Analysts See $1.59 EPS for The Clorox Company (CLX)

July 11, 2018 - By Robert Crowder

The Clorox Company (NYSE:CLX) LogoInvestors sentiment decreased to 0.85 in Q1 2018. Its down 0.22, from 1.07 in 2017Q4. It dived, as 57 investors sold The Clorox Company shares while 264 reduced holdings. 68 funds opened positions while 206 raised stakes. 93.60 million shares or 0.62% more from 93.02 million shares in 2017Q4 were reported.
12,063 were reported by First Natl Trust. Willingdon Wealth Management owns 50 shares. Sandy Spring National Bank holds 4,520 shares or 0.05% of its portfolio. Ashfield Limited Liability Corporation has invested 0.23% of its portfolio in The Clorox Company (NYSE:CLX). Jensen Mgmt stated it has 41,120 shares or 0.07% of all its holdings. Parnassus Ca owns 4.64 million shares or 2.49% of their US portfolio. Caisse De Depot Et Placement Du Quebec has invested 0% in The Clorox Company (NYSE:CLX). Mitchell Sinkler And Starr Pa holds 2,140 shares or 0.33% of its portfolio. Kansas-based Waddell & Reed Fincl has invested 0.02% in The Clorox Company (NYSE:CLX). Moreover, Parametric Associates Limited Liability Corporation has 0.08% invested in The Clorox Company (NYSE:CLX). Boyar Asset Mgmt accumulated 1.27% or 13,157 shares. Peninsula Asset Management Inc reported 1.28% in The Clorox Company (NYSE:CLX). 6,250 are owned by Raymond James Trust Na. X Management Co stated it has 0.02% in The Clorox Company (NYSE:CLX). Reilly Herbert Faulkner Iii holds 37,416 shares or 2.83% of its portfolio.

Analysts expect The Clorox Company (NYSE:CLX) to report $1.59 EPS on August, 2 before the open.They anticipate $0.06 EPS change or 3.92 % from last quarter’s $1.53 EPS. CLX’s profit would be $205.92 million giving it 20.96 P/E if the $1.59 EPS is correct. After having $1.37 EPS previously, The Clorox Company’s analysts see 16.06 % EPS growth. The stock increased 0.60% or $0.8 during the last trading session, reaching $133.28. About 1.41 million shares traded. The Clorox Company (NYSE:CLX) has declined 9.29% since July 12, 2017 and is downtrending. It has underperformed by 21.86% the S&P500.

The Clorox Company (NYSE:CLX) Ratings Coverage

Among 8 analysts covering Clorox (NYSE:CLX), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Clorox had 13 analyst reports since February 5, 2018 according to SRatingsIntel. Argus Research downgraded the stock to “Hold” rating in Thursday, February 8 report. The rating was maintained by Citigroup with “Neutral” on Friday, May 4. The stock of The Clorox Company (NYSE:CLX) earned “Buy” rating by BMO Capital Markets on Monday, February 5. As per Tuesday, March 13, the company rating was maintained by JP Morgan. The stock of The Clorox Company (NYSE:CLX) has “Underweight” rating given on Thursday, May 3 by Morgan Stanley. The company was maintained on Monday, February 5 by RBC Capital Markets. The stock of The Clorox Company (NYSE:CLX) earned “Neutral” rating by Bank of America on Monday, February 5. The stock of The Clorox Company (NYSE:CLX) earned “Hold” rating by Wells Fargo on Thursday, April 19. Bank of America maintained it with “Neutral” rating and $130 target in Thursday, May 3 report. The rating was maintained by Morgan Stanley on Thursday, April 5 with “Equal-Weight”.

The Clorox Company manufactures and markets consumer and professional products worldwide. The company has market cap of $17.26 billion. It operates through four divisions: Cleaning, Household, Lifestyle, and International. It has a 21.77 P/E ratio. The firm offers laundry additives, including bleach products under the Clorox brand, as well as Clorox 2 stain fighters and color boosters; home care products primarily under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brands; naturally derived products under the Green Works brand; and professional cleaning and disinfecting products under the Clorox, Dispatch, Aplicare, HealthLink, and Clorox Healthcare brands.

More notable recent The Clorox Company (NYSE:CLX) news were published by: Seekingalpha.com which released: “Clorox Can Weather Inflation” on June 18, 2018, also Fool.com with their article: “Why Clorox Company Stock Jumped 11.9% in June to Deliver Its Best Month This Year” published on July 09, 2018, Seekingalpha.com published: “July 2018 Stock Considerations” on July 02, 2018. More interesting news about The Clorox Company (NYSE:CLX) were released by: Investorplace.com and their article: “Clorox vs. Church & Dwight Co: Which Is the Better Buy?” published on July 06, 2018 as well as Investorplace.com‘s news article titled: “3 Reasons to Consider Buying Walmart Stock Right Now” with publication date: July 10, 2018.

The Clorox Company (NYSE:CLX) Institutional Positions Chart

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