The Clorox Company [CLX] stock is up 0.14 while the S&P 500 has risen 0.18% on Tuesday, 11/17/20. While at the time of this article, CLX ATR is sitting at 6.17, with the beta value at 0.23. This stock’s volatility for the past week remained at 2.25%, while it was 2.77% for the past 30-day period. CLX has risen $0.29 from the previous closing price of $209.10 on volume of 0.78 million shares.

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Analyst Birdseye View:

The most recent analyst activity for The Clorox Company [NYSE:CLX] stock was on June 30, 2020, when it was Initiated with a Buy rating from DA Davidson, which also raised its 12-month price target on the stock to $256. Before that, on October 16, 2020, JP Morgan Recapitulated a Neutral rating and elevated its amount target to $235. On March 19, 2020, Credit Suisse Downgrade a Neutral rating and boosted its price target on this stock from $169 to $172. On March 16, 2020, JP Morgan Upgrade an Overweight rating and increased its price target from $153 to $185. On March 09, 2020, Argus Upgrade a Buy rating and increased its price target to $195. On October 03, 2019, BofA/Merrill Reiterated a Neutral rating and boosted its amount target on this stock to $160. On September 23, 2019, Barclays Downgrade an Underweight rating and decreased its target amount on this stock from $142 to $141. Argus elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $144.31 and a peak of $239.87. Right now, according to Wall Street analyst the average 12-month amount target is $221.69. At the most recent market close, shares of The Clorox Company [NYSE:CLX] were valued at $209.39. According to the average price forecast, investors can expect a potential return of 2.34%.

FUNDAMENTAL ANALYSIS

The Clorox Company [NYSE:CLX] most recently reported quarterly sales of 1.92 billion, which represented growth of 27.20%. This company’s Gross Margin is currently 46.60% and its Operating Margin is 20.40%.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 206.68 points at 1st support level, the second support level is making up to 204.26. But as of 1st resistance point, this stock is sitting at 210.50 and at 211.91 for 2nd resistance point.

The Clorox Company [CLX] reported its earnings at $3.22 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $2.32/share signifying the difference of 0.9 and 38.80% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $2.41 calling estimates for $1.99/share with the difference of 0.42 depicting the surprise of 21.10%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for The Clorox Company [NYSE:CLX] is 1.40. Now if looking for a valuation of this stock’s showing 23.29 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Barral Diego J, SVP – GM, International, and it was the sale of 1443.0 shares on Nov 13. STEIN LAURA, the EVP – General Counsel, completed a sale of 19430.0 shares on Nov 05. On Nov 04, Mowery Andrew J, SVP-Chief Product Supply, completed a sale of 27175.0 shares.