What is the downside for Clorox (CL) stock?
According to analysts' consensus price target of $170.13, Clorox has a forecasted downside of 3.3% from its current price of $175.98. Clorox has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Clorox has received 346 “outperform” votes.
How many insiders own Clorox (CLX)?
Only 0.58% of the stock of Clorox is held by insiders. 76.81% of the stock of Clorox is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
What are analysts'target prices for Clorox's stock?
15 analysts have issued 1 year target prices for Clorox's stock. Their forecasts range from $131.00 to $235.00. On average, they anticipate Clorox's share price to reach $170.13 in the next year. This suggests that the stock has a possible downside of 3.3%.
Is Clorox a buy or sell on marketbeat?
Sign-up to receive the latest news and ratings for Clorox and its competitors with MarketBeat's FREE daily newsletter. Clorox has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on 1 buy rating, 8 hold ratings, and 6 sell ratings.
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Is Clorox a good stock to buy right now?
Clorox has been a sleepy value stock for decades. Annual revenues have increased by 19% over the last 5 years, leading to a compound annual growth rate (CAGR) of just 3.5%. Free cash flows surged in 2020 but then dipped back down in a hurry. Today, Clorox's free cash flows have fallen 11% in 5 years.
How many years has Clorox increased its dividend?
12, 2022, to stockholders of record as of the close of business on July 27, 2022. Clorox has a long history of providing value to its stockholders through regular dividends. The company has increased its dividend for 20 consecutive years and paid an annual dividend for more than 50 consecutive years.
Is Clorox stock expected to rise?
Based on our forecasts, a long-term increase is expected, the "CLX" stock price prognosis for 2027-07-21 is 156.031 USD. With a 5-year investment, the revenue is expected to be around +8.73%. Your current $100 investment may be up to $108.73 in 2027. Get It Now!
Is Clorox stock overvalued?
Summary. Clorox has been extremely overvalued for the past two or three years. Heading into the 2020 pandemic, investors seeking yield and earnings stability bought the stock.
Is Clorox a buy or sell?
Clorox has received a consensus rating of Hold. The company's average rating score is 1.53, and is based on 2 buy ratings, 4 hold ratings, and 9 sell ratings.
Is CLX dividend safe?
The company has paid annual dividends since 1970. And has increased the dividend rate each year since 1978. This record makes Clorox a Dividend Aristocrat. Furthermore, the company's dividend appears very safe and set to grow into the future.
Is Clorox Undervalued?
An Intrinsic Calculation For The Clorox Company (NYSE:CLX) Suggests It's 21% Undervalued.
Should I sell CLX stock?
Out of 12 analysts, 0 (0%) are recommending CLX as a Strong Buy, 1 (8.33%) are recommending CLX as a Buy, 4 (33.33%) are recommending CLX as a Hold, 2 (16.67%) are recommending CLX as a Sell, and 5 (41.67%) are recommending CLX as a Strong Sell. What is CLX's earnings growth forecast for 2023-2024?
Why is Clorox stock price dropping?
Shares of Clorox were falling sharply Friday after the maker of disinfectant wipes and other cleaning products reported fiscal second-quarter adjusted earnings that missed analysts' expectations and said margins would take a steep hit from continued cost pressures.
How much is Clorox debt?
How Much Debt Does Clorox Carry? The chart below, which you can click on for greater detail, shows that Clorox had US$2.88b in debt in March 2022; about the same as the year before. On the flip side, it has US$304.0m in cash leading to net debt of about US$2.58b.
Why is Clorox Roe so high?
It appears that Clorox makes extensive use of debt to improve its returns, because it has an alarmingly high debt to equity ratio of 5.84. Its ROE is clearly quite good, but it seems to be boosted by the significant use of debt by the company.
Is Clorox a Dividend Aristocrat?
Clorox has paid and raised its dividend for 45 consecutive years, making it a Dividend Aristocrat. A Dividend Aristocrat is an S&P 500 component that has paid and raised its dividend each year for at least 25 consecutive years.
When was the Clorox dividend paid?
OAKLAND, Calif., Nov. 16, 2021 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a quarterly dividend of $1.16 per share on the company's common stock. The dividend is payable Feb. 11, 2022, to stockholders of record as of the close of business on Jan.
What months does Clorox pay dividends?
When is Clorox dividend payment date? Clorox's last dividend payment date was on May 12, 2022, when Clorox shareholders who owned CLX shares before Apr 25, 2022 received a dividend payment of $1.16 per share.
How often does Ko pay dividends?
four times a yearThe Company normally pays dividends four times a year, usually April 1, July 1, October 1 and December 15. Shareowners of record can elect to receive their dividend payments electronically or by check in the currency of their choice.
Should I buy or sell Clorox stock right now?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clorox in the last twelve months. There are currently 9 sell ratings, 4 h...
What is Clorox's stock price forecast for 2022?
14 brokers have issued 1 year price targets for Clorox's shares. Their forecasts range from $115.00 to $194.00. On average, they expect Clorox's sh...
How has Clorox's stock price performed in 2022?
Clorox's stock was trading at $174.36 at the start of the year. Since then, CLX stock has decreased by 24.8% and is now trading at $131.10. View t...
When is Clorox's next earnings date?
Clorox is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022. View our earnings forecast for Clorox .
How were Clorox's earnings last quarter?
The Clorox Company (NYSE:CLX) announced its quarterly earnings results on Monday, May, 2nd. The company reported $1.31 earnings per share (EPS) for...
How often does Clorox pay dividends? What is the dividend yield for Clorox?
Clorox announced a quarterly dividend on Tuesday, February 15th. Stockholders of record on Wednesday, April 27th will be paid a dividend of $1.16 p...
Is Clorox a good dividend stock?
Clorox(NYSE:CLX) pays an annual dividend of $4.64 per share and currently has a dividend yield of 3.51%. Clorox has been increasing its dividend fo...
What guidance has Clorox issued on next quarter's earnings?
Clorox issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of $4.05-$4.30...
Who are Clorox's key executives?
Clorox's management team includes the following people: Ms. Linda Rendle , CEO & Director (Age 44, Pay $2.9M) Mr. Kevin B. Jacobsen , Exec. VP...
What other stocks do shareholders of Clorox own?
What is Clorox's stock price today?
Based on aggregate information from My MarketBeat watchlists, some companies that other Clorox investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), NVIDIA (NVDA), Verizon Communications (VZ), AT&T (T), Walt Disney (DIS), Home Depot (HD), Procter & Gamble (PG), Intel (INTC) and JPMorgan Chase & Co. (JPM).
What guidance has Clorox issued on next quarter's earnings?
One share of CLX stock can currently be purchased for approximately $147.58.
What is Clorox's stock symbol?
Clorox issued an update on its FY 2022 earnings guidance on Monday, February, 21st. The company provided EPS guidance of $4.250-$4.500 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.410. The company issued revenue guidance of $7.05 billion-$7.27 billion, compared to the consensus revenue estimate of $7.11 billion.
How long has Clorox been increasing its dividend?
Clorox trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLX."
How much does Clorox pay dividends?
Clorox has been increasing its dividend for 45 years.
What is the dividend payout ratio for Clorox?
The Clorox pays an annual dividend of $4.44 per share and currently has a dividend yield of 2.46%. The Clorox has been increasing its dividend for 45 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of The Clorox is 60.33%.
When will Clorox release its 2021 earnings?
Based on earnings estimates, The Clorox will have a dividend payout ratio of 58.65% next year . This indicates that The Clorox will be able to sustain or increase its dividend. View The Clorox's dividend history.
Is Datcher a black CEO?
Clorox (NYSE: CLX) reported fiscal 2021 first-quarter earnings on Nov. 1 -- to shareholders' delight. The company said demand for its products was better than expected in the quarter, driven by the surge of the delta variant.
