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 highest price target was 150, which equates to a potential upside of 12.98 percent. The minimum price target given was 115, implying potential capital losses of -13.38 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 4 analysts made negative revisions to their fiscal year's 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. 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. CLX has a PEG ratio of 2.34.
In the trailing 52-weeks, CLX hit 141.76 at the highest peak, while it's lowest trading point was 111.24. The current market price is above the trailing year's low by 19.35 percent, and below the high by 6.34 percent. 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 stock has a market capitalization of $17.28 billion. CLX's next earnings release will be on 0000-00-00, which is days away.