Clorox Bleach Beats 99% of Germs — and Stocks? [Yahoo! Finance News]
Clorox Company (The) (CLX)
Last clorox company (the) earnings: 5/1 06:30 am
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Source: Yahoo! Finance News
Opinion) -- Clorox bleach kills 99.9% of germs, and right now, it’s also beating 99% of stocks. While it probably doesn’t hurt to load up on disinfectants amid the outbreak of a potentially deadly virus, using the same logic to buy shares of the company may not be so prudent. The chlorine-based liquid cleaner is getting a rare opportunity to shine, and unfortunately it’s due to the coronavirus scare. Shares of Clorox Co., which is best known for its bleach and disinfectant products, climbed 2.5% to an all-time high this week — and that’s as most of the index fell. In fact, Clorox’s gains have topped all but two other members of the U.S. market benchmark: Regeneron Pharmaceuticals Inc. and Gilead Sciences Inc. The two drugmakers are working to develop treatments to combat the illness. Until they do, bleach, it seems, may be one of our best hopes. Clorox generates a third of its revenue from cleaning products for household and professional use, and 85% of its sales occur in the U.S. It
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CLX
News
- The Clorox Company (NYSE: CLX) had its price target lowered by analysts at Wells Fargo & Company from $140.00 to $135.00. They now have an "underweight" rating on the stock.MarketBeat
- The Clorox Company (NYSE: CLX) had its price target lowered by analysts at Barclays PLC from $136.00 to $132.00. They now have an "underweight" rating on the stock.MarketBeat
- Clorox (CLX) Q3 Earnings Beat Estimates, Revenues Down Y/Y [Yahoo! Finance]Yahoo! Finance
- The Clorox Company (NYSE: CLX) had its price target lowered by analysts at Citigroup Inc. from $155.00 to $150.00. They now have a "neutral" rating on the stock.MarketBeat
- The Clorox Company (NYSE: CLX) had its price target lowered by analysts at UBS Group AG from $164.00 to $159.00. They now have a "neutral" rating on the stock.MarketBeat
CLX
Earnings
- 4/30/24 - Beat
CLX
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/2/24 - Form 4
- CLX's page on the SEC website