A new trading day began on Tuesday, with Clorox Co. (NYSE: CLX) stock price up 1.39% from the previous day of trading, before settling in for the closing price of $140.53. CLX’s price has ranged from $114.68 to $178.21 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 3.93% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 9.05%. With a float of $123.88 million, this company’s outstanding shares have now reached $124.11 million.
In an organization with 8700 employees, it is important to assess its efficiency.
Clorox Co. (CLX) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Household & Personal Products Industry. The insider ownership of Clorox Co. is 0.18%, while institutional ownership is 80.89%. The most recent insider transaction that took place on Aug 14 ’23, was worth 538,096. In this transaction EVP – Chief Financial Officer of this company sold 3,346 shares at a rate of $160.82, taking the stock ownership to the 23,224 shares.
Clorox Co. (CLX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 21.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.14% during the next five years compared to -28.12% drop over the previous five years of trading.
Clorox Co. (NYSE: CLX) Trading Performance Indicators
Here are Clorox Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42. Likewise, its price to free cash flow for the trailing twelve months is 24.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.64, a number that is poised to hit 1.36 in the next quarter and is forecasted to reach 6.40 in one year’s time.
Technical Analysis of Clorox Co. (CLX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.94 million. That was inferior than the volume of 1.21 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.17%. Additionally, its Average True Range was 2.68.
During the past 100 days, Clorox Co.’s (CLX) raw stochastic average was set at 23.28%, which indicates a significant increase from 19.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.05% in the past 14 days, which was lower than the 20.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $150.78, while its 200-day Moving Average is $144.90. However, in the short run, Clorox Co.’s stock first resistance to watch stands at $143.33. Second resistance stands at $144.19. The third major resistance level sits at $145.49. If the price goes on to break the first support level at $141.17, it is likely to go to the next support level at $139.87. The third support level lies at $139.01 if the price breaches the second support level.
Clorox Co. (NYSE: CLX) Key Stats
With a market capitalization of 17.68 billion, the company has a total of 124,106K Shares Outstanding. Currently, annual sales are 7,389 M while annual income is 149,000 K. The company’s previous quarter sales were 1,990 M while its latest quarter income was 93,000 K.
