News articles about Clorox Company (The) (NYSE:CLX) have trended somewhat positive this week, AlphaOne Sentiment Analysis reports. The research firm, a service of Accern, identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Clorox Company (The) earned a news impact score of 0.11 on AlphaOne’s scale. AlphaOne also gave media stories about the company an impact score of 63 out of 100, indicating that recent media coverage is somewhat likely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Alpha One Sentiment’s rankings:
- Cabin of late Burt’s Bees founder at N.C. HQ to open for tours (PHOTOS) (bizjournals.com)
- Zep (ZEP) vs. Clorox Company (The) (CLX) Critical Review (americanbankingnews.com)
- As Clorox Co (CLX) Share Price Declined, Smith Asset Management Group LP Has Cut by $45.68 Million Its Position … – BZ Weekly (bzweekly.com)
- Is The Walt Disney Company (DIS) a good buy? (cote-ivoire.com)
- The Clorox Company (CLX) Presents At Deutsche Bank Global Consumer Conference – Slideshow (seekingalpha.com)
A number of research firms recently commented on CLX. Royal Bank of Canada set a $115.00 price objective on shares of Clorox Company (The) and gave the company a “hold” rating in a research note on Tuesday, March 21st. J P Morgan Chase & Co assumed coverage on shares of Clorox Company (The) in a research report on Tuesday, March 21st. They issued a “neutral” rating and a $136.00 price target on the stock. Vetr lowered shares of Clorox Company (The) from a “buy” rating to a “hold” rating and set a $139.67 price target on the stock. in a research report on Tuesday, April 18th. Jefferies Group LLC started coverage on shares of Clorox Company (The) in a research note on Tuesday, April 18th. They issued a “hold” rating and a $138.00 price objective for the company. Finally, Zacks Investment Research raised shares of Clorox Company (The) from a “hold” rating to a “buy” rating and set a $151.00 price objective for the company in a research note on Wednesday, April 5th. Eleven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $128.97.
Clorox Company (NYSE:CLX) traded down 0.47% during midday trading on Friday, hitting $139.50. 1,067,964 shares of the company traded hands. Clorox Company has a 12-month low of $111.24 and a 12-month high of $140.55. The firm has a market capitalization of $17.97 billion, a PE ratio of 27.56 and a beta of 0.41. The stock’s 50-day moving average is $134.35 and its 200-day moving average is $129.41.
Clorox Company (The) (NYSE:CLX) last posted its earnings results on Wednesday, May 3rd. The company reported $1.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.30 by $0.01. Clorox Company (The) had a net margin of 11.22% and a return on equity of 215.99%. The firm had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the prior year, the business posted $1.21 EPS. The business’s revenue was up 3.6% compared to the same quarter last year. Analysts anticipate that Clorox Company will post $5.31 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 4th. Stockholders of record on Wednesday, July 19th will be paid a $0.84 dividend. This is a positive change from Clorox Company (The)’s previous quarterly dividend of $0.80. This represents a $3.36 annualized dividend and a dividend yield of 2.41%. Clorox Company (The)’s dividend payout ratio is presently 63.12%.
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Clorox Company (The) Company Profile
The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International.
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