The stock price of Colgate-Palmolive Co. (NYSE: CL) has plunged by -3.61 when compared to previous closing price of 99.74, but the company has seen a -4.30% decline in its stock price over the last five trading sessions. zacks.com reported 2024-10-25 that While the top- and bottom-line numbers for Colgate-Palmolive (CL) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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 27.94x. The 36-month beta value for CL is also noteworthy at 0.40. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 17 rating it as “hold,” and 1 rating it as “sell.”
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The public float for CL is 816.10M, and at present, short sellers hold a 1.26% of that float. The average trading volume of CL on October 25, 2024 was 4.23M shares.
CL’s Market Performance
The stock of Colgate-Palmolive Co. (CL) has seen a -4.30% decrease in the past week, with a -6.71% drop in the past month, and a -4.70% fall in the past quarter. The volatility ratio for the week is 1.31%, and the volatility levels for the past 30 days are at 1.44% for CL. The simple moving average for the past 20 days is -4.10% for CL’s stock, with a 2.05% simple moving average for the past 200 days.
Analysts’ Opinion of CL
Many brokerage firms have already submitted their reports for CL stocks, with Piper Sandler repeating the rating for CL by listing it as a “Overweight.” The predicted price for CL in the upcoming period, according to Piper Sandler is $121 based on the research report published on September 24, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see CL reach a price target of $100. The rating they have provided for CL stocks is “Underweight” according to the report published on September 16th, 2024.
Deutsche Bank gave a rating of “Hold” to CL, setting the target price at $109 in the report published on September 09th of the current year.
CL Trading at -6.73% 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 -12.04% of loss for the given period.
Volatility was left at 1.44%, however, over the last 30 days, the volatility rate increased by 1.31%, as shares sank -7.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.02% lower at present.
During the last 5 trading sessions, CL fell by -4.09%, which changed the moving average for the period of 200-days by +19.62% in comparison to the 20-day moving average, which settled at $100.26. In addition, Colgate-Palmolive Co. saw 20.61% 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 0.27. 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 0.95 points at debt to capital in total, while cash flow to debt ratio is standing at 0.47. The debt to equity ratio resting at 19.39. 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 1.46. When we switch over and look at the enterprise to sales, we see a ratio of 4.27. The receivables turnover for the company is 11.68for trailing twelve months and the total asset turnover is 1.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.
Conclusion
In summary, Colgate-Palmolive Co. (CL) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
