Market Overview

Clorox Q4 Earnings Analyst Roundup

Related CLX
A Peek Into The Markets: U.S. Stock Futures Signal Higher Start On Wall Street
With Obstacles To Growth In Sight, Argus Downgrades Clorox
Clorox - Nutranext, What Is Next? (Seeking Alpha)

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

Mar 2018JP MorganMaintainsNeutralNeutral
Feb 2018ArgusDowngradesBuyHold
Feb 2018BMO CapitalMaintainsOutperformOutperform

View More Analyst Ratings for CLX
View the Latest Analyst Ratings

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


Related Articles (CLX)

View Comments and Join the Discussion!