Stock Update (NYSE:CL): The Price Data Tells the Story — Research Reports on Barrick Gold, CBS Corp., Colgate-Palmolive and Automatic Data Processing

[Accesswire] – NEW YORK, NY / ACCESSWIRE / February 8, 2016 / Moments ago, Trader’s Choice released new research updates concerning several important developing situations including the following equities: Barrick Gold … Read more on this. Colgate-Palmolive Co. (CL) , with a current value of $58.82B, started trading this morning at $65.65. Looking at the equity, the company’s one day range is $65.24 to $65.95 and has traded between $50.84 and $71.56 over the past year. Priced at 24.07x this year’s forecasted earnings, CL shares are relatively expensive compared to the industry ’s 18.11x forward p/e ratio. The company pays shareholders $1.52 per share in dividend income per year, for a current yield of 2.30%. According to a consensus of 19 analysts, the earnings estimate of $0.63 per share would be $0.03 worse than the year-ago quarter and a $0.05 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.75 would be a $0.06 setback when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.77 Billion. If realized, that would be a 7.37% decrease over the year-ago quarter. In terms of ratings, Exane BNP Paribas upgraded CL from Neutral to Outperform (Jan 15, 2016). Previously, RBC Capital Mkts downgraded CL from Outperform to Sector Perform. With the above information in mind, readers should note that the average price target is $68.97, which is 5.06% above where the stock opened this morning. See more in (NYSE:CL) Similar Articles: Stock Update: Colgate-Palmolive Company (NYSE:CL) – Colgate-Palmolive Webcasts Presentation at The Consumer Analyst Group of New York Conference Stock Update: Colgate-Palmolive Company (NYSE:CL) – Colgate-Palmolive Returns With Its Annual ‘Haz la U’ Educational Grant Program in Celebration of Hispanic Heritage Month Stock Update: Colgate-Palmolive Company (NYSE:CL) – Colgate-Palmolive Webcasts Presentation at the Barclays Global Consumer Staples Conference