Clorox Company (The) (NYSE:CLX) – Research analysts at Jefferies Group issued their Q1 2018 earnings per share (EPS) estimates for shares of Clorox Company (The) in a research report issued on Friday. Jefferies Group analyst K. Grundy forecasts that the company will earn $1.41 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $138.00 price objective on the stock. Jefferies Group also issued estimates for Clorox Company (The)’s Q2 2018 earnings at $1.35 EPS, Q3 2018 earnings at $1.26 EPS, Q4 2018 earnings at $1.63 EPS, FY2019 earnings at $6.00 EPS and FY2020 earnings at $6.37 EPS.

Clorox Company (The) (NYSE:CLX) last posted its earnings results on Thursday, August 3rd. The company reported $1.53 EPS for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.04. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.65 billion. Clorox Company (The) had a return on equity of 190.67% and a net margin of 11.74%. Clorox Company (The)’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.30 earnings per share.

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Several other equities analysts have also recently issued reports on the company. Barclays PLC lowered their price target on Clorox Company (The) from $140.00 to $136.00 and set an “equal weight” rating on the stock in a research report on Friday. BMO Capital Markets set a $150.00 price target on Clorox Company (The) and gave the company a “buy” rating in a research report on Thursday. Royal Bank Of Canada reiterated a “hold” rating and set a $115.00 price target on shares of Clorox Company (The) in a research report on Wednesday, August 2nd. BidaskClub upgraded Clorox Company (The) from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Finally, Zacks Investment Research cut Clorox Company (The) from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $129.13.

Shares of Clorox Company (NYSE CLX) opened at 134.49 on Monday. Clorox Company has a 52-week low of $111.24 and a 52-week high of $141.76. The stock has a market capitalization of $17.32 billion, a P/E ratio of 26.57 and a beta of 0.40. The firm’s 50-day moving average price is $134.79 and its 200-day moving average price is $133.07.

Several large investors have recently added to or reduced their stakes in CLX. Valley National Advisers Inc. raised its stake in Clorox Company (The) by 0.6% in the second quarter. Valley National Advisers Inc. now owns 865 shares of the company’s stock valued at $115,000 after buying an additional 5 shares in the last quarter. Mosaic Family Wealth LLC raised its stake in Clorox Company (The) by 3.9% in the second quarter. Mosaic Family Wealth LLC now owns 2,033 shares of the company’s stock valued at $271,000 after buying an additional 76 shares in the last quarter. Wayne Hummer Investments L.L.C. raised its stake in Clorox Company (The) by 7.3% in the second quarter. Wayne Hummer Investments L.L.C. now owns 2,361 shares of the company’s stock valued at $315,000 after buying an additional 160 shares in the last quarter. State Board of Administration of Florida Retirement System raised its stake in Clorox Company (The) by 0.3% in the second quarter. State Board of Administration of Florida Retirement System now owns 204,499 shares of the company’s stock valued at $27,247,000 after buying an additional 627 shares in the last quarter. Finally, Boston Family Office LLC raised its stake in Clorox Company (The) by 0.8% in the second quarter. Boston Family Office LLC now owns 25,969 shares of the company’s stock valued at $3,460,000 after buying an additional 210 shares in the last quarter. 70.29% of the stock is owned by institutional investors and hedge funds.

Clorox Company (The) Company Profile

The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International.

Earnings History and Estimates for Clorox Company (The) (NYSE:CLX)

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