Colgate-Palmolive Co (NYSE: CL) is 14.79% higher on its value in year-to-date trading and has touched a low of $75.17 and a high of $109.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CL stock was last observed hovering at around $91.96 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $91.50, the stock is -4.32% and -8.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.89 million and changing -0.50% at the moment leaves the stock -3.60% off its SMA200. CL registered 21.30% gain for a year compared to 6-month gain of -3.25%. The firm has a 50-day simple moving average (SMA 50) of $100.2938 and a 200-day simple moving average (SMA200) of $94.92015.
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The stock witnessed a -9.16% loss in the last 1 month and extending the period to 3 months gives it a -10.45%, and is -2.93% 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 2.39% over the week and 1.68% over the month.
Colgate-Palmolive Co (CL) has around 34000 employees, a market worth around $74.76B and $20.11B in sales. Current P/E ratio is 26.29 and Fwd P/E is 23.63. Profit margin for the company is 14.27%. Distance from 52-week low is 21.72% and -16.29% from its 52-week high. The company has generated returns on investments over the last 12 months (34.38%).
with sales reaching $5.04B over the same period.The EPS is expected to grow by 10.97% this year, but quarterly earnings will post 3.80% year-over-year. Quarterly sales are estimated to grow 1.90% in year-over-year returns.
Colgate-Palmolive Co (CL) Top Institutional Holders
2459.0 institutions hold shares in Colgate-Palmolive Co (CL), with institutional investors hold 85.68% of the company’s shares. The shares outstanding are 821.41M, and float is at 816.05M with Short Float at 1.28%. Institutions hold 85.58% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 80.32 million shares valued at $7.79 billion. The investor’s holdings represent 9.7614% of the CL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 61.62 million shares valued at $5.98 billion to account for 7.4887 of the shares outstanding. The other top investors are STATE STREET CORP which holds 46.65 million shares representing 5.6699% and valued at over $4.53 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 4.6491 of the shares totaling 38.25 million with a market value of $3.71 billion.
Colgate-Palmolive Co (CL) Insider Activity
The most recent transaction is an insider sale by SUTULA STANLEY J III, the company’s Chief Financial Officer. SEC filings show that SUTULA STANLEY J III sold 45,410 shares of the company’s common stock on Nov 05 ’24 at a price of $94.11 per share for a total of $4.27 million. Following the sale, the insider now owns 36726.0 shares.
Still, SEC filings show that on Nov 04 ’24, Tsourapas Panagiotis (Grp Pres, Eur& Developing Mkts) disposed off 20,032 shares at an average price of $93.30 for $1.87 million. The insider now directly holds 49,172 shares of Colgate-Palmolive Co (CL).
