Market Momentum: Colgate-Palmolive Co (CL) Registers a -4.29 Decrease, Closing at 90.22

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Colgate-Palmolive Co (NYSE: CL) closed the day trading at $90.22 down -4.29% from the previous closing price of $94.26. In other words, the price has decreased by -$4.29 from its previous closing price. On the day, 8.77 million shares were traded. CL stock price reached its highest trading level at $94.49 during the session, while it also had its lowest trading level at $90.04.

Ratios:

For a better understanding of CL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 49.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 19.39 whereas as Long-Term Debt/Eq ratio is at 18.18.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on October 28, 2024, Downgraded its rating to Hold and sets its target price to $101 from $105 previously.

On September 24, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $121.

Wells Fargo Downgraded its Equal Weight to Underweight on September 16, 2024, while the target price for the stock was maintained at $100.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 05 ’24 when SUTULA STANLEY J III bought 45,410 shares for $94.11 per share.

Tsourapas Panagiotis sold 20,032 shares of CL for $1,869,010 on Nov 04 ’24. The Grp Pres, Eur& Developing Mkts now owns 49,172 shares after completing the transaction at $93.30 per share. On Nov 01 ’24, another insider, SUTULA STANLEY J III, who serves as the Chief Financial Officer of the company, sold 50,000 shares for $93.53 each. As a result, the insider received 4,676,310 and left with 36,726 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 77011435520 and an Enterprise Value of 81053728768. As of this moment, Colgate-Palmolive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.92, and their Forward P/E ratio for the next fiscal year is 23.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.67 while its Price-to-Book (P/B) ratio in mrq is 169.45. Its current Enterprise Value per Revenue stands at 4.031 whereas that against EBITDA is 16.562.

Stock Price History:

Over the past 52 weeks, CL has reached a high of $109.30, while it has fallen to a 52-week low of $74.67. The 50-Day Moving Average of the stock is -11.09%, while the 200-Day Moving Average is calculated to be -4.76%.

Shares Statistics:

Over the past 3-months, CL traded about 4.16M shares per day on average, while over the past 10 days, CL traded about 4899100 shares per day. A total of 821.41M shares are outstanding, with a floating share count of 816.03M. Insiders hold about 0.12% of the company’s shares, while institutions hold 84.37% stake in the company. Shares short for CL as of 1728950400 were 10314038 with a Short Ratio of 2.48, compared to 1726185600 on 8481428. Therefore, it implies a Short% of Shares Outstanding of 10314038 and a Short% of Float of 1.26.

Dividends & Splits

CL’s forward annual dividend rate is 1.98, up from 1.96 a year ago. Against a Trailing Annual Dividend Yield of 0.02079355The stock’s 5-year Average Dividend Yield is 2.31.

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