Analysts Point To Colgate-Palmolive Co. (NYSE: CL) Growth In The Future

After Hours

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Stocks Info

As a NYSE listed company, CL falls under the Consumer Defensive sector while operating within the Household & Personal Products industry segment. The current market capitalization of Colgate-Palmolive Co. is $70.79B. A total of 3.91 million shares were traded on the day, compared to an average of 4.59M shares.

In the most recent transaction, Wallace Noel R. sold 69,948 shares of CL for 84.22 per share on Feb 20 ’24. After the transaction, the Chairman, President & CEO now owns 286,881 company shares. In a previous transaction on Feb 20 ’24, 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 ’24 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 ’24. Company shares held by the Chairman, President & CEO now total 301,343.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. 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 4/19/2024 when it declared a $0.50 quarterly dividend that was paid in cash on 5/15/2024. Previously, the company paid the dividend on 2/15/2024 with an ex-dividend date of 1/19/2024. The CL stock dividend was $0.48 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CL has a high of $90.37 and a low of $67.62.

As of this writing, CL has an earnings estimate of $0.74 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.79 per share and a lower estimate of $0.67. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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.

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