A share price of Colgate-Palmolive Co [CL] is currently trading at $91.66, down -4.52%. An important factor to consider is whether the stock is rising or falling in short-term value. The CL shares have lost -1.25% over the last week, with a monthly amount drifted -1.75%, and not 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.
Colgate-Palmolive Co experienced fluctuations in its stock price throughout the past year between $85.32 and $109.30. Currently, Wall Street analysts expect the stock to reach $89 within the next 12 months. Colgate-Palmolive Co [NYSE: CL] shares were valued at $91.66 at the most recent close of the market. An investor can expect a potential drop of -2.9% based on the average CL price forecast.
Analyzing the CL fundamentals
Trailing Twelve Months sales for Colgate-Palmolive Co [NYSE:CL] were 20.10B which represents -0.12% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 40.15.
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 89.41 points at the first support level, and at 87.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 95.82, and for the 2nd resistance point, it is at 99.98.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Colgate-Palmolive Co [NYSE:CL] is 0.92. On the other hand, the Quick Ratio is 0.58, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 3.70, the price to book ratio is 351.32 and price to earnings (TTM) ratio is 26.10.
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.
