Colgate-Palmolive Company (NYSE: CL) is 24.22% higher on its value in year-to-date trading and has touched a low of $58.49 and a high of $86.41 in the current 52-week trading range. The CL stock was last observed hovering at around $84.73 in the last trading session, with the day’s gains setting it 0.78% off its average median price target of $86.50 for the next 12 months. It is also 9.03% off the consensus price target high of $94.00 offered by 22 analysts, but current levels are -22.16% lower than the price target low of $70.00 for the same period.
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Currently trading at $85.51, the stock is 0.57% and 2.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 0.92% at the moment leaves the stock 12.50% off its SMA200. CL registered 25.53% gain for a year compared to 6-month gain of 16.69%. The firm has a 50-day simple moving average (SMA 50) of $85.10 and a 200-day simple moving average (SMA200) of $78.99.
The stock witnessed a -0.87% loss in the last 1 month and extending the period to 3 months gives it a 10.97%, and is 1.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.05% over the week and 1.22% over the month.
Colgate-Palmolive Company (CL) has around 34300 employees, a market worth around $72.63B and $16.16B in sales. Current P/E ratio is 27.30 and Fwd P/E is 26.42. Profit margin for the company is 16.70%. Distance from 52-week low is 46.20% and -1.04% from its 52-week high. The company has generated returns on investments over the last 12 months (34.80%).
Colgate-Palmolive Company (CL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Colgate-Palmolive Company (CL) is a “Overweight”. 22 analysts offering their recommendations for the stock have an average rating of 2.60, where 7 rate it as a Hold and 1 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
Colgate-Palmolive Company is expected to release its quarterly report on 04/23/2021 and quarterly earnings per share for the current quarter are estimated at $0.76 with sales reaching $4.12B over the same period.The EPS is expected to shrink by -3.20% this year, but quarterly earnings will post 3.70% year-over-year. Quarterly sales are estimated to grow 2.70% in year-over-year returns.
Colgate-Palmolive Company (CL) Top Institutional Holders
2,012 institutions hold shares in Colgate-Palmolive Company (CL), with 1.98M shares held by insiders accounting for 0.23% while institutional investors hold 80.87% of the company’s shares. The shares outstanding are 859.00M, and float is at 855.19M with Short Float at 0.94%. Institutions hold 80.69% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 76.22 million shares valued at $5.88 billion. The investor’s holdings represent 8.89% of the CL Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 60.06 million shares valued at $4.63 billion to account for 7.01% of the shares outstanding. The other top investors are State Street Corporation which holds 53.0 million shares representing 6.18% and valued at over $4.09 billion, while Massachusetts Financial Services Co. holds 4.19% of the shares totaling 35.9 million with a market value of $2.77 billion.
Colgate-Palmolive Company (CL) Insider Activity
The most recent transaction is an insider sale by Tsourapas Panagiotis, the company’s Grp Pres, LatAm,AsiaPac&AF/Eus. SEC filings show that Tsourapas Panagiotis sold 11,714 shares of the company’s common stock on Nov 18 at a price of $85.27 per share for a total of $1.0 million. Following the sale, the insider now owns 4676.0 shares.
Colgate-Palmolive Company disclosed in a document filed with the SEC on Nov 17 that Wallace Noel R. (Chairman, President & CEO) sold a total of 21,446 shares of the company’s common stock. The trade occurred on Nov 17 and was made at $85.86 per share for $1.84 million. Following the transaction, the insider now directly holds 0.21 million shares of the CL stock.
Still, SEC filings show that on Nov 16, Tsourapas Panagiotis (Grp Pres, LatAm,AsiaPac&AF/Eus) disposed off 15,000 shares at an average price of $85.69 for $1.29 million. The insider now directly holds 4,676 shares of Colgate-Palmolive Company (CL).
Colgate-Palmolive Company (CL): Who are the competitors?
The company’s main competitors (and peers) include Kimberly-Clark Corporation (KMB) that is trading -0.74% down over the past 12 months. Church & Dwight Co. Inc. (CHD) is 24.56% up on the 1-year trading charts. Short interest in the company’s stock has fallen -17.2% from the last report on Nov 12, 2020 to stand at a total of 9.47 million short shares sold with a short interest ratio of 2.48.