Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Colgate-Palmolive Company fell $1.96 (-1.8%) to $104.60 on heavy volume. Throughout the day, three million shares of Colgate-Palmolive Company exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in price between $103.05-$107 after having opened the day at $106.75 as compared to the previous trading day's close of $106.56. Other companies within the Consumer Non-Durables industry that declined today were:
), down 21.2%,
), down 10.9%,
), down 10%, and
), down 6.5%.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. Colgate-Palmolive Company has a market cap of $50.51 billion and is part of the consumer goods sector. The company has a P/E ratio of 21.1, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 15.3% year to date as of the close of trading on Wednesday. Currently there are seven analysts that rate Colgate-Palmolive Company a buy, one analyst rates it a sell, and 14 rate it a hold.
TheStreet Ratings rates Colgate-Palmolive Company as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Colgate-Palmolive Ratings Report.
On the positive front,
), up 15.2%,
), up 11.2%,
), up 5.9%, and
), up 4.3%, were all gainers within the consumer non-durables industry with
) being today's featured consumer non-durables industry leader.
- Use our consumer non-durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider
) while those bearish on the consumer non-durables industry could consider
- Find other investment ideas from our top rated ETFs lists.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now