Clorox (NYSE:CLX) Updates FY 2026 Earnings Guidance

by · The Markets Daily

Clorox (NYSE:CLX – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.950-6.300 for the period, compared to the consensus earnings per share estimate of 5.910. The company issued revenue guidance of $6.4 billion-$6.7 billion, compared to the consensus revenue estimate of $6.5 billion.

Clorox Stock Up 1.5%

CLX stock traded up $1.64 during midday trading on Thursday, hitting $112.18. The company’s stock had a trading volume of 2,046,950 shares, compared to its average volume of 2,233,180. The company’s fifty day moving average price is $103.44 and its 200 day moving average price is $114.96. The company has a debt-to-equity ratio of 18.01, a current ratio of 0.76 and a quick ratio of 0.50. Clorox has a twelve month low of $96.66 and a twelve month high of $164.22. The stock has a market capitalization of $13.68 billion, a P/E ratio of 17.61, a PEG ratio of 0.55 and a beta of 0.58.

Clorox (NYSE:CLX – Get Free Report) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.07. The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Clorox had a return on equity of 358.39% and a net margin of 11.68%.Clorox’s revenue for the quarter was down 18.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.86 EPS. Clorox has set its FY 2026 guidance at 5.950-6.300 EPS. As a group, equities research analysts predict that Clorox will post 7.15 EPS for the current year.

Clorox Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Wednesday, January 28th will be given a dividend of $1.24 per share. The ex-dividend date of this dividend is Wednesday, January 28th. This represents a $4.96 annualized dividend and a dividend yield of 4.4%. Clorox’s payout ratio is 77.86%.

Analyst Upgrades and Downgrades

CLX has been the topic of a number of analyst reports. UBS Group dropped their price objective on Clorox from $119.00 to $115.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. TD Cowen reaffirmed a “hold” rating on shares of Clorox in a research report on Thursday, January 8th. Bank of America decreased their price objective on shares of Clorox from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Clorox from $128.00 to $121.00 and set a “hold” rating on the stock in a report on Tuesday, November 4th. Finally, Zacks Research upgraded Clorox from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. One equities research analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $122.19.

Read Our Latest Stock Analysis on Clorox

Insiders Place Their Bets

In other Clorox news, Director Pierre R. Breber purchased 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were acquired at an average cost of $104.13 per share, for a total transaction of $416,520.00. Following the completion of the purchase, the director owned 13,000 shares of the company’s stock, valued at approximately $1,353,690. The trade was a 44.44% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.63% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Darwin Wealth Management LLC bought a new stake in shares of Clorox during the 2nd quarter valued at approximately $29,000. MUFG Securities EMEA plc acquired a new stake in Clorox in the second quarter valued at approximately $44,000. Caitong International Asset Management Co. Ltd boosted its position in Clorox by 792.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 500 shares of the company’s stock valued at $62,000 after buying an additional 444 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Clorox during the third quarter worth $63,000. Finally, Kelleher Financial Advisors acquired a new position in shares of Clorox during the third quarter worth $76,000. Institutional investors own 78.53% of the company’s stock.

Clorox Company Profile

(Get Free Report)

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.

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