Analyst Ratings for Clorox Co. (CLX)Updated: 2017-07-29
Analysts covering Clorox Co. (NYSE:CLX) have given it a consensus rating of Hold. About 30 days ago, CLX was issued an average rating of Hold.
2 analysts declared CLX a buy, 0 issued an overweight rating, 16 issued a hold rating, 1 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for CLX by the analysts covering the stock. The maximum price target given was 150, implying potential capital gains of 12.98 percent. The most pessimistic analyst gave a price target of 115, implying a possible loss of -13.38 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.19 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.19 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 4 analysts that revised their FY estimates downwards.
CLX has an estimated earnings growth rate of 11.23 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CLX is 2.34.
In the trailing 52-weeks, CLX hit 141.76 at the highest peak, while it's lowest trading point was 111.24. Today's price is 19.35 percent above the 52-week low, and 6.34 percent lower than its 52-week high. CLX has a P/E ratio of 26.25. Investors typically compare the P/E ratio to a company's peers in the industry. The CLX value stock report compares CLX to some of its peers using value stock charts. The market cap of CLX is $17.28 billion. CLX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.