Clorox Co (NYSE: CLX) on Friday, soared 2.88% from the previous trading day, before settling in for the closing price of $158.55. Within the past 52 weeks, CLX’s price has moved between $114.68 and $169.09.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 2.83%. The company achieved an average annual earnings per share of 10.67%. With a float of $123.41 million, this company’s outstanding shares have now reached $124.20 million.
Considering the fact that the conglomerate employs 8000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 44.42%, operating margin of 18.21%, and the pretax margin is 7.31%.
Clorox Co (CLX) Insider Activity
Observing investor behavior towards Household & Personal Products industry stocks is more important than anything else. The insider ownership of Clorox Co is 0.30%, while institutional ownership is 83.29%. The most recent insider transaction that took place on Sep 06 ’24, was worth 286,842. In this transaction EVP – Chief Legal Officer of this company sold 1,733 shares at a rate of $165.52, taking the stock ownership to the 13,471 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Officer proposed sale 1,733 for $165.02, making the entire transaction worth $285,980.
Clorox Co (CLX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 10.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.60% during the next five years compared to -18.70% drop over the previous five years of trading.
Clorox Co (NYSE: CLX) Trading Performance Indicators
Clorox Co (CLX) is currently performing well based on its current performance indicators. A quick ratio of 0.62 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.78. Likewise, its price to free cash flow for the trailing twelve months is 31.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.86, a number that is poised to hit 1.40 in the next quarter and is forecasted to reach 7.24 in one year’s time.
Technical Analysis of Clorox Co (CLX)
Compared to the last year’s volume of 1.24 million, its volume of 2.07 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 49.05%. Additionally, its Average True Range was 2.84.
During the past 100 days, Clorox Co’s (CLX) raw stochastic average was set at 85.01%, which indicates a significant decrease from 88.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.84% in the past 14 days, which was lower than the 20.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $161.38, while its 200-day Moving Average is $147.39. Nevertheless, the first resistance level for the watch stands at $164.79 in the near term. At $166.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $169.50. If the price goes on to break the first support level at $160.09, it is likely to go to the next support level at $157.07. Should the price break the second support level, the third support level stands at $155.39.
Clorox Co (NYSE: CLX) Key Stats
Market capitalization of the company is 20.77 billion based on 123,781K outstanding shares. Right now, sales total 7,093 M and income totals 280,000 K. The company made 1,903 M in profit during its latest quarter, and 216,000 K in sales during its previous quarter.
