Market Insight: Clorox Co. (CLX)’s Notable Drop, Closing at 133.08

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In the latest session, Clorox Co. (NYSE: CLX) closed at $133.08 down -0.35% from its previous closing price of $133.55. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 0.55 million shares were traded. CLX stock price reached its highest trading level at $134.225 during the session, while it also had its lowest trading level at $132.39.


For a deeper understanding of Clorox Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 75.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.00. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 33.19 whereas as Long-Term Debt/Eq ratio is at 31.07.

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 this company, Exane BNP Paribas on June 24, 2024, initiated with a Underperform rating and assigned the stock a target price of $130.

On April 02, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $170 to $165.

Jefferies Upgraded its Underperform to Hold on March 26, 2024, while the target price for the stock was maintained at $145.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 16449943552 and an Enterprise Value of 19414968320. As of this moment, Clorox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 68.87, and their Forward P/E ratio for the next fiscal year is 20.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 181.61. Its current Enterprise Value per Revenue stands at 2.693 whereas that against EBITDA is 16.986.

Stock Price History:

Over the past 52 weeks, CLX has reached a high of $169.14, while it has fallen to a 52-week low of $114.68. The 50-Day Moving Average of the stock is -2.79%, while the 200-Day Moving Average is calculated to be -4.96%.

Shares Statistics:

For the past three months, CLX has traded an average of 1.27M shares per day and 1496380 over the past ten days. A total of 124.19M shares are outstanding, with a floating share count of 123.96M. Insiders hold about 0.18% of the company’s shares, while institutions hold 81.11% stake in the company. Shares short for CLX as of 1718323200 were 4359581 with a Short Ratio of 3.42, compared to 1715731200 on 4603992. Therefore, it implies a Short% of Shares Outstanding of 4359581 and a Short% of Float of 4.0.

Dividends & Splits

According to the company, the forward annual dividend rate for CLX is 4.80, from 4.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.035941597The stock’s 5-year Average Dividend Yield is 2.82.

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