Company Update (NYSE:CL): Colgate-Palmolive Proudly Highlights Ongoing Progress Toward “Giving the World Reasons to Smile” in 2015 Sustainability Report

[Business Wire] – Every day, Colgate-Palmolive employees everywhere help bring the Company’s sustainability strategy to life by delivering innovative products that meet consumers’ needs, making a difference in the community, and reducing our environmental impact. Read more on this. Colgate-Palmolive Co. (CL) , valued at $63.27B, started the session at $71.96. Looking at today’s market, CL one day range is $70.46 to $71.97 and has traded between $50.84 and $72.72 over the past year. CL shares are currently priced at 25.54x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 18.14x forward p/e ratio. And for income investors, the company pays shareholders $1.56 per share annually in dividends, yielding 2.18%. According to a consensus of 18 analysts, the earnings estimate of $0.69 per share would be $0.01 worse than the year-ago quarter and a $0.02 sequential increase. What we find to be interesting is that the full-year EPS estimate of $2.82 is a $0.01 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.86 Billion. If reported, that would be a 5.16% decrease over the year-ago quarter. In terms of ratings, Goldman upgraded CL from Sell to Neutral (May 2, 2016). Previously, Sterne Agee CRT downgraded CL from Buy to Neutral. Investors should keep in mind is that the average price target is $73.59, which is 2.27% above where the stock opened this morning. See more in (NYSE:CL) Similar Articles: Stock Update: Colgate-Palmolive Company (NYSE:CL) – Colgate-Palmolive Webcasts 2016 First Quarter Earnings Conference Call April 28, 2016 – 11:00 a.m. ET Stock Update: Colgate-Palmolive Company (NYSE:CL) – Colgate-Palmolive Webcasts Presentation at The Consumer Analyst Group of New York Conference Market Update: Colgate-Palmolive Company (NYSE:CL) – Colgate-Palmolive Webcasts 2015 Fourth Quarter and Year-end Earnings Conference Call January 29, 2016 – 11:00 a.m. ET