Colgate-Palmolive Company (CL)
NYSE: CL · IEX Real-Time Price · USD
98.08
+0.07 (0.07%)
At close: Jul 19, 2024, 4:00 PM
97.95
-0.13 (-0.13%)
Pre-market: Jul 22, 2024, 5:41 AM EDT
Colgate-Palmolive Company Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for CL stock have an average target of 97.82, with a low estimate of 84 and a high estimate of 112. The average target predicts a decrease of -0.27% from the current stock price of 98.08.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CL stock from 17 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 9 | 9 | 9 |
| Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $100 → $106 | Buy | Maintains | $100 → $106 | +8.08% | Jul 18, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $98 → $104 | Strong Buy | Maintains | $98 → $104 | +6.04% | Jul 17, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $103 → $112 | Strong Buy | Maintains | $103 → $112 | +14.19% | Jul 10, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $100 → $110 | Strong Buy | Maintains | $100 → $110 | +12.15% | Jul 10, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $92 → $97 | Hold | Maintains | $92 → $97 | -1.10% | Jul 10, 2024 |
Financial Forecast
Revenue This Year
20.82B
from 19.46B
Increased by 6.98%
Revenue Next Year
21.66B
from 20.82B
Increased by 4.06%
EPS This Year
3.63
from 2.77
Increased by 31.11%
EPS Next Year
3.95
from 3.63
Increased by 8.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.6B | 22.9B | 24.0B | 24.5B | 25.6B |
| Avg | 20.8B | 21.7B | 22.6B | 23.5B | 24.4B |
| Low | 19.6B | 20.0B | 20.7B | 22.0B | 22.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.2% | 9.8% | 10.6% | 8.5% | 9.4% |
| Avg | 7.0% | 4.1% | 4.3% | 3.8% | 3.9% |
| Low | 0.8% | -3.9% | -4.4% | -2.7% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.79 | 4.26 | 4.71 | 4.85 | 5.19 |
| Avg | 3.63 | 3.95 | 4.30 | 4.67 | 5.00 |
| Low | 3.40 | 3.66 | 3.93 | 4.39 | 4.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.8% | 17.4% | 19.3% | 12.8% | 11.2% |
| Avg | 31.1% | 8.8% | 8.9% | 8.5% | 7.2% |
| Low | 22.8% | 0.6% | -0.5% | 2.1% | 1.0% |
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.