The Colgate-Palmolive company is a multinational company based in the New York City, US. This company was founded in the year 1806 by William Colgate. It focuses on the health care and personal products and oral hygiene of people. Colgate Palmolive since has launched products worldwide, from toothbrushes to pastes to soaps and etc.
The manufacturing industry in the health care sector has been
bolstered by launching new lethal products every day. P&G and Colgate Palmolive
are considered as the top brands when it comes to health care sector. However,
it is believed that Colgate has beaten P&G in oral health care. “Compared
to P&G, Colgate offers a much larger assortment of oral care products in a
wide price range. This allows consumers
to trade up and down gradually depending on macroeconomic conditions without
impacting Colgate’s sales volume.”
These companies started their journey in this industry as a small
soap and candle business and gradually captivated a major chunk of the market.
Today, Proctor & Gamble and Colgate
stock are
considered as the top of the line organizations with many household brands that
function under their banner.
Although there is a difference in terms of the structure of
these organizations, they still have a lot in common. Colgate Palmolive is
comparatively a smaller venture with a fairly less market cap of approximately
$31 billion but Proctor and Gamble is a big giant of the industry in general
with a market cap as high as $123 billion.
Colgate
stock price has
seen tremendous growth in just a matter of 18 months and the company is firm to
increase their growth even further in the years to come. The revenues of both
these organizations are mind boggling with a great increase in growth expected
in fiscal year 2014 adding more to their glory. Although analysts still give it
a neutral rating but despite that it shows a prosperous and promising future in
the years ahead.
On the contrary Proctor and Gamble has a more stable position
in the industry with a sound past that has paved way for a better future, the
company has been sufficient in overcoming their capital needs and are now
primarily focusing on their top and bottom line. Moreover the growth in revenue is expected to
increase substantially by 4-6% in FY14 making it a fairly good offer.
Hence in a nutshell, Proctor and Gamble and Colgate Palmolive
are big names that have a sound share in the market with a promising future in
the coming years with the growth they have projected in the past.
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