The stock of Colgate-Palmolive Co. (CL) has gone up by 2.56% for the week, with a 4.83% rise in the past month and a 16.56% rise in the past quarter. The volatility ratio for the week is 1.21%, and the volatility levels for the past 30 days are 1.52% for CL. The simple moving average for the past 20 days is 4.44% for CL’s stock, with a 20.53% simple moving average for the past 200 days.
Is It Worth Investing in Colgate-Palmolive Co. (NYSE: CL) Right Now?
The price-to-earnings ratio for Colgate-Palmolive Co. (NYSE: CL) is 31.33x, which is above its average ratio. Moreover, the 36-month beta value for CL is 0.40. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 17 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CL is 816.24M and currently, short sellers hold a 1.00% of that float. On September 04, 2024, CL’s average trading volume was 3.98M shares.
CL) stock’s latest price update
Colgate-Palmolive Co. (NYSE: CL) has seen a rise in its stock price by 1.20 in relation to its previous close of 106.50. However, the company has experienced a 2.56% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-28 that Investment activity in July focused on Business Development Companies, with $2,000 added to the market. Adjusted dividend income in July of $709, up 19% Y/Y and down 4% sequentially. Main picks included Blackstone Secured Lending, Ares Capital and Owl Rock Capital.
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 7.64% 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 able to rebound, for now settling with 0.99% of gains for the given period.
Volatility was left at 1.52%, however, over the last 30 days, the volatility rate increased by 1.21%, as shares surge +6.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.80% upper at present.
During the last 5 trading sessions, CL rose by +2.56%, which changed the moving average for the period of 200-days by +40.59% in comparison to the 20-day moving average, which settled at $103.54. In addition, Colgate-Palmolive Co. saw 35.22% 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 HUNDMEJEAN MARTINA, who sale 2,313 shares at the price of $103.86 back on Aug 23 ’24. After this action, HUNDMEJEAN MARTINA now owns 11,755 shares of Colgate-Palmolive Co., valued at $240,228 using the latest closing price.
HUNDMEJEAN MARTINA, the Director of Colgate-Palmolive Co., proposed sale 2,313 shares at $103.86 during a trade that took place back on Aug 23 ’24, which means that HUNDMEJEAN MARTINA is holding shares at $240,228 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 4.78. 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
To wrap up, the performance of Colgate-Palmolive Co. (CL) has been better in recent times. The stock has received a bullish of “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.
