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 highest price target was 150, implying potential capital gains of 12.98 percent. The most pessimistic price target was 115, implying potential capital losses 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.
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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.19 percent. If we look at the last 90 days instead, we find a net average change of -0.19 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 4 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of CLX to grow at a rate of 11.23 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CLX has a PEG ratio of 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 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 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.