Clorox Co [CLX] stock is trading at $158.55, up 1.30%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CLX shares have lost -0.27% over the last week, with a monthly amount drifted -3.73%, 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 [CLX] stock has fluctuated between $114.68 and $169.09 over the past year. Currently, Wall Street analysts expect the stock to reach $148.77 within the next 12 months. Clorox Co [NYSE: CLX] shares were valued at $158.55 at the most recent close of the market. An investor can expect a potential drop of -6.17% based on the average CLX price forecast.
Analyzing the CLX fundamentals
Clorox Co [NYSE:CLX] reported sales of 7.09B for the trailing twelve months, which represents a drop of -5.75%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 2.68 and Total Capital is 0.4. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of48.07.
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 156.63 points at the first support level, and at 154.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 162.14, and for the 2nd resistance point, it is at 165.74.
Ratios To Look Out For
For context, Clorox Co’s Current Ratio is 1.03. Further, the Quick Ratio stands at 0.63, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 2.76, the price to book ratio is 60.04 and price to earnings (TTM) ratio is 70.79.
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.
