S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:CLX

Clorox - CLX Stock Forecast, Price & News

$138.99
+1.23 (+0.89%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$137.56
$139.85
50-Day Range
$122.57
$149.72
52-Week Range
$120.50
$186.86
Volume
1.35 million shs
Average Volume
1.31 million shs
Market Capitalization
$17.11 billion
P/E Ratio
37.36
Dividend Yield
3.40%
Price Target
$130.92

Clorox MarketRank™ Forecast

Analyst Rating
Reduce
1.38 Rating Score
Upside/​Downside
5.8% Downside
$130.92 Price Target
Short Interest
Healthy
6.07% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.92
Upright™ Environmental Score
News Sentiment
0.08mentions of Clorox in the last 14 days
Based on 31 Articles This Week
Insider Trading
Selling Shares
$231,206 Sold Last Quarter
Proj. Earnings Growth
39.81%
From $4.12 to $5.76 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Consumer Staples Sector

68th out of 178 stocks

Polishes & Sanitation Goods Industry

1st out of 3 stocks

CLX stock logo

About Clorox (NYSE:CLX) Stock

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brand names; professional cleaning and disinfecting products under the CloroxPro, Clorox Healthcare, and Clorox Total 360 brand names; professional food service products under the Hidden Valley brand name; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brand names in the United States. The Household segment provides cat litter products under the Fresh Step, Scoop Away, and Ever Clean brand names; bags and wraps under the Glad brand name; and grilling products under the Kingsford and Kingsford Match Light brand names in the United States. The Lifestyle segment offers dressings, dips, seasonings, and sauces primarily under the Hidden Valley brand name; natural personal care products under the Burt's Bees brand name; and water-filtration systems and filters under the Brita brand name in the United States. The International segment provides laundry additives; home care products; water-filtration systems and filters; digestive health products; grilling products; cat litter products; food products; bags and wraps; natural personal care products; and professional cleaning and disinfecting products internationally primarily under the Clorox, Ayudin, Clorinda, Poett, Pine-Sol, Glad, Brita, RenewLife, Ever Clean and Burt's Bees brand names. The Clorox Company sells its products primarily through mass retailers, grocery outlets, warehouse clubs, dollar stores, home hardware centers, third-party and owned e-commerce channels, military stores, and distributors, as well as a direct sales force. The company was founded in 1913 and is headquartered in Oakland, California.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CLX. Credit Suisse Group cut their target price on shares of Clorox from $140.00 to $130.00 and set an "underperform" rating for the company in a research report on Thursday. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Clorox from $145.00 to $132.00 and set a "hold" rating on the stock in a report on Tuesday, June 21st. Wells Fargo & Company dropped their price objective on shares of Clorox from $130.00 to $120.00 and set an "underweight" rating on the stock in a report on Tuesday, June 21st. JPMorgan Chase & Co. boosted their price objective on shares of Clorox from $127.00 to $132.00 in a report on Thursday, July 21st. Finally, Morgan Stanley lowered their target price on shares of Clorox from $137.00 to $130.00 and set an "underweight" rating on the stock in a research note on Thursday. Nine research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Clorox currently has an average rating of "Reduce" and an average target price of $130.92.

Clorox Price Performance

Shares of CLX Stock traded up $1.23 during trading hours on Friday, reaching $138.99. 1,354,566 shares of the company were exchanged, compared to its average volume of 1,314,300. Clorox has a fifty-two week low of $120.50 and a fifty-two week high of $186.86. The stock's fifty day moving average is $139.79 and its two-hundred day moving average is $144.53. The company has a market cap of $17.11 billion, a price-to-earnings ratio of 37.36, a P/E/G ratio of 4.92 and a beta of 0.19. The company has a debt-to-equity ratio of 3.39, a current ratio of 0.97 and a quick ratio of 0.40.

Clorox Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Wednesday, July 27th will be given a dividend of $1.18 per share. This represents a $4.72 dividend on an annualized basis and a dividend yield of 3.40%. This is a positive change from Clorox's previous quarterly dividend of $1.16. The ex-dividend date of this dividend is Tuesday, July 26th. Clorox's dividend payout ratio is presently 126.88%.

Insider Transactions at Clorox

In related news, Director A D. David Mackay sold 1,000 shares of the stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $140.63, for a total value of $140,630.00. Following the transaction, the director now directly owns 600 shares in the company, valued at $84,378. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director A D. David Mackay sold 1,000 shares of the stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $140.63, for a total value of $140,630.00. Following the transaction, the director now directly owns 600 shares in the company, valued at $84,378. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Eric H. Reynolds sold 585 shares of the stock in a transaction that occurred on Monday, May 9th. The shares were sold at an average price of $154.83, for a total transaction of $90,575.55. Following the completion of the transaction, the chief operating officer now owns 17,289 shares in the company, valued at $2,676,855.87. The disclosure for this sale can be found here. 0.58% of the stock is owned by company insiders.

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CLX Stock News Headlines

The Colgate-Palmolive Growth Outlook Brightens  (CLX)
Colgate-Palmolive is a fairly-valued stock in relation to its peers and one that pays a nice 2.4% yield while coming with an outlook for improving margin.
Clorox (NYSE:CLX) PT Lowered to $130.00 at Morgan Stanley
Clorox (NYSE:CLX) PT Lowered to $130.00
Clorox Q4 Profit Rises
Clorox stock slides on downbeat full-year forecast
Recap: Clorox Q4 Earnings - Benzinga
Clorox (CLX) Scheduled to Post Earnings on Wednesday
UBS Group Trims Clorox (NYSE:CLX) Target Price to $129.00
See More Headlines
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CLX Company Calendar

Last Earnings
10/31/2021
Ex-Dividend for 5/13 Dividend
4/26/2022
Dividend Payable
5/13/2022
Ex-Dividend for 8/12 Dividend
7/26/2022
Today
8/07/2022
Dividend Payable
8/12/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Polishes & sanitation goods
Sub-Industry
Household Products
CUSIP
18905410
Employees
9,000
Year Founded
1913

Price Target and Rating

Average Stock Price Forecast
$130.92
High Stock Price Forecast
$160.00
Low Stock Price Forecast
$115.00
Forecasted Upside/Downside
-5.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.38
Research Coverage
13 Analysts

Profitability

Net Income
$710 million
Pretax Margin
8.54%

Debt

Sales & Book Value

Annual Sales
$7.11 billion
Cash Flow
$11.92 per share
Book Value
$5.92 per share

Miscellaneous

Free Float
122,366,000
Market Cap
$17.11 billion
Optionable
Optionable
Beta
0.19

Social Links


Key Executives

  • Ms. Linda Rendle (Age 44)
    CEO & Director
    Comp: $2.9M
  • Mr. Kevin B. Jacobsen (Age 56)
    Exec. VP & CFO
    Comp: $1.55M
  • Mr. Eric H. Reynolds (Age 52)
    Exec. VP & COO
    Comp: $1.71M
  • Ms. Kirsten M. Marriner (Age 49)
    Exec. VP and Chief People & Corp. Affairs Officer
    Comp: $1.33M
  • Ms. Laura E. Peck (Age 45)
    VP, Chief Accounting Officer & Corp. Controller
  • Ms. Chau Banks (Age 53)
    Sr. VP and Chief Information & Enterprise Analytics Officer
  • Lisah Burhan
    VP of Investor Relations
  • Ms. Angela C. Hilt (Age 50)
    Sr. VP & Chief Legal Officer
  • Mr. Eric Sean Schwartz
    Sr. VP & Chief Marketing Officer
  • Mr. Erbie L. Foster Jr.
    Chief Diversity Officer













CLX Stock - Frequently Asked Questions

Should I buy or sell Clorox stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clorox in the last twelve months. There are currently 9 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" Clorox stock.
View analyst ratings for Clorox
or view top-rated stocks.

What is Clorox's stock price forecast for 2022?

13 equities research analysts have issued 12 month price targets for Clorox's shares. Their CLX stock forecasts range from $115.00 to $160.00. On average, they anticipate Clorox's stock price to reach $130.92 in the next year. This suggests that the stock has a possible downside of 5.8%.
View analysts' price targets for Clorox
or view top-rated stocks among Wall Street analysts.

How has Clorox's stock performed in 2022?

Clorox's stock was trading at $174.36 at the beginning of the year. Since then, CLX shares have decreased by 20.3% and is now trading at $138.99.
View the best growth stocks for 2022 here
.

When is Clorox's next earnings date?

Clorox is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our earnings forecast for Clorox
.

How were Clorox's earnings last quarter?

The Clorox Company (NYSE:CLX) announced its quarterly earnings data on Sunday, October, 31st. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.03 by $0.18. The company had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.70 billion. Clorox had a net margin of 6.50% and a trailing twelve-month return on equity of 87.12%. The business's quarterly revenue was down 5.7% on a year-over-year basis. During the same period in the prior year, the company earned $3.22 EPS.
Read Clorox's conference call transcript
.

How often does Clorox pay dividends? What is the dividend yield for Clorox?

Clorox announced a quarterly dividend on Tuesday, July 12th. Stockholders of record on Wednesday, July 27th will be given a dividend of $1.18 per share on Friday, August 12th. This represents a $4.72 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date is Tuesday, July 26th. This is an increase from Clorox's previous quarterly dividend of $1.16.
View Clorox's dividend history
.

Is Clorox a good dividend stock?

Clorox(NYSE:CLX) pays an annual dividend of $4.72 per share and currently has a dividend yield of 3.40%. Clorox has been increasing its dividend for 54 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Clorox is 126.88%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Clorox will have a dividend payout ratio of 81.94% in the coming year. This indicates that Clorox may not be able to sustain their current dividend.
View Clorox's dividend history.

What guidance has Clorox issued on next quarter's earnings?

Clorox issued an update on its FY23 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share (EPS) guidance of $3.85-4.22 for the period, compared to the consensus EPS estimate of $5.32. The company issued revenue guidance of ~$6.82-7.25 billion, compared to the consensus revenue estimate of $7.34 billion.

What is Linda Rendle's approval rating as Clorox's CEO?

17 employees have rated Clorox CEO Linda Rendle on Glassdoor.com. Linda Rendle has an approval rating of 94% among Clorox's employees. This puts Linda Rendle in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Clorox own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clorox investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), NVIDIA (NVDA), Verizon Communications (VZ), AT&T (T), Walt Disney (DIS), Home Depot (HD), Procter & Gamble (PG), Intel (INTC) and JPMorgan Chase & Co. (JPM).

What is Clorox's stock symbol?

Clorox trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLX."

Who are Clorox's major shareholders?

Clorox's stock is owned by many different institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (1.07%), ProShare Advisors LLC (0.91%), Sumitomo Mitsui Trust Holdings Inc. (0.58%), Allspring Global Investments Holdings LLC (0.37%), AustralianSuper Pty Ltd (0.34%) and Victory Capital Management Inc. (0.30%). Company insiders that own Clorox stock include A D David Mackay, Andrew J Mowery, Benno O Dorer, Denise Garner, Diego J Barral, Eric H Reynolds, Jeff Baker, Kevin B Jacobsen, Laura Stein, Michael R Costello and William S Bailey.
View institutional ownership trends for Clorox
.

How do I buy shares of Clorox?

Shares of CLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Clorox's stock price today?

One share of CLX stock can currently be purchased for approximately $138.99.

How much money does Clorox make?

Clorox (NYSE:CLX) has a market capitalization of $17.11 billion and generates $7.11 billion in revenue each year. The company earns $710 million in net income (profit) each year or $3.72 on an earnings per share basis.

How many employees does Clorox have?

Clorox employs 9,000 workers across the globe.

Does Clorox have any subsidiaries?

The following companies are subsidiares of Clorox: 1221 Olux, 6570 Donlon Group, A & M Products Manufacturing Company, Andover Properties, Aplicare, BGP (Switzerland) S. a. r. l., Bees International Corporation, Brita Canada Corporation, Brita Canada Holdings Corporation, Brita GP, Brita LP, Brita Manufacturing Company, Burt's Bees Australia Pty Ltd., Burt’s Bees, Burt’s Bees International Holdings, Burt’s Bees Licensing, CBee (Europe) Limited, CLX Realty Co., Caltech Industries, Chesapeake Assurance Limited, Clorox (Cayman Islands) Ltd., Clorox (Europe) Financing S.a.r.l., Clorox (Malaysia) Sdn. Bhd., Clorox (Switzerland) S.a.r.l., Clorox Africa (Proprietary) Ltd., Clorox Africa Holdings (Proprietary) Ltd., Clorox Argentina S.A., Clorox Australasia Holdings, Clorox Australia Pty. Ltd., Clorox Brazil Holdings LLC, Clorox Chile S.A., Clorox China (Guangzhou) Ltd., Clorox Commercial Company, Clorox Diamond Production Company, Clorox Dominicana S.R.L., Clorox Healthcare Holdings, Clorox Holdings Pty. Limited, Clorox Hong Kong Limited, Clorox Hungary Liquidity Management Kft, Clorox International Holdings, Clorox International Philippines, Clorox Luxembourg S.a.r.l., Clorox Manufacturing Company, Clorox Manufacturing Company of Puerto Rico, Clorox Mexicana S. de R.L. de C.V., Clorox New Zealand Limited, Clorox Peru S.A., Clorox Professional Products Company, Clorox Services Company, Clorox Servicios Corporativos S. de R.L. de C.V., Clorox Spain, Clorox Spain Holdings, Clorox Sub-Sahara Africa Limited, Clorox Uruguay S.A., Clorox de Centro America, Clorox de Colombia S.A., Clorox de Mexico, Clorox de Panama S.A., Clorox del Ecuador S.A. Ecuaclorox, Corporacion Clorox de Venezuela, Evolution Sociedad S.A., Fabricante de Productos Plasticos, First Brands (Bermuda) Limited, First Brands Corporation, First Brands Mexicana, First Brands do Brasil Ltda., Fully Will Limited, Gazoontite, Glad Manufacturing Company, HV Manufacturing Company, Invermark S.A., Jingles LLC, Kaflex S.A., Kingsford Manufacturing Company, Lerwood Holdings Limited, Mohamed Ali Abudawood for Industry and Partners for Industry Company Ltd., National Cleaning Products Company Limited, Nutranext, Paulsboro Packaging Inc., Petroplus Productos Automotivos S.A., Petroplus Sul Comercio Exterior S.A., ReNew Life Canada Inc., ReNew Life Formulas, ReNew Life Holdings Corporation, Round Ridge Production Company, STP do Brasil Ltda., Soy Vay Enterprises, The Brita Products Company, The Burt’s Bees Products Company, The Clorox Company of Canada Ltd., The Clorox International Company, The Clorox Outdoor Products Company, The Clorox Pet Products Company, The Clorox Sales Company, The Consumer Learning Center, The Glad Products Company, The HV Food Products Company, The Household Cleaning Products Company of Egypt Ltd., The Kingsford Products Company, The Mexco Company, and Yuhan-Clorox Co..
Read More

When was Clorox founded?

Clorox was founded in 1913.

How can I contact Clorox?

Clorox's mailing address is 1221 BROADWAY, OAKLAND CA, 94612. The official website for Clorox is www.thecloroxcompany.com. The company can be reached via phone at (510) 271-7000, via email at investorrelations@clorox.com, or via fax at 510-832-1463.

This page (NYSE:CLX) was last updated on 8/7/2022 by MarketBeat.com Staff

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