Colgate-Palmolive Co.’s Market Journey: Closing Strong at 95.10, Up 1.08

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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.

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