Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $138.23 in the prior trading day, Clorox Co. (NYSE: CLX) closed at $139.28, up 0.76%. In other words, the price has increased by $0.76 from its previous closing price. On the day, 1.24 million shares were traded. CLX stock price reached its highest trading level at $139.455 during the session, while it also had its lowest trading level at $137.41.
Ratios:
Our goal is to gain a better understanding of CLX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 78.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.35. 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 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 17296904192 and an Enterprise Value of 20261931008. As of this moment, Clorox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 72.08, and their Forward P/E ratio for the next fiscal year is 21.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 190.07. Its current Enterprise Value per Revenue stands at 2.811 whereas that against EBITDA is 17.727.
Stock Price History:
Over the past 52 weeks, CLX has reached a high of $176.24, while it has fallen to a 52-week low of $114.68. The 50-Day Moving Average of the stock is -6.18%, while the 200-Day Moving Average is calculated to be -3.35%.
Shares Statistics:
The stock has traded on average 1.23M shares per day over the past 3-months and 1810470 shares per day over the last 10 days, according to various share statistics. 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 80.76% stake in the company. Shares short for CLX as of 1713139200 were 3501851 with a Short Ratio of 2.84, compared to 1710460800 on 3128156. Therefore, it implies a Short% of Shares Outstanding of 3501851 and a Short% of Float of 3.2099999999999995.
Dividends & Splits
In the trailing 12 months, CLX’s forward annual dividend rate was 4.8, compared to 4.80 this year. Against a Trailing Annual Dividend Yield of 0.03472474The stock’s 5-year Average Dividend Yield is 2.78.
