Economy

Analysts Set Expectations for Colgate-Palmolive Company's FY2017 Earnings (CL)

Analysts Set Expectations for Colgate-Palmolive Company's FY2017 Earnings (CL)”

The firm exchanged a volume of 2.53 million shares at hands.

In terms of Colgate-Palmolive Company (CL) stock price comparison to its moving averages, shares of company are 2.70% away from the 50-day moving average and 2.89% away from 20-day average. It has underperformed by 10.47% the S&P500. The firm owned 8,616 shares of the company's stock after buying an additional 1,497 shares during the quarter.

Other hedge funds also recently modified their holdings of the company. The company has market cap of $2.00 billion.

Heading into the stock price potential, Ritter Pharmaceuticals, Inc. needs to grow just 300% to cross its median price target of $2. It has outperformed by 190.44% the S&P500. The Chemung Canal Trust Company holds 27,447 shares with $2.04M value, up from 21,281 last quarter. Finally, Hanson & Doremus Investment Management increased its stake in shares of Colgate-Palmolive by 4.5% during the 2nd quarter.

Since March 31, 2017, it had 1 buying transaction, and 3 sales for $35,244 activity. Insiders sold 217,969 shares of company stock worth $15,693,933 in the last 90 days. The insider KOGAN RICHARD J sold 8,000 shares worth $575,350. Its up 0.08, from 0.82 in 2017Q1. HUSTON JOHN J had sold 14,000 shares worth $1.00M. Burney Communications owns 3,290 shares for 0.02% of their portfolio. Baltimore owns 70,570 shares. Baystate Wealth has 1,397 shares. Aperio Ltd Liability Corp has 461,777 shares. Overall, the share price is down -81.47% so far this year. Solaris Asset Ltd Liability owns 700 shares. Homrich And Berg accumulated 5,097 shares. Raymond James invested 0% in Antares Pharma Inc (NASDAQ:ATRS). Fort Washington Investment Advisors Oh has 12,467 shares for 0.02% of their portfolio. It was reported on Sep, 25 by Barchart.com.

Selective Insurance Group, Inc.is a holding company. Norinchukin Bancshares The reported 415,273 shares or 0.63% of all its holdings. After $0.68 actual EPS reported by Selective Insurance Group for the previous quarter, Wall Street now forecasts 16.18% EPS growth. A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range. Therefore 100% are positive. Stifel Nicolaus maintained the shares of CL in report on Monday, September 18 with "Hold" rating. On Friday, September 4 the stock rating was upgraded by Zacks to "Hold". The rating was initiated by H.C. Wainwright with "Buy" on Friday, September 8. On Friday, June 30 the stock rating was maintained by RBC Capital Markets with "Hold". Mark Asset holds 135,353 shares or 2.86% of its portfolio. The ex-dividend date was set for Friday the 14th of July 2017. Therefore 17% are positive.

Colgate-Palmolive Company (NYSE:CL) slipped over -0.25% at $71.19, after hitting low of $71 in an intra-day trade. On Monday, May 16 the stock rating was maintained by Barclays Capital with "Overweight". The rating was upgraded by BNP Paribas on Tuesday, February 21 to "Outperform". Bank of America Corporation increased their target price on shares of Colgate-Palmolive from $78.00 to $80.00 and gave the stock a "buy" rating in a research report on Wednesday, May 31st. UBS maintained it with "Neutral" rating and $72 target in Friday, July 31 report. The share price was last seen -0.25% lower, reaching at $71.19 on Sep. Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value. For investors, Forward P/E ratio allows a quick snapshot of the company's finances without getting bogged down in the details of an accounting report. For the past 5 years, the stock's EPS growth has been almost -16.30%. NTB's profit will be $38.28M for 13.06 P/E if the $0.70 EPS becomes a reality. Blue Chip Partners Inc. lifted its stake in shares of Colgate-Palmolive by 0.4% during the first quarter.

Investors sentiment increased to 0.9 in Q2 2017. Its up 0.08, from 0.82 in 2017Q1. It improved, as 47 investors sold CL shares while 453 reduced holdings. 92 funds opened positions while 359 raised stakes.

State Street has invested 0.39% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Jacobs And Com Ca holds 11,712 shares. Fukoku Mutual Life Ins owns 4,700 shares. (NYSE:XEL) stake by 10,198 shares to 512,866 valued at $23.53M in 2017Q2. Massachusetts-based Congress Asset Ma has invested 0.93% in Colgate-Palmolive Company (NYSE:CL). Martin Mgmt Ltd Liability invested 3.04% in Colgate-Palmolive Company (NYSE:CL). Gabelli Funds Lc holds 30,000 shares or 0.01% of its portfolio.

On the other hand, Colgate-Palmolive Company by far traveled 12.23% versus a 1-year low price of $63.43. Omers Administration Corporation invested in 29,561 shares. The original version of this article can be accessed at https://baseballnewssource.com/markets/colgate-palmolive-company-cl-cut-to-sell-at-zacks-investment-research/1665410.html. New York-based Neville Rodie And Shaw has invested 0.21% in Colgate-Palmolive Company (NYSE:CL). The price to earnings ratio for Colgate-Palmolive Company (NYSE:CL) is 26.106219. Parkside Financial Bank Trust has invested 0.15% in Colgate-Palmolive Company (NYSE:CL).

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