The Clorox Stock Today

CLX Stock  USD 145.14  1.59  1.11%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 16

 
High
 
Low
Low
Clorox is trading at 145.14 as of the 23rd of April 2024; that is 1.11% increase since the beginning of the trading day. The stock's open price was 143.55. Clorox has less than a 16 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for The Clorox are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Household & Personal Products
IPO Date
21st of March 1983
Category
Consumer Defensive
Classification
Consumer Staples
The Clorox Company manufactures and markets consumer and professional products worldwide. The Clorox Company sells its products primarily through mass retailers grocery outlets warehouse clubs dollar stores home hardware centers drug, pet and military stores third-party and owned e-commerce channels and distributors, as well as a direct sales force The company was founded in 1913 and is headquartered in Oakland, California. The company has 124.11 M outstanding shares of which 3.55 M shares are currently shorted by investors with about 2.76 days to cover. More on The Clorox

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Clorox Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Clorox's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Clorox or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Clorox's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Clorox's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanBenno Dorer
Thematic Ideas
(View all Themes)
Old Names[CLX Communications AB (publ), Cho Lon Investment and Import Export Corp]
Business ConcentrationHousehold Products, Household & Personal Products, Consumer Defensive, NYSE Composite, SP 500 Index, Corona Opportunity, Consumer Goods, Consumer Staples, Household Products, Household & Personal Products, Consumer Defensive (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Analysts covering Clorox report their recommendations after researching Clorox's financial statements, talking to executives and customers, or listening in on Clorox's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Clorox. The Clorox consensus assessment is calculated by taking the average forecast from all of the analysts covering Clorox.
Financial Strength
Based on the key measurements obtained from Clorox's financial statements, The Clorox is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Clorox is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02140.0226
Notably Down
Slightly volatile
Asset Turnover0.921.12
Significantly Down
Slightly volatile
Gross Profit Margin0.540.45
Fairly Up
Very volatile
Total Current Liabilities1.3 B2.2 B
Way Down
Slightly volatile
Non Current Liabilities Total4.4 B4.2 B
Sufficiently Up
Slightly volatile
Total Assets3.9 B6.8 B
Way Down
Slightly volatile
Total Current Assets1.2 B2.1 B
Way Down
Slightly volatile
Total Cash From Operating Activities745.5 M1.3 B
Way Down
Slightly volatile
Clorox's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Clorox's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Clorox's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Clorox's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Clorox's financial leverage. It provides some insight into what part of Clorox's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Clorox's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Clorox deploys its capital and how much of that capital is borrowed.
Liquidity
Clorox cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.92 B in debt with debt to equity (D/E) ratio of 6.47, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Clorox has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Clorox until it has trouble settling it off, either with new capital or with free cash flow. So, Clorox's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Clorox sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clorox to invest in growth at high rates of return. When we think about Clorox's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

191.4 Million
The Clorox (CLX) is traded on New York Stock Exchange in USA. It is located in 1221 Broadway, Oakland, CA, United States, 94612-1888 and employs 8,700 people. Clorox is listed under Household Products category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 17.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Clorox's market, we take the total number of its shares issued and multiply it by Clorox's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Clorox runs under Household Products sector within Consumer Staples industry. The entity has 124.11 M outstanding shares of which 3.55 M shares are currently shorted by investors with about 2.76 days to cover. The Clorox has about 367 M in cash with 1.16 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.25.
Check Clorox Probability Of Bankruptcy
Ownership Allocation
Clorox holds a total of 124.11 Million outstanding shares. The majority of The Clorox outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Clorox to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Clorox. Please pay attention to any change in the institutional holdings of The Clorox as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Clorox Ownership Details

Clorox Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Clorox jumping above the current price in 90 days from now is about 80.32%. The The Clorox probability density function shows the probability of Clorox stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Clorox has a beta of 0.5887 suggesting as returns on the market go up, Clorox average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Clorox will be expected to be much smaller as well. Additionally, the Clorox has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 145.14HorizonTargetOdds Above 145.14
19.43%90 days
 145.14 
80.32%
Based on a normal probability distribution, the odds of Clorox to move above the current price in 90 days from now is about 80.32 (This The Clorox probability density function shows the probability of Clorox Stock to fall within a particular range of prices over 90 days) .

Clorox Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Clorox that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Clorox's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Clorox's value.
InstituionRecorded OnShares
Proshare Advisors Llc2023-12-31
1.3 M
Legal & General Group Plc2023-12-31
1.3 M
Macquarie Group Ltd2023-12-31
1.1 M
Mariner Value Strategies, Llc2023-12-31
1.1 M
Amvescap Plc.2023-12-31
1.1 M
Goldman Sachs Group Inc2023-12-31
M
Norges Bank2023-12-31
900.4 K
Parsifal Capital Management, Lp2023-12-31
899.4 K
Bank Of New York Mellon Corp2023-12-31
896.4 K
Vanguard Group Inc2023-12-31
15.2 M
Blackrock Inc2023-12-31
10.1 M
View Clorox Diagnostics

Clorox Historical Income Statement

The Clorox Income Statement is one of the three primary financial statements used for reporting Clorox's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Clorox revenue and expense. Clorox Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Clorox's Interest Expense is fairly stable compared to the past year. EBITDA is likely to rise to about 901 M in 2024, despite the fact that Depreciation And Amortization is likely to grow to (492.7 M). View More Fundamentals

Clorox Stock Against Markets

Picking the right benchmark for Clorox stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Clorox stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Clorox is critical whether you are bullish or bearish towards The Clorox at a given time. Please also check how Clorox's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Clorox without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Clorox Corporate Directors

Clorox corporate directors refer to members of a Clorox board of directors. The board of directors generally takes responsibility for the Clorox's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Clorox's board members must vote for the resolution. The Clorox board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
George HaradIndependent DirectorProfile
Jeffrey NoddleIndependent DirectorProfile
Amy BanseIndependent DirectorProfile
Allan MackayIndependent DirectorProfile

How to buy Clorox Stock?

Before investing in Clorox, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Clorox. To buy Clorox stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Clorox. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Clorox stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located The Clorox stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased The Clorox stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as The Clorox, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Clorox Stock please use our How to Invest in Clorox guide.

Already Invested in The Clorox?

The danger of trading The Clorox is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Clorox is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Clorox. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clorox is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Clorox offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clorox's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Clorox Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Clorox Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Clorox. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Clorox's price analysis, check to measure Clorox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clorox is operating at the current time. Most of Clorox's value examination focuses on studying past and present price action to predict the probability of Clorox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clorox's price. Additionally, you may evaluate how the addition of Clorox to your portfolios can decrease your overall portfolio volatility.
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Is Clorox's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clorox. If investors know Clorox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clorox listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
2.38
Earnings Share
0.63
Revenue Per Share
58.997
Quarterly Revenue Growth
0.16
The market value of Clorox is measured differently than its book value, which is the value of Clorox that is recorded on the company's balance sheet. Investors also form their own opinion of Clorox's value that differs from its market value or its book value, called intrinsic value, which is Clorox's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clorox's market value can be influenced by many factors that don't directly affect Clorox's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clorox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clorox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clorox's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.