Colgate-Palmolive Company (CL)
NYSE: CL · IEX Real-Time Price · USD
91.01
+1.72 (1.93%)
At close: Apr 26, 2024, 4:00 PM
91.00
-0.01 (-0.01%)
After-hours: Apr 26, 2024, 7:09 PM EDT
Colgate-Palmolive Company Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for CL stock have an average target of 90.4, with a low estimate of 80 and a high estimate of 100. The average target predicts a decrease of -0.67% from the current stock price of 91.01.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CL stock from 15 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 8 | 8 | 8 |
| Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Hold | 4 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 15 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $95 → $100 | Strong Buy | Maintains | $95 → $100 | +9.88% | Apr 16, 2024 |
| Barclays | Barclays | Hold Maintains $82 → $84 | Hold | Maintains | $82 → $84 | -7.70% | Apr 12, 2024 |
| Stifel | Stifel | Strong Buy Maintains $89 → $94 | Strong Buy | Maintains | $89 → $94 | +3.29% | Apr 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $90 → $96 | Buy | Maintains | $90 → $96 | +5.48% | Apr 8, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $93 | Strong Buy | Initiates | $93 | +2.19% | Mar 1, 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 | 24.6B | 25.7B |
| Avg | 20.8B | 21.7B | 22.6B | 22.9B | 24.2B |
| Low | 19.6B | 20.3B | 21.0B | 21.3B | 22.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9% | 8.7% | 9.2% | 8.6% | 12.1% |
| Avg | 6.8% | 4.3% | 4.4% | 1.3% | 5.5% |
| Low | 1.0% | -2.2% | -3.2% | -6.1% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.73 | 4.17 | 4.65 | 4.64 | 4.98 |
| Avg | 3.59 | 3.91 | 4.26 | 4.50 | 4.87 |
| Low | 3.31 | 3.61 | 3.88 | 4.18 | 4.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.6% | 16.1% | 18.9% | 9.0% | 10.7% |
| Avg | 29.6% | 8.9% | 8.8% | 5.7% | 8.2% |
| Low | 19.6% | 0.4% | -0.9% | -1.7% | 2.6% |
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.