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.
Many analysts weighed in on price targets for CLX. The most optimistic analyst gave a price target of 150, implying a possible profit of 12.98 percent. The lowest price target was 115, which equates to a potential downside of -13.38 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. 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 have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 4 analysts decreased their estimates.
The growth rate of CLX's earnings is estimated by analysts to be 11.23 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CLX is 2.34.
CLX has a 52-week high of 141.76 and a 52-week low of 111.24. The current market price is above the trailing year's low by 19.35 percent, and 6.34 percent below the high. CLX has a price/earnings 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.