CL stock: buy or sell?

CL stock price: $70.49 4.24% At close on April 6th, 2020

Updated on:
April 6th, 2020

5

Colgate-Palmolive broke up the simple moving average line of 200d today and closed at $70.49, skyrocketed a 4.24%. On March 26th CL boosted a dazzling 6.16%.

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. It operates through two segments, Oral, Personal and Home Care; and Pet Nutrition.

Should I buy CL stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Just 1 of our buy setups matches with Colgate-Palmolive stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is Colgate-Palmolive stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for CL stock for the last month.

CL stock analysis

Daily outlook

Colgate-Palmolive broke up the simple moving average line of 200d today and closed at $70.49, skyrocketed a 4.24%.

Colgate-Palmolive shares broke up the SMA line of 200 days today and closed at $70.49, skyrocketed a 4.24%. CL marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $72.14 would break this short term down trend and open possibilities for reversing this situation. On February, CL hit new all time highs, pushing higher previous ATH of $76.60 recorded on February. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

CL stock chart (daily)

Weekly outlook

Colgate-Palmolive shares broke up the simple moving average line of 200d, closing at $70.49. By mid March CL plunged a scary -11.31% in just one week. Early March CL skyrocketed an exceptional 6.81% in just one week. Counting this, it's been 3 climbing weeks in a row, soaring a 12.17%.

Not so far away is the last price record Colgate-Palmolive marked by mid February.

CL stock chart (weekly)

CL stock price history

CL stock historical price chart

CL stock reached all-time highs on February with a price of $77.41.

CL stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price target for Colgate-Palmolive stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on April, Colgate-Palmolive . Unfortunately, reported EPS is not yet available in our database.
CL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.7n/a
2017-Q32017-10-270.730.730.0%
2017-Q42018-01-260.750.750.0%
2018-Q12018-04-270.730.741.4%
2018-Q22018-07-270.770.770.0%
2018-Q32018-10-260.720.720.0%
2018-Q42019-01-250.730.741.4%
2019-Q12019-04-260.66n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a neutral movement of 0.58% to $15,544.00 million dollars. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) grew a 2.34% to 15.44%.

Colgate-Palmolive fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Colgate-Palmolive TTM sales up to March 2019 were $15,426.00 and earnings $2,326.00 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Colgate-Palmolive business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, stayed stable an unpleasant -0.76%. In line, profit margin (net income/sales) remained steady at 15.44%.

CL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$17,420 M-$2,240 M12.9%-
2014$17,277 M-0.82%$2,180 M12.6%-2.68%
2015$16,034 M-7.19%$1,384 M8.6%-36.51%
2016$15,195 M-5.23%$2,441 M16.1%76.37%
2017$15,454 M1.70%$2,024 M13.1%-17.08%
2018$15,544 M0.58%$2,400 M15.4%18.58%
TTM $15,426 M-0.76%$2,326 M15.1%-3.08%

Quarterly financial results

Colgate-Palmolive reported $3,884.00 million in revenues for 2019-Q1, a 1.92% improvement compared to previous quarter. Reported quarter income marked $560.00 M with a profit margin of 14.42%. Profit margin slightly fell a -1.48% compared to previous quarter when profit margin was 15.90%. When comparing sales to same quarter last year, Colgate-Palmolive sales marked an ugly decrease and depreciated a -2.95%.
CL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$3,830 M-$524 M13.7%-
2017-Q3$3,970 M3.66%$607 M15.3%15.84%
2017-Q4$3,892 M-1.96%$323 M8.3%-46.79%
2018-Q1$4,002 M2.83%$634 M15.8%96.28%
2018-Q2$3,886 M-2.90%$637 M16.4%0.47%
2018-Q3$3,845 M-1.06%$523 M13.6%-17.90%
2018-Q4$3,811 M-0.88%$606 M15.9%15.87%
2019-Q1$3,884 M1.92%$560 M14.4%-7.59%

Colgate-Palmolive ownership

When you are planning to buy a company, it's always worth to overview its ownership structure.

Colgate-Palmolive shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.32% of all shares.

Bearish positions for CL stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

CL
Market cap$60.4 B
Total shares857.0 M
Float shares795.4 M
  - Institutional holdings (%)81.5%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

CL summary

Monday, April 6th, 2020
Open$69.60
Close$70.49
Day range$69.13 - $70.98
Previous close$67.62
Session gain4.24%
Average true range$3.82
50d mov avg$70.54
100d mov avg$69.31
200d mov avg$69.90
Daily patternlb06a
Weekly pattern

Colgate-Palmolive performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Colgate-Palmolive to :
Stock3m6m12m
CLColgate-Palmolive1.09%1.22%5.04%

Colgate-Palmolive competitors

Unfortunately, we could not find any public company that could be defined as Colgate-Palmolive competitor. This doesn't mean Colgate-Palmolive does not have any competitor in the market, it's just we could not detected it.

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