Market Highlights: Clorox Co. (CLX) Ends on a Low Note at 139.63

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The price of Clorox Co. (NYSE: CLX) closed at $139.63 in the last session, down -5.57% from day before closing price of $147.87. In other words, the price has decreased by -$5.57 from its previous closing price. On the day, 4.36 million shares were traded. CLX stock price reached its highest trading level at $142.18 during the session, while it also had its lowest trading level at $136.65.

Ratios:

We take a closer look at CLX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.80. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 59.04 whereas as Long-Term Debt/Eq ratio is at 52.64.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on April 02, 2024, Downgraded its rating to Neutral and sets its target price to $165 from $170 previously.

On March 26, 2024, Jefferies Upgraded its rating to Hold which previously was Underperform but kept the price unchanged to $145.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 14 ’23 when Jacobsen Kevin B sold 3,346 shares for $160.82 per share. The transaction valued at 538,096 led to the insider holds 23,224 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLX now has a Market Capitalization of 17340370944 and an Enterprise Value of 20313888768. As of this moment, Clorox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 219.44, and their Forward P/E ratio for the next fiscal year is 21.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 16.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 326.90. Its current Enterprise Value per Revenue stands at 2.818 whereas that against EBITDA is 18.089.

Stock Price History:

Over the past 52 weeks, CLX has reached a high of $178.21, while it has fallen to a 52-week low of $114.68. The 50-Day Moving Average of the stock is -6.45%, while the 200-Day Moving Average is calculated to be -3.26%.

Shares Statistics:

According to the various share statistics, CLX traded on average about 1.22M shares per day over the past 3-months and 1588370 shares per day over the past 10 days. A total of 124.11M shares are outstanding, with a floating share count of 123.88M. Insiders hold about 0.18% of the company’s shares, while institutions hold 80.77% stake in the company. Shares short for CLX as of 1713139200 were 3501851 with a Short Ratio of 2.86, compared to 1710460800 on 3128156. Therefore, it implies a Short% of Shares Outstanding of 3501851 and a Short% of Float of 3.2199999999999998.

Dividends & Splits

The forward annual dividend rate for CLX is 4.80, which was 1.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.008115237The stock’s 5-year Average Dividend Yield is 2.78.

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