Clorox Co [NYSE: CLX] loss -1.52% on the last trading session, reaching $145.95 price per share at the time.
If compared to the average trading volume of 1.20M shares, CLX reached a trading volume of 2725255 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Clorox Co [CLX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CLX shares is $163.61 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CLX stock is a recommendation set at 3.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Clorox Co shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on January 07, 2025. While these analysts kept the previous recommendation, TD Cowen raised their target price from $155 to $170. The new note on the price target was released on November 06, 2024, representing the official price target for Clorox Co stock. Previously, the target price had yet another raise from $174 to $187, while Jefferies kept a Buy rating on CLX stock.
The Average True Range (ATR) for Clorox Co is set at 3.57, with the Price to Sales ratio for CLX stock in the period of the last 12 months amounting to 2.51. Price to Free Cash Flow for CLX in the course of the last twelve months was 25.87 with Quick ratio for the last quarter at 0.60.
Trading performance analysis for CLX stock
Clorox Co [CLX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.52. With this latest performance, CLX shares dropped by -10.40% in over the last four-week period, additionally plugging by 2.30% over the last 6 months – not to mention a drop of -6.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CLX stock in for the last two-week period is set at 28.79, with the RSI for the last a single of trading hit 24.41, and the three-weeks RSI is set at 32.02 for Clorox Co [CLX]. The present Moving Average for the last 50 days of trading for this stock 162.33, while it was recorded at 154.61 for the last single week of trading, and 151.61 for the last 200 days.
Clorox Co [CLX]: A deeper dive into fundamental analysis
Clorox Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.94.
Clorox Co [CLX]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CLX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Clorox Co go to 7.55%.
An analysis of Institutional ownership at Clorox Co [CLX]
There are presently around $80.69%, or 80.84%% of CLX stock, in the hands of institutional investors. The top three institutional holders of CLX stocks are: VANGUARD GROUP INC with ownership of 15.32 million shares, which is approximately 12.3282%. BLACKROCK INC., holding 10.91 million shares of the stock with an approximate value of $$1.49 billion in CLX stocks shares; and BLACKROCK INC., currently with $$1.08 billion in CLX stock with ownership which is approximately 6.3876%.