As many have become aware, CPI days have consistently been a pivotal point for the market. Things will be the same this time around, especially as many seek clarification following a historical tightening campaign.
And tomorrow, we’ll get the latest dose of CPI data.
For those looking to shield themselves from the inevitable volatility, three low-beta stocks – Church & Dwight Co. (CHD - Free Report) , Kimberly-Clark (KMB - Free Report) , and Colgate-Palmolive (CL - Free Report) – could be of interest. Let’s take a closer look at each.
Church & Dwight Co.
Church & Dwight Co. develops, manufactures, and markets various household, personal care, and specialty products. The company sports a favorable Zacks Rank #2 (Buy).
CHD posted a big beat in its latest quarterly report, exceeding the Zacks Consensus EPS estimate by nearly 12% and delivering a positive 5.7% revenue surprise. In fact, Church & Dwight Co. has exceeded earnings expectations by an average of nearly 10% across its last four quarters.
The company’s revenue growth has been steady, as we can see in the chart below.
In addition, CHD’s growth is forecasted to remain stable, with estimates calling for 4.4% earnings growth in its current fiscal year (FY23) and a further 9% in FY24. Revenue growth is also apparent, forecasted to climb 7% in FY23 and 4% in FY24.
Kimberly-Clark
Kimberly-Clark is principally engaged in manufacturing and marketing a wide range of consumer products worldwide. The stock boasts the highly-coveted Zacks Rank #1 (Strong Buy).
A massive perk of KMB shares is the dividend; shares currently yield a rock-solid 3.5%, with the company’s payout growing by roughly 4% across the last five years. As we can see below, the current yield is nicely above the Zacks Consumer Staples sector average.
Value-conscious investors may not find Kimberly-Clark shares as attractive, further reflected by the Style Score of “D” for Value. KMB shares presently trade at a 21.8X forward earnings multiple, above the 19.8X five-year median modestly and the Zacks sector average.
Colgate-Palmolive
Colgate-Palmolive distributes and produces various consumer products, including household, health care, and personal care products. The stock is currently a Zacks Rank #2 (Buy). Similar to CHD, Colgate-Palmolive carries a solid growth profile, with earnings forecasted to climb 5.7% in its current fiscal year (FY23) on 6.3% higher revenues.
And looking ahead, estimates allude to a further 10% earnings growth on 4.3% higher revenues for FY24.
Impressively, CL holds the rank of a Dividend King, reflecting an unparalleled commitment to shareholders through 50+ years of increased payouts. Shares currently yield 2.5% annually with a payout ratio sitting at 64% of earnings.
Bottom Line
With CPI looming, investors may want to visit low-beta stocks as a shield against volatility. As we all know by now, CPI days have become quite a market-moving event.
All three low-beta stocks above – Church & Dwight Co. (CHD - Free Report) , Kimberly-Clark (KMB - Free Report) , and Colgate-Palmolive (CL - Free Report) – could be considerations for those looking for a shield against volatility.
All three sport favorable Zacks Ranks, indicating near-term optimism.
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
As many have become aware, CPI days have consistently been a pivotal point for the market. Things will be the same this time around, especially as many seek clarification following a historical tightening campaign.
And tomorrow, we’ll get the latest dose of CPI data.
For those looking to shield themselves from the inevitable volatility, three low-beta stocks – Church & Dwight Co. (CHD - Free Report) , Kimberly-Clark (KMB - Free Report) , and Colgate-Palmolive (CL - Free Report) – could be of interest. Let’s take a closer look at each.
Church & Dwight Co.
Church & Dwight Co. develops, manufactures, and markets various household, personal care, and specialty products. The company sports a favorable Zacks Rank #2 (Buy).
CHD posted a big beat in its latest quarterly report, exceeding the Zacks Consensus EPS estimate by nearly 12% and delivering a positive 5.7% revenue surprise. In fact, Church & Dwight Co. has exceeded earnings expectations by an average of nearly 10% across its last four quarters.
The company’s revenue growth has been steady, as we can see in the chart below.
In addition, CHD’s growth is forecasted to remain stable, with estimates calling for 4.4% earnings growth in its current fiscal year (FY23) and a further 9% in FY24. Revenue growth is also apparent, forecasted to climb 7% in FY23 and 4% in FY24.
Kimberly-Clark
Kimberly-Clark is principally engaged in manufacturing and marketing a wide range of consumer products worldwide. The stock boasts the highly-coveted Zacks Rank #1 (Strong Buy).
A massive perk of KMB shares is the dividend; shares currently yield a rock-solid 3.5%, with the company’s payout growing by roughly 4% across the last five years. As we can see below, the current yield is nicely above the Zacks Consumer Staples sector average.
Value-conscious investors may not find Kimberly-Clark shares as attractive, further reflected by the Style Score of “D” for Value. KMB shares presently trade at a 21.8X forward earnings multiple, above the 19.8X five-year median modestly and the Zacks sector average.
Colgate-Palmolive
Colgate-Palmolive distributes and produces various consumer products, including household, health care, and personal care products. The stock is currently a Zacks Rank #2 (Buy). Similar to CHD, Colgate-Palmolive carries a solid growth profile, with earnings forecasted to climb 5.7% in its current fiscal year (FY23) on 6.3% higher revenues.
And looking ahead, estimates allude to a further 10% earnings growth on 4.3% higher revenues for FY24.
Impressively, CL holds the rank of a Dividend King, reflecting an unparalleled commitment to shareholders through 50+ years of increased payouts. Shares currently yield 2.5% annually with a payout ratio sitting at 64% of earnings.
Bottom Line
With CPI looming, investors may want to visit low-beta stocks as a shield against volatility. As we all know by now, CPI days have become quite a market-moving event.
All three low-beta stocks above – Church & Dwight Co. (CHD - Free Report) , Kimberly-Clark (KMB - Free Report) , and Colgate-Palmolive (CL - Free Report) – could be considerations for those looking for a shield against volatility.
All three sport favorable Zacks Ranks, indicating near-term optimism.
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
Get the latest research report on KMB - FREE
Get the latest research report on CL - FREE
Get the latest research report on CHD - FREE