Colgate-Palmolive Company (CL): Today's Featured Consumer Non-Durables Laggard

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

Colgate-Palmolive Company ( CL) 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 0.4%. By the end of trading, Colgate-Palmolive Company fell $1.79 (-3.0%) to $57.84 on average volume. Throughout the day, 4,423,583 shares of Colgate-Palmolive Company exchanged hands as compared to its average daily volume of 3,051,600 shares. The stock ranged in price between $57.84-$59.47 after having opened the day at $59.42 as compared to the previous trading day's close of $59.63. Other companies within the Consumer Non-Durables industry that declined today were: Rocky Brands ( RCKY), down 5.1%, ACCO Brands ( ACCO), down 4.5%, Goodyear Tire & Rubber ( GT), down 4.3% and Kimberly-Clark Corporation ( KMB), down 3.5%.
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Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. The company operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. Colgate-Palmolive Company has a market cap of $55.6 billion and is part of the consumer goods sector. The company has a P/E ratio of 24.4, above the S&P 500 P/E ratio of 17.7. Shares are up 14.1% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Colgate-Palmolive Company a buy, 1 analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates Colgate-Palmolive Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Fuwei Films (Holdings ( FFHL), down 15.4%, Ever-Glory International Group ( EVK), down 9.0%, Tandy Leather Factory ( TLF), down 6.2% and China Shengda Packaging Group ( CPGI), down 4.2%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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