Colgate-Palmolive Stock Forecast, Price & News

Colgate-Palmolive's stock was trading at $68.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CL stock has increased by 24.7% and is now trading at $85.90.
View which stocks have been most impacted by COVID-19.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colgate-Palmolive in the last year. There are currently 2 sell ratings, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Colgate-Palmolive or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Colgate-Palmolive a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Colgate-Palmolive wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Colgate-Palmolive is scheduled to release its next quarterly earnings announcement on Friday, January 29th 2021.
View our earnings forecast for Colgate-Palmolive.

Colgate-Palmolive (NYSE:CL) posted its earnings results on Wednesday, November, 4th. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.09. The firm earned $4.15 billion during the quarter, compared to analysts' expectations of $4 billion. Colgate-Palmolive had a return on equity of 383.88% and a net margin of 16.65%. Colgate-Palmolive's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.71 EPS.
View Colgate-Palmolive's earnings history.

Colgate-Palmolive declared a quarterly dividend on Thursday, September 10th. Investors of record on Friday, October 23rd will be paid a dividend of $0.44 per share on Monday, November 16th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend is Thursday, October 22nd.
View Colgate-Palmolive's dividend history.

12 Wall Street analysts have issued 1-year price targets for Colgate-Palmolive's shares. Their forecasts range from $58.00 to $90.00. On average, they expect Colgate-Palmolive's stock price to reach $78.08 in the next year. This suggests that the stock has a possible downside of 9.1%.
View analysts' price targets for Colgate-Palmolive.

Colgate-Palmolive saw a increase in short interest in October. As of October 30th, there was short interest totaling 9,360,000 shares, an increase of 23.2% from the October 15th total of 7,600,000 shares. Based on an average daily volume of 3,320,000 shares, the short-interest ratio is presently 2.8 days. Approximately 1.1% of the shares of the company are sold short.
View Colgate-Palmolive's Short Interest.

Some companies that are related to Colgate-Palmolive include The Procter & Gamble (PG), Kimberly-Clark (KMB), The Clorox (CLX), Church & Dwight (CHD), WD-40 (WDFC), Spectrum Brands (SPB), Central Garden & Pet (CENTA), Oil-Dri Co. of America (ODC) and Orchids Paper Products (TIS).
View all competitors.

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

Colgate-Palmolive trades on the New York Stock Exchange (NYSE) under the ticker symbol "CL."

Colgate-Palmolive's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.00%), State Street Corp (6.18%), Massachusetts Financial Services Co. MA (4.19%), Charles Schwab Investment Management Inc. (0.81%), Nuveen Asset Management LLC (0.68%) and California Public Employees Retirement System (0.58%). Company insiders that own Colgate-Palmolive stock include Daniel B Marsili, Dennis J Hickey, Helene D Gayle, Henning I Jakobsen, Ian M Cook, Jennifer Daniels, John J Huston, John T Cahill, John W Kooyman, Justin Skala, Michael B Polk, Noel R Wallace, Panagiotis Tsourapas, Patricia Verduin, Philip G Shotts, Prabha Parameswaran, Sally Massey and Stephen I Sadove.
View institutional ownership trends for Colgate-Palmolive.

CL stock was sold by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Harding Loevner LP, State Street Corp, AQR Capital Management LLC, Massachusetts Financial Services Co. MA, Nuveen Asset Management LLC, The Manufacturers Life Insurance Company, and Charles Schwab Investment 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, Jennifer Daniels, John J Huston, John T Cahill, John W Kooyman, Michael B Polk, Noel R Wallace, Panagiotis Tsourapas, Patricia Verduin, Philip G Shotts, and Sally Massey.
View insider buying and selling activity for Colgate-Palmolive.

CL stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Arrowstreet Capital Limited Partnership, JPMorgan Chase & Co., DekaBank Deutsche Girozentrale, Victory Capital Management Inc., AXA S.A., Voloridge Investment Management LLC, and Acadian Asset Management LLC.
View insider buying and selling activity for 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.

One share of CL stock can currently be purchased for approximately $85.90.

Colgate-Palmolive has a market capitalization of $73.63 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 34,300 workers across the globe.

The official website for Colgate-Palmolive is www.colgatepalmolive.com.

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]