Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
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 closing price of Colgate-Palmolive Co. (NYSE: CL) was $95.10 for the day, up 1.08% from the previous closing price of $94.08. In other words, the price has increased by $1.08 from its previous closing price. On the day, 2.97 million shares were traded. CL stock price reached its highest trading level at $95.255 during the session, while it also had its lowest trading level at $94.0625.
Ratios:
Our analysis of CL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 59.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 37.78 whereas as Long-Term Debt/Eq ratio is at 35.44.
BofA Securities Upgraded its Neutral to Buy on December 15, 2023, while the target price for the stock was maintained at $90.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 09 ’24 when Massey Sally sold 12,226 shares for $94.06 per share. The transaction valued at 1,149,926 led to the insider holds 13,924 shares of the business.
Tsourapas Panagiotis sold 12,000 shares of CL for $1,129,854 on May 09 ’24. The Grp Pres, Eur& Developing Mkts now owns 5,118 shares after completing the transaction at $94.15 per share. On May 07 ’24, another insider, Kooyman John W, who serves as the Chief of Staff of the company, sold 3,497 shares for $93.47 each. As a result, the insider received 326,882 and left with 3,181 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CL now has a Market Capitalization of 78023942144 and an Enterprise Value of 85789949952. As of this moment, Colgate-Palmolive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.13, and their Forward P/E ratio for the next fiscal year is 24.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.95 while its Price-to-Book (P/B) ratio in mrq is 339.23. Its current Enterprise Value per Revenue stands at 4.343 whereas that against EBITDA is 18.238.
Stock Price History:
The Beta on a monthly basis for CL is 0.39, which has changed by 0.1729157 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, CL has reached a high of $94.40, while it has fallen to a 52-week low of $67.62. The 50-Day Moving Average of the stock is 7.02%, while the 200-Day Moving Average is calculated to be 19.01%.
Shares Statistics:
CL traded an average of 4.31M shares per day over the past three months and 5200690 shares per day over the past ten days. A total of 821.41M shares are outstanding, with a floating share count of 819.49M. Insiders hold about 0.12% of the company’s shares, while institutions hold 85.58% stake in the company. Shares short for CL as of 1714435200 were 10645899 with a Short Ratio of 2.47, compared to 1711584000 on 11750721. Therefore, it implies a Short% of Shares Outstanding of 10645899 and a Short% of Float of 1.2999999.
Dividends & Splits
With its trailing 12-month dividend rate of 1.92, CL has a forward annual dividend rate of 1.94. Against a Trailing Annual Dividend Yield of 0.020408163The stock’s 5-year Average Dividend Yield is 2.35. The current Payout Ratio is 68.86% for CL, which recently paid a dividend on 2024-04-19 with an ex-dividend date of 1713484800. Stock splits for the company last occurred on 2013-05-16 when the company split stock in a 2:1 ratio.
