Colgate-Palmolive Co (CL) stock poised to deliver a potential drop of -1.03%

Colgate-Palmolive Co [CL] stock is trading at $94.62, up 1.13%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CL shares have gain 2.89% over the last week, with a monthly amount drifted -5.81%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Colgate-Palmolive Co [NYSE: CL] stock has seen the most recent analyst activity on October 28, 2024, when Stifel downgraded its rating to a Hold and also revised its price target to $101 from $105. Previously, Piper Sandler started tracking the stock with Overweight rating on September 24, 2024, and set its price target to $121. On September 16, 2024, downgrade downgraded it’s rating to Underweight but maintained its price target of $100 on the stock. Deutsche Bank downgraded its rating to a Hold and increased its price target to $109 on September 09, 2024. HSBC Securities downgraded its rating to a Hold. Jefferies downgraded its rating to Hold for this stock on July 24, 2024, and downed its price target to $95. In a note dated July 23, 2024, TD Cowen initiated an Buy rating and provided a target price of $110 on this stock.

Colgate-Palmolive Co [CL] stock has fluctuated between $75.17 and $109.30 over the past year. Currently, Wall Street analysts expect the stock to reach $93.65 within the next 12 months. Colgate-Palmolive Co [NYSE: CL] shares were valued at $94.62 at the most recent close of the market. An investor can expect a potential drop of -1.03% based on the average CL price forecast.

Analyzing the CL fundamentals

Colgate-Palmolive Co [NYSE:CL] reported sales of 20.11B for the trailing twelve months, which represents a growth of 2.40%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 8.21 and Total Capital is 0.4. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of19.39.

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 93.33 points at the first support level, and at 92.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 95.52, and for the 2nd resistance point, it is at 96.41.

Ratios To Look Out For

For context, Colgate-Palmolive Co’s Current Ratio is 1.04. In addition, the Quick Ratio stands at 0.68 and the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 3.93, the price to book ratio is 177.71 and price to earnings (TTM) ratio is 27.18.

Transactions by insiders

Recent insider trading involved SUTULA STANLEY J III, Chief Financial Officer, that happened on Nov 05 ’24 when 45410.0 shares were sold. Officer, SUTULA STANLEY J III completed a deal on Nov 05 ’24 to buy 45410.0 shares. Meanwhile, Grp Pres, Eur& Developing Mkts Tsourapas Panagiotis sold 20032.0 shares on Nov 04 ’24.

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