00 for Colgate-Palmolive Co [CL]. The present Moving Average for the last 50 days of trading for this stock 91.83, while it was recorded at 88.88 for the last single week of trading, and 96.20 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 0.68 and a Current Ratio set at 1.04.
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 8.16%.
An analysis of Institutional ownership at Colgate-Palmolive Co [CL]
There are presently around $85.65%, or 85.75%% 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%.
