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.
In the latest session, Colgate-Palmolive Co (NYSE: CL) closed at $87.54 down -2.90% from its previous closing price of $90.15. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 6.08 million shares were traded. CL stock price reached its highest trading level at $89.862 during the session, while it also had its lowest trading level at $87.3606.
Ratios:
For a deeper understanding of Colgate-Palmolive Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 47.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.94. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 26 ’24 when Malcolm Gregory sold 1,054 shares for $95.94 per share. The transaction valued at 101,121 led to the insider holds 9,620 shares of the business.
Wallace Noel R. sold 33,333 shares of CL for $3,166,635 on Nov 22 ’24. The Chairman, President & CEO now owns 270,689 shares after completing the transaction at $95.00 per share. On Nov 22 ’24, another insider, Wallace Noel R., who serves as the Officer of the company, bought 33,333 shares for $95.00 each.
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 73653526528 and an Enterprise Value of 78864138240. As of this moment, Colgate-Palmolive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.15, and their Forward P/E ratio for the next fiscal year is 22.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.54 while its Price-to-Book (P/B) ratio in mrq is 164.42. Its current Enterprise Value per Revenue stands at 3.922 whereas that against EBITDA is 16.114.
Stock Price History:
The Beta on a monthly basis for CL is 0.44, which has changed by 0.11544168 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, CL has reached a high of $109.30, while it has fallen to a 52-week low of $79.52. The 50-Day Moving Average of the stock is -6.28%, while the 200-Day Moving Average is calculated to be -9.03%.
Shares Statistics:
For the past three months, CL has traded an average of 4.44M shares per day and 3759290 over the past ten days. A total of 817.01M shares are outstanding, with a floating share count of 816.09M. Insiders hold about 0.11% of the company’s shares, while institutions hold 84.31% stake in the company. Shares short for CL as of 1734048000 were 9285872 with a Short Ratio of 2.09, compared to 1731628800 on 11204119. Therefore, it implies a Short% of Shares Outstanding of 9285872 and a Short% of Float of 1.1400000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for CL is 1.98, from 1.96 in the trailing year. Against a Trailing Annual Dividend Yield of 0.021741541The stock’s 5-year Average Dividend Yield is 2.3. The current Payout Ratio is 68.86% for CL, which recently paid a dividend on 2024-10-18 with an ex-dividend date of 1737417600. Stock splits for the company last occurred on 2013-05-16 when the company split stock in a 2:1 ratio.
