Colgate stock price forecast recent management commentary pointed to

Recent management commentary pointed to accelerated e-commerce penetration, a channel growing at high double digits. This trend is factored into the colgate stock price forecast as a catalyst for sustaining above-consensus revenue growth. Colgate’s organic sales growth reflected augmented volume and higher pricing. The company reported volume increase in every operating division, aided by higher brand penetration to drive category gains. Total volumes rose 4.7% year over year on an organic and reported basis, attributed to growth across all divisions. The quarter marked the return of Hill’s and the Asia-Pacific segments to volume growth, while North America, Africa/Eurasia and Europe experienced sequential increases in volume. Meanwhile, pricing improved 4.2% year over year, backed by positive pricing across all divisions, except for North America. Currency negatively impacted sales growth by 4.1% in the quarter. Currency translations were mainly hurt by Argentina and several countries in the Africa/Eurasia division. Excluding Argentina, the company experienced low-single-digit adverse currency effects. We estimated organic sales growth of 7.3% for the second quarter, with a 6.5% rise in pricing and a 0.8% increase in volume. 5 Hot Stocks to Buy Now: October's Top Picks With Major Upside Currency headwinds have eased compared to last fiscal year, aiding Colgate’s international profitability. Factoring this into DCF models, the colgate stock price forecast now reflects an upward revision of fair value to the $82–$86 range.