For its first fiscal quarter (ending September 30), The Clorox Co (NYSE: CLX) has reported a 371% increase in E.P.S. from $0.17 a year ago to $0.80 in the current quarter. For the latest four quarters through September 30, E.P.S. were $2.88 compared to $0.70 a year ago — an increase of 311%.
Recent Price Action
On 10/30/24, The Clorox Co (NYSE: CLX) stock declined slightly by -0.2%, closing at $156.51. Moreover, unusually high trading volume at 184% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -1.7% 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 (Neutral). 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 34 but a slightly positive Power Rating of 65, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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