Colgate-Palmolive Co. has been delivering a strong performance, often outperforming its competitors on the trading floor. It has hit
fresh highs, with further room anticipated for growth. With over a
15% rise this year, higher levels are being projected.
Deutsche Bank and
RBC Capital have raised the company's price target. The company reports strong demand despite cost challenges, surpassing Q1 expectations.
Sales guidance has been raised, beating estimates with
organic sales sizzle in Q1. It is favorably owned by institutional owners with 82-83% ownership and is set to
increase dividend to $0.50, further boosting shareholder value. The company posted strong Q1 2024 earnings. However, there have been minor drawbacks such as underperforming its competitors on a few trading days. With a strategic SWOT insight revealing robust financial foundations, Colgate-Palmolive has shown strong growth potential and momentum for the long-term.
Colgate-Palmolive Company CL News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Fri, 10 May 2024 01:48:26 GMT -
Rating 8
- Innovation 3
- Information 9
- Rumor -5
