The Clorox Company (CLX) – A Trader’s Perspective

Bailey William S, SVP – Corporate Business Dev, subtracted 4,582 shares of The Clorox Company (CLX) from its portfolio at the rate of $159.14 per share valuing $729,160 on Jun 07. The insider left behind 4,301 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of The Clorox Company (CLX) was $155.98. Currently, the 1st Resistance Point for this stock is $157.69, with a 2nd Resistance Point sitting at $159.39. Meanwhile, this company’s stock has a 1st Support Level at $154.44 and a 2nd Support Level at $152.89. The Clorox Company (CLX) stock has lost -$2.98, or -1.87%, in the past five days. In the last full month, these shares have gained $6.84, or 4.59%. In the past three months, this stock’s price has fallen by -$4.15, or -2.59%. This year-to-date, The Clorox Company (CLX) shares have gained $1.84, or 1.19%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For The Clorox Company (CLX) stock, 20% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”

With 127,368 K shares outstanding, this company currently has a market capitalization of $19,986,584K. The Clorox Company (CLX) generates $6,124 M in annual sales, amounting to annual net income of $823,000 K. This stock has generated a 1-Year Total Return of 22.83%, a 3-Year Total Return of 17.84%, and a 5-year Total Return of 70.08%. This stock’s 5-Year Dividend Growth is 35.94%, with its most recent dividend valued at $0.960 per share on 04/23/19. Its Annual Dividend Yield is 2.46%, and its Annual Dividend Rate is 3.84.

In the most recently-reported fiscal quarter, which ended in Mar-19, The Clorox Company (CLX) reported earnings of $1.44 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.45 per share, representing a -0.01 difference and 0.74% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.40 represented a 0.1 difference from the consensus estimate calling for $1.30 per share, which was a 7.52% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.85 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was $1.86 and the low estimate was $1.82. In the year-ago quarter, The Clorox Company (CLX) generated per-share earnings of $1.66. If the analysts are correct about the current quarter’s earnings, the growth will be +11.45% .

Turning our focus now to insider trading activity, there have been 4 purchases (32,501 shares in total) and 5 sale (31,355 shares in total) in the last 3 months. In the last 6 months, there have been 17 insider buys amounting to 119,385 shares and 15 insider sales amounting to 107,147 shares. In the past full year, 66 insider purchases were made (involving 535,873 shares) and 58 insider sell-offs equivalent to 464,366 shares.

Moving onto liquidity, The Clorox Company (CLX) has a Current Ratio of 1.09, a Quick Ratio of 0.67 and a Cash Ratio of 0.12. Looking at this company’s capital structure, its Total Debt to Total Equity is 342.01, its Total Debt to Total Capital is 77.38, and its Total Debt to Total Assets is now 49.07. Looking even further ahead into the future, its Long-Term Debt to Equity is 314.60 and its Long-Term Debt to Total Capital is 71.17.