Clorox stock: buy or sell?
Updated on:
February 26th, 2020
5
The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International.
Should I buy Clorox stock?
You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.These 2 buy setups are elegible for Clorox stock right now:
| Buy setup | Elegible |
|---|---|
| New all-time high | Yes |
| New 52 week high | Yes |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Clorox stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.
Unfortunately, we couldn't find any rating for CLX stock for the last month.Clorox stock analysis
Daily outlook
After reaching all time highs yesterday, Clorox stayed constant 0.11% to $168.03.
After reaching all time highs yesterday, Clorox stayed constant 0.11% to $168.03. On January CLX price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. From a daily perspective, CLX is in a short term uptrend after plotting its last bottom ($163.59, on Thursday) higher than the previous bottom, and its last top ($169.73, yesterday) also over the previous top. Now trading in between its last bottom and last top CLX might consolidate in a plain range, waiting to break out over $169.73 or down under $163.59. Yesterday, CLX hit new all time highs, pushing higher previous ATH of $168.96 recorded on Feb 10th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Weekly outlook
Clorox closed this week at $168.03 after marking a new all time high ($169.73) and inched a beatiful 2.06%. Early February CLX boosted a wonderful 5.37% in just one week.
Clorox stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since mid December 2019 when CLX stock price broke up the SMA40w line, it gained $17.34 (11.51%).
Clorox stock price history
Clorox stock historical price chart
CLX stock reached all-time highs yesterday with a price of $169.73.
Clorox stock price target
How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for Clorox stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
After posting its last earnings report on April, Clorox . Unfortunately, reported EPS is not yet available in our database.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 1.53 | n/a |
| 2017-Q3 | 2017-11-01 | 1.42 | 1.46 | 2.8% |
| 2017-Q4 | 2018-02-02 | 1.23 | 1.77 | 43.9% |
| 2018-Q1 | 2018-05-02 | 1.3 | 1.37 | 5.4% |
| 2018-Q2 | 2018-08-02 | 1.58 | 1.66 | 5.1% |
| 2018-Q3 | 2018-10-31 | 1.59 | 1.62 | 1.9% |
| 2018-Q4 | 2019-02-04 | 1.32 | 1.4 | 6.1% |
| 2019-Q1 | 2019-04-30 | 1.46 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
Compared to 2017, last anual sales report draw a slightly good growth of 2.53% to $6,124.00 M USD. When comparing 2018 vs 2017, in the same way, profit margin (that is, the net income divided by revenues) raised a 1.70% to 13.44%. Clorox fiscal year ends in June, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Clorox TTM sales up to March 2019 were $6,278.00 and income $796.00 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Clorox business evolution since June 2018: Annual revenues up to March, compared to lastest yearly report, gained a slightly good 2.51%. Nevertheless, profit margin (net income/sales) remained steady at 13.44%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $5,620 M | - | $574 M10.2% | - |
| 2014 | $5,510 M | -1.96% | $579 M10.5% | 0.87% |
| 2015 | $5,655 M | 2.63% | $580 M10.3% | 0.17% |
| 2016 | $5,761 M | 1.87% | $648 M11.2% | 11.72% |
| 2017 | $5,973 M | 3.68% | $701 M11.7% | 8.18% |
| 2018 | $6,124 M | 2.53% | $823 M13.4% | 17.40% |
| TTM | $6,278 M | 2.51% | $796 M12.7% | -3.28% |
Quarterly financial results
Clorox reported $1,551.00 M in revenues for 2019-Q1, a 5.30% improvement compared to previous quarter. Reported quarter income marked $187.00 million with a profit margin of 12.06%. Profit margin remained stable a -0.30% compared to previous quarter when profit margin was 12.36%. When comparing revenues to same quarter last year, Clorox sales marked a tiny increase and inched a 2.24%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $1,650 M | - | $202 M12.2% | - |
| 2017-Q3 | $1,500 M | -9.09% | $192 M12.8% | -4.95% |
| 2017-Q4 | $1,416 M | -5.60% | $233 M16.5% | 21.35% |
| 2018-Q1 | $1,517 M | 7.13% | $181 M11.9% | -22.32% |
| 2018-Q2 | $1,691 M | 11.47% | $217 M12.8% | 19.89% |
| 2018-Q3 | $1,563 M | -7.57% | $210 M13.4% | -3.23% |
| 2018-Q4 | $1,473 M | -5.76% | $182 M12.4% | -13.33% |
| 2019-Q1 | $1,551 M | 5.30% | $187 M12.1% | 2.75% |
Clorox ownership
When you are planning to buy shares of a stock, it's worth to review its ownership structure.Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Clorox, 0.11% of all outstanding shares are owned by its staff.
Bearish positions for CLX stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related stocks:
| CLX | |
|---|---|
| Market cap | $21.0 B |
| Total shares | 125.1 M |
| Float shares | 124.8 M |
| - Institutional holdings (%) | 82.9% |
| - Insider holdings (%) | 0.1% |
| Shares in short selling | 0.0% |
Clorox summary
| Wednesday, February 26th, 2020 | |
|---|---|
| Open | $167.91 |
| Close | $168.03 |
| Day range | $166.52 - $168.93 |
| Previous close | $167.85 |
| Session gain | 0.11% |
| Average true range | $2.20 |
| 50d mov avg | $157.45 |
| 100d mov avg | $152.44 |
| 200d mov avg | $152.87 |
| Daily pattern | lt06a |
| Weekly pattern | lt06a |
Clorox performance
Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We chose as the bechmarking frame for Clorox stock.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| CLXClorox | 14.11% | 7.70% | 9.33% |
Clorox competitors
Unfortunately, we could not find any public company that could be defined as Clorox competitor. This doesn't mean Clorox does not have any competitor in the market, it's just we could not detected it.Latest Clorox stock news
- InvestorPlace3 Big Stock Charts for Monday: Davita, Clorox and Expedia GroupMay 20, 2019
- InvestorPlaceThe Clorox Company Earnings: Why CLX Stock Is Sliding Lower TodayMay 1, 2019
- Seeking AlphaDividend Pros: The Clorox CompanyFebruary 25, 2019
- Seeking AlphaClorox As A Defensive Stock Looks Solid And Accordingly PricedJanuary 17, 2019
- InvestorPlaceDon’t Buy the Headlines or Clorox Stock at All Right NowNovember 30, 2018