
NYSE:CLX
This summary was created by AI, based on 3 opinions in the last 12 months.
Clorox Company (CLX-N) is currently facing significant challenges, evidenced by a notable decline of over 30% this year, despite its historic reputation for stability and consistent dividend growth. Reviewers highlight that the company offers a competitive dividend yield of around 5%, which has been consistently increased for 24 years, making it attractive for income-focused investors. However, market perceptions of its performance are mixed; while it was buoyed by factors like attractive valuations relative to historical earnings multiples, economic concerns, such as inflation and dependency on oil prices, have led to market volatility. Despite a brief surge of 26% in early February, external factors including geopolitical tensions have weighed heavily on the stock, prompting doubts about brand loyalty in a climate of rising costs for consumers. As earnings attempt a recovery trajectory of 6-8%, investor confidence remains uncertain ahead of the upcoming earnings report.
She bought it because it trades at 16x vs. historically 18-20x, and pays a safe 4.9% dividend which has increased for 24 years in company history. Rocked by Covid, only now are earnings are finding a consistent trajectory of 6-8% earnings growth with dividend growth. From Jan.1 to Feb. 9, shares jumped 26%, but shares fell when the Iran war began, because many of their products rely on oil. Whenever the oil price goes down, these shares go up. Also, it's AI proof.
Clorox Company is a American stock, trading under the symbol CLX (previously CLX-N on Stockchase) on the New York Stock Exchange (CLX). It is usually referred to as NYSE:CLX or CLX
In the last year, 1 stock analyst published opinions about CLX (previously CLX-N on Stockchase). 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Clorox Company.
Clorox Company was recommended as a Top Pick by Jim Cramer - Mad Money on 2021-04-30. Read the latest stock experts ratings for Clorox Company.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Clorox Company in the last year. It is a trending stock that is worth watching.
On 2026-06-10, Clorox Company (CLX) stock closed at a price of $99.32.