Colgate-Palmolive Company (NYSE:CL) shares traded 0.15% up during most recent session to reach at the closing price of $65.79. The stock exchanged hands 4.21 Million shares versus average trading capacity of 4.87 Million shares, yielding a market cap of $57.16 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $63.58 within the next 52-weeks. The mean target projections are based on 20 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Colgate-Palmolive Company (NYSE:CL) high price target of $73 and with a conservative view have low price target of $57.
Evercore ISI Group “Initiates Coverage On” Colgate-Palmolive Company (NYSE:CL) in a research note issued to investors on 1/11/19 to Outperform with price target of $70.
Additionally on 1/09/19 Goldman Sachs “Upgrades” Colgate-Palmolive Company (NYSE:CL) to Buy setting price target at $0 and on 10/30/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $60. Furthermore on 10/30/18 Argus “Maintained” the stock to Buy at $70.
On the other hand the company has Relative Strength Index (RSI 14) of 65.36 along with Average True Range (ATR 14) of 1.03, Consequently Colgate-Palmolive Company (NYSE:CL)’s weekly and monthly volatility is 1.29%, 1.64% respectively. The company’s beta value is at 0.77.
In terms of Buy, Sell or Hold recommendations, Colgate-Palmolive Company (NYSE:CL) has analysts’ mean recommendation of 2.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Colgate-Palmolive Company (NYSE:CL)’s minimum EPS for the current quarter is at $0.62 and can go high up to $0.7. The consensus mean EPS for the current quarter is at $0.66 derived from a total of 17 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.74 earnings per share for the same quarter during last year.
Previously Colgate-Palmolive Company (NYSE:CL) reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.01. The company posted an earnings surprise of 1.4%.
Colgate-Palmolive Company (NYSE:CL)’s revenue estimates for the current quarter are $3.86 Billion according to 13 number of analysts, for the current quarter the company has high revenue estimates of $3.91 Billion in contradiction of low revenue estimates of $3.82 Billion. For the current year the company’s revenue estimates are $15.61 Billion compared to low analyst estimates of $15.48 Billion and high estimates of $15.9 Billion according to 19 number of analysts.
Currently Colgate-Palmolive Company (NYSE:CL)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 78.2%. However the six-month change in the insider ownership was recorded -6.81%, as well as three-month change in the institutional ownership was recorded 0.61%.
Colgate-Palmolive Company (NYSE:CL)’s trailing twelve month revenues are $15.54 Billion, whereas its price to sales ratio for the same period is 3.68. Its book value per share for the most recent quarter is $-0.49 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $1.11, however its price to cash per share ratio for the same period is 59.48. The stock has 5 year expected PEG ratio of 5.32 whereas its trailing twelve month P/E ratio is 23.16.