Price movement of Colgate-Palmolive
Colgate-Palmolive (CL) has a market capitalization of $60.9 billion. CL rose by 0.37% to close at $68.23 per share as of March 10, 2016. The stock’s price movements on a weekly, monthly, and year-to-date (or YTD) basis are 0.92%, 3.6%, and 3.0%, respectively.
Currently, CL is trading 2.1% above its 20-day moving average, 4.1% above its 50-day moving average, and 4.5% above its 200-day moving average.
The iShares Russell 1000 Growth ETF (IWF) invests 0.49% of its holdings in Colgate-Palmolive. The ETF tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest growth characteristics, based on Russell’s style methodology. The YTD price movement of IWF was -3.8% as of March 9, 2016.
The market capitalizations of Colgate-Palmolive’s competitors are as follows:
Colgate-Palmolive increased its quarterly dividend
Colgate-Palmolive has increased the quarterly common stock cash dividend by 3%. The company has declared a new quarterly dividend of $0.39 per share on its common stock. The dividend will be paid on May 16, 2016, to shareholders on record at the close of business on April 22, 2016.
Performance of Colgate-Palmolive in 4Q15 and 2015
Colgate-Palmolive reported 4Q15 net sales of $3,899.0 million, a fall of 7.6% compared to net sales of $4,221.0 million in 4Q14. Oral, personal, and home care sales of Latin America, North America, Europe and the South Pacific, Asia, and Africa and Eurasia fell by 11.9%, 1.2%, 14.3%, 4.8%, and 16.4%, respectively, in 4Q15 compared to 4Q14.
The company’s net income and EPS (earnings per share) fell to -$458.0 million and -$0.51, respectively, in 4Q15, compared to $628.0 million and $0.68, respectively, in 4Q14.
In 2015, CL reported net sales of $16,034.0 million, a fall of 7.2% YoY (year-over-year). Its net income and EPS fell to $1,384.0 million and $1.52, respectively, in 2015, compared to $2,180.0 million and $2.36, respectively, in 2014.
Meanwhile, its cash and cash equivalents and inventories fell by 10.9% and 14.6%, respectively, in 2015.
The price-to-earnings and price-to-sales ratios of Colgate-Palmolive are 45.2x and 3.8x, respectively, as of March 10, 2016.
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