Colgate-Palmolive Company (CL)
NYSE: CL · Real-Time Price · USD
94.72
-1.02 (-1.07%)
Oct 29, 2024, 4:00 PM EDT - Market closed

Colgate-Palmolive Company Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for CL stock have an average target of 105.11, with a low estimate of 91 and a high estimate of 122. The average target predicts an increase of 10.97% from the current stock price of 94.72.

Analyst Consensus: Buy
Target Low Average Median High
Price $91 $105.11 $107 $122
Change -3.93% +10.97% +12.96% +28.80%

Analyst Ratings

The average analyst rating for CL stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 998876
Buy 455566
Hold 336667
Sell 000011
Strong Sell 000000
Total 161719192020

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Sell
Maintains
$100$92
Sell Maintains $100$92 -2.87% Oct 28, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$115$110
Strong Buy Maintains $115$110 +16.13% Oct 28, 2024
Stifel
Stifel
Hold
Downgrades
$105$101
Hold Downgrades $105$101 +6.63% Oct 28, 2024
JP Morgan
JP Morgan
Buy
Maintains
$113$114
Buy Maintains $113$114 +20.35% Oct 11, 2024
Piper Sandler
Piper Sandler
Buy
Initiates
$121
Buy Initiates $121 +27.74% Sep 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
20.80B
from 19.46B
Increased by 6.88%
Revenue Next Year
21.58B
from 20.80B
Increased by 3.76%
EPS This Year
3.68
from 2.77
Increased by 33.03%
EPS Next Year
4.00
from 3.68
Increased by 8.59%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
15.69B16.47B17.42B17.97B19.46B20.80B21.58B22.52B
Revenue Growth
0.96%4.96%5.77%3.13%8.29%6.88%3.76%4.39%
EPS
2.753.142.552.132.773.684.004.36
EPS Growth
-14.18%-18.79%-16.47%30.05%33.03%8.59%8.97%
Forward PE
-----25.7123.6721.72
No. Analysts -----282819
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 21.4B 22.3B 23.5B
Avg 20.8B 21.6B 22.5B
Low 19.6B 20.1B 20.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
9.8%
7.4%
8.7%
Avg
6.9%
3.8%
4.4%
Low
0.7%
-3.4%
-3.4%

EPS Forecast

EPS 20242025202620272028
High 3.84 4.24 4.67
Avg 3.68 4.00 4.36
Low 3.45 3.72 4.00

EPS Growth

EPS Growth 20242025202620272028
High
38.7%
15.1%
16.8%
Avg
33.0%
8.6%
9.0%
Low
24.5%
1.1%
-0.1%
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.