EPS for Colgate-Palmolive Company (CL) Expected At $0.72

July 18, 2017 - By Migdalia James

 EPS for Colgate Palmolive Company (CL) Expected At $0.72
Investors sentiment decreased to 0.86 in Q4 2016. Its down 0.03, from 0.89 in 2016Q3. It fall, as 53 investors sold Colgate-Palmolive Company shares while 472 reduced holdings. 91 funds opened positions while 363 raised stakes. 616.46 million shares or 0.02% less from 616.56 million shares in 2016Q3 were reported.
Apriem Advisors holds 89 shares. 30,262 were accumulated by Essex Invest Management Co Ltd Co. Chemung Canal Trust Com reported 22,146 shares or 0.34% of all its holdings. Partnervest Advisory Services Limited Liability Corp has 6,469 shares. Clarivest Asset Management Ltd Liability Com invested in 2,866 shares. Ubs Asset Mgmt Americas Inc, Illinois-based fund reported 2.28 million shares. Tcw Incorporated holds 104,747 shares. 1St Global owns 8,080 shares. 4,650 were reported by Wellington Shields Llc. Holt Capital Advsrs Limited Liability Corp Dba Holt Capital Prtn L P owns 3,812 shares. Modera Wealth Mngmt Llc accumulated 0.1% or 4,630 shares. 42,211 are held by Ontario Teachers Pension Plan Board. Aqr Management Ltd Company has 1.34 million shares for 0.12% of their portfolio. The Wisconsin-based Schaper Benz & Wise Invest Counsel Wi has invested 0.05% in Colgate-Palmolive Company (NYSE:CL). Jfs Wealth Advsrs Ltd Liability Corporation holds 210 shares.

Since February 2, 2017, it had 0 insider purchases, and 20 selling transactions for $17.03 million activity. Verduin Patricia sold 3,833 shares worth $258,842. The insider THOMPSON DELIA H sold $270,546. COOK IAN M also sold $1.90 million worth of Colgate-Palmolive Company (NYSE:CL) shares. HUSTON JOHN J sold $932,999 worth of stock. Another trade for 7,293 shares valued at $533,556 was sold by Marsili Daniel B. SADOVE STEPHEN I also sold $527,971 worth of Colgate-Palmolive Company (NYSE:CL) shares. On Tuesday, February 21 the insider HICKEY DENNIS J sold $529,678.

Wall Street await Colgate-Palmolive Company (NYSE:CL) to release earnings on July, 27. Analysts forecast earnings per share of $0.72, up exactly $0.02 or 2.86 % from 2014’s $0.7 EPS. The expected CL’s profit could reach $638.27M giving the stock 25.20 P/E in the case that $0.72 earnings per share is reported. After posting $0.67 EPS for the previous quarter, Colgate-Palmolive Company’s analysts now forecast 7.46 % EPS growth. The stock increased 0.14% or $0.1 during the last trading session, reaching $72.59. About 3.30M shares traded or 24.06% up from the average. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since July 18, 2016 and is uptrending. It has underperformed by 10.47% the S&P500.

Colgate-Palmolive Company (NYSE:CL) Ratings Coverage

Among 21 analysts covering Colgate-Palmolive (NYSE:CL), 3 have Buy rating, 0 Sell and 18 Hold. Therefore 14% are positive. Colgate-Palmolive had 41 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, April 19 the stock rating was maintained by Jefferies with “Hold”. The rating was upgraded by Bank of America on Monday, September 12 to “Buy”. The rating was downgraded by RBC Capital Markets on Monday, January 4 to “Sector Perform”. The firm has “Neutral” rating by B. Riley & Co given on Friday, October 28. The firm has “Neutral” rating given on Friday, July 29 by UBS. The company was upgraded on Tuesday, February 21 by BNP Paribas. The stock of Colgate-Palmolive Company (NYSE:CL) earned “Neutral” rating by UBS on Friday, April 29. The stock has “Hold” rating by RBC Capital Markets on Friday, May 26. Zacks downgraded Colgate-Palmolive Company (NYSE:CL) on Wednesday, August 5 to “Hold” rating. The stock of Colgate-Palmolive Company (NYSE:CL) has “Equal-Weight” rating given on Monday, March 21 by Barclays Capital.

Colgate-Palmolive Company is a consumer products company. The company has market cap of $64.35 billion. The Firm operates in two product divisions: Oral, Personal and Home Care, and Pet Nutrition. It has a 26.25 P/E ratio. The Oral, Personal and Home Care product segment is operated through five geographic divisions, which include North America, Latin America, Europe, Asia Pacific and Africa/Eurasia.

More important recent Colgate-Palmolive Company (NYSE:CL) news were published by: Nasdaq.com which released: “What Makes Colgate-Palmolive (CL) a Treasured Holding?” on June 29, 2017, also Fool.com published article titled: “Why Colgate-Palmolive Company Stock Is Up 13% in 2017”, Businesswire.com published: “Colgate-Palmolive Webcasts 2017 Second Quarter Earnings Conference Call July …” on July 05, 2017. More interesting news about Colgate-Palmolive Company (NYSE:CL) was released by: Seekingalpha.com and their article: “Dividend Stock Analysis: Colgate-Palmolive Co.” with publication date: July 16, 2017.

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