NYSE:CL

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

$73.76

+0.54 (+0.74%)

(As of 09/20/2023 ET)

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Today's Range: $73.03
▼
$73.95
50-Day Range: $72.32
▼
$77.99
52-Week Range: $67.84
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$82.09

Volume: 4.14 million shs
Average Volume: 3.35 million shs
Market Capitalization: $60.98 billion

P/E Ratio: 40.98
Dividend Yield: 2.60%
Price Target: $85.33

Colgate-Palmolive MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.64 Rating Score
Upside/Downside: 15.7% Upside
$85.33 Price Target
Short Interest: Healthy
1.19% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.16
Upright™ Environmental Score
News Sentiment: 0.66
Based on 32 Articles This Week
Insider Trading: Selling Shares
$7.84 M Sold Last Quarter
Proj. Earnings Growth: 8.83%
From $3.17 to $3.45 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Consumer Staples Sector

32nd out of 134 stocks

Toilet Preparations Industry

4th out of 11 stocks

2.3

Analyst's Opinion

Consensus Rating
Colgate-Palmolive has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $85.33, Colgate-Palmolive has a forecasted upside of 15.7% from its current price of $73.76.
Amount of Analyst Coverage
Colgate-Palmolive has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.19% 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 2.2, 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 0.82%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Yield
Colgate-Palmolive pays a meaningful dividend of 2.60%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Colgate-Palmolive has been increasing its dividend for 61 years.
Dividend Coverage
The dividend payout ratio of Colgate-Palmolive is 106.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Colgate-Palmolive will have a dividend payout ratio of 55.65% next year. This indicates that Colgate-Palmolive will be able to sustain or increase its dividend.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Colgate-Palmolive has received a 26.09% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Dental health products", "Detergents", and "Shampoo" products. See details.
Environmental Sustainability
The Environmental Impact score for Colgate-Palmolive is -2.16.

3.1

News and Social Media Coverage

News Sentiment
Colgate-Palmolive has a news sentiment score of 0.66. 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 0.50 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 32 news articles for Colgate-Palmolive this week, compared to 6 articles on an average week.
Search Interest
Only 15 people have searched for CL on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
MarketBeat Follows
18 people have added Colgate-Palmolive to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

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 $7,838,332.00 in company stock.
Percentage Held by Insiders
Only 0.34% of the stock of Colgate-Palmolive is held by insiders.
Percentage Held by Institutions
78.36% of the stock of Colgate-Palmolive is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Colgate-Palmolive are expected to grow by 8.83% in the coming year, from $3.17 to $3.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Colgate-Palmolive is 40.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.11.
Price to Earnings Ratio vs. Sector
The P/E ratio of Colgate-Palmolive is 40.98, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.49.
Price to Earnings Growth Ratio
Colgate-Palmolive has a PEG Ratio of 3.14. 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 76.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Colgate-Palmolive (NYSE:CL) Stock

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. The company 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, Soupline, and Cuddly to a range of traditional and eCommerce retailers, wholesalers, and distributors. It also includes pharmaceutical products for dentists and other oral health professionals. The Pet Nutrition segment offers pet nutrition products for everyday nutritional needs under the Hill's Science Diet brand; and a range of therapeutic products to manage disease conditions in dogs and cats 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 Price History

30 days | 90 days | 365 days | Advanced Chart

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