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from24/7 Wall St.
4 days agoHigh Oil Prices Will Hurt Colgate-Palmolive Stock According to Wall Street
Colgate-Palmolive downgraded from Buy to Hold due to rising oil costs impacting earnings estimates for 2026 and 2027.
Shares of the software company have tumbled roughly 29% from their November peak, reached right before Palantir last reported results, and are down more than 15% to start 2026, putting them among the 15 worst performers in the S&P 500 this year. While the selloff has cut into Palantir's valuation, shares still trade for about 142 times expected earnings, the third-highest multiple in the S&P 500. Despite its hefty price tag, Wall Street expects Palantir to report another quarter of solid growth.
Cracker Barrel Old Country Store ( Nasdaq: CBRL) will report its Q4 FY2025 earnings after the close. The stock has was hit hard after a management rebranding fiasco that sent the share price down over 15%. Management continues to highlight the company's three imperatives-driving relevancy, delivering experiences guests love, and growing profitability-but the main thing to watch is how much cash has been spent and what outcomes they drove.