AllAnalyst Report
logoArgusJanuary 05, 2021

Colgate-Palmolive Company: Previewing 4Q earnings; raising target to $94 from $90

Symbols
CL
Sector(s)
Consumer Defensive
Rating
Current Price
$89.29
Price Target
Earnings Estimate
Summary

Colgate-Palmolive, based in New York, manufactures and distributes consumer products in the following categories: oral care, personal care, household surface care, fabric care and pet food. The company's brands include Colgate, Palmolive, Irish Spring, Softsoap, Ajax, Fab, Protex (antibacterial soap), and Hill's Science Diet pet food. The company's products, sold in more than 200 countries, generated $15.7 billion of sales in 2019. About 75% percent of 2019's $13.2 billion in Oral, Personal and Home Care sales came from outside North America. Sales are split almost evenly between developed market

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Analyst Profile

Chris Graja, CFA

Senior Analyst: Retail
Chris covers the Consumer sector for Argus. He was the #1 Stock Picker in the Household Durables sector, winning the 2019 StarMine U.S. Analyst award from Refinitiv. He was the #1 Stock Picker in Food and Staples Retailing, winning back-to-back U.S. Analyst Awards in 2015 and 2016. He received a prestigious Volunteer of the Year award from the New York Society of Security Analysts in 2000. Prior to Argus, Chris spent 16 years at Bloomberg Financial Markets. He was the Director of Training and a Senior Researcher for Bloomberg’s research division before joining the new Bloomberg magazine as Technical Studies Editor in 1993. He rose to Executive Markets Editor of the publishing group. Chris co-authored the book “Investing in Small-Cap Stocks,” which was published in three U.S. editions, an audio book, and two Chinese editions. Chris earned an MBA from Rutgers University. He is a CFA charterholder.