Colgate-Palmolive Co (NYSE: CL) has reported E.P.S. of $0.81 for its third fiscal quarter (ending September 30) versus $0.67 for the same period a year ago — an increase of 21%. This result exceeded the consensus estimate of $0.70 by $0.11. For the latest four quarters through September 30, E.P.S. were $3.14 versus $2.70 for the same period a year ago — an increase of 16%.
Recent Price Action
On 10/30/20, Colgate-Palmolive Co (NYSE: CL) stock enjoyed a large increase of 2.9%, closing at $78.89. Moreover, trading volume in this advance was exceptionally high at 233% of normal. The stock has performed in line with the market over the last nine months and has declined -0.5% during the last week.
Current PriceTarget Research Rating
CL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Colgate-Palmolive has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Colgate-Palmolive has a neutral Power Rating of 45 but a poor Appreciation Score of 29, triggering the Negative Value Trend Rating.
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.