In yesterday’s Wall Street session, Clorox Co (NYSE:CLX) shares traded at $163.43, up 0.21% from the previous session.
CLX stock price is now -0.42% away from the 50-day moving average and 8.87% away from the 200-day moving average. The market capitalization of the company currently stands at $20.23B.
With the price target enhanced from $155 to $170, TD Cowen Upgraded its rating from Sell to Hold for Clorox Co (NYSE: CLX). On October 01, 2024, Jefferies Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $174 to quote $187, while ‘TD Cowen’ rates the stock as ‘Sell’
In other news, Hilt Angela C, EVP – Chief Legal Officer sold 1,248 shares of the company’s stock on Dec 16 ’24. The stock was sold for $206,622 at an average price of $165.56. Upon completion of the transaction, the EVP – Chief Legal Officer now directly owns 19,833 shares in the company, valued at $3.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, Officer Hilt Angela C bought 1,248 shares of the business’s stock. A total of $205,820 was incurred on buying the stock at an average price of $164.92. A total of 0.31% of the company’s stock is owned by insiders.
During the past 12 months, Clorox Co has had a low of $127.60 and a high of $171.37. As of last week, the company has a debt-to-equity ratio of 48.07, a current ratio of 1.00, and a quick ratio of 0.62. According to the stock market information, the enterprise value for the company is $23124600832, which is based on a 57.20 price-to-earnings ratio, a 6.84 price-to-earnings-growth ratio, and a beta of 0.41. The fifty day moving average price for CLX is $164.0792 and a two-hundred day moving average price translates $150.08095 for the stock.
The latest earnings results from Clorox Co (NYSE: CLX) was released for 2024-09-30. The net profit margin was 4.78% and return on equity was 3104.35% for CLX. The company reported revenue of $1.76 billion for the quarter, compared to $1.39 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.13 percent.
