Clorox (NYSE:CLX) Releases FY 2025 Earnings Guidance

Clorox (NYSE:CLX) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.550-6.800 for the period, compared to the consensus earnings per share estimate of 6.450. The company issued revenue guidance of $7.0 billion-$7.1 billion, compared to the consensus revenue estimate of $7.3 billion. Clorox also updated its FY25 guidance to $6.55-$6.80 EPS.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CLX shares. Barclays cut their target price on Clorox from $132.00 to $122.00 and set an underweight rating for the company in a research report on Friday, July 19th. JPMorgan Chase & Co. cut their price objective on Clorox from $150.00 to $148.00 and set a neutral rating for the company in a report on Friday. Evercore ISI lowered their target price on Clorox from $145.00 to $142.00 and set an underperform rating on the stock in a report on Wednesday, May 1st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Clorox from $144.00 to $151.00 and gave the stock a hold rating in a research report on Friday. Finally, Argus upgraded shares of Clorox to a hold rating in a research report on Tuesday, June 4th. Six equities research analysts have rated the stock with a sell rating and thirteen have given a hold rating to the company. According to MarketBeat, Clorox presently has a consensus rating of Hold and an average target price of $141.44.

Clorox Trading Up 7.4 %

Clorox stock traded up $9.95 during mid-day trading on Friday, hitting $144.09. 2,902,055 shares of the company’s stock were exchanged, compared to its average volume of 1,222,022. Clorox has a fifty-two week low of $114.68 and a fifty-two week high of $169.14. The company has a quick ratio of 0.53, a current ratio of 0.90 and a debt-to-equity ratio of 9.73. The firm has a market capitalization of $17.89 billion, a P/E ratio of 74.66, a PEG ratio of 1.97 and a beta of 0.39. The company’s 50 day simple moving average is $133.90 and its 200-day simple moving average is $142.39.

Clorox Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th will be paid a $1.22 dividend. This is an increase from Clorox’s previous quarterly dividend of $1.20. The ex-dividend date is Tuesday, August 13th. This represents a $4.88 annualized dividend and a dividend yield of 3.39%. Clorox’s dividend payout ratio (DPR) is currently 248.71%.

About Clorox

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States.