Analysts are forecasting earnings of $-0.28 on a per share basis this quarter. Zeke Capital Advisors Limited invested 0.08% in Colgate-Palmolive Company (NYSE:CL). Trust Co. of Vermont raised its stake in Colgate-Palmolive Company by 3.5% in the third quarter. During the same period past year, the firm earned $0.63 EPS. The ROIC 5 year average is -0.010647 and the ROIC Quality ratio is 0.007809. TRADEMARK VIOLATION WARNING: This report was reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this piece on another site, it was illegally copied and republished in violation of United States & global copyright law. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.72. RBC Capital Markets maintained the shares of CL in report on Friday, March 24 with "Hold" rating. JPMorgan Chase & Co. began coverage on shares of Colgate-Palmolive Company in a report on Tuesday, March 21st.
Colgate-Palmolive Company had its "hold" rating reiterated by analysts at Jefferies. Royal Bank of Canada reissued a "hold" rating and set a $74.00 price objective on shares of Colgate-Palmolive Company in a research note on Monday, April 24th. They set a "neutral" rating and a $77.00 price objective for the company. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.86 on scale of 1-5. A rating of 3 would signify a consensus Hold recommendation.
About shares traded. Colgate-Palmolive Company (NYSE:CL) has risen 6.00% since April 19, 2017 and is uptrending. Focusing in on the past five trading days, shares have changed 5.42%. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 4.76% where SMA50 and SMA200 are 3.87% and 7.92% respectively. This is an increase from Colgate-Palmolive Company's previous quarterly dividend of $0.39.
The company reported an impressive total revenue of 15.2 Billion in the last fiscal year. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 14.08% with $110.16 Million sitting short, betting on future declines. This is a boost from Colgate-Palmolive Company's previous quarterly dividend of $0.39. At present, Victoria Dolan owns 45,118 shares which are roughly 0.00% of Colgate Palmolive Co's market capitalization. Similarly, the company's last 5 years high P/E ratio is 43.79 and low P/E is 20.3, whereas, the industry's and sector's high P/E for the past year is 33.07 and 42.44 respectively and low P/E ratio for the last 5 years is 19.16 for the industry and 26.6 for the Sector. TIAA CREF Investment Management LLC increased its position in Colgate-Palmolive Company by 84.2% in the first quarter. Parametrica Management Ltd purchased a new position in Colgate-Palmolive Company during the first quarter valued at $327,000. Mn Services Vermogensbeheer B.V.'s holdings in Colgate-Palmolive Company were worth $1,545,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 73.24% of the company's stock. Asset Advisors Corp now owns 3,752 shares of the company's stock worth $278,000 after buying an additional 462 shares in the last quarter.
Colgate-Palmolive Company (CL) closed business day at $73.93 with -2.33%. Zooming out to the 200-day moving average, shares have been seen trading 5.39% away from that value. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Firm weekly performance is -3.61% while year to date (YTD) performance is -1.24%. 1,786 shares were sold by HUSTON JOHN J, worth $130,664. The disclosure for this sale can be found here.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 7.92%, and has a solid year to date (YTD) performance of 16.96% which means the stock is constantly adding to its value from the previous fiscal year end price. The Company manufactures and markets a range of products for the home care market, including Palmolive and Ajax dishwashing liquids, Fabuloso and Ajax household cleaners and Murphy's Oil Soap. Investors of record on Friday, April 21st were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.11%.