The Clorox Company’s Stock Price Drops to $138.55, Showing a 1.93% Decrease: A Deep Dive into CLX’s Performance

The Clorox Company (CLX)

138.55 USD -2.73 (-1.93%) Volume: 1.26M

The Clorox Company’s stock price is currently at 138.55 USD, experiencing a -1.93% decrease this trading session with a trading volume of 1.26M. Despite the slight fall, the company’s YTD performance remains resilient at a minimal decline of -2.83%, maintaining its strong position in the market.

Latest developments on The Clorox Company

Today’s Clorox Company stock price movements are largely influenced by recent developments in the Trash Bags Market. Forecasts for the period 2024-2031 suggest a significant increase in market size and share, creating a positive outlook for the company. The Clorox Company, a major player in this market, is expected to benefit greatly from this growth, boosting investor confidence and driving stock prices upwards.

The Clorox Company on Smartkarma

Analysts at Baptista Research have been closely covering the Clorox Company on Smartkarma, an independent investment research network. In their research reports, such as “The Clorox Company: A Story Of Innovation-Led Growth” and “The Clorox Company: A Genius Strategy to Crush Digital Transformation and Improve Sales! – Major Drivers,” the analysts have expressed a bullish sentiment towards the company. They highlight the company’s recovery from a cyberattack in August, exceeding earnings expectations, and managing supply chain inflation effectively.

According to Baptista Research, the Clorox Company has managed to exceed revenue and earnings expectations on Wall Street, showcasing strong consumption and market share trends. In their report “The Clorox Company: Managing Supply Chain Inflation and Gross Margins! – Major Drivers,” the analysts delve into a fundamental analysis of the company’s historical financial statements. The research provides valuable insights into Clorox’s performance and strategies in navigating challenges such as the cyberattack and supply chain inflation.

A look at The Clorox Company Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Clorox Company has a strong dividend score of 5, indicating that the company is performing well in terms of paying out dividends to its shareholders. This is a positive sign for investors looking for stable returns. However, the company’s value, growth, resilience, and momentum scores are moderate, ranging from 2 to 4. This suggests that while Clorox Company may not be the top performer in these areas, it still maintains a decent overall outlook.

The Clorox Company, known for its household cleaning and bleach products, has received varying scores across different factors according to Smartkarma Smart Scores. With a strong dividend score of 5, investors can expect consistent returns from the company. While Clorox Company‘s value, growth, resilience, and momentum scores are not as high, ranging from 2 to 4, the company still remains a solid player in the market. Overall, Clorox Company‘s diverse product portfolio and global presence position it well for long-term success.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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