Colgate-Palmolive Companys in-depth stock price analysis indicates that the stock price has rallied 2.82% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -9.06% . Looking at the past 52 week period, the stock price is up at 3.07% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Colgate-Palmolive Company has a negative value of -7.37 compared to overall market performance. Colgate-Palmolive Company (NYSE:CL) has climbed 2.65% in the past week and advanced 2.79% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.82% and the outperformance has advanced to 0.95% for the last 4 weeks period.
Colgate-Palmolive Company (NYSE:CL) : On Friday heightened volatility was witnessed in Colgate-Palmolive Company (NYSE:CL) which led to swings in the share price. The stock opened for trading at $66.66 and hit $67.85 on the upside , eventually ending the session at $67.72, with a gain of 1.68% or 1.12 points. The heightened volatility saw the trading volume jump to 5,568,145 shares. The 52-week high of the share price is $75.38 and the company has a market cap of $60,192 million. The 52-week low of the share price is at $63.43 .
Colgate-Palmolive Company Last issued its quarterly earnings results on Jan 27, 2017. The company reported $0.75 EPS for the quarter. Analyst had a consensus estimate of $0.75. The company had revenue of $3721.00 million for the quarter, compared to analysts expectations of $3868.27 million. The companys revenue was down -4.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.73 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Colgate-Palmolive Company was Downgraded by Citigroup to Neutral on Jan 30, 2017. Colgate-Palmolive Company was Reiterated by Stifel on Jan 30, 2017 to Hold, Lowers Price Target to $ 70 from a previous price target of $75 .Colgate-Palmolive Company was Initiated by Berenberg to Hold on Jan 25, 2017. Colgate-Palmolive Company was Resumed by Wells Fargo to Market Perform on Nov 15, 2016.
Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Stephen I Sadove (director) sold 8,000 shares at 66.00 per share price.On Feb 6, 2017, Helene D Gayle (director) sold 290 shares at 65.74 per share price.On Jan 19, 2017, Patricia Verduin (Chief Technology Officer) sold 3,833 shares at 65.99 per share price.
Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgate sells its products in countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, Ajax, Axion, Soupline, Suavitel and Fab, as well as Hills Science Diet and Hills Prescription Diet pet foods. (Company Press Release)