First Merchants Corp made a significant $260,000 investment in The Clorox Company (NYSE:CLX), and the company's stocks have outperformed competitors on strong trading days. Clorox is being recognised as a strong momentum as well as a growth stock. For the second year running, the company has been named the most sustainable U.S. company by Barron's. Raymond James & Associates increased its holdings in the company along with other institutional shareholders who now own 81% of the company. Clorox has been highlighted as a top performer in Q2 Earnings among household product companies. Dividend payouts have increased to $1.22 per share. Innovation is reflected with the introduction of plant-based disinfecting wipes under the CloroxPro line. Despite challenges, the company's adjusted EPS has risen in Q3 Fiscal 2024. There's speculation about undervaluation as high as 31% in the company's stock price. After divesting operations in Argentina, Uruguay, and Paraguay, sales growth and margin expansion remain strong. There are some concerns with regards to a decrease in the 3-Year EBITDA Growth rate and short interest.
Clorox Company CLX News Analytics from Wed, 04 Oct 2023 07:00:00 GMT to Sun, 25 Aug 2024 16:40:30 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 2
