Clorox Company (CLX) continues to attract high-profile attention due to its perceived resilience in the face of economic fluctuation. Despite its high market price, some analysts refer to it as a defensive stock amid market volatility. Moreover, its share acquisition by the California Public Employees Retirement System suggests investor's faith in its stability. Analysts and Hedge Fund Managers consider it among the best household stocks due to its ability to beat earnings estimates consistently. The company also stands out in the consumer staples sector and soaps/cleaning materials industry, promising a strong return for income investors. The company's CFO, Kevin Jacobsen, stepping down is another significant development, with Luc Bellet stepping up as the new CFO. Furthermore, financial analyst Jim Cramer has expressed mixed sentiments about CLX, including criticism following a less than impressive quarter and cautious outlook. Meanwhile, quarterly results have shown a surge in earnings per share, exceeding estimates and boosting its reputation among institutional investors. Still, concerns remain over the company's earnings weakness. Finally, despite some pressure on Clorox shares following a cautious outlook, the stock's resilience amidst overall market volatility has propelled analysts to maintain a mostly optimistic stance.
Clorox Company CLX News Analytics from Wed, 01 May 2024 07:00:00 GMT to Thu, 03 Apr 2025 16:10:00 GMT -
Rating 7
- Innovation -5
- Information 8
- Rumor -2
