Market experts has given a mean price target of $127.55 to Clorox Company (The) (NYSE:CLX) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $1.25 for the near-term quarter and $5.49 for this year.
The technical assessment of Clorox Company (The) Common Sto pinpoints that the 50-day moving average of Clorox Company (The) (NYSE:CLX) stock is $128.98, and is trading $-2.45 points away or -1.90% from 50-day moving average of $128.98. It is trading $-3.53 or -2.71% off 200-day MA of $130.06.
The 52-week high of Clorox Company (The) (NYSE:CLX) was $140.47 while $113.37 is the low point in the same period. Clorox Company (The) Common Sto share price has to rise more than $-13.94 to register a high for 52-weeks or drop +11.61% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Clorox Company (The) (NYSE:CLX) P/E ratio is 25.72 while PEG ratio is at 2.90. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Clorox Company (The) Common Sto stock recorded a close of $126.53 in last trading session, which brings it market cap to $16.38B.
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