Colgate-Palmolive Co. (CL) was a big mover last session, as the company saw its shares rise 6% on the day. The gain can be attributed to the company’s upbeat fourth-quarter 2014 earnings. This led to far more shares changing hands than in a normal session. This stock trading in the volatile price range of $65.12 to $70.48 in the past one-month time frame, showed a pick up yesterday at $69.03.
The company has seen 4 downward estimate revisions in the past one month, while its Zacks Consensus Estimate moved lower over the same period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Colgate-Palmolive currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A well performing stock in the same industry includes The Clorox Company (CLX) carrying a Zacks Rank #2(Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
COLGATE PALMOLI (CL): Free Stock Analysis Report
CLOROX CO (CLX): Free Stock Analysis Report
To read this article on Zacks.com click here.