Forward Earnings Estimate of Colgate-Palmolive Company(CL)
- Author: Zachary Reyes Feb 24, 2017,
Feb 24, 2017, 3:40
Norway Savings Bank acquired a new stake in shares of Colgate-Palmolive Company during the fourth quarter valued at $110,000. The last session's volume of 2.65 million shares was higher than its average volume of 2.33 million shares. Itau Unibanco Holding S.A. acquired a new stake in shares of Colgate-Palmolive Company during the third quarter valued at $118,000. Toronto Dominion Bank raised its position in shares of Colgate-Palmolive Company by 33.7% in the third quarter. Concannon Wealth Management LLC now owns 1,605 shares of the company's stock valued at $119,000 after buying an additional 405 shares in the last quarter.
Colgate-Palmolive Company (NYSE:CL) traded at a yearly high level of $75.38 during the last trading session. According to their observations and findings, the stock could provide a high EPS of $0.75/share and a Low EPS of $0.7/share. The Company now has Insider ownership of 0.3 Percent and Institutional Ownership of 75 Percent.
Investors expected a price target of 0.75 for this quarter.
CSX Corporation has a consensus outperform rating from 29 Wall Street analysts, and the number of shares now sold short amount to at least 2.71% of shares outstanding.
This year, the company showed a solid 3.9 percent of growth.
On Dec 16 Colgate-Palmolive Co. For the current year the company has low revenue estimates of $15.25B in contradiction of high revenue estimates of $15.87B. Over the last five days, shares have managed 0.81% gains and now is up 50.87% since hitting its 200-day moving average of $34.95. According to the Analysts, the Low Earnings estimate for the current quarter is $0.71, while the High earnings estimate is $0.77.Comparatively, EPS for the same quarter past year was $0.73.
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 15th. Stockholders of record on Monday, January 23rd were given a $0.39 dividend. The ex-dividend date of this dividend was Thursday, January 19th. Colgate-Palmolive Company's dividend payout ratio (DPR) is presently 57.35%. Canada Pension Plan Investment Board raised its stake in Colgate-Palmolive Company by 358.8% in the second quarter. If you are reading this story on another publication, it was illegally stolen and reposted in violation of US & worldwide copyright laws.
Several equities analysts have recently commented on CL shares. Barclays PLC set a $75.00 price objective on Colgate-Palmolive Company and gave the stock a "hold" rating in a research report on Saturday, February 18th. They set a "hold" rating and a $68.00 price objective for the company. For Dividend Investing Stock Market Traders Colgate-Palmolive Company has a Dividend Yield of 2.13% with an Annual Dividend of $1.56. Vetr lowered shares of Colgate-Palmolive Company from a "hold" rating to a "sell" rating and set a $69.00 target price on the stock.in a research note on Monday.
11/15/2016 - Wells Fargo began new coverage on Colgate-Palmolive Company giving the company a " rating.
Some buy side analysts are also providing their Analysis on Colgate-Palmolive Co., where 1 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 19 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. The stock has reached the $74.26 mark after a recent check. Colgate-Palmolive Co. P/E (price to earnings) ratio is 27.05 and Forward P/E ratio of 23.14. The Insider Ownership of the company now is 0.3 percent, and Institutional Ownership is 75 percent. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
The latest Insider trade was made on 14 Feb 2017 where Verduin (Patricia Ph.D.) Chief Technology Officer did a transaction type "Sell" in which 3833 shares were traded at a price of $67.53. The share price is now up 11.59% for the past three months.