Currently, there are 812.57M common shares owned by the public and among those 809.79M shares have been available to trade.
The company’s stock has a 5-day price change of 0.74% and 6.78% over the past three months. CL shares are trading 4.17% year to date (YTD), with the 12-month market performance up to 9.16% higher. It has a 12-month low price of $85.32 and touched a high of $109.30 over the same period. CL has an average intraday trading volume of 5.39 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.15%, 3.85%, and -0.90% respectively.
Institutional ownership of Colgate-Palmolive Co (NYSE: CL) shares accounts for 85.91% of the company’s 812.57M shares outstanding.
It has a market capitalization of $76.81B and a beta (3y monthly) value of 0.36. The stock’s trailing 12-month PE ratio is 26.96, while the earnings-per-share (ttm) stands at $3.51. The company has a PEG of 4.47 and a Quick Ratio of 0.58 with the debt-to-equity ratio at 40.15. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.09% over the week and 2.62% over the month.
Analysts forecast that Colgate-Palmolive Co (CL) will achieve an EPS of 0.86 for the current quarter, 0.93 for the next quarter and 3.98 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.83 while analysts give the company a high EPS estimate of 0.83. Comparatively, EPS for the current quarter was 0.86 a year ago. Earnings per share for the fiscal year are expected to increase by 2.16%, and 8.06% over the next financial year. EPS should grow at an annualized rate of 6.03% over the next five years, compared to 5.01% over the past 5-year period.
Looking at the support for the CL, a number of firms have released research notes about the stock. Stifel stated their Hold rating for the stock in a research note on October 28, 2024, with the firm’s price target at $105-$101. Piper Sandler coverage for the Colgate-Palmolive Co (CL) stock in a research note released on September 24, 2024 offered a Overweight rating with a price target of $121. Wells Fargo was of a view on September 16, 2024 that the stock is Underweight, while Deutsche Bank gave the stock Hold rating on September 09, 2024, issuing a price target of $107- $109. HSBC Securities on their part issued Hold rating on July 26, 2024.
