Colgate-Palmolive Co (CL) concluded trading on Thursday at a closing price of $96.76, with 3.43 million shares of worth about $331.64 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.41% during that period and on November 28, 2024 the price saw a gain of about 0.19%. Currently the company’s common shares owned by public are about 821.41M shares, out of which, 816.03M shares are available for trading.
Stock saw a price change of 3.03% in past 5 days and over the past one month there was a price change of 2.15%. Year-to-date (YTD), CL shares are showing a performance of 21.39% which increased to 24.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $75.50 but also hit the highest price of $109.30 during that period. The average intraday trading volume for Colgate-Palmolive Co shares is 4.49 million. The stock is currently trading 3.60% above its 20-day simple moving average (SMA20), while that difference is down -0.87% for SMA50 and it goes to 1.35% higher than SMA200.
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Colgate-Palmolive Co (NYSE: CL) currently have 821.41M outstanding shares and institutions hold larger chunk of about 84.28% of that.
The stock has a current market capitalization of $79.20B and its 3Y-monthly beta is at 0.42. PE ratio of stock for trailing 12 months is 27.80, while it has posted earnings per share of $3.48 in the same period. Its PEG reads 3.29 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 1.30% while standing at 1.74% over the month.
Analysts are in expectations that Colgate-Palmolive Co (CL) stock would likely to be making an EPS of 0.9 in the current quarter, while forecast for next quarter EPS is 0.93 and it is 3.86 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.88 which is 0.92 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.87 in the same quarter a year ago. 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 8.45% 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.
