Clorox Co. (CLX) is destined for greater heights as its last quarter sales were 1,814 M

Clorox Co. (NYSE: CLX) kicked off on Monday, down -0.53% from the previous trading day, before settling in for the closing price of $134.61. Over the past 52 weeks, CLX has traded in a range of $114.68-$169.14.

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Annual sales at Consumer Defensive sector company grew by 4.54% over the past five years. While this was happening, its average annual earnings per share was recorded 16.28%. With a float of $123.94 million, this company’s outstanding shares have now reached $124.19 million.

Let’s look at the performance matrix of the company that is accounted for 8700 employees.

Clorox Co. (CLX) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Household & Personal Products Industry. The insider ownership of Clorox Co. is 0.20%, while institutional ownership is 82.05%. 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) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 16.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.82% during the next five years compared to -28.12% drop over the previous five years of trading.

Clorox Co. (NYSE: CLX) Trading Performance Indicators

Take a look at Clorox Co.’s (CLX) current performance indicators. Last quarter, stock had a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.31. Likewise, its price to free cash flow for the trailing twelve months is 29.17.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.93, a number that is poised to hit 1.55 in the next quarter and is forecasted to reach 6.49 in one year’s time.

Technical Analysis of Clorox Co. (CLX)

Clorox Co. (NYSE: CLX) saw its 5-day average volume 1.19 million, a negative change from its year-to-date volume of 1.23 million. As of the previous 9 days, the stock’s Stochastic %D was 42.51%. Additionally, its Average True Range was 2.52.

During the past 100 days, Clorox Co.’s (CLX) raw stochastic average was set at 20.79%, which indicates a significant decrease from 41.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.04% in the past 14 days, which was lower than the 20.77% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $133.79, while its 200-day Moving Average is $140.24. Nevertheless, the first resistance level for the watch stands at $135.30 in the near term. At $136.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $138.30. If the price goes on to break the first support level at $132.30, it is likely to go to the next support level at $130.71. Assuming the price breaks the second support level, the third support level stands at $129.30.

Clorox Co. (NYSE: CLX) Key Stats

The company with the Market Capitalisation of 16.63 billion has total of 124,188K Shares Outstanding. Its annual sales at the moment are 7,389 M in contrast with the sum of 149,000 K annual income. Company’s last quarter sales were recorded 1,814 M and last quarter income was -51,000 K.