Colgate Palmolive Stock Z Score

CL Stock  USD 88.58  0.25  0.28%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Colgate Palmolive Piotroski F Score and Colgate Palmolive Valuation analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.
  
At this time, Colgate Palmolive's Additional Paid In Capital is quite stable compared to the past year. Change In Working Capital is expected to rise to about 477.8 M this year, although the value of Net Invested Capital will most likely fall to about 8.7 B. At this time, Colgate Palmolive's Interest Expense is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 2.1 B this year, although the value of Selling General Administrative will most likely fall to about 4.2 B.

Colgate Palmolive Company Z Score Analysis

Colgate Palmolive's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Colgate Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Colgate Palmolive is extremely important. It helps to project a fair market value of Colgate Stock properly, considering its historical fundamentals such as Z Score. Since Colgate Palmolive's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Colgate Palmolive's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Colgate Palmolive's interrelated accounts and indicators.
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Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

In accordance with the company's disclosures, Colgate Palmolive has a Z Score of 0.0. This is 100.0% lower than that of the Household Products sector and 100.0% lower than that of the Consumer Staples industry. The z score for all United States stocks is 100.0% higher than that of the company.

Colgate Palmolive ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Colgate Palmolive's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Colgate Palmolive's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Colgate Palmolive Institutional Holders

Institutional Holdings refers to the ownership stake in Colgate Palmolive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Colgate Palmolive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Colgate Palmolive's value.
Shares
Northern Trust Corp2023-12-31
M
Legal & General Group Plc2023-12-31
7.7 M
Wells Fargo & Co2023-12-31
7.6 M
Deutsche Bank Ag2023-12-31
7.5 M
Amvescap Plc.2023-12-31
7.3 M
Fidelity International Ltd2023-12-31
M
State Farm Mutual Automobile Ins Co2023-12-31
6.7 M
Guardcap Asset Management Limited2023-12-31
6.7 M
Bank Of New York Mellon Corp2023-12-31
6.4 M
Vanguard Group Inc2023-12-31
79.9 M
Blackrock Inc2023-12-31
56.2 M

Colgate Fundamentals

About Colgate Palmolive Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Colgate Palmolive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Colgate Palmolive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Colgate Palmolive based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Colgate Palmolive Investors Sentiment

The influence of Colgate Palmolive's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Colgate. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Colgate Palmolive's public news can be used to forecast risks associated with an investment in Colgate. The trend in average sentiment can be used to explain how an investor holding Colgate can time the market purely based on public headlines and social activities around Colgate Palmolive. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Colgate Palmolive's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Colgate Palmolive's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Colgate Palmolive's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Colgate Palmolive.

Colgate Palmolive Implied Volatility

    
  37.68  
Colgate Palmolive's implied volatility exposes the market's sentiment of Colgate Palmolive stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Colgate Palmolive's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Colgate Palmolive stock will not fluctuate a lot when Colgate Palmolive's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Colgate Palmolive in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Colgate Palmolive's short interest history, or implied volatility extrapolated from Colgate Palmolive options trading.

Pair Trading with Colgate Palmolive

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Colgate Palmolive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Colgate Palmolive will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Colgate Palmolive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colgate Palmolive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Colgate Palmolive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Colgate Palmolive to buy it.
The correlation of Colgate Palmolive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Colgate Palmolive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colgate Palmolive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Colgate Palmolive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Colgate Palmolive is a strong investment it is important to analyze Colgate Palmolive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Colgate Palmolive's future performance. For an informed investment choice regarding Colgate Stock, refer to the following important reports:
Check out Colgate Palmolive Piotroski F Score and Colgate Palmolive Valuation analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Colgate Palmolive's price analysis, check to measure Colgate Palmolive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Colgate Palmolive is operating at the current time. Most of Colgate Palmolive's value examination focuses on studying past and present price action to predict the probability of Colgate Palmolive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colgate Palmolive's price. Additionally, you may evaluate how the addition of Colgate Palmolive to your portfolios can decrease your overall portfolio volatility.
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Is Colgate Palmolive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Colgate Palmolive. If investors know Colgate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Colgate Palmolive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
144.537
Dividend Share
1.91
Earnings Share
2.77
Revenue Per Share
23.516
Quarterly Revenue Growth
0.069
The market value of Colgate Palmolive is measured differently than its book value, which is the value of Colgate that is recorded on the company's balance sheet. Investors also form their own opinion of Colgate Palmolive's value that differs from its market value or its book value, called intrinsic value, which is Colgate Palmolive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Colgate Palmolive's market value can be influenced by many factors that don't directly affect Colgate Palmolive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Colgate Palmolive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colgate Palmolive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colgate Palmolive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.