Colgate-Palmolive Co. (NYSE: CL) has experienced a decline in its stock price by -1.75 compared to its previous closing price of 102.81. However, the company has seen a gain of 0.13% in its stock price over the last five trading days. zacks.com reported 2024-08-02 that Here is how Colgate-Palmolive (CL) and Ollie’s Bargain Outlet (OLLI) have performed compared to their sector so far this year.
Is It Worth Investing in Colgate-Palmolive Co. (NYSE: CL) Right Now?
The price-to-earnings ratio for Colgate-Palmolive Co. (NYSE: CL) is above average at 29.36x, Company’s 36-month beta value is 0.38.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 17 as “hold,” and 1 as “sell.”
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The public float for CL is 816.23M, and currently, short sellers hold a 1.09% ratio of that floaft. The average trading volume of CL on August 05, 2024 was 4.10M shares.
CL’s Market Performance
CL’s stock has seen a 0.13% increase for the week, with a 4.08% rise in the past month and a 8.75% gain in the past quarter. The volatility ratio for the week is 2.28%, and the volatility levels for the past 30 days are at 1.56% for Colgate-Palmolive Co. The simple moving average for the past 20 days is 2.56% for CL’s stock, with a 16.77% simple moving average for the past 200 days.
Analysts’ Opinion of CL
Jefferies, on the other hand, stated in their research note that they expect to see CL reach a price target of $95, previously predicting the price at $103. The rating they have provided for CL stocks is “Hold” according to the report published on July 24th, 2024.
TD Cowen gave a rating of “Buy” to CL, setting the target price at $110 in the report published on July 23rd of the current year.
CL Trading at 4.79% from the 50-Day Moving Average
After a stumble in the market that brought CL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.26% of loss for the given period.
Volatility was left at 1.56%, however, over the last 30 days, the volatility rate increased by 2.28%, as shares surge +3.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.41% upper at present.
During the last 5 trading sessions, CL fell by -0.05%, which changed the moving average for the period of 200-days by +39.89% in comparison to the 20-day moving average, which settled at $98.65. In addition, Colgate-Palmolive Co. saw 26.72% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CL starting from Tsourapas Panagiotis, who proposed sale 40,000 shares at the price of $99.47 back on Jul 31 ’24. After this action, Tsourapas Panagiotis now owns shares of Colgate-Palmolive Co., valued at $3,978,659 using the latest closing price.
Tsourapas Panagiotis, the Grp Pres, Eur& Developing Mkts of Colgate-Palmolive Co., sale 40,000 shares at $99.47 during a trade that took place back on Jul 31 ’24, which means that Tsourapas Panagiotis is holding 5,146 shares at $3,978,660 based on the most recent closing price.
Stock Fundamentals for CL
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.6 for the gross margin
The net margin for Colgate-Palmolive Co. stands at 0.14. The total capital return value is set at 0.4. Equity return is now at value 9627.12, with 17.37 for asset returns.
Based on Colgate-Palmolive Co. (CL), the company’s capital structure generated 0.99 points at debt to capital in total, while cash flow to debt ratio is standing at 0.46. The debt to equity ratio resting at 70.54. The interest coverage ratio of the stock is 18.84.
Currently, EBITDA for the company is 4.7 billion with net debt to EBITDA at 1.53. When we switch over and look at the enterprise to sales, we see a ratio of 4.5. The receivables turnover for the company is 10.95for trailing twelve months and the total asset turnover is 1.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.
Conclusion
In a nutshell, Colgate-Palmolive Co. (CL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
