Analysts Issue Clorox Company (CLX) Price Target at $123.47

Clorox Company (The) (NYSE:CLX) has been issued a average recommendation of “Hold” from the fourteen analysts that are covering The corporation, Marketbeat recommendation reports. around three Brokerage firms have recommended the share with a sell rating, nine have published a hold rating and two has issued a buy rating to The corporation. the consensus 12 month target price among analysts that have covered the share in the previous year is $125.42.

In associated news, Executive Vice President James E. Foster unloaded 9,861 stocks of the company’s shares in a trade that took place on Wed, Aug 23rd. The stock was unloaded at a price range of of $138.51, amounting to $1,365,847.11. after the closing of the transaction the EVP has an ownership of 22,069 stocks in the company, worth at $3,056,777.19. The information was declared in a document with the securities and exchange commission, which is available through the Security and Exchange Commission website. Also, COO Dawn C. Willoughby unloaded 2,158 stocks of the company’s shares in a trade that took place on Tue, Aug 29th. The stock was unloaded at a price range of of $138.00, amounting $297,804.00. during the last 90 days, executives unloaded 21,242 stocks of company shares worth at $2,944,449. 1.00% of the shares is held by executives.

Many brokerage firms have quite recently commented on CLX. Jefferies reiterated a “hold” recommendation and given a $137.00 target price (up prior from $136.00) on stocks of Clorox Company (The) in a study note published on Wed, Aug 9th. Zacks trimmed stocks of Clorox Company (The) from a “hold” recommendation to a “sell” recommendation in a analysis note on Wed. Royal Bank Of Canada reiterated a “hold” recommendation and given a $115.00 target price on stock of Clorox Company (The) in a study note published on Wed, Aug 2nd. BMO Capital Markets reiterated a “buy” recommendation and given a $150.00 target price on stock of Clorox Company (The) in a study note on Early Thur. Lastly, BidaskClub lifted shares of Clorox Company (The) from a “strong sell” recommendation to a “sell” recommendation in a analysis note on Mon, Jul 31st.

Quite a few hedge fund investors and institutional investors have purchased or disposed their positions in the company. Jacobi Capital Management grew its position in Clorox Company (The) by 0.3% during the Q1. Jacobi Capital Management has an ownership of 1,282 stocks of the firms shares valued $172,000 after scooping up an extra 4 shares through out the quarter. Bridgeworth grew its position in Clorox Company (The) by 0.3% during the Q1. Bridgeworth has an ownership of 1,869 stocks of the firms shares valued $252,000 after scooping up an extra 5 shares through out the quarter. Valley National Advisers grew its position in Clorox Company (The) by 0.6% during the Q1. Valley National Advisers has an ownership of 860 stocks of the firms shares valued $116,000 after scooping up an extra 5 shares through out the quarter. Blue Chip Partners grew its position in Clorox Company (The) by 0.7% during the Q1. Blue Chip Partners has an ownership of 906 stocks of the firms shares valued $122,000 after scooping up an extra 6 shares through out the quarter. Lastly, Bernzott Capital Advisors grew its position in Clorox Company (The) by 0.4% through out the Fiscal Q2. Bernzott Capital Advisors has an ownership of 1,607 stocks of the firms shares valued $214,000 after scooping up an extra 7 shares through out the quarter. large institution funds own 71.33% of the firms stock.

Stocks of Clorox Company (CLX) transacted up 0.14% throughout intraday market trading on early Fri, reaching $129.14. 1,096,307 stocks of the company transacted hands. The stock’s 50 Day SMA is $134.59 and its 200 SMA is $134.61. The corporation has a valuation of $16.67 B, a price to earnings ratio of 24.21 along with a stock beta of 0.39. Clorox Company has a 1 year low of $111.24 and a 1 year high of $141.76.

Clorox Company (The) (NYSE:CLX) previously released its fiscal periodic earnings information on Early Thur, Aug 3rd. The corporation posted $1.53 EPS for the period, topping analysts’ average forecasts of $1.49 by $0.04. The company posted earnings of $1.65 B for the period end, compared with brokerage expectations of $1.65 B. Clorox Company (The) had a net profit margin of 11.74% and a ROE of 190.67%. the firms sales went up 2.9% on a YOY basis. for the same period in the prior fiscal year, firm reported $1.30 EPS. on consensus, Stock analysts expect that Clorox business will report $5.66 earnings per share for the financial year.

Also, the company disclosed a divided for the quarter, expected to be paid on early Mon, Nov 13th. traders with a divided record date on Wed, Oct 25th will be given a $0.84 dividend. The ex-dividend date of this dividend is Tue, Oct 24th. this indicates a $3.36 dividend on a yearly basis and a payout of 2.60%. Clorox Company (The)’s yield is 63.04%.

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