Colgate-Palmolive Is Rising After CEO Suggests He’s Open To A Sale
Colgate-Palmolive Company (NYSE:CL) share price increased in the last trading session with a previous 52-week high of $74.69.
Colgate-Palmolive Company (NYSE:CL) on Wednesday closed at $75.69. It has by 0.00% the S&P500.
Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $75.33 while their mean recommendation is 2.80 (1=Buy, 5=sell). BPSR’s SI was 2,500 shares in May as released by FINRA.
Checking in on some valuation rankings, Oenon Holdings, Inc. The stock has been active on the tape, now trading at $73.93, down from yesterday’s close by -2.33%. About 67 shares traded. COOK IAN M had sold 25,909 shares worth $1.90M on Tuesday, February 21. 3,834 shares valued at $251,740 were sold by Verduin Patricia on Thursday, December 15. Also, VP Daniel B. Marsili sold 14,000 shares of the stock in a transaction that occurred on Monday, April 17th. $2.03 million worth of Colgate-Palmolive Company (NYSE:CL) shares were sold by MOISON FRANCK J. Swan Bruce T also sold $7,065 worth of CVD Equipment Corporation (NASDAQ:CVV) shares.
Colgate-Palmolive Company (NYSE:CL) have shown a high EPS growth of 1.90% in the last 5 years and has earnings growth of 8.00% yoy. The stock spiked 0.74% last month and is up 14.24 this year. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.01. Fourteen analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Zacks Investment Research cut shares of Colgate-Palmolive Company from a “buy” rating to a “hold” rating in a report on Wednesday, May 3rd. The rating was initiated by Atlantic Securities on Wednesday, January 6 with “Overweight”. The Company has 52-week high of $74.69 and 52-week low of $63.09. The firm earned “Buy” rating on Tuesday, July 21 by Sterne Agee CRT. The company was maintained on Friday, October 28 by UBS. The consensus recommendation for stock is 2.80. As per Monday, January 30, the company rating was downgraded by Citigroup. The ex-dividend date was Wednesday, April 19th. The rating was maintained by RBC Capital Markets with “Hold” on Friday, March 24. Exane BNP Paribas raised its rating on Colgate-Palmolive Company to Outperform on 21/02/2017 in a reversal from its prior Neutral rating. Its down 0.03, from 0.89 in 2016Q3.
Several research analysts have commented on CL shares. Deutsche Fincl Bank Ag holds 0% or 3,268 shares.
The company’s net profit margin stands at 16.30% whereas its return on equity (ROE) is N/A. Fjarde Ap reported 155,720 shares. Shell Asset Commerce invested 0.18% in Colgate-Palmolive Company (NYSE:CL). Mcf Ltd accumulated 0.01% or 630 shares. Reliant Management Lc holds 9,280 shares or 0.49% of its portfolio. Texas Permanent School Fund reported 266,264 shares stake.
Colgate-Palmolive Company is a consumer products company. Welch Group invested in 201,703 shares. Boothbay Fund Management Llc, a New York-based fund reported 12,300 shares.
Investors sentiment decreased to 0.79 in 2016 Q4. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading. 123 funds opened positions while 723 raised stakes. (NASDAQ:KONA), its shares were trading at $4.3 a retreat of $-0.1, on the trading floor. Wade G W And invested in 147,524 shares or 2.81% of the stock. Gyroscope Group Incorporated Limited accumulated 0.16% or 3,600 shares. About 4,116 shares traded. Birch Hill Limited Liability Com accumulated 2.08% or 197,967 shares. About 1.65M shares traded. Wells Fargo Mn holds 0% or 11,970 shares in its portfolio. Cap Advisers Lc has 1.64 million shares for 1.85% of their portfolio. They issued a “neutral” rating and a $77.00 price target on the stock.
What Analysts Say About Kite Pharma, Inc. The company is expected to report EPS as high as $0.74 and as low as $0.70 per share.
The company has mean EPS estimate of 0.74 reported by 17 number of analyst for the quarter ending Jul 21, 2017. Apple Inc. had 206 analyst reports since July 21, 2015 according to SRatingsIntel.
Other possible suitors include Johnson & Johnson as well as the partnership formed by billionaire Warren Buffett and Brazilian conglomerate 3G Capital, which owns Kraft Heinz. The firm has “Market Perform” rating given on Monday, October 26 by Cowen & Co.