Clorox (NYSE:CLX) Reaches New 1-Year Low After Analyst Downgrade

Shares of The Clorox Company (NYSE:CLX) hit a new 52-week low during mid-day trading on Wednesday after Morgan Stanley lowered their price target on the stock from $136.00 to $110.00. Morgan Stanley currently has an equal weight rating on the stock. Clorox traded as low as $96.58 and last traded at $96.7810, with a volume of 2419468 shares traded. The stock had previously closed at $99.61.

Other research analysts have also issued research reports about the company. Rothschild & Co Redburn set a $117.00 price target on Clorox in a research report on Friday, February 13th. Citigroup reduced their price target on Clorox from $115.00 to $110.00 and set a “neutral” rating for the company in a research report on Wednesday, April 15th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $99.00 price target (down from $117.00) on shares of Clorox in a research report on Friday, April 17th. Evercore reduced their price target on Clorox from $132.00 to $115.00 and set an “underperform” rating for the company in a research report on Wednesday, February 4th. Finally, TD Cowen boosted their price target on Clorox from $98.00 to $111.00 and gave the stock a “hold” rating in a research report on Tuesday, March 31st. One equities research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $111.33.

Key Stories Impacting Clorox

Here are the key news stories impacting Clorox this week:

• Positive Sentiment: Jefferies kept a “buy” rating and, despite trimming its price target to $139, still implies substantial upside versus current levels — a supportive note for long-term investors who prioritize upside potential. Jefferies trims PT but stays buy Additional coverage TickerReport
• Positive Sentiment: A Seeking Alpha piece highlights CLX’s very low valuation relative to history and its highest dividend since 1983, framing the stock as attractive to income and value investors if fundamentals stabilize. Clorox valuation/dividend article
• Neutral Sentiment: Yahoo Finance ran a broader story on cash-generating companies that still fall short because of poor capital allocation; if Clorox is mentioned, it reinforces investor focus on how management deploys cash (dividends, buybacks, M&A) rather than raw cash flow alone. 3 Cash-Producing Stocks That Fall Short
• Negative Sentiment: Morgan Stanley cut its price target to $110 and moved to “equal weight,” reducing upside expectations and signaling less conviction in near-term upside. Morgan Stanley PT cut
• Negative Sentiment: Deutsche Bank lowered its price target to $100, another bearish data point that tightens the range of analyst expectations and likely pressures sentiment. Deutsche Bank lowers PT to $100
• Negative Sentiment: Analyst consensus has shifted toward a “Reduce”/downgrade posture per American Banking News, contributing to selling pressure as multiple firms trim expectations. Analysts average “Reduce”

Institutional Trading of Clorox

Several institutional investors have recently modified their holdings of CLX. Center for Financial Planning Inc. acquired a new stake in shares of Clorox in the third quarter valued at $25,000. Vermillion & White Wealth Management Group LLC acquired a new stake in shares of Clorox in the third quarter valued at $25,000. Caitlin John LLC lifted its holdings in shares of Clorox by 1,807.1% in the fourth quarter. Caitlin John LLC now owns 267 shares of the company’s stock valued at $27,000 after buying an additional 253 shares during the period. True Wealth Design LLC lifted its holdings in shares of Clorox by 1,020.0% in the third quarter. True Wealth Design LLC now owns 224 shares of the company’s stock valued at $28,000 after buying an additional 204 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in shares of Clorox in the third quarter valued at $29,000. Institutional investors and hedge funds own 78.53% of the company’s stock.

Clorox Stock Performance

The company has a debt-to-equity ratio of 71.03, a current ratio of 0.74 and a quick ratio of 0.48. The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 15.81, a price-to-earnings-growth ratio of 0.49 and a beta of 0.65. The company has a fifty day moving average price of $111.48 and a two-hundred day moving average price of $109.70.

Clorox (NYSE:CLX) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.39 earnings per share for the quarter, missing the consensus estimate of $1.43 by ($0.04). The firm had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.64 billion. Clorox had a net margin of 11.17% and a return on equity of 383.01%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter last year, the company earned $1.55 EPS. As a group, equities research analysts expect that The Clorox Company will post 5.89 EPS for the current year.

Clorox Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Wednesday, April 22nd will be given a dividend of $1.24 per share. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.96 dividend on an annualized basis and a dividend yield of 5.1%. Clorox’s payout ratio is 81.05%.

About Clorox

The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company’s flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.

Clorox’s diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.