Clorox (NYSE:CLX) Hits New 1-Year Low Following Analyst Downgrade

Key Points

• Shares of Clorox hit a new 52-week low after Citigroup cut its price target from $110 to $97, joining several other firms that trimmed targets; the stock now carries an average analyst target of $104.93 with broker sentiment skewed to "Reduce" (1 Buy, 12 Hold, 4 Sell).
• Fundamentals show a modest beat on the latest quarter (EPS $1.64 vs. $1.55 est.) and FY2026 guidance of $5.45–$5.65 (consensus ~5.56), while the company offers a 5.7% dividend yield ($1.24 quarterly) but with a high payout ratio near 81%, which could constrain future increases.

The Clorox Company (NYSE:CLX - Get Free Report) shares hit a new 52-week low during trading on Monday after Citigroup lowered their price target on the stock from $110.00 to $97.00. Citigroup currently has a neutral rating on the stock. Clorox traded as low as $85.62 and last traded at $86.6360, with a volume of 911606 shares traded. The stock had previously closed at $87.11.

Several other research analysts have also recently commented on CLX. UBS Group lowered their target price on shares of Clorox from $110.00 to $96.00 and set a "neutral" rating on the stock in a report on Friday. Royal Bank Of Canada lowered their target price on shares of Clorox from $132.00 to $127.00 and set a "sector perform" rating on the stock in a report on Thursday, April 9th. Jefferies Financial Group lowered their target price on shares of Clorox from $151.00 to $139.00 and set a "buy" rating on the stock in a report on Tuesday, April 21st. Morgan Stanley lowered their target price on shares of Clorox from $110.00 to $97.00 and set an "equal weight" rating on the stock in a report on Friday. Finally, Rothschild & Co Redburn set a $117.00 price target on shares of Clorox in a research report on Friday, February 13th. One analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Reduce" and an average target price of $104.93.

Institutional Trading of Clorox

Hedge funds have recently added to or reduced their stakes in the stock. Center for Financial Planning Inc. acquired a new stake in Clorox in the third quarter valued at approximately $25,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Clorox during the third quarter worth $25,000. True Wealth Design LLC lifted its holdings in shares of Clorox by 1,020.0% during the third quarter. True Wealth Design LLC now owns 224 shares of the company's stock worth $28,000 after purchasing an additional 204 shares during the period. Root Financial Partners LLC acquired a new position in shares of Clorox during the third quarter worth $29,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of Clorox during the second quarter worth $29,000. Institutional investors and hedge funds own 78.53% of the company's stock.

Clorox Trading Down 0.5%

The company has a market cap of $10.47 billion, a price-to-earnings ratio of 14.06, a price-to-earnings-growth ratio of 0.46 and a beta of 0.59. The business's fifty day moving average price is $108.21 and its 200 day moving average price is $108.66. The company has a debt-to-equity ratio of 27.03, a current ratio of 0.84 and a quick ratio of 0.65.

Clorox (NYSE:CLX - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.55 by $0.09. The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. Clorox had a net margin of 11.18% and a return on equity of 443.64%. Clorox's revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.45 earnings per share. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. Research analysts anticipate that The Clorox Company will post 5.56 earnings per share for the current fiscal year.

Clorox Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Wednesday, April 22nd will be paid a dividend of $1.24 per share. This represents a $4.96 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Wednesday, April 22nd. Clorox's dividend payout ratio (DPR) is currently 81.05%.

Clorox Company Profile

The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company's flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.

Clorox's diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.

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