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.
Investment analysts gave a few price targets for CLX. The most optimistic analyst gave a price target of 150, which equates to a potential upside of 12.98 percent. The most pessimistic price target 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.19 percent, compared to last month. 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. Over the past month, 2 analysts increased their quarterly estimates, 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. CLX has a PEG ratio of 2.34.
In the last 52-weeks, CLX has achieved a high of 141.76 and a low of 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 stock has a market capitalization of $17.28 billion. CLX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.