Colgate-Palmolive Company: Is this the Most Sought-After Stock Today?

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Colgate-Palmolive Company kicked off the trading day on 08/14/19 with a price decrease of -1.63%, equivalent to -$1.17 relative change for the day. Taking a more long-term approach, CL had a 52-week range of $57.41 to $76.41. At the time of this article’s publishing, this stock is trading at $70.52 after starting the trading session at $71.01. Moving on, the stock has demonstrated a 52-week change amounting to 10.08, alongside an S&P500 52-Week Change of 3.23. At the time of writing, this stock’s 50-day Moving Average stands at $72.71, while the 200-day Moving Average of this stock is currently $67.27.

Currently, this company’s share volume is sitting at $3,978,892, but has maintained average daily volume of $3.35M. This stock has generated an average Year to Date volume of $3.58 million, alongside an average 20-day volume of $3.78 million. This publicly-traded company’s shares outstanding now amounts to $860.29 million, simultaneously with a float of $854.76 million. The organization now has a market capitalization sitting at $60.67 billion.

Colgate-Palmolive Company(CL) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Colgate-Palmolive Company’s current insider ownership accounts for 0.30%, in contrast to 79.10% institutional ownership. According to the most recent latest insider trade that took place on Aug 12 this organization’s Chief Marketing Officer exercised an option 10,000 at the rate of 64.00, making the entire transaction hit 640,000 in total value, affecting insider ownership by 17,681. Preceding that transaction, on Aug 12 Company’s Chief Marketing Officer sold 10,714 at a price of 71.01, making the whole transaction’s value amount to 760,851. This particular insider is now the holder of 6,967 in total.

If we take a glance at the Ownership summary of Colgate-Palmolive Company’s stock, 1,538 Institutional holders make up 76.93% of its total stock ownership. All together, they are the legal holders of 660,074,308 shares, which are valued at about $47,320,727,141 in total. If we focus on the top 3 stockholders for this publicly-traded organization, VANGUARD GROUP INC owns 75.45 million shares, with BLACKROCK INC. in 2nd place owning 60.21 million shares and STATE STREET CORP in third place with total ownership of 56.53 million shares.

Colgate-Palmolive Company (CL) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on Jun-19, the organization reported $0.72 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.72) by $0.00.

The corporation racked up revenue of $3,884.00million for the previous financial quarter, compared to the mean analyst estimate of $3,858.57 million. Colgate-Palmolive Company’s full-quarter revenue decreased by -0.51%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.71 per share during the current fiscal year.

Colgate-Palmolive Company’s EPS increase for this current 12-month fiscal period is 9.70%, and is forecasted to reach 7.04% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 1.81% through the next 5 years, which can be compared against the 3.60% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Colgate-Palmolive Company, this organization’s Quick Ratio in the last reported quarter now stands at 0.80. The company has managed to achieve an average true range (ATR) of 1.39. Alongside those, its PE Ratio stands at $25.93, and its Beta score is 0.75.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.94 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 58.50.

In the same vein, CL’s Diluted EPS (Earnings per Share) trailing twelve month was posted at 2.72, a figure that is expected to reach 0.71 in the next reported quarter, and analysts expect it will be 7.04% at the market close of one year from today’s date.