|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||65.39 - 66.13|
|52 Week Range||61.28 - 77.91|
|PE Ratio (TTM)||27.96|
|Earnings Date||Jul 27, 2018|
|Forward Dividend & Yield||1.68 (2.58%)|
|1y Target Est||70.16|
Let's check out the Yahoo Finance charts of the day. Amazon (AMZN): Shares are down in early trade, at around .02%. Amazon announced that Prime Day will start at 3:00 p.m. ET on July 16, and will last for 36 hours- six more than last year. Campbell Soup (CPB): Shares are up here, at around 3.2%. According to the NY Post, Hedge fund Third Point is pushing Campbell to explore a possible sale. The food company is in the process of reviewing its strategic plans. Heinz is also reportedly interested in acquiring Campbell Colgate-Palmolive (CL): Shares are up here, around .34%. The Wall Street Journal reports that Colgate is close to buying minority stake in online retail startup Hubble. Colgate reportedly wants to use Hubble to sell its household items through a home subscription service. For more on today's big stock movers check out the Final Round, live at 12:55 p.m. ET, right here on Yahoo Finance.
Procter & Gamble’s (PG) margins contracted in the past several quarters due to the lower net price realization and input cost headwinds. Plus, increased transportation costs further subdued its margins. The graph shows Procter & Gamble’s gross profit margins rate contracted in the past five quarters. Meanwhile, the rate of decline increased sequentially in the first three quarters of fiscal 2018, indicating higher cost pressure.
Analysts expect Procter & Gamble (PG) to report net sales of $16.5 billion in the fiscal fourth quarter of 2018, an increase of 2.9% YoY. However, analysts’ projected sales growth rate marks a deceleration when compared with the prior quarter. Procter & Gamble’s top line increased 4.3% during the third quarter of fiscal 2018. As for fiscal 2018, analysts expect Procter & Gamble’s top line to increase by 2.7% to $66.8 billion.
Similarly to fellow consumer packaged goods companies, Colgate-Palmolive is weathering difficult industry conditions in 2018.
Analysts providing recommendations on Colgate-Palmolive (CL) stock maintain a “neutral” outlook. Sales and margin headwinds aren’t expected to dissipate in the near term. Colgate-Palmolive’s top line will likely benefit from improved volumes. However, the pricing could remain low. Challenges in emerging markets could remain a drag.
Analysts expect Colgate-Palmolive (CL) to report net sales of $3.9 billion in the second quarter, which reflects a YoY (year-over-year) growth rate of 3.0%. The anticipated growth rate implies a slowdown compared to previous quarters.
Colgate-Palmolive (CL) is scheduled to announce its second-quarter earnings on July 27. Analysts expect the company’s sales and earnings to improve on a YoY (year-over-year) basis. However, cost headwinds and the soft organic sales growth rate could continue to restrict the EPS growth rate.
The World Cup began in 1930. After a 12-year break due to World War II, the soccer — oops, fútbol — tournament has been played every four years since 1950. This weekend we watched France beat Croatia 4-2 to win the 2018 World Cup.
Colgate-Palmolive Company will provide a live webcast of its 2018 second quarter earnings conference call on Friday, July 27, 2018, at 11:00 a.m. ET. The call will be hosted by Chairman and CEO, Ian Cook, and Senior Vice President - Investor Relations, John Faucher.
LONDON, UK / ACCESSWIRE / July 16, 2018 / Active-Investors has a free review on Colgate-Palmolive Co. (NYSE: CL) following the Company's announcement that it will begin trading ex-dividend on July 17, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on July 16, 2018. Active-Investors has initiated due-diligence on this dividend stock.
Among the companies with shares expected to trade actively in Thursday's session are CA Technologies, Broadcom, 21st Century Fox, Delta Air Lines and L Brands.
Colgate-Palmolive has promoted Noel R. Wallace to president and chief operating officer, and it named P. Justin Skala as executive vice president, chief growth & strategy officer.
Most analysts covering the stocks of consumer packaged goods manufacturers have provided “hold” recommendations. Innovation-led premium product offerings and promotional spending are expected to drive these companies’ top lines in this space. Share buybacks, lower effective taxes, and cost savings are likely to support their earnings growth rates.
Stocks of Procter & Gamble (PG), Kimberly-Clark (KMB), Clorox (CLX), and Colgate-Palmolive (CL) are trading at forward PE multiples that are well below their historical averages. For instance, Procter & Gamble’s current forward PE multiple of 18.4x is 10% lower than its four-year historical average of 20.5x. Colgate-Palmolive’s current forward PE multiple of 20.6x is 12% lower than its historical average of 23.3x.
The Coca-Cola Company (NYSE:KO) stock has been mostly dead money for the past year. Then again, consumer staples stocks have been under tremendous pressure lately because of changes in consumer tastes and the relentless impact of digital platforms, such as Amazon.com, Inc. (NASDAQ:AMZN). Companies like Colgate-Palmolive Company (NYSE:CL), General Mills, Inc. (NYSE:GIS) and Campbell Soup Company (NYSE:CPB) have suffered double-digit losses in their share prices during this period.
Trade tensions and rising interest rates have sent consumer staple stocks reeling in the first half of 2018, as measured by the Consumer Staples Select Sector SPDR ( XLP), which is down by nearly 12.5% from its highs in late January. Rising interest rates have caused dividend yields for many of these companies to rocket higher, pushing the stocks lower, while trade tensions have created uncertainty around international sales. An analysis of the technical charts suggests that some of the stocks in the group may have even further to decline, from what has already been a brutal 2018.
Colgate-Palmolive Co. is turning to an online startup to help it sell products like toothpaste through a home-subscription service, the latest experiment by a big household-products maker to cut out traditional retailers as sales shift online. Colgate, which has been selling its namesake product since 1873, is close to a deal to acquire a minority stake in Hubble, people familiar with the matter say. As part of the deal, Hubble would develop new online subscription avenues for some of Colgate’s products, the people said.