Colgate-Palmolive Co (NYSE: CL) has reported earnings for its third fiscal quarter (ending September 30) of $0.90 versus $0.86 for the same period a year ago — an increase of 5%. For the latest four quarters through September 30, E.P.S. were $3.49 versus $1.92 for the same period a year ago — an increase of 82%.
Recent Price Action
Colgate-Palmolive Co (NYSE: CL) stock declined by -4.1% on 10/25/24. The shares closed at $95.61. Moreover, trading volume in this decline was unusually high at 192% of normal. The stock has declined -4.9% during the last week but has been strong relative to the market over the last nine months.
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 C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Colgate-Palmolive has a neutral Appreciation Score of 49 but a good Power Rating of 77, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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