Analyst Ratings for Colgate-Palmolive Co. (CL)Updated: 2017-07-29
Analysts covering Colgate-Palmolive Co. (NYSE:CL) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for CL last month.
A buy rating was issued by 3 analysts, 0 gave an overweight rating, 19 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
CL was given price targets by several analysts. The highest price target was 90, implying a possible profit of 24.07 percent. The minimum price target given was 65, which equates to a potential downside of -10.39 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.35 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.01 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.03 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.2 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 8 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 9 analysts that revised their FY estimates downwards.
The growth rate of CL's earnings is estimated by analysts to be 7.62 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CL has a PEG ratio of 3.54.
In the trailing 52-weeks, CL hit 77.27 at the highest peak, while it's lowest trading point was 63.43. Today's price is 14.36 percent above the 52-week low, and 6.12 percent below the high. CL has a P/E ratio of 26.97. Investors typically compare the P/E ratio to a company's peers in the industry. The CL value stock report compares CL to some of its peers using value stock charts. The stock has a market capitalization of $63.9 billion. CL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.