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Colgate-Palmolive Company (CL) – The 8.0% Upside Potential Remains

Colgate-Palmolive Company (NYSE: CL) is -4.25% lower on its value in year-to-date trading and has touched a low of $67.84 and a high of $84.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CL stock was last observed hovering at around $75.20 in the last trading session, with the day’s gains setting it 0.24% off its average median price target of $82.00 for the next 12 months. It is also 16.18% off the consensus price target high of $90.00 offered by 23 analysts, but current levels are -7.77% lower than the price target low of $70.00 for the same period.

Currently trading at $75.44, the stock is -3.79% and -2.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.9 million and changing 0.32% at the moment leaves the stock -2.34% off its SMA200. CL registered -10.25% loss for a year compared to 6-month gain of -0.95%.

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The stock witnessed a -3.26% loss in the last 1 month and extending the period to 3 months gives it a 5.14%, and is -1.82% down 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 1.89% over the week and 1.63% over the month.

Colgate-Palmolive Company (CL) has around 33800 employees, a market worth around $62.81B and $17.74B in sales. Current P/E ratio is 32.90 and Fwd P/E is 23.73. Profit margin for the company is 10.90%. Distance from 52-week low is 11.20% and -10.99% from its 52-week high. The company has generated returns on investments over the last 12 months (32.90%).

Colgate-Palmolive Company (CL) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Colgate-Palmolive Company (CL) is a “Overweight”. 23 analysts offering their recommendations for the stock have an average rating of 2.70, where 15 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Colgate-Palmolive Company is expected to release its quarterly report on 04/28/2023.The EPS is expected to shrink by -18.60% this year.

Colgate-Palmolive Company (CL) Top Institutional Holders

The shares outstanding are 835.70M, and float is at 834.50M with Short Float at 0.78%.

Colgate-Palmolive Company (CL) Insider Activity

A total of 21 insider transactions have happened at Colgate-Palmolive Company (CL) in the last six months, with sales accounting for 11 and purchases happening 10 times. The most recent transaction is an insider sale by Massey Sally,the company’sChief Human Resources Officer. SEC filings show that Massey Sally sold 656 shares of the company’s common stock on Sep 13 at a price of $77.58 per share for a total of $50890.0. Following the sale, the insider now owns 7913.0 shares.

Colgate-Palmolive Company disclosed in a document filed with the SEC on Aug 29 that Parameswaran Prabha (Grp Pres, Growth & Strategy) sold a total of 48,778 shares of the company’s common stock. The trade occurred on Aug 29 and was made at $78.80 per share for $3.84 million. Following the transaction, the insider now directly holds 6787.0 shares of the CL stock.

Still, SEC filings show that on Aug 04, Daniels Jennifer (CLO and Secretary) disposed off 24,703 shares at an average price of $81.25 for $2.01 million. The insider now directly holds 48,163 shares of Colgate-Palmolive Company (CL).

Colgate-Palmolive Company (CL): Who are the competitors?

The company’s main competitors (and peers) include The Procter & Gamble Company (PG) that is trading -11.75% down over the past 12 months and Osisko Gold Royalties Ltd (OR) that is 11.80% higher over the same period.

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