Market Update: Colgate-Palmolive Company (NYSE:CL) – Colgate-Palmolive Webcasts 2015 Fourth Quarter and Year-end Earnings Conference Call January 29, 2016 – 11:00 a.m. ET

[Business Wire] – Colgate-Palmolive Company will provide a live webcast of its 2015 fourth quarter and year-end earnings conference call on Friday, January 29, 2016, at 11:00 a.m. ET. The call will be hosted by Chairman, President and CEO, Ian Cook, and Senior Vice President – Investor Relations, Bina Thompson. Read more on this. Colgate-Palmolive Co. (CL) , valued at $56.97B, opened this morning at $62.37. Today’s price range has been between $62.32 and $63.92 per share and has traded between $50.84 and $71.56 over the past year. CL shares are currently priced at 22.55x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.77x forward p/e ratio. The company pays shareholders $1.52 per share in dividend income per year, for a current yield of 2.43%. Consensus earnings for the current quarter by the 20 sell-side analysts covering the stock is an estimate of $0.72 per share, which would be $0.04 worse than the year-ago quarter and a $0.03 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.79, which would be a $0.14 worse when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.95 Billion. If realized, that would be a 6.40% decrease over the year-ago quarter. In terms of ratings, RBC Capital Mkts downgraded CL from Outperform to Sector Perform (Jan 4, 2016). Previously, Sterne Agee CRT Initiated CL at to Buy. Investors should keep in mind is that the average price target is $70.00, which is 12.23% above where the stock opened this morning. See more in (NYSE:CL) Similar Articles: Stock Update (NYSE:CL): Colgate-Palmolive Webcasts 2015 Third Quarter Earnings Conference Call October 30, 2015 – 11:00 a.m. ET Stock Update: Colgate-Palmolive Company (NYSE:CL) – Colgate-Palmolive Webcasts Presentation at the Barclays Global Consumer Staples Conference Market Update: Colgate-Palmolive Company (NYSE:CL) – Colgate-Palmolive sales fall for fourth straight quarter