After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Colgate Elects Brian Newman to Board of Directors.
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Stocks Info
This NYSE-listed company operates within the Household & Personal Products industry segment, falling under the Consumer Defensive sector. The current market capitalization of Colgate-Palmolive Co. is $70.79B. A total of 4.04 million shares were traded on the day, compared to an average of 4.91M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, CL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 50 BUYs and 27 SELLs from insiders. Insiders purchased 490,699 shares during that period but sold 419,487.
In the most recent transaction, Wallace Noel R. sold 69,948 shares of CL for 84.22 per share on Feb 20. After the transaction, the Chairman, President & CEO now owns 286,881 company shares. In a previous transaction on Feb 20, Daniels Jennifer sold 3,538 shares at 84.67 per share. CL shares that CLO and Secretary owns now total 59,698.
Among the insiders who sold shares, Parameswaran Prabha disposed of 56,836 shares on Feb 16 at a per-share price of $84.02. This resulted in the Grp Pres, Growth & Strategy holding 18,681 shares of CL after the transaction. In another insider transaction, Wallace Noel R. sold 29,772 shares at $84.06 per share on Feb 16. Company shares held by the Chairman, President & CEO now total 301,343.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Colgate-Palmolive Co. pays an annual dividend of $1.92, resulting in a dividend yield of 2.23%, and it has a price to earnings (P/E) ratio of 30.98. CL’s most recent ex-dividend date was 1/19/2024 when it declared a $0.48 quarterly dividend that was paid in cash on 2/15/2024. Previously, the company paid the dividend on 11/15/2023 with an ex-dividend date of 10/20/2023. The CL stock dividend was $0.48 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for CL in the last 3 months, the mean price target is $90.01 with high estimates of $96.00 and low estimates of $82.00. In terms of 52-week highs and lows, CL has a high of $86.14 and a low of $67.62.
As of this writing, CL has an earnings estimate of $0.75 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.8 per share and a lower estimate of $0.7. The company reported an EPS of $0.86 in the last quarter, which was 7.50% higher than expectations of $0.8.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CL’s latest balance sheet shows that the firm has $832.00M in Cash & Short Term Investments as of fiscal 2021. There were $7.83B in debt and $4.05B in liabilities at the time. Its Book Value Per Share was $0.74, while its Total Shareholder’s Equity was $971.00M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CL is Buy with a score of 4.41.
