To predict the stock price of Colgate-Palmolive (CL) for the next trading week, we analyze both fundamental and technical factors.
Colgate-Palmolive recently announced a dividend increase and a new share repurchase program, signaling confidence in its financial health. The company raised its quarterly dividend to $0.52 per share and authorized a $5 billion buyback, which could positively impact the stock price by returning value to shareholders.
The stock is currently trading near its 20-day moving average of $91.68, with a relative strength index (RSI) of 48.09, indicating a neutral position. The MACD is slightly bullish, suggesting some upward momentum.
Based on the analysis, the stock is expected to trade in a narrow range with a slight upward bias. The predicted price range for the next trading week is between $91.50 and $92.50, with an exact target price of $92.00.
Given the neutral technical indicators and the positive fundamental news, it is recommended to sell Colgate-Palmolive (CL) at the upper end of the predicted range, as the upside potential is limited.
The price of CL is predicted to go up 8.44%, based on the high correlation periods with ZS. The similarity of these two price pattern on the periods is 94.42%.
CL
ZS
Increased pet adoption (up by mid-single-digits in the US) during the pandemic could buoy Colgate's Hill's business over a longer horizon than we anticipate.
Even in the face of cost pressures, Colgate has been resolute in its commitment to investing behind its brand, with advertising spending up 18% in the fourth quarter, thus supporting its wide moat.
Colgate's gross margin averaged 59% over the past five years, and with management's claims that its gross margin in emerging markets outpaces developed regions, growth in these regions could propel profits even further.
Piper Sandler
2025-03-31
Price Target
$108 → $107
Upside
+14.19%
Barclays
2025-03-27
Price Target
$83 → $89
Downside
-4.5%
Stifel
2025-01-17
Price Target
$101 → $95
Upside
+7.67%