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

$95.17
+0.78 (+0.83%)
(As of 05:26 PM ET)
Today's Range
$94.43
$95.23
50-Day Range
$85.82
$95.10
52-Week Range
$67.62
$95.59
Volume
5.00 million shs
Average Volume
4.61 million shs
Market Capitalization
$78.08 billion
P/E Ratio
30.12
Dividend Yield
2.10%
Price Target
$92.35

Colgate-Palmolive MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
3.0% Downside
$92.35 Price Target
Short Interest
Healthy
1.30% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.16
Upright™ Environmental Score
News Sentiment
0.91mentions of Colgate-Palmolive in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$1.48 M Sold Last Quarter
Proj. Earnings Growth
8.78%
From $3.53 to $3.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.66 out of 5 stars

Consumer Staples Sector

9th out of 126 stocks

Toilet Preparations Industry

1st out of 12 stocks

CL stock logo

About Colgate-Palmolive Stock (NYSE:CL)

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.

CL Stock Price History

CL Stock News Headlines

Oil prices dip amid Iran uncertainty, US rate jitters
Argus Raises Colgate-Palmolive (NYSE:CL) Price Target to $107.00
CL May 2024 90.000 call
CL May 2024 104.000 call
Stifel Nicolaus Keeps Their Buy Rating on Colgate-Palmolive (CL)
See More Headlines
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Company Calendar

Ex-Dividend for 5/15 Dividend
4/19/2024
Last Earnings
4/26/2024
Dividend Payable
5/15/2024
Today
5/21/2024
Next Earnings (Estimated)
7/26/2024
Fiscal Year End
12/31/2024

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
$92.35
High Stock Price Target
$107.00
Low Stock Price Target
$76.00
Potential Upside/Downside
-2.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
16 Analysts

Profitability

Net Income
$2.30 billion
Pretax Margin
19.23%

Debt

Sales & Book Value

Annual Sales
$19.46 billion
Cash Flow
$3.97 per share
Book Value
$1.16 per share

Miscellaneous

Free Float
817,405,000
Market Cap
$77.64 billion
Optionable
Optionable
Beta
0.40

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CL Stock Analysis - Frequently Asked Questions

Should I buy or sell Colgate-Palmolive stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Colgate-Palmolive in the last twelve months. There are currently 3 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CL shares.
View CL analyst ratings
or view top-rated stocks.

What is Colgate-Palmolive's stock price target for 2024?

16 brokers have issued 1 year target prices for Colgate-Palmolive's stock. Their CL share price targets range from $76.00 to $107.00. On average, they expect the company's share price to reach $92.35 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for CL
or view top-rated stocks among Wall Street analysts.

How have CL shares performed in 2024?

Colgate-Palmolive's stock was trading at $79.71 at the beginning of 2024. Since then, CL shares have increased by 19.4% and is now trading at $95.17.
View the best growth stocks for 2024 here
.

Are investors shorting Colgate-Palmolive?

Colgate-Palmolive saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 10,650,000 shares, an increase of 13.1% from the April 15th total of 9,420,000 shares. Based on an average daily volume of 4,340,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.3% of the shares of the stock are short sold.
View Colgate-Palmolive's Short Interest
.

When is Colgate-Palmolive's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024.
View our CL earnings forecast
.

How were Colgate-Palmolive's earnings last quarter?

Colgate-Palmolive (NYSE:CL) announced its earnings results on Friday, April, 26th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.04. The firm had revenue of $5.07 billion for the quarter, compared to analysts' expectations of $4.96 billion. Colgate-Palmolive had a trailing twelve-month return on equity of 485.40% and a net margin of 13.22%. Colgate-Palmolive's revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.73 EPS.
Read the conference call transcript
.

How often does Colgate-Palmolive pay dividends? What is the dividend yield for Colgate-Palmolive?

Colgate-Palmolive declared a quarterly dividend on Thursday, March 14th. Stockholders of record on Monday, April 22nd will be given a dividend of $0.50 per share on Wednesday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Friday, April 19th. This is an increase from the stock's previous quarterly dividend of $0.48.
Read our dividend analysis for CL
.

Is Colgate-Palmolive a good dividend stock?

Colgate-Palmolive (NYSE:CL) pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.12%. The company has been increasing its dividend for 62 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 63.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CL will have a dividend payout ratio of 52.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CL.

What guidance has Colgate-Palmolive issued on next quarter's earnings?

Colgate-Palmolive issued an update on its FY 2024 earnings guidance on Friday, April, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $19.8 billion-$20.4 billion, compared to the consensus revenue estimate of $18.8 billion.

What is Noel Wallace's approval rating as Colgate-Palmolive's CEO?

195 employees have rated Colgate-Palmolive Chief Executive Officer Noel Wallace on Glassdoor.com. Noel Wallace has an approval rating of 95% among the company's employees. This puts Noel Wallace in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Colgate-Palmolive own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Colgate-Palmolive investors own include Johnson & Johnson (JNJ), Procter & Gamble (PG), AT&T (T), AbbVie (ABBV), PepsiCo (PEP), Verizon Communications (VZ), Coca-Cola (KO), Intel (INTC), McDonald's (MCD) and Walt Disney (DIS).

Who are Colgate-Palmolive's major shareholders?

Colgate-Palmolive's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.70%), Price T Rowe Associates Inc. MD (5.01%), First Eagle Investment Management LLC (1.29%), GUARDCAP ASSET MANAGEMENT Ltd (0.85%), Bank of New York Mellon Corp (0.75%) and Nordea Investment Management AB (0.63%). Insiders that own company stock include C Martin Harris, Gregory Malcolm, Jennifer Daniels, John P Bilbrey, John T Cahill, John W Kooyman, Lorrie M Norrington, Noel R Wallace, Panagiotis Tsourapas, Patricia Verduin, Philip G Shotts, Prabha Parameswaran, Sally Massey and Stephen I Sadove.
View institutional ownership trends
.

How do I buy shares of Colgate-Palmolive?

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.

Does Colgate-Palmolive have any subsidiaries?
The following companies are subsidiares of Colgate-Palmolive: 887357 Ontario Inc., COLGALIVE S.A., CP GABA GmbH, CP International Holding C.V., CP West East Investment Limited, Cleaning Dimensions Inc., Colgate (BVI) Limited, Colgate (Guangzhou) Company Limited, Colgate (U.K.) Limited, Colgate Business Services of the Americas S.C., Colgate Flavors and Fragrances Inc., Colgate Global Business Services Private Limited, Colgate Holdings, Colgate Inc., Colgate Oral Pharmaceuticals Inc., Colgate Palmolive Ghana Limited, Colgate Palmolive Holding S.Com.P.A., Colgate Palmolive Nouvelle Caledonie Sarl, Colgate Palmolive Tanzania Limited, Colgate Sanxiao Company Limited, Colgate Venture Company Inc., Colgate-Palmolive (America) Inc., Colgate-Palmolive (Asia) Pte Ltd, Colgate-Palmolive (Blantyre) Limited, Colgate-Palmolive (Brunei) Sdn Bhn, Colgate-Palmolive (Central America) Inc., Colgate-Palmolive (Central America) Inc. y Compañia Limitada, Colgate-Palmolive (Centro America) S.A., Colgate-Palmolive (China) Co. Ltd, Colgate-Palmolive (Costa Rica) S.A., Colgate-Palmolive (Dominica) Inc., Colgate-Palmolive (Dominican Republic) Inc., Colgate-Palmolive (East Africa) Limited, Colgate-Palmolive (Eastern) Pte. Ltd., Colgate-Palmolive (Egypt) S.A.E., Colgate-Palmolive (Far East) Sdn Bhd, Colgate-Palmolive (Fiji) Pte Limited, Colgate-Palmolive (Gabon) S.A., Colgate-Palmolive (Guyana) Ltd., Colgate-Palmolive (H.K.) Limited, Colgate-Palmolive (Hellas) S.A. I.C., Colgate-Palmolive (Hong Kong) Holding Limited, Colgate-Palmolive (Kazakhstan) L.L.P., Colgate-Palmolive (Latvia) Ltd., Colgate-Palmolive (Malaysia) Sdn Bhd, Colgate-Palmolive (Middle East Exports) Ltd., Colgate-Palmolive (Myanmar) Limited, Colgate-Palmolive (New York) Inc., Colgate-Palmolive (Poland) Sp. z o.o., Colgate-Palmolive (Proprietary) Limited, Colgate-Palmolive (Research & Development) Inc., Colgate-Palmolive (Romania) SRL, Colgate-Palmolive (Thailand) Limited, Colgate-Palmolive (UK) Limited, Colgate-Palmolive (Uganda) Limited, Colgate-Palmolive (Vietnam) Ltd., Colgate-Palmolive (Zambia) Inc., Colgate-Palmolive (Zimbabwe) Inc., Colgate-Palmolive A.B., Colgate-Palmolive A/S, Colgate-Palmolive Adria Ltd., Colgate-Palmolive Argentina S.A., Colgate-Palmolive Asia Pacific Limited, Colgate-Palmolive Asia Pacific Treasury Services Limited, Colgate-Palmolive Belgium S.A., Colgate-Palmolive Bolivia Ltda., Colgate-Palmolive Canada Inc., Colgate-Palmolive Caricom Service Co. Inc., Colgate-Palmolive Central European Management Inc., Colgate-Palmolive Chile S.A., Colgate-Palmolive Cia., Colgate-Palmolive Comercial Ltda., Colgate-Palmolive Commercial (Hellas) SP LLC, Colgate-Palmolive Commerciale S.A.S., Colgate-Palmolive Commericale S.r.l., Colgate-Palmolive Compania Anonima, Colgate-Palmolive Company Distr. LLC, Colgate-Palmolive Company GmbH, Colgate-Palmolive Cote d’Ivoire S.A., Colgate-Palmolive Cyprus Limited, Colgate-Palmolive Development Corp., Colgate-Palmolive East West Africa Region (Pty) Ltd, Colgate-Palmolive Enterprises Inc., Colgate-Palmolive Espana S.A., Colgate-Palmolive Europe (Holdings) Sarl, Colgate-Palmolive Europe Sarl, Colgate-Palmolive Finance (UK) plc, Colgate-Palmolive Global Trading Company, Colgate-Palmolive Holding Argentina S.A., Colgate-Palmolive Holding Inc., Colgate-Palmolive Hungary Kft Limited Liability Company, Colgate-Palmolive IHQ Services (Thailand) Limited, Colgate-Palmolive Inc., Colgate-Palmolive Inc. S.A., Colgate-Palmolive Industrial Ltda., Colgate-Palmolive Industriel S.A.S., Colgate-Palmolive International Holding LLC, Colgate-Palmolive International LLC, Colgate-Palmolive Investment Co. Inc., Colgate-Palmolive Investments (BVI) Ltd., Colgate-Palmolive Investments (PNG) Ltd., Colgate-Palmolive Investments (UK) Limited, Colgate-Palmolive Investments Inc., Colgate-Palmolive Israel Ltd., Colgate-Palmolive Italia S.r.l., Colgate-Palmolive JSC, Colgate-Palmolive Lanka (Private) Limited, Colgate-Palmolive Latin America Inc., Colgate-Palmolive Limited, Colgate-Palmolive Manufacturing (Poland) Sp. z o.o., Colgate-Palmolive Marketing Sdn Bhd, Colgate-Palmolive Maroc S.A., Colgate-Palmolive Mocambique Limitada, Colgate-Palmolive NJ Inc., Colgate-Palmolive Nederland B.V., Colgate-Palmolive Norge A/S, Colgate-Palmolive Participacoes e Investimentos Imobiliarios Lda., Colgate-Palmolive Peru S.A., Colgate-Palmolive Philippines Inc., Colgate-Palmolive Pty Ltd, Colgate-Palmolive Retirement Trustee Limited, Colgate-Palmolive S.A. de C.V., Colgate-Palmolive S.p.A., Colgate-Palmolive Senegal S.A., Colgate-Palmolive Services (Hellas) LLC, Colgate-Palmolive Services (Poland) Sp. z o.o., Colgate-Palmolive Services CEW GmbH, Colgate-Palmolive Services S.A., Colgate-Palmolive Slovensko s.r.o., Colgate-Palmolive Support Services, Colgate-Palmolive Temizlik Urunleri Sanayi ve Ticart S.A., Colgate-Palmolive Transnational Inc., Colgate-Palmolive Ukraine LLC, Colgate-Palmolive Unipessoal Lda, Colgate-Palmolive de Paraguay Sociedad Anonima, Colgate-Palmolive de Puerto Rico Inc., Colgate-Palmolive del Ecuador S.A.I.C., Colgate-Palmolive del Peru (Delaware) Inc., Colgate-Palmolive Èeská republika spol. s r.o., Colpal CBS S de R. L. de C. V., Consumer Viewpoint Center Inc., Cotelle S.A., Dimac Development Corp., Dominica Coconut Products Limited, EKIB Inc., ELM Company Limited, Elta MD Holdings Inc., Elta MD Inc., EltaMD, Filorga Americas Inc., Filorga Asia Limited, Filorga Benelux SA, Filorga Cosmetiques Polska, Filorga Middle East DMCC, Filorga Portugal Unipessoal Lda., Filorga RU Limited Liability Company, GABA Europe Holding GmbH, GABA International, GABA International Holding LLC, GABA Schweiz AG, GABA Therwil GmbH, Gamma Development Co. Ltd., Global Trading and Supply LLC, Hamol Ltd., Hello Products, Hello Products LLC, Hill’s Funding Company, Hill’s Pet Nutrition (NZ) Limited, Hill’s Pet Nutrition (Thailand) Co. Ltd., Hill’s Pet Nutrition Asia Limited, Hill’s Pet Nutrition B.V., Hill’s Pet Nutrition Canada Inc., Hill’s Pet Nutrition Denmark ApS, Hill’s Pet Nutrition Espana S.L., Hill’s Pet Nutrition GmbH, Hill’s Pet Nutrition Holding B.V., Hill’s Pet Nutrition Inc., Hill’s Pet Nutrition Indiana Inc., Hill’s Pet Nutrition Italia S.r.l., Hill’s Pet Nutrition Korea Ltd., Hill’s Pet Nutrition Ltd., Hill’s Pet Nutrition Manufacturing B.V., Hill’s Pet Nutrition Manufacturing s.r.o, Hill’s Pet Nutrition Norway AS, Hill’s Pet Nutrition OOO, Hill’s Pet Nutrition Pty. Limited, Hill’s Pet Nutrition S.p.A., Hill’s Pet Nutrition SNC, Hill’s Pet Nutrition Sales Inc., Hill’s Pet Nutrition South Africa Proprietary Limited, Hill’s Pet Nutrition Sweden AB, Hill’s Pet Nutrition Switzerland GmbH, Hill’s Pet Nutrition Taiwan Ltd, Hill’s Pet Nutrition Trading (GZ) Co. Ltd, Hill’s Pet Nutrition de Mexico S.A. de C.V., Hill’s Pet Nutrition de Puerto Rico Inc., Hill’s Pet Nutrition s.r.o., Hill’s Pet Products (Benelux) S.A., Hill’s Pet Products Inc., Hill’s Veterinary Companies of America Inc., Hill’s-Colgate (Japan) Ltd., Hopro Liquidating Corp., Hygiene Systemes et Services SA, IES Enterprises Inc., Inmobiliaria Colpal S. de R.L. de C.V., Inmobiliaria Hills S.A. de C.V., Innovacion Creativa S.A. de C.V., Kolynos Corporation, Laboratoires Filorga Cosmetiques Espana S.L.U., Laboratoires Filorga Cosmetiques Italia S.R.L., Laboratoires Filorga Cosmétiques S.A., Laser Brand Toothpaste, Lournay Sales Inc., Mennen Company, Mennen Interamerica Ltd., Mennen Limited, Mennen South Africa Ltd., Mennen de Chile Ltd., Mennen de Nicargua S.A., Mission Hills Property Corporation, Mission Hills S.A. de C.V., Norwood International Incorporated, Olive Music Publishing Corporation, PCA SKIN, Paramount Research Inc., Penny LLC, Pet Chemicals Inc., Physicians Care Alliance LLC, Productos Halogenados Copalven C.A., Purity Holding Company, Purity Music Publishing Corporation, Refresh Company Limited, Samuel Taylor Holdings B.V., Sanex, Sanxiao Company Limited, Services Development Co. Ltd., Societe Generale de Negoce et de Services (GENESE) S.A., The GDN - The Global Distributive Network SAS, The Lournay Company Inc., The MPDP - The Medical and Pharmaceutic Distributive Platform SAS, The Murphy-Phoenix Company, Tom's of Maine, Tom’s of Maine Holdings Inc., Tom’s of Maine Inc., Veterinary Companies of America Inc., Vipont Pharmaceutical Inc., and XEB Inc..
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This page (NYSE:CL) was last updated on 5/21/2024 by MarketBeat.com Staff

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