Clorox Stock Price, News & Analysis (NYSE:CLX)

$151.78
-2.43 (-1.58 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$151.3950
Now: $151.78
$154.6080
50-Day Range
$152.49
MA: $158.45
$163.44
52-Week Range
$141.53
Now: $151.78
$167.70
Volume1.36 million shs
Average Volume914,905 shs
Market Capitalization$19.08 billion
P/E Ratio24.02
Dividend Yield2.75%
Beta0.38
The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International. The company offers laundry additives, including bleach products under the Clorox brand, as well as Clorox 2 stain fighter and color booster; home care products primarily under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brands; naturally derived products under the Green Works brand; and professional cleaning, disinfecting, and food service products under the Clorox, Dispatch, HealthLink, Clorox Healthcare, Hidden Valley, KC Masterpiece, and Soy Vay brands. Read More…

Industry, Sector and Symbol

Industry Polishes & sanitation goods
Sub-IndustryHousehold Products
SectorConsumer Staples
CUSIP18905410
Phone510-271-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.21 billion
Cash Flow$7.8277 per share
Book Value$4.45 per share

Profitability

Net Income$820 million

Miscellaneous

Employees8,800
Market Cap$19.08 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

Receive CLX News and Ratings via Email

Sign-up to receive the latest news and ratings for CLX and its competitors with MarketBeat's FREE daily newsletter.


Clorox (NYSE:CLX) Frequently Asked Questions

What is Clorox's stock symbol?

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

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

Clorox announced a quarterly dividend on Tuesday, September 17th. Investors of record on Wednesday, October 30th will be given a dividend of $1.06 per share on Friday, November 15th. This represents a $4.24 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend is Tuesday, October 29th. View Clorox's Dividend History.

How will Clorox's stock buyback program work?

Clorox announced that its board has initiated a stock buyback plan on Thursday, May 24th 2018, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 12.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were Clorox's earnings last quarter?

Clorox Co (NYSE:CLX) released its earnings results on Thursday, August, 1st. The company reported $1.88 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.84 by $0.04. The business earned $1.63 billion during the quarter, compared to the consensus estimate of $1.69 billion. Clorox had a return on equity of 118.88% and a net margin of 13.20%. The firm's revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.66 EPS. View Clorox's Earnings History.

When is Clorox's next earnings date?

Clorox is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Clorox.

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

Clorox issued an update on its FY20 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of 6.30-6.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.54. The company issued revenue guidance of flat to 2% growth to $6.21-6.34 billion, compared to the consensus revenue estimate of $6.41 billion.

What price target have analysts set for CLX?

12 brokerages have issued twelve-month price objectives for Clorox's stock. Their predictions range from $128.00 to $175.00. On average, they expect Clorox's share price to reach $152.5833 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for Clorox.

What is the consensus analysts' recommendation for Clorox?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clorox in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Clorox.

What are Wall Street analysts saying about Clorox stock?

Here are some recent quotes from research analysts about Clorox stock:
  • 1. Wells Fargo & Co analysts commented, "We were encouraged by mgmt’s confidence in the 2H turnaround and believe issues are isolated within Charcoal/Glad as the rest of the portfolio is performing well (see our note here) That said, while valuation has become more reasonable, we think top-line headwinds are likely to weigh on the stock’s overall narrative, and shares will likely remain range-bound in the near-term until fundamental improvement becomes evident over the next few quarters. Given weak relative top-line performance and near-term challenges, we lower our EPS estimates and maintain our Market Perform rating." (8/1/2019)
  • 2. According to Zacks Investment Research, "Clorox lagged the industry in the past six months owing to ongoing impacts from elevated commodity costs, adverse currency rates as well as increased manufacturing and logistics expenses. Driven by these factors, the company reported dismal earnings and sales in third-quarter fiscal 2019. This marked the first earnings miss after nine straight quarters of beat, while sales lagged estimates for the third time in the last four quarters. Further, the company narrowed sales view for 2019, anticipating a milder cold and flu season, as well as increased promotional activity in the Wipes category. It also expects tariffs to weigh on earnings in 2019. However, the company’s cost savings plans and pricing strategy cushioned results. The company's 2020 Strategy, aimed at bolstering growth of categories and overall market share, also bodes well." (7/29/2019)

Has Clorox been receiving favorable news coverage?

Headlines about CLX stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Clorox earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Clorox.

Are investors shorting Clorox?

Clorox saw a drop in short interest in August. As of August 31st, there was short interest totalling 8,239,000 shares, a drop of 16.8% from the July 31st total of 9,905,000 shares. Based on an average trading volume of 939,300 shares, the short-interest ratio is currently 8.8 days. Currently, 6.6% of the shares of the stock are short sold. View Clorox's Current Options Chain.

Who are some of Clorox's key competitors?

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), AT&T (T), Procter & Gamble (PG), Verizon Communications (VZ), Exxon Mobil (XOM), Home Depot (HD), The Coca-Cola (KO), Mcdonald's (MCD), PepsiCo (PEP) and Pfizer (PFE).

Who are Clorox's key executives?

Clorox's management team includes the folowing people:
  • Mr. Benno O. Dorer, Chairman & CEO (Age 55)
  • Mr. Kevin B. Jacobsen, Exec. VP & CFO (Age 52)
  • Ms. Linda Rendle, Exec. VP of Strategy & Operations (Age 41)
  • Ms. Laura Stein, Exec. VP of Corp. Affairs & Gen. Counsel (Age 57)
  • Mr. Stephen M. Robb, Advisor (Age 54)

Who are Clorox's major shareholders?

Clorox's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.20%), BlackRock Inc. (8.29%), BlackRock Inc. (8.19%), Parnassus Investments CA (3.64%), Cedar Rock Capital Ltd. (2.19%) and Northern Trust Corp (1.86%). Company insiders that own Clorox stock include A D David Mackay, Andrew J Mowery, Benno O Dorer, Dawn C Willoughby, Denise Garner, Diego J Barral, Jeff Baker, Jon M Balousek, Laura Stein, Linda J Rendle, Matthew T Laszlo and Michael R Costello. View Institutional Ownership Trends for Clorox.

Which institutional investors are selling Clorox stock?

CLX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, APG Asset Management N.V., Congress Asset Management Co. MA, Bessemer Group Inc., BlackRock Inc., BlackRock Inc., Acadian Asset Management LLC and JPMorgan Chase & Co.. Company insiders that have sold Clorox company stock in the last year include A D David Mackay, Andrew J Mowery, Benno O Dorer, Dawn C Willoughby, Denise Garner, Diego J Barral, Jeff Baker, Matthew T Laszlo and Michael R Costello. View Insider Buying and Selling for Clorox.

Which institutional investors are buying Clorox stock?

CLX stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Pictet Asset Management Ltd., Pictet Asset Management Ltd., Canada Pension Plan Investment Board, Morgan Stanley, California Public Employees Retirement System, Parnassus Investments CA and Vanguard Group Inc.. View Insider Buying and Selling 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Clorox's stock price today?

One share of CLX stock can currently be purchased for approximately $151.78.

How big of a company is Clorox?

Clorox has a market capitalization of $19.08 billion and generates $6.21 billion in revenue each year. The company earns $820 million in net income (profit) each year or $6.32 on an earnings per share basis. Clorox employs 8,800 workers across the globe.View Additional Information About Clorox.

What is Clorox's official website?

The official website for Clorox is http://www.thecloroxcompany.com/.

How can I contact Clorox?

Clorox's mailing address is 1221 BROADWAY, OAKLAND CA, 94612. The company can be reached via phone at 510-271-7000 or via email at [email protected]


MarketBeat Community Rating for Clorox (NYSE CLX)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  271 (Vote Outperform)
Underperform Votes:  687 (Vote Underperform)
Total Votes:  958
MarketBeat's community ratings are surveys of what our community members think about Clorox and other stocks. Vote "Outperform" if you believe CLX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel