At the time of writing, Clorox Co [CLX] stock is trading at $169.74, up 1.32%. 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 gain 1.55% over the last week, with a monthly amount glided 4.51%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Clorox Co [NYSE: CLX] stock has seen the most recent analyst activity on November 06, 2024, when TD Cowen upgraded its rating to a Hold and also boosted its price target to $170 from $155. Previously, Jefferies upgraded its rating to Buy on October 01, 2024, and elevated its price target to $187. On July 23, 2024, TD Cowen initiated with a Sell rating and assigned a price target of $122 on the stock. Exane BNP Paribas started tracking the stock assigning a Underperform rating and suggested a price target of $130 on June 24, 2024. Citigroup downgraded its rating to a Neutral and reduced its price target to $165 on April 02, 2024. Jefferies upgraded its rating to Hold for this stock on March 26, 2024, but kept the price target unchanged to $145.
For the past year, the stock price of Clorox Co fluctuated between $127.60 and $171.35. Currently, Wall Street analysts expect the stock to reach $147 within the next 12 months. Clorox Co [NYSE: CLX] shares were valued at $169.74 at the most recent close of the market. An investor can expect a potential drop of -13.4% based on the average CLX price forecast.
Analyzing the CLX fundamentals
According to Clorox Co [NYSE:CLX], the company’s sales were 7.47B for trailing twelve months, which represents an 27.13% jump. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.18%, 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 0.35. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of41.43.
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 168.16 points at the first support level, and at 166.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 170.75, and for the 2nd resistance point, it is at 171.76.
Ratios To Look Out For
It is important to note that Clorox Co [NYSE:CLX] has a current ratio of 1.00. Further, the Quick Ratio stands at 0.62, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 2.81, the price to book ratio is 349.87 and price to earnings (TTM) ratio is 59.41.
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.
