Clorox Company (The) ($CLX) Stock Forecast: Down 1.7% Today

What is Clorox Company (The)?

Clorox (CLX) is a consumer goods company known for its household cleaning products, personal care products, and more. The overall market sentiment has been positive towards CLX due to its strong earnings history.

Why is Clorox Company (The) going down?

CLX stock is down 1.7% on Apr 7, 2025 15:16

• Despite the positive sentiment and expectations of beating earnings estimates, CLX experienced a strong bearish movement today.
• The market might have reacted negatively to factors beyond earnings, such as broader economic concerns or industry-specific challenges.
• Investors may have been disappointed by other aspects of the company's performance or future outlook, leading to the bearish trend.
• It's essential to consider that short-term market movements can be influenced by a variety of factors, not solely reliant on past earnings performance.

CLX Price Chart

CLX Technical Analysis

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Why Clorox ( CLX ) is Poised to Beat Earnings Estimates Again

Clorox (CLX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

https://www.zacks.com/stock/news/2439984/why-clorox-clx-is-poised-to-beat-earnings-estimates-again

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Clorox Company (The) Price History

01.10.2024 - CLX Stock was up 0.2%

• Clorox (CLX) saw a significant bullish movement today.
• Q1 earnings and sales of the company surpassed expectations, indicating a rebound from previous challenges related to a cyberattack.
• The positive performance was driven by robust organic sales in all segments and an expansion in margins.
• Pricing strategies, cost-saving initiatives, innovation, and brand building efforts by Clorox likely influenced the market's favorable response to its earnings results.

04.01.2025 - CLX Stock was down 6.9%

• Clorox outperformed Q2 earnings and revenue projections, demonstrating robust core fundamentals and market share growth. However, a 15% decrease in sales and recovery obstacles from a cyberattack might have affected investor confidence.
• The selection of a new CFO and the integration of a substantial software system upgrade (ERP) could have introduced uncertainty in the market, potentially contributing to the bearish trend.
• Despite increasing its full-year earnings outlook, the market response to Clorox's Q2 performance appears to have been overshadowed by worries regarding the sales decline and continuous operational hurdles.
• The decline in Clorox's stock value today could also be influenced by wider market patterns and investor attention on other prominent stocks like Tyson Foods, which may have diverted focus from Clorox's favorable earnings results.

04.01.2025 - CLX Stock was down 5.2%

• Despite surpassing earnings and revenue expectations in Q2, Clorox experienced a 15% annual decline in net sales, resulting in a bearish trend in the stock.
• The stock faced downward pressure from investors following the sales decline, despite Clorox increasing its full-year earnings forecast, showcasing confidence in future growth.
• The addition of a new CFO and the company's emphasis on innovation and international expansion may have offered some underlying support, although overshadowed by the decrease in sales.
• Market sentiment towards consumer goods companies such as Clorox might have been affected by challenging market conditions, contributing to the bearish movement in the stock.

04.01.2024 - CLX Stock was up 5.6%

• The bullish movement in Clorox's stock today can be attributed to the following factors:
• 1. Better-than-expected earnings: Clorox reported earnings per share of $2.16, surpassing expectations. This positive financial performance likely instilled confidence in investors and contributed to the stock's bullish movement.
• 2. Raised full-year outlook: Clorox also raised its full-year outlook, indicating a positive outlook for future growth and profitability. This optimistic guidance may have attracted investors and led to increased buying activity.
• 3. Solid Q2 results: Clorox's second-quarter fiscal 2024 results exceeded estimates, driven by higher volumes, pricing actions, and cost-saving initiatives. These positive operational factors likely contributed to the stock's upward momentum.
• Overall, the combination of strong financial performance, positive outlook, and solid operational results likely fueled the bullish movement in Clorox's stock today.

05.09.2023 - CLX Stock was down 6.7%

• The bearish movement in CLX stock today can be attributed to the following factors:
• 1. Disappointing Q1 FY24 financial results: Clorox reported a decline in net sales and organic sales, falling short of market expectations. This negative outlook for the company's earnings likely contributed to the bearish movement in the stock.
• 2. Analyst downgrades and price target cuts: Truist Securities lowered its price target for Clorox, indicating a less optimistic outlook for the stock. Such downgrades and cuts in price targets can often lead to a decrease in investor confidence and subsequent selling pressure.
• 3. Market sentiment and broader market trends: The overall market sentiment, as indicated by the decline in S&P 500 Index futures and the energy sector, may have also influenced the bearish movement in CLX stock. Additionally, the disappointing performance of other stocks in the pre-market trading session could have further dampened investor sentiment towards Clorox.
• In summary, the bearish movement in Clorox stock today can be attributed to the company's disappointing financial results, analyst downgrades, and the overall market sentiment.

02.10.2023 - CLX Stock was up 8.0%

• The bullish movement in Clorox stock today can be attributed to the following factors:
• 1. Strong Q1 Earnings: Despite a 20% decline in revenue compared to the previous year, Clorox reported better-than-expected earnings for the first quarter. This positive performance likely boosted investor confidence and contributed to the stock's upward movement.
• 2. Resilience after Cyberattack: Clorox recently experienced a cyberattack, which led to a lowered fiscal 2024 outlook. However, the stock managed to rise despite this setback, indicating that investors may have been reassured by the company's ability to overcome the challenges posed by the attack.
• 3. Confidence in Inventory Management: Clorox is betting on strong inventory management to mitigate the impact of the cyberattack. This strategy may have instilled confidence in investors, leading to increased buying activity and driving the stock price higher.
• Overall, Clorox's strong earnings performance, resilience in the face of a cyberattack, and confidence in inventory management likely contributed to the bullish movement in the stock today.

02.07.2024 - CLX Stock was up 7.3%

• Clorox's Q4 earnings beat estimates and the company's gross margin is expected to expand in fiscal 2025, driving investor confidence and pushing the stock price higher.
• Despite a target price cut due to increasing competitive pressures, Clorox's strong forward guidance and positive quarterly earnings results have overshadowed these concerns, leading to a surge in the stock price.
• The company's comprehensive margin management efforts and successful financial performance have likely contributed to the bullish movement, attracting investors seeking growth opportunities in the consumer goods sector.
• Overall, Clorox's strategic initiatives and solid financial results have propelled the stock upwards, demonstrating resilience in the face of market challenges and competition.

02.07.2024 - CLX Stock was up 6.8%

• Clorox reported Q4 earnings that beat estimates, with an expected improvement in gross margin for fiscal 2025, showcasing strong financial performance.
• Despite a target price cut due to increasing competitive pressures, investors seem optimistic about the company's ability to navigate challenges and maintain profitability.
• The sale of a business unit and the guilty pleas in a loan scheme involving Bay Area men may have had minimal impact on Clorox's stock movement compared to the positive earnings results.
• Overall, Clorox's strategic margin management efforts and solid financial results likely contributed to the bullish market movement today.

07.03.2025 - CLX Stock was down 1.7%

• Despite the positive sentiment and expectations of beating earnings estimates, CLX experienced a strong bearish movement today.
• The market might have reacted negatively to factors beyond earnings, such as broader economic concerns or industry-specific challenges.
• Investors may have been disappointed by other aspects of the company's performance or future outlook, leading to the bearish trend.
• It's essential to consider that short-term market movements can be influenced by a variety of factors, not solely reliant on past earnings performance.