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NYSE:CL

Colgate-Palmolive (CL) Stock Price, News & Analysis

Colgate-Palmolive logo
$96.76 +0.18 (+0.19%)
(As of 11/27/2024 ET)

About Colgate-Palmolive Stock (NYSE:CL)

Key Stats

Today's Range
$96.69
$97.96
50-Day Range
$90.21
$103.80
52-Week Range
$75.50
$109.30
Volume
3.43 million shs
Average Volume
4.39 million shs
Market Capitalization
$79.05 billion
P/E Ratio
27.73
Dividend Yield
2.07%
Price Target
$105.11
Consensus Rating
Moderate Buy

Company Overview

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products in the United States and internationally. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, skin health products, dishwashing detergents, fabric conditioners, household cleaners, and other related items. This segment markets and sells its products under various brands, which include Colgate, Darlie, elmex, hello, meridol, Sorriso, Tom's of Maine, Irish Spring, Palmolive, Protex, Sanex, Softsoap, Lady Speed Stick, Speed Stick, EltaMD, Filorga, PCA SKIN, Ajax, Axion, Fabuloso, Murphy, Suavitel, and Soupline to a range of traditional and eCommerce retailers, wholesalers, and distributors. It includes pharmaceutical products for dentists and other oral health professionals. Its Pet Nutrition segment offers pet nutrition products for everyday nutritional needs under the Hill's Science Diet brand; and a range of therapeutic pet products to help nutritionally support dogs and cats in different stages of health under the Hill's Prescription Diet brand. This segment markets and sells its products through pet supply retailers, veterinarians, and eCommerce retailers. Colgate-Palmolive Company was founded in 1806 and is headquartered in New York, New York.

Colgate-Palmolive Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

CL MarketRank™: 

Colgate-Palmolive scored higher than 93% of companies evaluated by MarketBeat, and ranked 14th out of 144 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Colgate-Palmolive has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 12 buy ratings, 9 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Colgate-Palmolive has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Colgate-Palmolive's stock forecast and price target.
  • Earnings Growth

    Earnings for Colgate-Palmolive are expected to grow by 7.80% in the coming year, from $3.59 to $3.87 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Colgate-Palmolive is 27.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.19.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Colgate-Palmolive is 27.73, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 24.21.

  • Price to Earnings Growth Ratio

    Colgate-Palmolive has a PEG Ratio of 3.40. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Colgate-Palmolive has a P/B Ratio of 94.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Colgate-Palmolive's valuation and earnings.
  • Percentage of Shares Shorted

    1.37% of the float of Colgate-Palmolive has been sold short.
  • Short Interest Ratio / Days to Cover

    Colgate-Palmolive has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Colgate-Palmolive has recently increased by 7.49%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Colgate-Palmolive pays a meaningful dividend of 2.10%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Colgate-Palmolive has been increasing its dividend for 62 years.

  • Dividend Coverage

    The dividend payout ratio of Colgate-Palmolive is 57.31%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Colgate-Palmolive will have a dividend payout ratio of 51.68% next year. This indicates that Colgate-Palmolive will be able to sustain or increase its dividend.

  • Read more about Colgate-Palmolive's dividend.
  • Percentage of Shares Shorted

    1.37% of the float of Colgate-Palmolive has been sold short.
  • Short Interest Ratio / Days to Cover

    Colgate-Palmolive has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Colgate-Palmolive has recently increased by 7.49%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Colgate-Palmolive has a news sentiment score of 1.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 27 news articles for Colgate-Palmolive this week, compared to 13 articles on an average week.
  • Search Interest

    Only 28 people have searched for CL on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.
  • MarketBeat Follows

    Only 7 people have added Colgate-Palmolive to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Colgate-Palmolive insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,273,535.00 in company stock.

  • Percentage Held by Insiders

    Only 0.37% of the stock of Colgate-Palmolive is held by insiders.

  • Percentage Held by Institutions

    80.41% of the stock of Colgate-Palmolive is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Colgate-Palmolive's insider trading history.
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CL Stock News Headlines

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Colgate Palmolive put volume heavy and directionally bearish
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CL Stock Analysis - Frequently Asked Questions

Colgate-Palmolive's stock was trading at $79.71 on January 1st, 2024. Since then, CL shares have increased by 21.4% and is now trading at $96.76.
View the best growth stocks for 2024 here
.

Colgate-Palmolive (NYSE:CL) released its earnings results on Friday, October, 27th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.80 by $0.06. Colgate-Palmolive's quarterly revenue was up 10.3% compared to the same quarter last year.
Read the conference call transcript
.

Colgate-Palmolive subsidiaries include these companies: Hello Products, EltaMD, PCA SKIN, Laser Brand Toothpaste, Sanex, Tom's of Maine, GABA International, and others.

Colgate-Palmolive's top institutional shareholders include State Street Corp (5.93%), Geode Capital Management LLC (2.47%), Wellington Management Group LLP (1.86%) and Massachusetts Financial Services Co. MA (1.17%). Insiders that own company stock include Noel R Wallace, Jennifer Daniels, Philip G Shotts, Stanley J Sutula III, Lorrie M Norrington, John P Bilbrey, C Martin Harris, Sally Massey, Prabha Parameswaran, Stephen I Sadove, Martina Hundmejean, Gregory Malcolm, Panagiotis Tsourapas, John W Kooyman, John T Cahill and Patricia Verduin.
View institutional ownership trends
.

Shares of CL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Colgate-Palmolive investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Comcast (CMCSA), Exxon Mobil (XOM), Walmart (WMT), Johnson & Johnson (JNJ) and Charles Schwab (SCHW).

Company Calendar

Last Earnings
10/27/2023
Ex-Dividend for 11/15 Dividend
10/18/2024
Dividend Payable
11/15/2024
Today
11/28/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/24/2025

Industry, Sector and Symbol

Industry
Toilet preparations
Sub-Industry
Household Products
CUSIP
19416210
Employees
34,000
Year Founded
1806

Price Target and Rating

Average Stock Price Target
$105.11
High Stock Price Target
$122.00
Low Stock Price Target
$91.00
Potential Upside/Downside
+8.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
22 Analysts

Profitability

Net Income
$2.30 billion
Pretax Margin
19.65%

Debt

Sales & Book Value

Annual Sales
$19.46 billion
Cash Flow
$4.00 per share
Book Value
$1.02 per share

Miscellaneous

Free Float
813,988,000
Market Cap
$79.05 billion
Optionable
Optionable
Beta
0.42

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This page (NYSE:CL) was last updated on 11/28/2024 by MarketBeat.com Staff
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