A share price of Clorox Co. [CLX] is currently trading at $142.48, up 1.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CLX shares have lost -1.07% over the last week, with a monthly amount drifted -5.11%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Clorox Co. [NYSE: CLX] stock has seen the most recent analyst activity on April 02, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $165 from $170. Previously, Jefferies upgraded its rating to Hold on March 26, 2024, and kept the price target unchanged to $145. DA Davidson downgraded its rating to a Neutral but stick to its price target of $162 on February 05, 2024. BofA Securities upgraded its rating to a Neutral and raised its price target to $150 on December 15, 2023. JP Morgan upgraded its rating to Neutral for this stock on November 22, 2023, and upped its price target to $145. In a note dated November 13, 2023, Jefferies initiated an Underperform rating and provided a target price of $117 on this stock.
Clorox Co. experienced fluctuations in its stock price throughout the past year between $114.68 and $178.21. Currently, Wall Street analysts expect the stock to reach $144.92 within the next 12 months. Clorox Co. [NYSE: CLX] shares were valued at $142.48 at the most recent close of the market. An investor can expect a potential return of 1.71% based on the average CLX price forecast.
Analyzing the CLX fundamentals
Trailing Twelve Months sales for Clorox Co. [NYSE:CLX] were 7.31B which represents 16.03% growth. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 1.37 and Total Capital is 0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of59.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 141.17 points at the first support level, and at 139.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 143.33, and for the 2nd resistance point, it is at 144.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Clorox Co. [NYSE:CLX] is 0.89. Also, the Quick Ratio is 0.57, while the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 2.42, the price to book ratio is 333.57 and price to earnings (TTM) ratio is 223.92.
Transactions by insiders
Recent insider trading involved Jacobsen Kevin B, EVP – Chief Financial Officer, that happened on Aug 14 ’23 when 3346.0 shares were sold.
