Colgate-Palmolive (CL) Expected to Release Earnings on Friday
π Colgate-Palmolive is set to release Q2 2026 earnings before market open on Friday, July 31st.
π° Analysts expect EPS of $0.9470 and revenue of $5.3563 billion for the upcoming quarter.
π The company previously beat estimates in May with $0.97 EPS and $5.32 billion in revenue.
π’ Market cap stands at $72.00 billion with a P/E ratio of 35.01 and a beta of 0.33.
π Revenue grew 8.4% year-over-year, reaching $5.32 billion in the last reported quarter.
π― The consensus analyst target price is $97.82 with an average rating of Moderate Buy.
πΌ UBS Group raised its price target to $106.00 and reaffirmed a buy rating recently.
π Wall Street Zen lowered the rating from buy to hold in late March.
π¦ Institutional ownership is high at 80.41% with major funds increasing stakes significantly.
π Amundi grew its stake by 41.6%, while Two Sigma raised holdings by 360.9%.
- The company recently beat earnings estimates with $0.97 EPS compared to a consensus of $0.94.
- Revenue exceeded expectations at $5.32 billion versus the forecasted $5.22 billion.
- UBS Group increased its price target to $106.00 and maintained a buy rating on Thursday, July 16th.
- Deutsche Bank Aktiengesellschaft restated a buy rating with a $99.00 price target in May.
- Amundi significantly increased its stake by 41.6% to own over 6.2 million shares valued at nearly $488 million.
- Two Sigma Investments LP raised its position by 360.9%, now holding over 2.1 million shares worth approximately $170 million.
- The Canada Pension Plan Investment Board boosted its holdings by 392.8% in the second quarter.
- Revenue demonstrated solid growth of 8.4% on a year-over-year basis during the last reported quarter.
- Wall Street Zen lowered its rating from buy to hold in late March, indicating some caution among analysts.
- The stock trades at a high P/E ratio of 35.01 and a PEG ratio of 4.83, suggesting potential valuation concerns relative to growth.