A share price of Clorox Co. [CLX] is currently trading at $161.37, down -2.02%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CLX shares have lost -0.33% over the last week, with a monthly amount drifted -1.71%, 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 October 01, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $187 from $174. Previously, TD Cowen started tracking the stock with Sell rating on July 23, 2024, and set its price target to $122. On June 24, 2024, Exane BNP Paribas initiated with a Underperform rating and assigned a price target of $130 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $165 on April 02, 2024. Jefferies upgraded its rating to a Hold but $145 remained the price target by the analyst firm on March 26, 2024. In a note dated February 05, 2024, DA Davidson downgraded an Neutral rating on this stock but restated the target price of $162.
Clorox Co. experienced fluctuations in its stock price throughout the past year between $114.68 and $169.09. Currently, Wall Street analysts expect the stock to reach $150.17 within the next 12 months. Clorox Co. [NYSE: CLX] shares were valued at $161.37 at the most recent close of the market. An investor can expect a potential drop of -6.94% based on the average CLX price forecast.
Analyzing the CLX fundamentals
Trailing Twelve Months sales for Clorox Co. [NYSE:CLX] were 7.09B which represents -5.75% decline. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 2.57 and Total Capital is 0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of9.43.
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 160.14 points at the first support level, and at 158.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 163.65, and for the 2nd resistance point, it is at 165.92.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Clorox Co. [NYSE:CLX] is 1.03. As well, the Quick Ratio is 0.63, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 2.82, the price to book ratio is 61.11 and price to earnings (TTM) ratio is 72.05.
Transactions by insiders
Recent insider trading involved Hilt Angela C, EVP – Chief Legal Officer, that happened on Sep 06 ’24 when 1733.0 shares were sold. Officer, Hilt Angela C completed a deal on Sep 06 ’24 to buy 1733.0 shares.
