Colgate-Palmolive Company (CL)
NYSE: CL · IEX Real-Time Price · USD
94.22
+0.09 (0.10%)
May 20, 2024, 2:26 PM EDT - Market open
Colgate-Palmolive Company Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for CL stock have an average target of 93.38, with a low estimate of 84 and a high estimate of 107. The average target predicts a decrease of -0.89% from the current stock price of 94.22.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CL stock from 16 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 8 | 9 |
| Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 15 | 15 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Maintains $97 → $107 | Strong Buy | Maintains | $97 → $107 | +13.56% | May 15, 2024 |
| Barclays | Barclays | Hold Maintains $84 → $85 | Hold | Maintains | $84 → $85 | -9.79% | Apr 30, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $90 → $92 | Hold | Maintains | $90 → $92 | -2.36% | Apr 29, 2024 |
| Stifel | Stifel | Strong Buy Maintains $94 → $95 | Strong Buy | Maintains | $94 → $95 | +0.83% | Apr 29, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $90 → $100 | Strong Buy | Maintains | $90 → $100 | +6.13% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
20.78B
from 19.46B
Increased by 6.82%
Revenue Next Year
21.67B
from 20.78B
Increased by 4.28%
EPS This Year
3.59
from 2.77
Increased by 29.65%
EPS Next Year
3.91
from 3.59
Increased by 8.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.4B | 22.6B | 23.7B | 24.5B | 25.6B |
| Avg | 20.8B | 21.7B | 22.6B | 23.4B | 24.3B |
| Low | 19.6B | 20.3B | 21.0B | 21.7B | 22.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9% | 8.7% | 9.2% | 8.3% | 9.8% |
| Avg | 6.8% | 4.3% | 4.4% | 3.2% | 3.9% |
| Low | 1.0% | -2.2% | -3.2% | -4.0% | -3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.73 | 4.17 | 4.65 | 4.85 | 5.19 |
| Avg | 3.59 | 3.91 | 4.26 | 4.65 | 4.98 |
| Low | 3.31 | 3.61 | 3.88 | 4.33 | 4.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.6% | 16.1% | 18.9% | 14.0% | 11.6% |
| Avg | 29.6% | 8.9% | 8.8% | 9.2% | 7.3% |
| Low | 19.6% | 0.4% | -0.9% | 1.8% | 0.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.