Colgate-Palmolive Co [NYSE: CL] loss -0.01% or 5359912.2 points to close at $5360000.0 with a heavy trading volume of 5808777 shares.
It opened the trading session at $87.38, the shares rose to $88.35 and dropped to $87.43, the range by which the price of stock traded the whole day. The daily chart for CL points out that the company has recorded -4.61% loss over the past six months.
If we look at the average trading volume of 5.36M shares, CL reached to a volume of 5808777 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 $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 Price to Book ratio for the last quarter was 195.99, 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 20.52 with Quick ratio for the last quarter at 0.54.
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 -0.45. With this latest performance, CL shares dropped by -5.02% in over the last four-week period, additionally sinking by -4.61% over the last 6 months – not to mention a drop of -3.43% in the past year of trading.
Colgate-Palmolive Co [CL]: A deeper dive into fundamental analysis
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%.
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 5.60%.
An analysis of Institutional ownership at Colgate-Palmolive Co [CL]
There are presently around $86.30%, or 86.44% 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 9.7983%. 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%.
