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NYSE:CLColgate-Palmolive Stock Price, Forecast & News

$70.75
+0.49 (+0.70 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$70.02
Now: $70.75
$70.93
50-Day Range
$65.55
MA: $69.93
$73.42
52-Week Range
$58.49
Now: $70.75
$77.41
Volume3.43 million shs
Average Volume4.41 million shs
Market Capitalization$60.60 billion
P/E Ratio24.15
Dividend Yield2.49%
Beta0.6
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. The company also provides home care products comprising dishwashing detergents, household cleaners, and fabric conditioners; pet nutrition products for everyday nutritional needs; and a range of therapeutic products to manage disease conditions in dogs and cats. Its principal global and regional trademarks include Colgate, Palmolive, elmex, Tom's of Maine, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Elta MD, PCA Skin, Ajax, Axion, Fabuloso, Soupline, and Suavitel, as well as Hill's Science Diet and Hill's Prescription Diet. The company markets and sells its oral, personal, and home care products to various retailers, wholesalers, and distributors; and pet nutrition products for dogs and cats through pet supply retailers, veterinarians, and e-commerce retailers. Colgate-Palmolive Company was founded in 1806 and is headquartered in New York, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 1.8Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.26 out of 5 stars


Industry, Sector and Symbol

Industry Toilet preparations
Sub-IndustryHousehold Products
SectorConsumer Staples
CUSIP19416210
Phone212-310-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.69 billion
Cash Flow$3.45 per share
Book Value$0.40 per share

Profitability

Net Income$2.37 billion

Miscellaneous

Employees34,300
Market Cap$60.60 billion
Next Earnings Date7/24/2020 (Estimated)
OptionableOptionable

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Colgate-Palmolive (NYSE:CL) Frequently Asked Questions

How has Colgate-Palmolive's stock been impacted by COVID-19 (Coronavirus)?

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. Since then, CL shares have increased by 2.7% and is now trading at $70.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Colgate-Palmolive?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colgate-Palmolive in the last year. There are currently 2 sell ratings, 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Colgate-Palmolive.

When is Colgate-Palmolive's next earnings date?

Colgate-Palmolive is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Colgate-Palmolive.

How were Colgate-Palmolive's earnings last quarter?

Colgate-Palmolive (NYSE:CL) issued its quarterly earnings data on Friday, May, 1st. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.73 by $0.02. The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.07 billion. Colgate-Palmolive had a net margin of 15.86% and a return on equity of 942.99%. The company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the company earned $0.67 earnings per share. View Colgate-Palmolive's earnings history.

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

Colgate-Palmolive declared a quarterly dividend on Wednesday, March 11th. Investors of record on Monday, April 20th will be paid a dividend of $0.44 per share on Friday, May 15th. This represents a $1.76 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend is Friday, April 17th. This is a positive change from Colgate-Palmolive's previous quarterly dividend of $0.43. View Colgate-Palmolive's dividend history.

How will Colgate-Palmolive's stock buyback program work?

Colgate-Palmolive announced that its Board of Directors has initiated a share repurchase program on Monday, June 18th 2018, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

What price target have analysts set for CL?

16 brokers have issued 12 month price objectives for Colgate-Palmolive's stock. Their forecasts range from $58.00 to $91.00. On average, they anticipate Colgate-Palmolive's stock price to reach $76.00 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View analysts' price targets 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 articles about CL stock have trended somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Colgate-Palmolive earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutColgate-Palmolive.

Are investors shorting Colgate-Palmolive?

Colgate-Palmolive saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 10,750,000 shares, an increase of 9.0% from the April 30th total of 9,860,000 shares. Based on an average trading volume of 5,590,000 shares, the short-interest ratio is presently 1.9 days. Currently, 1.3% of the shares of the company are short sold. View Colgate-Palmolive's Current Options Chain.

Who are some of Colgate-Palmolive's key competitors?

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), PepsiCo (PEP), AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Walt Disney (DIS), Coca-Cola (KO), Mcdonald's (MCD) and Intel (INTC).

Who are Colgate-Palmolive's key executives?

Colgate-Palmolive's management team includes the following 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)

What is Colgate-Palmolive's stock symbol?

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

Who are Colgate-Palmolive's major shareholders?

Colgate-Palmolive's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.88%), State Street Corp (5.00%), Massachusetts Financial Services Co. MA (4.10%), Wellington Management Group LLP (3.11%), Bank of New York Mellon Corp (2.17%) and Geode Capital Management LLC (1.66%). 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, Michael B Polk, 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 State Street Corp, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., BlackRock Inc., AQR Capital Management LLC, Canada Pension Plan Investment Board, and Loomis Sayles & Co. L P. 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, Michael B Polk, Noel R Wallace, Patricia Verduin, Philip G Shotts, and Prabha Parameswaran. View insider buying and selling activity for Colgate-Palmolive.

Which major investors are buying Colgate-Palmolive stock?

CL stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Massachusetts Financial Services Co. MA, Nuveen Asset Management LLC, Caisse DE Depot ET Placement DU Quebec, Mackenzie Financial Corp, The Manufacturers Life Insurance Company , Invesco Ltd., and Wellington Management Group LLP. View insider buying and selling activity 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 $70.75.

How big of a company is Colgate-Palmolive?

Colgate-Palmolive has a market capitalization of $60.60 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.

What is Colgate-Palmolive's official website?

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

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]

This page was last updated on 5/24/2020 by MarketBeat.com Staff

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