Skip to main content

Market Overview

Clorox Q4 Earnings Analyst Roundup

Share:

Clorox (NYSE: CLX) on Friday reported its fiscal fourth quarter earnings. In response, a number of analysts have published reports Monday morning describing their revised outlook for the company.

For the quarter, Clorox reported revenue of $1.51 billion compared to a $1.52 billion consensus and an EPS of $1.30 compared to a consensus of $1.38.

B. Riley - Neutral, $77
"Clorox is over-valued based on fundamentals, in our view.

B. Riley lowered its fiscal-year 2015 EPS estimated from $4.48 to $4.40 and its calendar-year 2015 EPS from $4.64 to $4.55.

Deutsche Bank - Hold, $90
"Facing the same weak consumption trends and high promotional activity, made worse by distribution and share losses, company has clearly hit a soft patch and is looking for ways to reverse sobering recent trends. While company's proven strategy of winning bug in smaller categories remains compelling, we believe stock is fairly valued relative to growth prospects with competition showing few signs of letting up."

Morgan Stanley - Underweight, $83
"We view Clorox as clearly overvalued relative to near-term EPS risk with weak category growth and a competitive environment, as well as long-term with muted growth potential given its skew to lower growth geographies and product categories."

Credit Suisse - Underperform, $78
"Fiscal-year 2014 was a challenging year for Clorox and the company finished the year with a modestly disappointing result as EPS fell $0.05 short of expectations and organic sales growth was only 0.5 percent."

Shares of Clorox traded recently at $86.74, down 2.7 percent.

Latest Ratings for CLX

DateFirmActionFromTo
Feb 2022DA DavidsonMaintainsNeutral
Feb 2022BarclaysMaintainsUnderweight
Feb 2022Morgan StanleyMaintainsUnderweight

View More Analyst Ratings for CLX

View the Latest Analyst Ratings

 

Related Articles (CLX)

View Comments and Join the Discussion!

Posted-In: B. Riley & Co. Credit Suisse Deutsche BankAnalyst Color Earnings Price Target Reiteration Analyst Ratings

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com