The Clorox Company (CLX): What the weekly performance showing

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The Clorox Company (NYSE:CLX) changes shares on Tuesday trading session, with a change of -1.62% or -$3.52 shares. The trading starts at $217.07 and closed at $216.90 throughout the day. The trading session low price was $212.92 and day high was $217.94 on Tuesday, June 23. After the session, the Consumer Defensive sector daily volume shifted to 1.51 million while its average volume is 2.09M. In other hand, the CLX market cap reached to $26.50B. While, its current target price is $213.38 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 2.23% and up 7.45% for month. Its quarterly performance was 26.77% above, while its half year performance is up 39.77%. CLX yearly performance stood at positive 37.48% and rise 38.97% for year-to-date. Current recommendation for The Clorox Company is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CLX EPS (TTM) for 12-month is 6.82. EPS for this year is 12.00%, while for the next year its value is 7.13. Sales growth for the current quarter is 5.74 while its EPS Q/Q reached 31.90%. It has an EPS of 7.50% up for past five years and for the next five years will be up 5.45%.

Let’s take a look on the analyst recommendations on CLX for the current month and previous month. For the current month, 3 of 15 analysts recommend stock as Buy while 5 as Sell, 0 as overweight, 0 as underweight and 7 as Hold. As compared with the previous month ratings, 15 analysts participate in stock recommendation. Out of 15, 4 rated it sell, 3 rated it as Buy and 7 as Hold Ratings. On the other hand, target price ranges from $160.00-$215.00. Average target price for CLX was reached at $186.23.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in The Clorox Company (CLX) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 15.95 million shares which valued 2.76 billion. On Mar 30, 2020, Blackrock Inc. owned 11.55 million shares which valued at 2.0 billion. On Mar 30, 2020, State Street Corporation has a total of 8.28 million shares which valued at 1.43 billion. In the end, State Street Corporation have 6.58% shares outstanding of The Clorox Company (CLX) on Mar 30, 2020. The insider ownership moved to 0.20% and institutional holding shifted to 82.30%.

The company posted an EPS (TTM) of 6.82. According to the most recent quarter report on (Jun 2020), 13 analysts estimated an average EPS of 1.94, while 1.88 EPS posted a year ago period. Analyst Estimated EPS for CLX published in the report was 1.84-2.03 during the same period. Comparing with last year, the average estimated EPS was 1.88 which is lower than 1.89 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CLX rise 26.49% for period of 200 days. SMA for 50 days was 6.33% which is showing green signal, while SMA-20 was 3.50%. The moving average value for The Clorox Company (CLX) is 177.38 and 204.97 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CLX stock. On Jun 08, GARNER DENISE, SVP – Chief Innovation Officer, sold 25,832 trading shares at the cost of $197.62, which valued at 5.1 million. On May 13, Jacobsen Kevin B, EVP – Chief Financial Officer, sold 15,066 shares at the cost of $206.59, with total shares of 9,971. On May 11, Bailey William S, SVP – Corporate Business Dev, sold 7,969 shares at the cost of 207.53. After this transaction, Bailey William S total shares reached to 7,203 which valued at 1.65 million.