At the time of writing, Colgate-Palmolive Co. [CL] stock is trading at $97.04, down -0.55%. An important factor to consider is whether the stock is rising or falling in short-term value. The CL shares have gain 1.57% over the last week, with a monthly amount glided 3.26%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Colgate-Palmolive Co. [NYSE: CL] stock has seen the most recent analyst activity on June 24, 2024, when Exane BNP Paribas initiated its Outperform rating and assigned the stock a price target of $109. On January 29, 2024, upgrade upgraded it’s rating to Outperform. BofA Securities upgraded its rating to a Buy but stick to its price target of $90 on December 15, 2023. Jefferies initiated its recommendation with a Buy and recommended $87 as its price target on November 13, 2023. Stifel upgraded its rating to Buy for this stock on October 16, 2023, and downed its price target to $81. In a note dated September 22, 2023, HSBC Securities initiated an Buy rating and provided a target price of $84 on this stock.
For the past year, the stock price of Colgate-Palmolive Co. fluctuated between $67.62 and $99.08. Currently, Wall Street analysts expect the stock to reach $90.13 within the next 12 months. Colgate-Palmolive Co. [NYSE: CL] shares were valued at $97.04 at the most recent close of the market. An investor can expect a potential drop of -7.12% based on the average CL price forecast.
Analyzing the CL fundamentals
According to Colgate-Palmolive Co. [NYSE:CL], the company’s sales were 19.75B for trailing twelve months, which represents an 6.18% jump. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 13.63 and Total Capital is 0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of37.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 96.47 points at the first support level, and at 95.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 97.62, and for the 2nd resistance point, it is at 98.21.
Ratios To Look Out For
It is important to note that Colgate-Palmolive Co. [NYSE:CL] has a current ratio of 1.06. On the other hand, the Quick Ratio is 0.70, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 4.03, the price to book ratio is 346.15 and price to earnings (TTM) ratio is 30.74.
Transactions by insiders
Recent insider trading involved Daniels Jennifer, CLO and Secretary, that happened on May 14 ’24 when 22250.0 shares were sold. Chief Human Resources Officer, Massey Sally completed a deal on May 09 ’24 to sell 12226.0 shares. Meanwhile, Grp Pres, Eur& Developing Mkts Tsourapas Panagiotis sold 12000.0 shares on May 09 ’24.
