Colgate-Palmolive (CL, Financial) shares saw a notable decline, dropping 2.06% to $99.96. Trading volume reached 2.463 million shares, with a turnover rate of 0.30% and a price fluctuation of 1.70%. The company's recent financial report revealed a revenue of $5.058 billion, net income of $731 million, and earnings per share (EPS) of $0.89. The gross profit was $3.069 billion, with a price-to-earnings (P/E) ratio of 29.16.
Among analysts covering the stock, 54% recommended a buy, 38% suggested holding, and 8% advised selling. Within the personal care industry where Colgate-Palmolive operates, there was an overall decline of 1.07%. Notably, Big Tree Cloud Holdings, Carmell Corporation, and Grove Collaborative Holdings saw significant gains. Meanwhile, Hims & Hers Health, Carbon Doctor Holdings, and E.L.F. Beauty were particularly active, with turnover rates of 104.53%, 10.35%, and 1.85%, respectively. Stocks with the largest price fluctuations included Big Tree Cloud and Carmell Corporation, with swings of 35.67% and 22.83%.
Founded in 1806, Colgate-Palmolive has grown into a leading global consumer products company. Known for its oral care products, it also produces shampoos, shower gels, deodorants, and household care items, selling in over 200 countries. International sales account for roughly 70% of its total revenue, with about 45% from emerging markets. The company also owns Hill’s, a pet food manufacturer dedicated to veterinary and specialized pet retail distribution.
