Colgate-Palmolive Company (CL)

NYSE: CL · IEX Real-Time Price · USD
94.08
+0.61 (0.65%)
At close: May 9, 2024, 4:00 PM
94.20
+0.12 (0.13%)
Pre-market: May 10, 2024, 5:21 AM EDT
0.65%
Market Cap 77.19B
Revenue (ttm) 19.75B
Net Income (ttm) 2.61B
Shares Out 820.44M
EPS (ttm) 3.16
PE Ratio 29.77
Forward PE 25.68
Dividend $2.00 (2.13%)
Ex-Dividend Date Apr 19, 2024
Volume 4,533,713
Open 93.75
Previous Close 93.47
Day's Range 93.51 - 94.33
52-Week Range 67.62 - 94.40
Beta 0.39
Analysts Strong Buy
Price Target 92.40 (-1.79%)
Earnings Date Apr 26, 2024

About CL

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products in the United States and internationally. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, skin health products, dishwashing detergents, fabric conditioners, household cleaners, and other related items. This segment markets and sells i... [Read more]

Founded 1806
Employees 34,000
Stock Exchange NYSE
Ticker Symbol CL
Full Company Profile

Financial Performance

In 2023, CL's revenue was $19.46 billion, an increase of 8.29% compared to the previous year's $17.97 billion. Earnings were $2.30 billion, an increase of 28.85%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CL stock is "Strong Buy." The 12-month stock price forecast is $92.4, which is a decrease of -1.79% from the latest price.

Price Target
$92.4
(-1.79% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Will Colgate-Palmolive Stock See Higher Levels After Over A 15% Rise This Year?

Colgate-Palmolive Colgate-Palmolive (NYSE: CL) reported its Q1 results on April 26, with revenues and earnings above the street estimates. The company reported $5.1 billion revenue and $0.86 adjusted ...

1 day ago - Forbes

Get Back to the Basics. 6 Consumer Staples Stocks to Play Right Now.

Prime examples are Coca-Cola and Hershey. They expect earnings and dividend growth, and have nice price/earnings multiples.

Other symbols: HSYKOKRPGPM
3 days ago - Barrons

Colgate-Palmolive Webcasts 2024 Annual Meeting of Stockholders May 10, 2024 – 10:00 a.m. ET

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company (NYSE:CL) will provide a live video webcast of its 2024 Annual Meeting of Stockholders on Friday, May 10, 2024 at 10:00 a.m. ET. The meeting, which...

10 days ago - Business Wire

Three-Stock Lunch: Snap, Exxon & Colgate

Eva Ados, chief investment strategist at ERShares, joins 'Power Lunch' to discuss plays for three stocks, including Snap, Exxon, and Colgate.

Other symbols: SNAPXOM
13 days ago - CNBC Television

Colgate-Palmolive raises sales growth target after strong Q1 results

Toothpaste maker Colgate-Palmolive raised forecast for annual organic sales growth on Friday, banking on resilient demand for its highly priced self-care and pet nutrition products.

13 days ago - Reuters

Colgate Stock Rises on Earnings Beat-and-Raise

The consumer products company lifts its net sales growth guidance for the year to 2% to 5%.

13 days ago - Barrons

Colgate-Palmolive's stock up 2.9% after earnings beat and raised guidance

Colgate-Palmolive Co.'s stock CL, +0.47% rose 2.9% early Friday, after the consumer goods giant beat first-quarter earnings estimates and raised its guidance. The company had net income of $683 millio...

14 days ago - Market Watch

Colgate Announces 1st Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company (NYSE:CL): Net sales increased 6.2%; Organic sales* increased 9.8% GAAP EPS increased 84% to $0.83; Base Business EPS* increased 18% to $0.86 GAAP ...

14 days ago - Business Wire

Colgate-Palmolive Webcasts 2024 First Quarter Earnings Conference Call April 26, 2024 – 8:30 a.m. ET

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2024 first quarter earnings conference call on Friday, April 26, 2024, at 8:30 a.m. ET. The call will ...

27 days ago - Business Wire

Tom's of Maine Launches New Deodorant Line, Encouraging Consumers to Smell Good and Do Good

New deodorant offers 11 scents with naturally sourced and derived moisture-locking ingredients inside modern containers made from 100% Recycled Plastic Dermatologist Expert Dr. Adeline Kikam of @Brown...

5 weeks ago - PRNewsWire

Colgate-Palmolive (CL): dividend king stock gets overbought

Colgate-Palmolive (NYSE: CL) stock price has jumped in the past six straight weeks, pushing it to its all-time high of almost $90. It has jumped by more than 25% in the past 12 months, outperforming t...

7 weeks ago - Invezz

Colgate Announces Dividend Increase – Effective 2nd Quarter 2024

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today increased the quarterly common stock cash dividend to $0.50 per share, up from $0.48 per share. The incre...

2 months ago - Business Wire

ZO® Skin Health Appoints Industry Veteran Justin Skala as CEO to Continue Strong Growth

IRVINE, Calif. , March 12, 2024 /PRNewswire/ -- ZO® Skin Health, a premium clinical dermatological skincare brand distributed globally through physicians and skincare professionals, today announced th...

2 months ago - PRNewsWire

Colgate-Palmolive Webcasts Fireside Chat at the UBS Global Consumer and Retail Conference 2024

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive (NYSE:CL) President, Hill's Pet Nutrition, John Hazlin and Chief Financial Officer, Stan Sutula, will participate in a fireside chat at the UBS Global Cons...

2 months ago - Business Wire

Colgate Elects Brian Newman to Board of Directors

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company (NYSE:CL) today announced that Brian Newman, Executive Vice President and Chief Financial Officer of United Parcel Service, Inc. (“UPS”), has been ...

3 months ago - Business Wire

Colgate-Palmolive Webcasts Presentation at The Consumer Analyst Group of New York Conference

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive (NYSE:CL) Chairman, President and CEO, Noel Wallace, and Chief Analytics and Insights Officer, Diana Schildhouse will present on Friday, February 23, 2024 ...

3 months ago - Business Wire

Consumer goods giants could see margin recovery halt as price hike benefits abate

A strong margin recovery for consumer goods giants could face a setback as easing input costs after several quarters of biting inflation are offset by cautious customer spending even as product prices...

Other symbols: KMBPG
3 months ago - Reuters

TOM'S OF MAINE ANNOUNCES YEAR-TWO MEMBERS OF ITS AWARD-WINNING INCUBATOR PROGRAM

KENNEBUNK, Maine , Jan. 30, 2024 /PRNewswire/ -- Tom's of Maine today announces the year two winners of its Incubator program, recognizing five leaders in the areas of sustainable farming, climate cha...

3 months ago - PRNewsWire

Colgate-Palmolive sees sales slowing in 2024 as muted volumes weigh

Colgate-Palmolive on Friday forecast fiscal 2024 sales below estimates, as higher prices of its oral and personal care products continue to weigh on volumes.

3 months ago - Reuters

Colgate-Palmolive Q4 profit and sales top estimates

Dental, personal care and pet food products maker Colgate Palmolive Co. CL, +1.42% said Friday it had net income of $718 million, or 87 cents a share, in the fourth quarter, up from $5 million, or 1 c...

3 months ago - Market Watch

Colgate Announces 4th Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company (NYSE:CL) today reported results for fourth quarter and full year 2023. Noel Wallace, Chairman, President and Chief Executive Officer, commented on...

3 months ago - Business Wire

Colgate-Palmolive Webcasts 2023 Fourth Quarter & Full Year Earnings Conference Call January 26, 2024 – 8:30 a.m. ET

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2023 fourth quarter and full year earnings conference call on Friday, January 26, 2024, at 8:30 a.m. E...

4 months ago - Business Wire

Colgate Declares Regular Quarterly Dividend

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today declared a quarterly cash dividend of $0.48 per common share, payable on February 15, 2024, to shareholde...

4 months ago - Business Wire

Colgate could see positive revisions and outperformance, says BofA Securities' Bryan Spillane

Bryan Spillane, research analyst at BofA Securities, joins 'Money Movers' to discuss Bank of America's top consumer staples in 2024.

4 months ago - CNBC Television

15 Dividend Kings for Decades of Dividend Growth

Dividend Kings are the crème de la crème of dividend growers, and should be top of mind for any investor who puts income stability above all else.

Other symbols: AWRCINFDOVEMRGPCHRLJNJ
4 months ago - Kiplinger