Stock Update (NYSE:CL): Colgate-Palmolive Webcasts Presentation At The dbAccess Global Consumer Conference

[Business Wire] – Colgate-Palmolive’s Justin Skala, Chief Operating Officer, North America, Europe, Africa/Eurasia & Global Sustainability, will present on Tuesday, June 14, 2016 at the dbAccess Global Consumer Conference in Paris at 2:45 p.m. Read more on this. Colgate-Palmolive Co. (CL) , valued at $63.27B, opened at $70.40. During today’s session, CL traded between $70.17 to $71.05 with a trailing 52-week range being $50.84 to $72.72. CL shares are currently priced at 25.06x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 19.62x earnings multiple. The company pays shareholders $1.56 per share annually in dividends, yielding 2.21%. In a review of the consensus earnings estimate this quarter, 19 sell-side analysts are looking at $0.69 per share, which would be $0.01 worse than the year-ago quarter and a $0.02 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $2.81, which would be a $0.00 setback when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.86 Billion. If realized, that would be a 5.16% decrease over the year-ago quarter. Recently, Goldman upgraded CL from Sell to Neutral (May 2, 2016). Previously, Sterne Agee CRT downgraded CL from Buy to Neutral. When considering if perhaps the stock is under or overvalued, the average price target is $74.06, which is 5.20% above where the stock opened this morning. See more in (NYSE:CL) Similar Articles: Stock Update (NYSE:CL): Colgate-Palmolive Webcasts Presentation at the Bernstein 32nd Annual Strategic Decisions Conference 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