The clorox direct stock purchase plan (DSPP) is a direct stock purchase and dividend reinvestment plan that provides a simple and economical method for investors to make an initial investment in shares of The Clorox Company common stock or to increase their existing holdings of Clorox common stock.
Can you buy stock in Clorox?
The Clorox Direct Stock Purchase Plan (DSPP) is a direct stock purchase and dividend reinvestment plan that provides a simple and economical method for investors to make an initial investment in shares of The Clorox Company common stock or to increase their existing holdings of Clorox common stock.
Is Clorox stock a buy or sell?
Clorox has received a consensus rating of Sell The company’s average rating score is 1.43, and is based on 1 buy rating, 4 hold ratings, and 9 sell ratings.
Is Clorox good investment?
Clorox is a great company with a long history of outperforming its peers Measuring total shareholder return, which includes dividends and stock price gains, Clorox has topped its peer group in the last one-, five-, 10-, and 20-year periods. Still, the stock is on the expensive side right now.
Is Clorox a publicly traded company?
Following the impressive stock move, Clorox now trades for 32 times mean 2020 earnings estimates (price-to-earnings ratio, or P/E), a sizable premium to the lofty 22.8 P/E the S&P 500 currently fetches.
Why is Clorox stock price dropping?
Shares of Clorox were falling sharply Friday after the maker of disinfectant wipes and other cleaning products reported fiscal second-quarter adjusted earnings that missed analysts’ expectations and said margins would take a steep hit from continued cost pressures.
Is Clorox a good dividend stock?
Clorox is one of many stocks with long and rich dividend histories The company has paid annual dividends since 1970. And has increased the dividend rate each year since 1978. This record makes Clorox a Dividend Aristocrat.
Is Clorox stock expected to rise?
Stock Price Forecast The 16 analysts offering 12-month price forecasts for Clorox Co have a median target of 137.50, with a high estimate of 165.00 and a low estimate of 115.00 The median estimate represents a +12.03% increase from the last price of 122.73.
Should I sell CLX stock?
Out of 12 analysts, 0 (0%) are recommending CLX as a Strong Buy, 0 (0%) are recommending CLX as a Buy, 4 (33.33%) are recommending CLX as a Hold, 2 (16.67%) are recommending CLX as a Sell, and 6 (50%) are recommending CLX as a Strong Sell What is CLX’s earnings growth forecast for 2022-2024?.
Is CLX a growth stock?
Investment thesis The Clorox Company (NYSE:CLX) is a major US producer of brand name household products, and much beloved wide moat dividend growth stock Nothing lasts forever.
Is Clorox stock overvalued?
Summary. Clorox has been extremely overvalued for the past two or three years Heading into the 2020 pandemic, investors seeking yield and earnings stability bought the stock.
How many years has Clorox paid a dividend?
26, 2022. Clorox has a long history of providing value to its stockholders through regular dividends. The company has increased its dividend for nearly 20 consecutive years and has paid an annual dividend for more than 50 consecutive years.
How does Clorox make money?
The Clorox Company is engaged in the production, marketing and sale of consumer products in the U.S. and international markets.
Who is Clorox owned by?
Procter & Gamble Company (P&G) acquires Clorox Chemical Company and operates it as a wholly-owned subsidiary, The Clorox Company. The company remains headquartered in Oakland.
What is wrong with Clorox stock?
Clorox management said it expects FY22 organic sales to decline by 1% to 4% year over year , its diluted earnings per share (EPS) to decline by 27% to 32%, and its gross margin to be just 36.1% for the coming year, compared to 45%-plus gross margins in FY20 and 43%-plus margins in FY21.
What other companies does Clorox own?
Clorox brands include its namesake bleach and cleaning products, as well as Burt’s Bees, Formula 409, Glad, Hidden Valley, Kingsford, Kitchen Bouquet, KC Masterpiece, Liquid-Plumr, Brita (in the Americas), Mistolin, Pine-Sol, Poett, Green Works Cleaning Products, Soy Vay, RenewLife, Rainbow Light, Natural Vitality,.
Why did bleach go up in price?
The short answer is COVID-19 The global pandemic continues to disrupt the supply chain, with a shortage of essential workers (many of them out sick) contributing to shipping delays. Plus, because bleach is a cleaning agent, people tend to stock up on it to keep their home free of the coronavirus.