Shares of The Clorox Company (NYSE:CLX – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the seventeen brokerages that are currently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $103.40.
Several research firms recently issued reports on CLX. Morgan Stanley dropped their target price on shares of Clorox from $110.00 to $97.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. TD Cowen lifted their price objective on Clorox from $98.00 to $111.00 and gave the stock a “hold” rating in a research report on Tuesday, March 31st. Wells Fargo & Company dropped their price objective on Clorox from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Monday, May 18th. Citigroup decreased their target price on Clorox from $110.00 to $97.00 and set a “neutral” rating for the company in a research note on Friday, May 1st. Finally, Jefferies Financial Group lowered their target price on Clorox from $139.00 to $125.00 and set a “buy” rating for the company in a report on Monday, May 4th.
Check Out Our Latest Stock Report on Clorox
Insider Activity at Clorox
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of CLX. Norges Bank acquired a new stake in Clorox in the fourth quarter worth $135,735,000. Van ECK Associates Corp raised its holdings in shares of Clorox by 93.9% during the third quarter. Van ECK Associates Corp now owns 2,709,972 shares of the company’s stock valued at $334,139,000 after purchasing an additional 1,312,471 shares during the period. Invesco Ltd. boosted its position in shares of Clorox by 22.1% during the 4th quarter. Invesco Ltd. now owns 4,880,341 shares of the company’s stock worth $492,085,000 after purchasing an additional 884,751 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Clorox by 6,907.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 749,703 shares of the company’s stock valued at $75,593,000 after buying an additional 739,005 shares during the period. Finally, Worldquant Millennium Advisors LLC acquired a new stake in shares of Clorox in the 2nd quarter valued at about $71,856,000. 78.53% of the stock is owned by institutional investors.
Clorox Trading Up 3.8%
NYSE:CLX traded up $3.50 on Monday, reaching $96.57. 2,188,531 shares of the stock traded hands, compared to its average volume of 2,152,430. The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 27.03. Clorox has a 1-year low of $84.70 and a 1-year high of $132.03. The company’s 50 day moving average is $94.10 and its 200-day moving average is $104.07. The firm has a market capitalization of $11.68 billion, a price-to-earnings ratio of 15.68, a price-to-earnings-growth ratio of 0.44 and a beta of 0.54.
Clorox (NYSE:CLX – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.09. Clorox had a net margin of 11.18% and a return on equity of 443.64%. The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the company earned $1.45 EPS. The company’s revenue for the quarter was up .1% on a year-over-year basis. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. Equities research analysts anticipate that Clorox will post 5.53 EPS for the current fiscal year.
About Clorox
The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company’s flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.
Clorox’s diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.
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