Clorox Co (NYSE: CLX) is 15.11% higher on its value in year-to-date trading and has touched a low of $127.60 and a high of $171.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CLX stock was last observed hovering at around $161.72 in the last trading session, with the day’s gains setting it 2.41%.
Currently trading at $164.13, the stock is -1.34% and 0.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing 1.49% at the moment leaves the stock 9.43% off its SMA200. CLX registered 15.16% gain for a year compared to 6-month gain of 20.12%. The firm has a 50-day simple moving average (SMA 50) of $163.8956 and a 200-day simple moving average (SMA200) of $149.99045.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -2.38% loss in the last 1 month and extending the period to 3 months gives it a 0.49%, and is -0.32% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.68% over the week and 1.71% over the month.
Clorox Co (CLX) has around 8000 employees, a market worth around $20.32B and $7.47B in sales. Current P/E ratio is 57.45 and Fwd P/E is 22.61. Profit margin for the company is 4.78%. Distance from 52-week low is 28.63% and -4.22% from its 52-week high. The company has generated returns on investments over the last 12 months (12.50%).
with sales reaching $1.63B over the same period.The EPS is expected to grow by 11.04% this year, but quarterly earnings will post -0.55% year-over-year. Quarterly sales are estimated to shrink -18.26% in year-over-year returns.
1528.0 institutions hold shares in Clorox Co (CLX), with institutional investors hold 81.92% of the company’s shares. The shares outstanding are 123.67M, and float is at 123.40M with Short Float at 2.72%. Institutions hold 81.76% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.32 million shares valued at $2.09 billion. The investor’s holdings represent 12.3282 of the CLX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.91 million shares valued at $1.49 billion to account for 8.7795 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.94 million shares representing 6.3876 and valued at over $1.08 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.41 of the shares totaling 2.99 million with a market value of $407.56 million.
Clorox Co (CLX) Insider Activity
The most recent transaction is an insider sale by Hilt Angela C, the company’s EVP – Chief Legal Officer. SEC filings show that Hilt Angela C sold 1,248 shares of the company’s common stock on Dec 16 ’24 at a price of $165.56 per share for a total of $0.21 million. Following the sale, the insider now owns 19833.0 shares.
Still, SEC filings show that on Sep 06 ’24, Hilt Angela C (EVP – Chief Legal Officer) disposed off 1,733 shares at an average price of $165.52 for $0.29 million. The insider now directly holds 13,471 shares of Clorox Co (CLX).
