Zacks Research Has Pessimistic Opinion of Clorox Q1 Earnings

The Clorox Company (NYSE:CLX) – Equities researchers at Zacks Research lowered their Q1 2027 earnings per share (EPS) estimates for shares of Clorox in a report issued on Friday, October 23rd. Zacks Research analyst Team now expects that the company will post earnings per share of $0.91 for the quarter, down from their previous forecast of $1.02. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Clorox’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Clorox’s Q2 2027 earnings at $1.30 EPS and FY2027 earnings at $5.53 EPS.

Other research analysts have also issued research reports about the stock. BNP Paribas Exane decreased their price target on shares of Clorox from $97.00 to $95.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. UBS Group set a $91.00 price objective on Clorox in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $95.00 price objective on shares of Clorox in a report on Monday, October 19th. JPMorgan Chase & Co. decreased their target price on Clorox from $95.00 to $83.00 and set an “underweight” rating on the stock in a research report on Monday, October 19th. Finally, Wall Street Zen lowered Clorox from a “hold” rating to a “sell” rating in a research note on Saturday, October 3rd. Twelve analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Clorox currently has an average rating of “Reduce” and an average target price of $93.57.

Clorox Stock Performance

NYSE CLX opened at $86.78 on Monday. The firm has a 50-day moving average of $90.49 and a 200-day moving average of $100.42. The company has a debt-to-equity ratio of 15.80, a quick ratio of 0.38 and a current ratio of 0.66. The stock has a market cap of $10.50 billion, a PE ratio of 18.00, a P/E/G ratio of 2.89 and a beta of 0.59. Clorox has a 52-week low of $79.12 and a 52-week high of $128.90.

Clorox (NYSE:CLX) last released its quarterly earnings data on Monday, August 3rd. The company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.64 by $0.02. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.91 billion. Clorox had a net margin of 8.74% and a return on equity of 522.23%. The company’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.87 earnings per share. Clorox has set its FY 2027 guidance at 5.700-6.000 EPS.

Institutional Trading of Clorox

A number of institutional investors have recently bought and sold shares of CLX. Oppenheimer & Co. Inc. increased its stake in Clorox by 23.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 30,400 shares of the company’s stock worth $2,463,000 after acquiring an additional 5,689 shares during the period. Aegis Wealth Management Inc. raised its holdings in Clorox by 4.9% in the 3rd quarter. Aegis Wealth Management Inc. now owns 7,954 shares of the company’s stock valued at $644,000 after acquiring an additional 372 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Clorox during the 3rd quarter valued at $424,000. Blume Capital Management Inc. lifted its position in shares of Clorox by 8,386.3% during the 3rd quarter. Blume Capital Management Inc. now owns 14,851 shares of the company’s stock valued at $1,203,000 after acquiring an additional 14,676 shares during the period. Finally, Townsend & Associates Inc lifted its position in shares of Clorox by 41.4% during the 3rd quarter. Townsend & Associates Inc now owns 20,963 shares of the company’s stock valued at $1,698,000 after acquiring an additional 6,142 shares during the period. Institutional investors own 78.53% of the company’s stock.

Clorox Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Wednesday, October 28th will be paid a $1.25 dividend. The ex-dividend date is Wednesday, October 28th. This represents a $5.00 annualized dividend and a yield of 5.8%. Clorox’s payout ratio is 103.73%.

Clorox Company Profile

The Clorox Company, founded in 1913 and headquartered in Oakland, California, is a consumer and professional products company. It began with household bleach and has expanded into a portfolio of brands serving cleaning, household, personal care, food, and professional markets.

Its brands include Clorox disinfecting and cleaning products, Pine-Sol cleaners, Liquid-Plumr drain care, Kingsford charcoal, Fresh Step and Scoop Away cat litter, Hidden Valley dressings and dips, Brita water filtration products, and Burt’s Bees personal care items.