Zacks Research Issues Negative Estimate for Clorox Earnings

The Clorox Company (NYSE:CLX) – Investment analysts at Zacks Research cut their Q1 2027 EPS estimates for Clorox in a report issued on Monday, August 17th. Zacks Research analyst Team now anticipates that the company will earn $1.02 per share for the quarter, down from their previous estimate of $1.28. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Clorox’s current full-year earnings is $5.80 per share.

Clorox (NYSE:CLX) last released its quarterly earnings results on Monday, August 3rd. The company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.02. Clorox had a return on equity of 522.23% and a net margin of 8.74%.The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter last year, the firm posted $2.87 EPS. The company’s revenue was down 2.0% compared to the same quarter last year. Clorox has set its FY 2027 guidance at 5.700-6.000 EPS.

A number of other research analysts have also recently commented on the company. Jefferies Financial Group cut Clorox from a “buy” rating to a “hold” rating and reduced their target price for the company from $125.00 to $98.00 in a research note on Tuesday, July 28th. Wall Street Zen cut shares of Clorox from a “hold” rating to a “sell” rating in a research report on Saturday. Morgan Stanley reduced their target price on shares of Clorox from $110.00 to $97.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. Wells Fargo & Company raised their price objective on Clorox from $95.00 to $102.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 4th. Finally, Barclays reiterated an “underweight” rating and issued a $84.00 price objective on shares of Clorox in a research report on Tuesday, August 4th. Twelve investment analysts have rated the stock with a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $102.40.

Clorox Price Performance

CLX stock opened at $105.86 on Wednesday. The firm has a 50 day simple moving average of $98.44 and a two-hundred day simple moving average of $103.17. The stock has a market cap of $12.80 billion, a PE ratio of 21.96, a P/E/G ratio of 3.15 and a beta of 0.54. Clorox has a one year low of $84.70 and a one year high of $128.90. The company has a debt-to-equity ratio of 15.80, a current ratio of 0.66 and a quick ratio of 0.38.

Institutional Investors Weigh In On Clorox

A number of large investors have recently added to or reduced their stakes in the stock. Caitlin John LLC grew its holdings in shares of Clorox by 1,807.1% in the fourth quarter. Caitlin John LLC now owns 267 shares of the company’s stock worth $27,000 after acquiring an additional 253 shares during the period. Ancora Advisors LLC bought a new position in Clorox in the second quarter valued at about $28,000. Avalon Trust Co purchased a new position in Clorox in the second quarter worth about $29,000. Darwin Wealth Management LLC purchased a new position in Clorox in the second quarter worth about $29,000. Finally, Root Financial Partners LLC grew its stake in shares of Clorox by 83.8% during the 1st quarter. Root Financial Partners LLC now owns 318 shares of the company’s stock valued at $33,000 after purchasing an additional 145 shares during the period. Institutional investors own 78.53% of the company’s stock.

Clorox Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Wednesday, August 12th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 4.7%. This is a boost from Clorox’s previous quarterly dividend of $1.24. The ex-dividend date of this dividend is Wednesday, August 12th. Clorox’s payout ratio is 103.73%.

Clorox News Summary

Here are the key news stories impacting Clorox this week:

• Positive Sentiment: Zacks Research raised its estimates for Clorox’s third-quarter 2027 EPS to $1.62 from $1.57 and fourth-quarter 2027 EPS to $1.82 from $1.71. It also modestly increased estimates for the third and fourth quarters of 2028 and projects FY2029 EPS of $6.89, indicating some longer-term earnings potential. Zacks Research Clorox estimates
• Neutral Sentiment: Clorox’s relatively high dividend yield remains attractive to income-oriented investors, although the company has been cautious with dividend increases. The comparison with Church & Dwight highlights CLX’s stronger current income but slower dividend-growth profile. Two Consumer Staples, Two Dividend Strategies
• Negative Sentiment: Zacks Research retained a “Strong Sell” rating and reduced its FY2027 EPS forecast to $5.82 from $6.00 and FY2028 EPS to $6.23 from $6.36. Estimates were also cut for the second quarter of 2027 and the first and second quarters of 2028, offsetting the increases elsewhere and signaling uneven earnings momentum. Zacks Research earnings estimates
• Negative Sentiment: An analyst cited declining sales for Hidden Valley Ranch as consumers become more cautious about buying salad ingredients amid a cyclospora outbreak. The development raises concerns about near-term demand for one of Clorox’s important brands. Hidden Valley Ranch dressing may be a victim of this summer’s salad scare

About Clorox

The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company’s flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.

Clorox’s diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.