Free Trial

Colgate-Palmolive (CL) Stock Price, News & Analysis

$103.46
+0.40 (+0.39%)
(As of 08/21/2024 ET)
Today's Range
$102.65
$103.65
50-Day Range
$94.63
$103.46
52-Week Range
$67.62
$104.15
Volume
3.03 million shs
Average Volume
4.38 million shs
Market Capitalization
$84.88 billion
P/E Ratio
32.74
Dividend Yield
1.93%
Price Target
$101.11

Colgate-Palmolive MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
2.3% Downside
$101.11 Price Target
Short Interest
Healthy
1.09% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.16
Upright™ Environmental Score
News Sentiment
0.92mentions of Colgate-Palmolive in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$4.25 M Sold Last Quarter
Proj. Earnings Growth
8.40%
From $3.57 to $3.87 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.70 out of 5 stars

Consumer Staples Sector

10th out of 132 stocks

Toilet Preparations Industry

3rd out of 13 stocks

CL stock logo

About Colgate-Palmolive Stock (NYSE:CL)

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products in the United States and internationally. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, skin health products, dishwashing detergents, fabric conditioners, household cleaners, and other related items. This segment markets and sells its products under various brands, which include Colgate, Darlie, elmex, hello, meridol, Sorriso, Tom's of Maine, Irish Spring, Palmolive, Protex, Sanex, Softsoap, Lady Speed Stick, Speed Stick, EltaMD, Filorga, PCA SKIN, Ajax, Axion, Fabuloso, Murphy, Suavitel, and Soupline to a range of traditional and eCommerce retailers, wholesalers, and distributors. It includes pharmaceutical products for dentists and other oral health professionals. Its Pet Nutrition segment offers pet nutrition products for everyday nutritional needs under the Hill's Science Diet brand; and a range of therapeutic pet products to help nutritionally support dogs and cats in different stages of health under the Hill's Prescription Diet brand. This segment markets and sells its products through pet supply retailers, veterinarians, and eCommerce retailers. Colgate-Palmolive Company was founded in 1806 and is headquartered in New York, New York.

CL Stock Price History

CL Stock News Headlines

3 dividend stocks to own
The “Income Ace” Jack Carter just revealed his entire dividend strategy. Including 3 specific tickers to consider owning. And his “golden rules” for trading dividend stocks. These aren’t just theoretical rules, either. Jack revealed that the vast majority of his income capital is deployed in this straightforward portfolio of dividend stocks.
Cleaning Supplies, Sprays, Liquids Cleaning Detergents For Sale On Supermarket Stand. Bottles With Cleaning Products For Cleaning House Of Various Manufacturers On Shelves. - Dubai Uae December 2019
Clorox Stock: A Defensive Play in a Stormy Economy (CL)
Leading consumer products company Clorox Co. (NYSE: CLX) stock surged 7.4% on a strong fiscal Q4 2024 earnings performance.
A view of several bottles of Head and Shoulders hair products, on display at a local grocery store
Procter & Gamble Stock Drops Despite Earnings Beat – What to Know
Procter and Gamble beat analysts' expectations on earnings per share but lower than expected organic sales growth hurt shares after the release.
Grovetown, Ga USA - 05 10 22: Food Lion grocery store cottonelle toilet paper
Kimberly-Clark Stock Dips and a Buying Opportunity Emerges (CL)
Global personal care products giant Kimberly-Clark Co. (NYSE: KMB) stock formed a resilient and rapid rebound after initially falling on its Q2 2024
3 Consumer Staples Stocks With Global Reach
3 dividend stocks to own
The “Income Ace” Jack Carter just revealed his entire dividend strategy. Including 3 specific tickers to consider owning. And his “golden rules” for trading dividend stocks. These aren’t just theoretical rules, either. Jack revealed that the vast majority of his income capital is deployed in this straightforward portfolio of dividend stocks.
7 Defensive Stocks to Buy as Investors Seek Shelter
3 Consumer Staples Stocks for Steady Returns
See More Headlines
Receive CL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Colgate-Palmolive and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 8/15 Dividend
7/19/2024
Last Earnings
7/26/2024
Dividend Payable
8/15/2024
Today
8/21/2024
Next Earnings (Estimated)
10/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Toilet preparations
Sub-Industry
Household Products
CUSIP
19416210
Employees
34,000
Year Founded
1806

Price Target and Rating

Average Stock Price Target
$101.11
High Stock Price Target
$115.00
Low Stock Price Target
$84.00
Potential Upside/Downside
-2.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
21 Analysts

Profitability

Net Income
$2.30 billion
Pretax Margin
19.62%

Debt

Sales & Book Value

Annual Sales
$19.99 billion
Cash Flow
$4.04 per share
Book Value
$0.59 per share

Miscellaneous

Free Float
817,652,000
Market Cap
$84.88 billion
Optionable
Optionable
Beta
0.39

Social Links

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Should I Buy Colgate-Palmolive Stock? CL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Colgate-Palmolive:

  • Colgate-Palmolive has shown consistent growth in institutional investments, indicating confidence from large investors like Norges Bank and Price T Rowe Associates Inc. MD.
  • Positive outlook from Wall Street analysts with buy ratings and increased price targets, suggesting potential for stock price appreciation.
  • Strong company profile with a focus on consumer products in segments like Oral, Personal, and Home Care, providing diversified revenue streams.
  • Recent insider transactions, including purchases by institutional investors and sales by insiders, can indicate positive sentiment and alignment with company performance.
  • Colgate-Palmolive's stock ownership by institutional investors at 80.41% showcases strong institutional support and long-term investment potential.

Cons

Investors should be bearish about investing in Colgate-Palmolive for these reasons:

  • Despite positive analyst ratings, there may be risks associated with market volatility and economic uncertainties that could impact stock performance.
  • Recent insider sales, like those by John W. Kooyman and Sally Massey, could raise concerns about insider sentiment and future company outlook.
  • Market competition in consumer products sectors, especially in Oral, Personal, and Home Care, may pose challenges to Colgate-Palmolive's market share and profitability.
  • Fluctuations in raw material costs and currency exchange rates could affect the company's margins and overall financial performance.
  • Investors should consider the current stock price in relation to valuation metrics and industry peers to assess the potential for future returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Colgate-Palmolive pros and cons to contact@marketbeat.com.

CL Stock Analysis - Frequently Asked Questions

How have CL shares performed this year?

Colgate-Palmolive's stock was trading at $79.71 at the beginning of 2024. Since then, CL stock has increased by 29.8% and is now trading at $103.46.
View the best growth stocks for 2024 here
.

How were Colgate-Palmolive's earnings last quarter?

Colgate-Palmolive (NYSE:CL) posted its earnings results on Friday, July, 26th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The company's revenue for the quarter was up 4.9% compared to the same quarter last year.
Read the conference call transcript
.

What is Noel Wallace's approval rating as Colgate-Palmolive's CEO?

195 employees have rated Colgate-Palmolive Chief Executive Officer Noel Wallace on Glassdoor.com. Noel Wallace has an approval rating of 95% among the company's employees. This puts Noel Wallace in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Colgate-Palmolive have any subsidiaries?

Colgate-Palmolive subsidiaries include these companies: Hello Products, EltaMD, PCA SKIN, Laser Brand Toothpaste, Sanex, Tom's of Maine, GABA International, and more.

Who are Colgate-Palmolive's major shareholders?

Top institutional shareholders of Colgate-Palmolive include First Eagle Investment Management LLC (1.10%), Massachusetts Financial Services Co. MA (1.09%), Legal & General Group Plc (0.95%) and Ameriprise Financial Inc. (0.78%). Insiders that own company stock include Noel R Wallace, Jennifer Daniels, Philip G Shotts, Lorrie M Norrington, John P Bilbrey, C Martin Harris, Sally Massey, Prabha Parameswaran, Stephen I Sadove, Gregory Malcolm, Panagiotis Tsourapas, John W Kooyman, John T Cahill and Patricia Verduin.
View institutional ownership trends
.

How do I buy shares of Colgate-Palmolive?

Shares of CL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Colgate-Palmolive own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Colgate-Palmolive investors own include Johnson & Johnson (JNJ), Procter & Gamble (PG), AT&T (T), AbbVie (ABBV), PepsiCo (PEP), Verizon Communications (VZ) and Coca-Cola (KO).

This page (NYSE:CL) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners