|Bid||152.00 x 1000|
|Ask||0.00 x 1300|
|Day's Range||157.57 - 159.88|
|52 Week Range||113.57 - 167.70|
|Beta (3Y Monthly)||0.41|
|PE Ratio (TTM)||26.14|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||3.84 (2.43%)|
|1y Target Est||152.27|
claiming the company is executing a wide-ranging false and deceptive advertising campaign using misleading information about Clorox products. Clorox claimed Reckitt Benckiser's Lysol ads on television, internet and social media are based on many false comparisons to Clorox, such a stating Lysol products have performance advantages they do not actually possess. The lawsuit claimed the ads are misleading consumers into believing falsehoods about Clorox and that Reckitt Benckiser is seeking to erode Clorox's reputation as a manufacturer of effective, user-friendly products, Clorox said in a press release.
Clorox argues that Lysol maker Reckitt Benckiser is unfairly comparing Clorox products to a range of Lysol products.
OAKLAND, Calif., March 20, 2019 /PRNewswire/ -- The Clorox Company (CLX) today announced it has filed a lawsuit against Reckitt Benckiser (RB) in response to a wide-ranging false and deceptive advertising campaign for RB's Lysol brand. According to the lawsuit, RB's campaign is designed to mislead consumers to purchase RB's products instead of Clorox products based on misinformation. "Consumers deserve truthful information," said Eric Reynolds, executive vice president – Cleaning and Burt's Bees, "and advertising that can help them make the product choices that are best for their households.
Whenever I see a headline in the Wall Street Journal like the one from a few weeks ago that declared that consumer staples stocks had "fallen out of favor" with investors, I am reminded of Warren Buffett's famous aphorisms about investing.Buffett urges investors "to be fearful when others are greedy and to be greedy only when others are fearful."Indeed, the S&P 500 Consumer Staples Index has jumped more than 9% since the start of the year, underperforming the broader market, which gained more than 13% during that same time period. Even though many stocks in the sector are trading at or near their average 52-week price targets, there are a few names that have some gas left in their tanks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 of the Best Stocks to Buy Under $10 Let's take a closer look at three of these consumer stocks, which are among the best stocks to buy in the sector now. Campbell Soup (CPB)Source: Meal Makeover Moms via Flickr (Modified)Year-to-Date Gain: 12% Forward Price-to-Earnings Ratio: 14.3 Market Capitalization: $10.98 billion Average 52-Week Price Target: $35.62The turnaround at Campbell Soup (NYSE:CPB) is for real. CPB's latest earnings report exceeded Wall Street's expectations and the food company is making progress in unwinding former CEO Denise Morrison's ill-advised expansion into the fresh food business and it is also unloading its international operations. Earlier this month, CPB sold its Garden Fresh salsa business, which it acquired for $232 million in 2015, for $60 million. A sale of Bolthouse Farms, which Campbell acquired for $1.55 billion in 2012, is also in the works. CPB will take a loss on this sale as well.Indeed, under Morrison's leadership, CPB wrote more than $1.4 billion from the value of the business it bought. Her acquisitions weren't a total bust, but they weren't bargains either.Campbell acquired Snyder's-Lance for $6 billion last year to increase its foothold in the fast-growing snack market. Snacks were a bright spot in CPB's recent better-than-expected earnings report. The company's soup business, which has been in decline for years, is also showing signs of improvement. Billionaire Activist Investor Dan Loeb is a big holder of CPB stock and controls two board seats. Church & Dwight (CHD)Source: slgckgc via Flickr (Modified)YTD Gain: 3% Forward P/E: 24.8 Market Cap: $16.2 billion Average 52-Week price target: $64.53Church & Dwight (NYSE:CHD) stock is reeling from a disappointing earnings report and lackluster guidance that ended its streak of eight straight earnings beats. The corporate parent of Arm & Hammer, though, has got plenty going for it, including an eclectic portfolio of brands including Trojan condoms, Orajel dental care and the OxiClean line of stain fighter and laundry detergents. Let's not forget its best-known product Arm & Hammer Baking Soda. According to the company, half of all refrigerators have the product, which also is used to bake cookies, purify the blood of kidney dialysis patients and treat swimming pools. According to CHD, seven of the company's 11 "power brands" maintained or gained market share in 2018. * 7 Video Game Stocks on Steep Discount CHD expects organic sales to jump 3.5% in 2019, its biggest gain since 2014. Unlike other consumer products companies, CHD doesn't have much competition from private label brands. CHD is also getting a nice bump from its e-commerce business, which made up about 8% of its sales. Furthermore, it should benefit from its expansion overseas, price increases and innovative products like The Waterpik Sonic Fusion, which enables people to brush and floss simultaneously. Clorox (CLX)Source: Mike Mozart via Flickr (Modified)YTD Gain: 4% Forward P/E: 23.2 Market Cap: $20.1 billion Average 52-Week Target: $152.27Best-known as a maker of bleach, Clorox (NYSE:CLX) is one of the least sexy companies in the Fortune 500. However, as CEO Benno Dorer noted during a recent industry conference, CLX stock has outperformed the S&P 500 over the last year, three years, five years, 10 years and 20 years. And it has been in the top quartile of its peer group. "We know how to deliver shareholder return and we know how to do it well," Dorer said. Indeed, more than 80% of its product portfolio in the U.S. and international markets are either ranked No. 1 or No. 2 in their respective spaces. Among its brands are Glad trash bags, Liquid Plummer, Burt's Bees personal care products, Pine-Sol household cleaners and Fresh Steps cat litter.CLX's latest earnings report was solid, beating Wall Street's expectations. One area of weakness was its Household business, where trash bags and food storage product sales fell because of "heightened competitive activity." Other companies, including Tupperware, are in the same situation. The company is planning to increase its marketing spending to boost Glad sales. As of this writing, Jonathan Berr did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post 3 Out-of-Favor Consumer Stocks to Buy appeared first on InvestorPlace.
What's Ahead for Church & Dwight and Clorox?(Continued from Prior Part)Top line to sustain momentum Clorox (CLX) could continue to report healthy sales growth despite pressure on net sales from currency volatility. Management expects its top
Clorox Co NYSE:CLXView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for CLX with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 15. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding CLX is favorable, with net inflows of $23.53 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. CLX credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Colgate (CL) increases quarterly dividend from 42 cents per share to 43 cents. The company is also progressing well with the Global Growth and Efficiency Program.
Today we are going to look at The Clorox Company (NYSE:CLX) to see whether it might be an attractive investment prospect. Specifically, we're going to calculate its Return On CapitalRead More...
Will the Uptrend in Procter & Gamble Stock Continue?(Continued from Prior Part)Analysts maintain a neutral outlook Procter & Gamble’s (PG) better-than-expected sales and earnings in the first half of fiscal 2019 have driven its stock
Will the Uptrend in Procter & Gamble Stock Continue?(Continued from Prior Part)Strong positive surprise history Procter & Gamble (PG) could continue to impress with its bottom line performance despite pressure on its margins. The company’s
Will the Uptrend in Procter & Gamble Stock Continue?(Continued from Prior Part)Factors to impact PG’s top line Procter & Gamble’s (PG) top line remained soft in the first half of fiscal 2019 as currency volatility continued to hurt it.
Will the Uptrend in Procter & Gamble Stock Continue?Procter & Gamble stock is up ~10% this year Procter & Gamble’s (PG) impressive performance in the first half of fiscal 2019 has driven its stock more than 10% higher so far this year.
Procter & Gamble (PG) gains from its solid focus on product improvement, packaging and marketing initiatives, and productivity and cost-savings plan.
Dividend growth rarely goes out of style, but sometimes investors need a little reminder about the importance of stocks that consistently and generously raise their payouts.The most recent refresher was the near-bear market in the fourth quarter of 2018. Stocks took a sharp turn for the worst beginning in October. The market rolled over, and each time it looked like stocks might finally start to recover, they managed to find their way to lower lows.They didn't stay there, of course. Equities have been firmly rallying since the Christmas break, and they very well remain on their bullish path.Regardless of how things may take shape going forward, however, stocks exposed their vulnerability. Safety and reliability became priorities here in the latter stage of an economic expansion. Consistent (and rising) income suddenly were appreciated once more.Here's a rundown of nine great dividend growth stocks to buy. They don't just offer nice yields; they also have a history of upping the ante on their payouts as well. That'll come in handy if interest rates begin rising again, ratcheting up the pressure on dividend stocks that can't beef up their payouts quite as quickly as others can. SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
Clorox (CLX) gains from strategic initiatives including smooth execution of the 2020 Strategy, focus on e-commerce business and brand management efforts.
Why Upside for Consumer Packaged Goods Stocks Could Be Limited(Continued from Prior Part)Key growth drivers We expect Clorox (CLX) to sustain its momentum in sales and earnings in the second half of fiscal 2019. Clorox’s top line is anticipated to
Why Upside for Consumer Packaged Goods Stocks Could Be Limited(Continued from Prior Part)CHD to sustain momentum Church & Dwight (CHD) outperformed bigger rivals including Procter & Gamble (PG), Kimberly-Clark (KMB), Clorox (CLX), and
Why Upside for Consumer Packaged Goods Stocks Could Be Limited(Continued from Prior Part)Sales and margin headwinds to hurt Analysts expect Kimberly-Clark (KMB) to continue to report weak sales and earnings in the coming quarters. Kimberly-Clark’s
Why Upside for Consumer Packaged Goods Stocks Could Be Limited(Continued from Prior Part)Analysts remain on sidelinesColgate-Palmolive (CL) has disappointed investors with its top-line and bottom-line performance in the past couple of quarters.
Clorox (CLX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Why Upside for Consumer Packaged Goods Stocks Could Be LimitedNear-term challenges Stocks of consumer packaged goods (or CPG) companies in the US continue to benefit from price restructuring initiatives. Higher pricing drove the organic sales of
Read on for insights from the head of the largest pure-play environmental, social, and governance fund in the United States.