Colgate-Palmolive Co. (CL) posted a -1.77% change over the last five days signaling a new trend

On Monday, Colgate-Palmolive Co. (NYSE: CL) was 0.37% up from the session before settling in for the closing price of $85.85. A 52-week range for CL has been $67.62 – $90.37.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 4.62%. When this article was written, the company’s average yearly earnings per share was at 8.22%. With a float of $822.20 million, this company’s outstanding shares have now reached $823.15 million.

Considering the fact that the conglomerate employs 34000 people, you should pay attention to its efficiency factor.

Colgate-Palmolive Co. (CL) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Colgate-Palmolive Co. stocks. The insider ownership of Colgate-Palmolive Co. is 0.12%, while institutional ownership is 85.08%. The most recent insider transaction that took place on Feb 20 ’24, was worth 5,890,887. In this transaction Chairman, President & CEO of this company sold 69,948 shares at a rate of $84.22, taking the stock ownership to the 286,881 shares. Before that another transaction happened on Feb 20 ’24, when Company’s CLO and Secretary sold 3,538 for $84.67, making the entire transaction worth $299,578. This insider now owns 59,698 shares in total.

Colgate-Palmolive Co. (CL) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.38% during the next five years compared to 0.18% growth over the previous five years of trading.

Colgate-Palmolive Co. (NYSE: CL) Trading Performance Indicators

You can see what Colgate-Palmolive Co. (CL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.65. Likewise, its price to free cash flow for the trailing twelve months is 23.33.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.78, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 3.81 in one year’s time.

Technical Analysis of Colgate-Palmolive Co. (CL)

Compared to the last year’s volume of 4.58 million, its volume of 4.49 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 7.04%. Additionally, its Average True Range was 0.98.

During the past 100 days, Colgate-Palmolive Co.’s (CL) raw stochastic average was set at 72.37%, which indicates a significant increase from 10.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.69% in the past 14 days, which was lower than the 13.67% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $86.77, while its 200-day Moving Average is $78.65. Nevertheless, the first resistance level for the watch stands at $86.67 in the near term. At $87.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $87.46. If the price goes on to break the first support level at $85.88, it is likely to go to the next support level at $85.60. Now, if the price goes above the second support level, the third support stands at $85.09.

Colgate-Palmolive Co. (NYSE: CL) Key Stats

There are 821,986K outstanding shares of the company, which has a market capitalization of 70.93 billion. As of now, sales total 19,457 M while income totals 2,300 M. Its latest quarter income was 4,950 M while its last quarter net income were 718,000 K.