Should you hold Clorox (CLX) stock?
The consensus among Wall Street research analysts is that investors should "hold" Clorox stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLX, but not buy additional shares or sell existing shares. View analyst ratings for Clorox or view top-rated stocks.
Where can I buy CLX shares?
Shares of CLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
How did the Clorox Company (CLX) perform in Q3 earnings?
The Clorox Company (NYSE:CLX) released its quarterly earnings results on Sunday, October, 31st. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.18. The business had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $1.70 billion.
Why did Clorox's sales decline 9% in Q4?
Clorox's sales declined 9% year over year during its fourth quarter, which runs through June 30. Management cited two reasons for the sales decline: lower shipments from peak pandemic levels and a rapid decline in its health and wellness segment sales. The second bit is what investors feared the most.
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Why is Clorox going down?
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.
Is CLX a buy?
The Clorox Company - Hold Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of CLX, demonstrate its potential to perform inline with the market. It currently has a Growth Score of C.
Is Clorox stock expected to rise?
Stock Price Forecast The 16 analysts offering 12-month price forecasts for Clorox Co have a median target of 137.50, with a high estimate of 165.00 and a low estimate of 115.00. The median estimate represents a +0.28% increase from the last price of 137.12.
Is CLX a good dividend stock?
Clorox is one of many stocks with long and rich dividend histories. 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.
Is CLX a Dividend Aristocrat?
The Clorox (CLX) dividend has been paid continuously since 1968 and increased for 44 consecutive years; qualifying the company as a Dividend Aristocrat and Dividend Champion. Clorox has a large moat due to its brands and cost advantages.
Is Clorox undervalued?
An Intrinsic Calculation For The Clorox Company (NYSE:CLX) Suggests It's 21% Undervalued.
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How many years has Clorox paid a dividend?
50 consecutive years26, 2022. Clorox has a long history of providing value to its stockholders through regular dividends. The company has increased its dividend for nearly 20 consecutive years and has paid an annual dividend for more than 50 consecutive years.
How does Clorox make money?
It operates through four segments: Cleaning, Household, Lifestyle, and International. The company offers laundry additives, including bleach products under the Clorox brand, as well as Clorox 2 stain fighters and color boosters; home care products primarily under the Clorox, Formula 409.
When did Clorox release its earnings?
When is Clorox's dividend?
The Clorox Company (NYSE:CLX) released its quarterly earnings results on Thursday, April, 29th. The company reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.14. The company had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.86 billion.
How much does Clorox pay dividends?
This represents a $4.64 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date is Tuesday, July 27th.
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%.
What is Clorox's earnings per share for 2021?
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.
When is Clorox earnings call?
The Clorox issued an update on its FY 2021 earnings guidance on Friday, May, 7th. The company provided earnings per share guidance of 7.450-7.650 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.350.
How much does Clorox make?
The Clorox will be holding an earnings conference call on Tuesday, August 3rd at 1:30 PM Eastern. Interested parties can register for or listen to the call using this link.
TechTarget and Clorox have been highlighted as Zacks Bull and Bear of the Day
The Clorox has a market capitalization of $22.98 billion and generates $6.72 billion in revenue each year. The company earns $939 million in net income (profit) each year or $7.36 on an earnings per share basis.
Why stocks are plummeting this earnings season
TechTarget and Clorox have been highlighted as Zacks Bull and Bear of the Day.
New York Stock Exchange
Nightmare earnings reactions have been a theme this quarter, as investors seize on concerns over slowing growth prospects for companies over a wide range of industries.
Environmental, Social, and Governance Rating
The Company is a manufacturer and marketer of consumer products which operates in three reportable industry segments, the Household Group- North America, Specialty Group and International.
Business Summary
"A" score indicates excellent relative ESG performance and a high degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
The company's sales are dropping faster than expected, but that shouldn't worry you as an investor
The Company is a manufacturer and marketer of consumer products which operates in three reportable industry segments, the Household Group- North America, Specialty Group and International.
What happened
A Fool since 2011, Neha has a keen interest in materials, industrials, and mining sectors. Her favorite pastime: Digging into 10Qs and 10Ks to pull out important information about a company and its operations that an investor may otherwise not know. Other days, you may find her decoding the big moves in stocks that catch her eye.
So what
Shares of Clorox ( NYSE:CLX) tanked on Tuesday, and were down 11.4% as of 11:40 a.m. EDT. After some quarters of stupendous growth in sales of its cleaning products driven by the coronavirus pandemic, the market feared whether the company would be able to sustain its growth momentum as vaccinations roll out and economies reopen.