At the time of writing, Colgate-Palmolive Co [CL] stock is trading at $96.74, up 3.70%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CL shares have gain 6.11% over the last week, with a monthly amount glided 11.68%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Colgate-Palmolive Co fluctuated between $85.32 and $109.30. Currently, Wall Street analysts expect the stock to reach $110.5 within the next 12 months. Colgate-Palmolive Co [NYSE: CL] shares were valued at $96.74 at the most recent close of the market. An investor can expect a potential return of 14.22% based on the average CL price forecast.
Analyzing the CL fundamentals
According to Colgate-Palmolive Co [NYSE:CL], the company’s sales were 20.10B for trailing twelve months, which represents an -0.12% plunge. 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 0.18, Equity is 11.56 and Total Capital is 0.43. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of40.15.
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 93.61 points at the first support level, and at 90.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 99.11, and for the 2nd resistance point, it is at 101.47.
Ratios To Look Out For
It is important to note that Colgate-Palmolive Co [NYSE:CL] has a current ratio of 0.92. Also, the Quick Ratio is 0.58, while the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 3.91, the price to book ratio is 370.79 and price to earnings (TTM) ratio is 27.55.
Transactions by insiders
Recent insider trading involved Massey Sally, Chief Human Resources Officer, that happened on Feb 25 ’25 when 8000.0 shares were sold. EVP and Controller, Malcolm Gregory completed a deal on Nov 26 ’24 to sell 1054.0 shares. Meanwhile, Chairman, President & CEO Wallace Noel R. sold 33333.0 shares on Nov 22 ’24.
