Let’s look at the key reasons that are pushing Colgate-Palmolive Co (CL) to new highs

A new trading day began on Monday, with Colgate-Palmolive Co (NYSE: CL) stock price down -0.13% from the previous day of trading, before settling in for the closing price of $92.03. CL’s price has ranged from $76.96 to $109.30 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 4.62%. Meanwhile, its annual earnings per share averaged 10.88%. With a float of $816.09 million, this company’s outstanding shares have now reached $817.01 million.

Considering the fact that the conglomerate employs 34000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 60.29%, operating margin of 22.48%, and the pretax margin is 19.65%.

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

As we move forward, let’s examine how large-scale investors are investing in this stock of the Household & Personal Products Industry. The insider ownership of Colgate-Palmolive Co is 0.11%, while institutional ownership is 84.34%. The most recent insider transaction that took place on Nov 26 ’24, was worth 101,121. In this transaction EVP and Controller of this company sold 1,054 shares at a rate of $95.94, taking the stock ownership to the 9,620 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Chairman, President & CEO sold 33,333 for $95.00, making the entire transaction worth $3,166,635. This insider now owns 270,689 shares in total.

Colgate-Palmolive Co (CL) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 10.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% 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

Here are Colgate-Palmolive Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.73. Likewise, its price to free cash flow for the trailing twelve months is 22.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.48, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 3.86 in one year’s time.

Technical Analysis of Colgate-Palmolive Co (CL)

Compared to the last year’s volume of 4.41 million, its volume of 6.01 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 23.70%. Additionally, its Average True Range was 1.55.

During the past 100 days, Colgate-Palmolive Co’s (CL) raw stochastic average was set at 9.71%, which indicates a significant decrease from 16.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.80% in the past 14 days, which was lower than the 17.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $94.92, while its 200-day Moving Average is $96.14. Nevertheless, the first resistance level for the watch stands at $92.38 in the near term. At $92.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $93.50. If the price goes on to break the first support level at $91.26, it is likely to go to the next support level at $90.61. Now, if the price goes above the second support level, the third support stands at $90.14.

Colgate-Palmolive Co (NYSE: CL) Key Stats

With a market capitalization of 75.09 billion, the company has a total of 817,011K Shares Outstanding. Currently, annual sales are 19,457 M while annual income is 2,300 M. The company’s previous quarter sales were 5,033 M while its latest quarter income was 737,000 K.