Stock To Watch: Clorox Company (The) (NYSE:CLX)


The leading market experts have placed a mean price target of $128.09 on Clorox Company (The) (NYSE:CLX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.25 a share for the upcoming quarter and $5.49 for the current fiscal.

Technical View

The technical analysis of Clorox Company (The) Common Sto plainly substantiates that the 50-day moving average of Clorox Company (The) Common Sto is $134.36, and stock is trading $-3.70 points away or -2.76% from its 50-day moving average of $134.36. Further it is trading $0.59 or +0.45% away its 200-day moving average of $130.07. Clorox Company (The) (NYSE:CLX) 52-week high is $140.47 and the 52-week low is $106.00.

This explains if the stock moves $-9.81, it will post a 52-week high. In event of +23.26% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Clorox Company (The) Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Clorox Company (The) (NYSE:CLX) ratio came in at 26.56.

The stock last ended the trading session at $130.66 and registered a market cap of $16.92B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Clorox Company (The) (NYSE:CLX) PEG ratio is at 3.01.

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