Analysts See $1.58 EPS for The Clorox Company (CLX)

October 14, 2018 - By Marguerite Chambers

The Clorox Company (NYSE:CLX) LogoInvestors sentiment increased to 1 in Q2 2018. Its up 0.15, from 0.85 in 2018Q1. It is positive, as 42 investors sold The Clorox Company shares while 246 reduced holdings. 68 funds opened positions while 221 raised stakes. 96.82 million shares or 3.44% more from 93.60 million shares in 2018Q1 were reported.
Estabrook Cap Mgmt, a New York-based fund reported 185 shares. Sequoia Fincl Advsr Ltd Liability Co reported 3,641 shares. 79,000 were accumulated by Andra Ap. Ameritas Inv invested in 0.2% or 30,538 shares. Carroll accumulated 3,236 shares. 694 are held by Parkside Comml Bank And Trust. Fulton Breakefield Broenniman reported 1.86% of its portfolio in The Clorox Company (NYSE:CLX). Gofen Glossberg Lc Il stated it has 5,129 shares. Earnest Lc has 65 shares. Horizon Invests Llc reported 0.07% in The Clorox Company (NYSE:CLX). Old Natl Fincl Bank In holds 0.17% of its portfolio in The Clorox Company (NYSE:CLX) for 24,419 shares. Williams Jones Assocs Ltd Com has invested 0.01% in The Clorox Company (NYSE:CLX). Sumitomo Mitsui Asset Mngmt Com holds 0.02% or 9,706 shares. Teacher Retirement Sys Of Texas invested in 26,261 shares. Cambridge Advsr Inc reported 31,365 shares.

Since August 13, 2018, it had 0 insider buys, and 5 selling transactions for $4.20 million activity. $56,657 worth of The Clorox Company (NYSE:CLX) shares were sold by Rendle Linda J. 3,354 shares were sold by Balousek Jon M, worth $485,409 on Wednesday, August 29. $1.30M worth of The Clorox Company (NYSE:CLX) was sold by Costello Michael R. on Monday, August 13. Willoughby Dawn C had sold 3,387 shares worth $501,309.

Analysts expect The Clorox Company (NYSE:CLX) to report $1.58 EPS on November, 7.They anticipate $0.12 EPS change or 8.22 % from last quarter’s $1.46 EPS. CLX’s profit would be $201.75M giving it 22.92 P/E if the $1.58 EPS is correct. After having $1.66 EPS previously, The Clorox Company’s analysts see -4.82 % EPS growth. The stock increased 1.87% or $2.66 during the last trading session, reaching $144.84. About 1.07 million shares traded. The Clorox Company (NYSE:CLX) has risen 11.26% since October 14, 2017 and is uptrending. It has underperformed by 4.36% the S&P500.

The Clorox Company (NYSE:CLX) Ratings Coverage

Among 10 analysts covering Clorox (NYSE:CLX), 2 have Buy rating, 4 Sell and 4 Hold. Therefore 20% are positive. Clorox had 12 analyst reports since April 19, 2018 according to SRatingsIntel. As per Thursday, May 3, the company rating was maintained by BMO Capital Markets. The stock of The Clorox Company (NYSE:CLX) earned “Neutral” rating by Bank of America on Thursday, May 3. The company was downgraded on Wednesday, October 10 by Deutsche Bank. As per Wednesday, July 18, the company rating was downgraded by Goldman Sachs. The rating was maintained by Morgan Stanley with “Underweight” on Thursday, May 3. On Tuesday, September 25 the stock rating was upgraded by Argus Research to “Buy”. The rating was downgraded by Morgan Stanley on Thursday, April 19 to “Sell”. The stock of The Clorox Company (NYSE:CLX) has “Hold” rating given on Thursday, April 19 by Wells Fargo. As per Friday, May 4, the company rating was maintained by Citigroup. As per Monday, July 16, the company rating was maintained by Bank of America.

The Clorox Company manufactures and markets consumer and professional products worldwide. The company has market cap of $18.50 billion. It operates through four divisions: Cleaning, Household, Lifestyle, and International. It has a 23.14 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 important recent The Clorox Company (NYSE:CLX) news were published by: Seekingalpha.com which released: “Buy Clorox At $140 – Cramer’s Lightning Round (10/3/18)” on October 04, 2018, also Seekingalpha.com published article titled: “Target to launch new discount brand”, Globenewswire.com published: “Market Trends Toward New Normal in Antero Resources, SunPower, The Clorox, CECO Environmental, Fortinet, and …” on October 12, 2018. More interesting news about The Clorox Company (NYSE:CLX) was released by: Benzinga.com and their article: “Fresh And Clean: Argus Upgrades Clorox On Innovative Growth” with publication date: September 25, 2018.

The Clorox Company (NYSE:CLX) Institutional Positions Chart

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