Stock Rating Upgrade
In the last week the Value Trend Rating for The Clorox Co (NYSE: CLX) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
The Clorox Co (NYSE: CLX) stock rose modestly by 0.8% on 9/13/24. The stock closed at $166.27. However, trading volume in this advance was below average at 81% of normal. The stock has performed in line with the market over the last nine months and has risen 0.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CLX is expected to continue to be a major Value Builder.
Clorox has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Clorox has a slightly negative Appreciation Score of 31 but a slightly positive Power Rating of 62, producing the Low Neutral Value Trend Rating.
Be the first to comment