CLX - The Clorox Company

NYSE - Nasdaq Real Time Price. Currency in USD
152.83
-1.38 (-0.89%)
As of 11:13AM EDT. Market open.
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Previous Close154.21
Open154.61
Bid152.75 x 1200
Ask152.82 x 800
Day's Range152.54 - 154.61
52 Week Range141.53 - 167.70
Volume392,105
Avg. Volume941,300
Market Cap19.021B
Beta (3Y Monthly)0.59
PE Ratio (TTM)24.18
EPS (TTM)6.32
Earnings DateOct 29, 2019 - Nov 4, 2019
Forward Dividend & Yield4.24 (2.75%)
Ex-Dividend Date2019-07-30
1y Target Est151.60
Trade prices are not sourced from all markets
  • 7 Consumer Stocks to Buy in an Uncertain Market
    InvestorPlace

    7 Consumer Stocks to Buy in an Uncertain Market

    Despite the Dow Jones Industrial Average enjoying a robust start to September, investors should remain leery. Aside from the ongoing U.S.-China trade war, we have the Brexit drama in the U.K. that could turn out ugly. Additionally, Germany is on the brink of a recession, if it's not there already. Logically, this doesn't bode well for certain market segments like consumer stocks to buy.If you've been paying attention to the global economy and not just our own indices, you'll appreciate that a cautious approach to investing is best. Early this year, South China Morning Post contributor David Brown suggested that international central banks must act quickly to quiet troubling economic conditions. Because that action apparently didn't happen, we're probably going to suffer some slowdown. Thus, consumer stocks levered to discretionary spending are suspect.However, I'm still interested in specific names of this far-reaching segment. While spending will likely slow over the next few months, it won't stop outright. Recession or not, people must make certain purchases, which means secular-industry consumer stocks to buy are very much in play.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, I'm eyeing some companies that have a vice element. Although it's an incredibly cynical argument, let's face reality: vice tends to go up during economic hardships. For example, imbibing overall increased during the Great Recession, likely as a stress-coping mechanism. * 8 Dividend Stocks to Buy for a Recession Here are seven consumer stocks to buy that can outlast the coming recession. Coca-Cola (KO)Source: Soloviov Vadym / Shutterstock.com For several years, shares of Coca-Cola (NYSE:KO) languished in largely sideways trading. In retrospect, part of that probably had to do with the generally strong market and economic dynamics at the time. For example, in a robust bull market, a name like KO stock doesn't necessarily appeal to you. That's especially the case when you have high-flying technology companies competing for your attention.Now, the situation is different. Sure, KO stock is considered one of many consumer stocks, and in a downturn, consumers will reduce their spending. But as I mentioned earlier, they won't kill all consumptive behaviors, but rather, are more mindful of their expenditures. Here, Coca-Cola products are compelling because they offer a treat, a nice distraction away from stressful events or circumstances.And let's not forget that any form of cheap entertainment or distraction carries a premium in a recession. That was one of the main arguments supporting KO stock in the last major downturn. I believe a similar dynamic will support Coca-Cola in the next one. Campbell Soup (CPB)Source: HeinzTeh / Shutterstock.com While many investors have tuned into the Coca-Cola story this year, another name among consumer stocks to buy has made ripples, but perhaps without the same level of attention. Shares of Campbell Soup (NYSE:CPB) have soared this year, gaining over 45%. You'd have to go back quite a ways to when a bowl of soup was this interesting. Yet CPB stock might have room to fly.First, as strange as it is to say this, a recession would really help the case for CPB stock. If the economy slows, consumers will invariably whittle down their discretionary spending. Thus, the family budgeting for going out to eat should decline sharply. In addition, a particularly troublesome recession could see consumers cutting their personal budgets down to the bare essentials.Guess what? Campbell Soup is the bare essentials. * 7 U.S. Stocks to Buy With Limited Trade War Exposure Second, I like the fact that, like KO, CPB stock pays a dividend. And with a current yield of 3%, it gives concerned investors some buffer against potential volatility. Clorox (CLX)Source: Mike Mozart via Flickr (Modified)In the first two consumer stocks to buy, I featured consumables in the literal since. But with Clorox (NYSE:CLX), most of their products are not things you want to put in your mouth. That said, you might want to consider putting CLX stock in your portfolio. Let's take a look at some of the basics.For starters, most folks know the Clorox brand name as a household cleaning supply specialist. Here, the argument is simple: even in a recession, you've got to keep yourself and your environment clean. An ounce of prevention is worth a pound of cure or more, especially with current healthcare prices.And this logic for CLX stock extends beyond human use. One of Clorox's brands is Fresh Step, which is a popular cat litter brand. Americans love their pets, often changing their lifestyles to accommodate their furry friends.Finally, CLX stock isn't just about cleaning nowadays. Through the Hidden Valley brand, Clorox has some exposure to the food industry. Additionally, its Burt's Bees division offers lucrative personal care revenue opportunities. Costco Wholesale (COST)Source: Helen89 / Shutterstock.com I'll admit that I struggled with whether to include Costco Wholesale (NASDAQ:COST) in this list of consumer stocks to buy. In a bull market, COST stock makes sense. Although it charges a membership fee, customers are more than willing to pay it. Indeed, mainstream comedies like Employee of the Month confirm that Costco is both a cultural and retail phenomenon.But will shoppers be willing to dish out money for the membership dues -- and the 800 gallons of mayonnaise -- in a bear market? After all, people don't just shop at Costco for the necessities. They also go there to buy ultra-high definition TVs and the latest digital gadgets. Plus, not everything in Costco is a great deal. In a downturn, that doesn't support the case for COST stock. * 10 Companies Making Their CEOs Rich However, here's an important stat to remember: $100,000. That's how much money the typical Costco shopper earns in a year. In contrast, the typical Walmart (NYSE:WMT) shopper earns a much lower $56,482. Thus, in a downturn, Costco's revenue stream is more resilient than its competitors, driving the case for COST stock. Genuine Parts Company (GPC)Source: Shutterstock If we do incur a serious recessionary crisis, consumers will most likely abandon high-dollar, longer-term purchases. That's an incredibly longwinded way of saying most folks probably won't shell out money for new cars. In turn, economic hardship will incentivize people to hold onto their vehicles longer. Invariably, this benefits Genuine Parts Company (NYSE:GPC) and GPC stock.Now, Genuine Parts may not be a household name. However, you almost surely heard of their brands like NAPA Auto Parts. With large warehouses stacked with various automotive parts, drivers can save themselves significant money by doing basic work themselves. Thanks to various do-it-yourself videos on platforms like Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) YouTube, the investment proposition for GPC stock isn't as much of a stretch as you might think.Moreover, there's a chance that GPC stock could benefit from higher-than-average income earners who drive European -- specifically German -- cars. As an automotive enthusiast, I appreciate the many intangibles that German carmakers bring to the table. However, their cars are ridiculously expensive to maintain.To get around this dilemma, I can imagine cash-strained drivers buying third-party components for their vehicles. Therefore, I wouldn't ignore GPC in your search for best consumer stocks to buy. Anheuser Busch Inbev (BUD)Source: legacy1995 / Shutterstock.com Perhaps one of the more surprising picks for consumer stocks to buy, shares of Anheuser Busch Inbev (NYSE:BUD) are actually performing very well this year. Since January's opening price, BUD stock has gained 50%. However, I think the fundamentals justify the enormous rally.First, entertainment or escapism comes at a premium during economic hardships, as I mentioned earlier. Now, it's true that technically, we're not in a recession. But some clues exist that we're headed there. For example, while the unemployment rate is at multi-year lows, this stat has never indefinitely stayed deflated. Plus, the August jobs report was disappointing, give all of us pause.However, that suggests some extra drinking off the job will occur, driving the case for BUD stock. * 8 Dividend Stocks to Buy for a Recession Second, Anheuser Busch owns the Bud Light brand, among other popular beers. Bud Light is the most popular beer in America by a long shot. Plus, it's incredibly cheap, which may help to steer recession-burnt and cash-strapped millennials back to beer from other frivolities. Logically, this boosts the case for BUD stock. Altria Group (MO)Source: Kristi Blokhin / Shutterstock.com Clearly, Altria Group (NYSE:MO) is the laggard in this list of consumer stocks to buy. On a year-to-date basis, MO stock is down 10%. Even worse, since the first of April of this year, shares are down nearly 25%.While declining interest in smoking has obviously hurt MO stock and its ilk, big tobacco has another concern: the ongoing vaping crisis. In short, a rash of acute lung illnesses which federal agencies believe is associated with vaping has impacted several states. So far, authorities are investigating six deaths that they presume relate to vaping.On the surface, that hurts MO stock because Altria has a 35% stake in Juul. At the center of the firestorm, anti-smoking advocates and politicians have blasted Juul for their marketing practices and their easily concealable products. Worst of all, the President threatened to ban flavored vaping liquids, which may decimate the industry.However, that creates all kinds of ugly that I don't have the space to detail comprehensively here. The big takeaway, though, is that it may do nothing to stop underage vaping because the proposed ban won't affect all vaping liquids. Moreover, banning vaping altogether may violate legal adult users' constitutional rights, as well as destroying an economically viable industry.Granted, this is a risky play. But if we have a reasonable resolution, which I think we will, MO stock could fly far higher than many other consumer stocks.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post 7 Consumer Stocks to Buy in an Uncertain Market appeared first on InvestorPlace.

  • PR Newswire

    Clorox Declares Regular Quarterly Dividend of $1.06 Per Share

    OAKLAND, Calif. , Sept. 17, 2019 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today announced that its board of directors has declared a quarterly dividend of $1.06 per share on the company's common ...

  • Should You Like The Clorox Company’s (NYSE:CLX) High Return On Capital Employed?
    Simply Wall St.

    Should You Like The Clorox Company’s (NYSE:CLX) High Return On Capital Employed?

    Today we are going to look at The Clorox Company (NYSE:CLX) to see whether it might be an attractive investment...

  • Clorox (CLX) Declines Post Soft FY20 View: Is This Temporary?
    Zacks

    Clorox (CLX) Declines Post Soft FY20 View: Is This Temporary?

    Headwinds in the Charcoal, and Bags and Wraps businesses are hurting Clorox's (CLX) sales performance. But its robust fundamentals, initiatives and earnings trend indicate solid long-term prospects.

  • GuruFocus.com

    Wall Street Red in the 1st Trading Day of September

    Conn's jumps on earnings and revenue beat Continue reading...

  • Zacks

    Clorox (CLX) Up 1.3% Since Last Earnings Report: Can It Continue?

    Clorox (CLX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Thomson Reuters StreetEvents

    Edited Transcript of CLX earnings conference call or presentation 1-Aug-19 5:30pm GMT

    Q4 2019 Clorox Co Earnings Call

  • Does Clorox (NYSE:CLX) Have A Healthy Balance Sheet?
    Simply Wall St.

    Does Clorox (NYSE:CLX) Have A Healthy Balance Sheet?

    Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

  • PR Newswire

    Clorox Announces Oct. 2 Webcast of Analyst Day Presentation Highlighting New Corporate Strategy

    OAKLAND, Calif. , Aug. 27, 2019 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that on Wednesday, Oct. 2 it will host a live webcast of its 2019 Analyst Day meeting. At the meeting, members ...

  • Barrons.com

    Buy Clorox Stock Because It Isn’t as Expensive as It Looks, Analyst Says

    Clorox stock has been a laggard in 2019, but Credit Suisse argues investors aren’t valuing the household products maker correctly.

  • New Research Shows Children are More Creative in a Clean Workspace
    PR Newswire

    New Research Shows Children are More Creative in a Clean Workspace

    OAKLAND, Calif., Aug. 21, 2019 /PRNewswire/ -- Parents today place an immense amount of importance on the academic success of their children as well as any tools they can provide to improve performance. This back-to-school season Clorox is celebrating the varied clean spaces in a child's life where they feel inspired to create by giving away the Ultimate Clean Space Makeover on Clorox.com/CleanSpaces. Clorox is also donating $150,000 to DonorsChoose.org to help teachers create and maintain classroom workspaces and see that everyone has a clean space to create.

  • GuruFocus.com

    Clorox Co (CLX) Files 10-K for the Fiscal Year Ended on June 30, 2019

    Clorox Co (CLX) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. Clorox Co is engaged in the household product market. Continue reading...

  • Clorox Earnings Dragged Down by Trash and Charcoal
    Motley Fool

    Clorox Earnings Dragged Down by Trash and Charcoal

    The consumer packaged-goods company raised prices on trash bags and charcoal last year. Others didn't follow suit and it hurt the bottom line.

  • Will The Clorox Company's (NYSE:CLX) Earnings Grow In The Year Ahead?
    Simply Wall St.

    Will The Clorox Company's (NYSE:CLX) Earnings Grow In The Year Ahead?

    As The Clorox Company (NYSE:CLX) announced its recent earnings release on 30 June 2019, the consensus outlook from...

  • Clorox: The Brands That Are on Everyone's Minds
    GuruFocus.com

    Clorox: The Brands That Are on Everyone's Minds

    The saying 'I am going to Clorox the Oval Office' is a good indicator of the economic moat of Clorox Continue reading...

  • FCB Chicago and Clorox put Glad bags through more torture tests
    American City Business Journals

    FCB Chicago and Clorox put Glad bags through more torture tests

    A new wave of torture tests spots aims to make the case for why Glad bags should be consumers' preferred brand.

  • Clorox Co (CLX) Q4 2019 Earnings Call Transcript
    Motley Fool

    Clorox Co (CLX) Q4 2019 Earnings Call Transcript

    CLX earnings call for the period ending June 30, 2019.

  • Clorox Posts Mixed Q4 Results, Weakness to Persist
    Market Realist

    Clorox Posts Mixed Q4 Results, Weakness to Persist

    On Thursday, Clorox posted mixed fourth-quarter results. Clorox reported net revenues of $1.63 billion, which fell short of analysts’ estimate.

  • Barrons.com

    Clorox Stock Is Sliding Because of Fading Sales and a Dim Forecast

    Clorox was falling early Thursday, following the household-product maker’s fiscal fourth-quarter earnings that were dominated by light sales and disappointing guidance.

  • Clorox (CLX) Q4 Earnings Top Estimates, Soft View Hurts Stock
    Zacks

    Clorox (CLX) Q4 Earnings Top Estimates, Soft View Hurts Stock

    Clorox (CLX) reports mixed fourth-quarter fiscal 2019 results. Lower taxes and gross margin expansion aid its earnings while lower volume and unfavorable currency hurt sales.

  • MarketWatch

    Clorox's stock sinks after revenue miss, downbeat outlook

    Shares of Clorox Co. sank 3.8% in premarket trading Thursday, after the consumer products company, which brands include Kingsford, Clorox and Glad, reported a fiscal fourth-quarter profit that beat expectations but revenue that missed, and provided a downbeat outlook. Net income for the quarter to June 30 rose to $241 million, or $1.88 a share, from $217 million, or $1.66 a share, in the same period a year ago. That beat the FactSet EPS consensus of $1.83. Revenue fell 4%, to $1.63 billion from $1.69 billion a year ago, below the FactSet consensus of $1.68 billion. Cleaning sales rose 3% to $530 million, above the FactSet consensus of $524 million; household sales fell 11% to $546 million to miss expectations of $617 million; and lifestyle sales were roughly flat at $312 million, below expectations of $333 million. "Fiscal year 2019 results were mixed for the company due to persistent challenges on Charcoal and Bags and Wraps, and our Q4 results were a reflection of this," said Chief Executive Benno Dorer. For fiscal 2020, Clorox expects sales growth of flat to 2%, while the FactSet sales consensus of $6.41 billion implies 3.1% growth. The EPS guidance range of $6.30 to $6.50 compares with expectations of $6.48. The stock has gained 5.5% year to date through Wednesday, while the SPDR Consumer Staples Select Sector ETF has advanced 17.0% and the S&P 500 has climbed 18.9%.

  • PR Newswire

    Clorox Reports Q4 and Fiscal Year 2019 Results, Provides Fiscal Year 2020 Outlook

    OAKLAND, Calif. , Aug. 1, 2019 /PRNewswire/ -- The Clorox Company (NYSE: CLX) reported a 4% sales decrease and a 13% increase in diluted net earnings per share from continuing operations (diluted EPS) ...

  • TheStreet.com

    Clorox Gets Cleaned Out on Fourth-Quarter Revenue Miss

    Clorox falls after the consumer and professional products maker misses Wall Street's fourth-quarter revenue forecasts.

  • Buy Procter & Gamble (PG) After Q4 Earnings Report?
    Zacks

    Buy Procter & Gamble (PG) After Q4 Earnings Report?

    Procter & Gamble (PG) reported its fiscal 2019 Q4 earnings before the opening bell on Tuesday.

  • P&G's Gillette razor business is not for sale even after $8 billion write-down
    Yahoo Finance

    P&G's Gillette razor business is not for sale even after $8 billion write-down

    Here's why P&G is sticking with its Gillette business.