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. It offers oral care products, including toothpastes, toothbrushes, and mouthwashes, as well as pharmaceutical products for dentists and other oral health professionals; and personal care products, such as liquid hand soaps, bar soaps, shower gels, deodorants and antiperspirants, skin care products, and shampoos and conditioners.
Read More…
Industry, Sector and Symbol
Industry Toilet preparations
Sub-IndustryHousehold Products
SectorConsumer Staples
Phone212-310-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$15.69 billion
Profitability
Miscellaneous
Employees34,500
Next Earnings Date4/24/2020 (Estimated)
OptionableOptionable
Colgate-Palmolive (NYSE:CL) Frequently Asked Questions
What is Colgate-Palmolive's stock symbol?
Colgate-Palmolive trades on the New York Stock Exchange (NYSE) under the ticker symbol "CL."
How often does Colgate-Palmolive pay dividends? What is the dividend yield for Colgate-Palmolive?
Colgate-Palmolive declared a quarterly dividend on Thursday, January 9th. Stockholders of record on Thursday, January 23rd will be paid a dividend of $0.43 per share on Friday, February 14th. This represents a $1.72 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend is Wednesday, January 22nd. View Colgate-Palmolive's Dividend History.
How will Colgate-Palmolive's stock buyback program work?
Colgate-Palmolive announced that its board has approved a share repurchase program on Monday, June 18th 2018, which allows the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.
How were Colgate-Palmolive's earnings last quarter?
Colgate-Palmolive (NYSE:CL) announced its earnings results on Friday, January, 31st. The company reported $0.73 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.73. The company had revenue of $4.02 billion for the quarter, compared to analysts' expectations of $3.93 billion. Colgate-Palmolive had a return on equity of 1,906.25% and a net margin of 15.08%. The company's quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.74 earnings per share. View Colgate-Palmolive's Earnings History.
When is Colgate-Palmolive's next earnings date?
What guidance has Colgate-Palmolive issued on next quarter's earnings?
Colgate-Palmolive updated its FY 2020
Pre-Market earnings guidance on Friday, January, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $16.321-16.635 billion, compared to the consensus revenue estimate of $16.14 billion.
What price target have analysts set for CL?
17 equities research analysts have issued twelve-month price targets for Colgate-Palmolive's stock. Their forecasts range from $58.00 to $91.00. On average, they expect Colgate-Palmolive's share price to reach $75.36 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for Colgate-Palmolive.
What is the consensus analysts' recommendation for Colgate-Palmolive?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colgate-Palmolive in the last year. There are currently 2 sell ratings, 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Colgate-Palmolive.
What are Wall Street analysts saying about Colgate-Palmolive stock?
Here are some recent quotes from research analysts about Colgate-Palmolive stock:
- 1. According to Zacks Investment Research, "Shares of Colgate have declined and underperformed the industry in the past six months, driven by its strained margin trend. In third-quarter 2019, escalated expenses of raw and packaging materials, including foreign-currency transaction costs, hurt gross margin. This coupled with higher SG&A expenses, as a rate of sales, hurt operating profits. Consequently, earnings fell year over year and are likely to decline in mid-single digits in 2019. Also, adverse currency impacts cannot be ignored. Nevertheless, Colgate expects strong top-line gains from accelerated investments in brands, pricing and innovation along with expansion in new markets and e-commerce capabilities. Moreover, it expects to sustain organic sales growth trend in 2019, backed by higher volume and pricing. Management now estimates organic sales growth of 3-4%." (11/4/2019)
- 2. Wells Fargo & Co analysts commented, "We are raising our price target by $3 to $68 to reflect CL’s fundamental progress to date, but maintain our Market Perform rating largely on valuation." (6/17/2019)
Has Colgate-Palmolive been receiving favorable news coverage?
News coverage about CL stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Colgate-Palmolive earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Colgate-Palmolive.
Who are some of Colgate-Palmolive's key competitors?
What other stocks do shareholders of Colgate-Palmolive own?
Who are Colgate-Palmolive's key executives?
Colgate-Palmolive's management team includes the folowing people:
- Mr. Ian M. Cook, Exec. Chairman (Age 66)
- Mr. Noel R. Wallace, Pres, CEO & Director (Age 55)
- Mr. Henning I. Jakobsen, Chief Financial Officer (Age 59)
- Mr. P. Justin Skala, Exec. VP and Chief Growth & Strategy Officer (Age 59)
- Dr. Patricia D. Verduin Ph.D., Chief Technology Officer (Age 60)
Who are Colgate-Palmolive's major shareholders?
Colgate-Palmolive's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Wealth Quarterback LLC (22.65%), State Street Corp (6.56%), Massachusetts Financial Services Co. MA (3.90%), Bank of New York Mellon Corp (2.13%), Geode Capital Management LLC (1.61%) and First Eagle Investment Management LLC (1.47%). Company insiders that own Colgate-Palmolive stock include Daniel B Marsili, Dennis J Hickey, Franck J Moison, Helene D Gayle, Henning I Jakobsen, Ian M Cook, Jennifer Daniels, John J Huston, John T Cahill, John W Kooyman, Justin Skala, Mukul Deoras, Noel R Wallace, Patricia Verduin, Philip G Shotts, Prabha Parameswaran and Stephen I Sadove. View Institutional Ownership Trends for Colgate-Palmolive.
Which major investors are selling Colgate-Palmolive stock?
CL stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Bank of New York Mellon Corp, FIL Ltd, Bessemer Group Inc., AJO LP, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd and Panagora Asset Management Inc.. Company insiders that have sold Colgate-Palmolive company stock in the last year include Daniel B Marsili, Helene D Gayle, Henning I Jakobsen, Ian M Cook, John J Huston, John T Cahill, John W Kooyman, Justin Skala, Noel R Wallace, Patricia Verduin, Philip G Shotts, Prabha Parameswaran and Stephen I Sadove. View Insider Buying and Selling for Colgate-Palmolive.
Which major investors are buying Colgate-Palmolive stock?
CL stock was purchased by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, Amundi Pioneer Asset Management Inc., M&G Investment Management Ltd., Eaton Vance Management, Great West Life Assurance Co. Can, Levin Easterly Partners LLC, GUARDCAP ASSET MANAGEMENT Ltd and Banque Pictet & Cie SA. View Insider Buying and Selling for Colgate-Palmolive.
How do I buy shares of Colgate-Palmolive?
Shares of CL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Colgate-Palmolive's stock price today?
One share of CL stock can currently be purchased for approximately $68.04.
How big of a company is Colgate-Palmolive?
Colgate-Palmolive has a market capitalization of $58.18 billion and generates $15.69 billion in revenue each year. The company earns $2.37 billion in net income (profit) each year or $2.83 on an earnings per share basis. Colgate-Palmolive employs 34,500 workers across the globe.View Additional Information About Colgate-Palmolive.
What is Colgate-Palmolive's official website?
How can I contact Colgate-Palmolive?
Colgate-Palmolive's mailing address is 300 PARK AVE, NEW YORK NY, 10022. The company can be reached via phone at 212-310-2000 or via email at [email protected]
MarketBeat Community Rating for Colgate-Palmolive (NYSE CL)
MarketBeat's community ratings are surveys of what our community members think about Colgate-Palmolive and other stocks. Vote "Outperform" if you believe CL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CL will underperform the S&P 500 over the long term. You may vote once every thirty days.
