Colgate-Palmolive Co [NYSE: CL] price plunged by -0.50 percent to reach at -$0.44.
A sum of 5106965 shares traded at recent session while its average daily volume was at 5.40M shares. Colgate-Palmolive Co shares reached a high of $88.925 and dropped to a low of $87.64 until finishing in the latest session at $88.19.
The one-year CL stock forecast points to a potential upside of 11.34. The average equity rating for CL stock is currently 2.18, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $99.47 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 2.18. 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 1.58, with the Price to Sales ratio for CL stock in the period of the last 12 months amounting to 3.58. The Price to Book ratio for the last quarter was 196.89, with the Price to Cash per share for the same quarter was set at 1.62. Price to Free Cash Flow for CL in the course of the last twelve months was 20.61 with Quick ratio for the last quarter at 0.54.
CL Stock Performance Analysis:
Colgate-Palmolive Co [CL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.26. With this latest performance, CL shares dropped by -3.87% in over the last four-week period, additionally sinking by -5.62% over the last 6 months – not to mention a drop of -6.80% in the past year of trading.
Insight into Colgate-Palmolive Co Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Colgate-Palmolive Co [CL] shares currently have an operating margin of 22.30% and a Gross Margin at 60.73%. Colgate-Palmolive Co’s Net Margin is presently recorded at 14.52%.
Return on Equity for this stock inclined to 17.44%, with Return on Assets sitting at 17.44%.
CL Stock EPS
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 5.60%.
Colgate-Palmolive Co [CL] Institutonal Ownership Details
The top three institutional holders of CL stocks are: VANGUARD GROUP INC with ownership of 80.32 million shares, which is approximately 9.7983%. 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 5.6913%.
