Colgate-Palmolive Co (CL) concluded trading on Thursday at a closing price of $91.45, with 4.66 million shares of worth about $426.27 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.26% during that period and on November 14, 2024 the price saw a gain of about 0.42%. Currently the company’s common shares owned by public are about 821.41M shares, out of which, 816.05M shares are available for trading.
Stock saw a price change of 0.75% in past 5 days and over the past one month there was a price change of -9.63%. Year-to-date (YTD), CL shares are showing a performance of 14.73% which increased to 19.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $75.17 but also hit the highest price of $109.30 during that period. The average intraday trading volume for Colgate-Palmolive Co shares is 4.24 million. The stock is currently trading -3.40% below its 20-day simple moving average (SMA20), while that difference is down -8.18% for SMA50 and it goes to -3.73% lower than SMA200.
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Colgate-Palmolive Co (NYSE: CL) currently have 821.41M outstanding shares and institutions hold larger chunk of about 84.61% of that.
The stock has a current market capitalization of $74.72B and its 3Y-monthly beta is at 0.41. PE ratio of stock for trailing 12 months is 26.27, while it has posted earnings per share of $3.48 in the same period. Its PEG reads 3.02 and has Quick Ratio of 0.68 while making debt-to-equity ratio of 19.39. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CL, volatility over the week remained 1.49% while standing at 1.66% over the month.
Stock’s fiscal year EPS is expected to rise by 10.97% while it is estimated to increase by 8.04% in next year. EPS is likely to grow at an annualized rate of 8.69% for next 5-years, compared to annual growth of 0.18% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on October 28, 2024 offering a Hold rating for the stock and assigned a target price range of between $105 and $101 to it. Coverage by Piper Sandler stated Colgate-Palmolive Co (CL) stock as an Overweight in their note to investors on September 24, 2024, suggesting a price target of $121 for the stock. On September 16, 2024, Wells Fargo Downgrade their recommendations, while on September 09, 2024, Deutsche Bank Downgrade their ratings for the stock with a price target of $109. Stock get a Hold rating from HSBC Securities on July 26, 2024.
