The
Clorox Company has witnessed numerous developments recently.
Kerusso Capital Management LLC,
Natixis Advisors LLC,
&Partners, and
M&G Plc are among the latest entities to take a position in the firm. Clorox has also been named
Barron's Most Sustainable U.S. Company for the second consecutive year. An increase in Clorox’s quarterly dividend to
$1.22 per share augurs well for investors. It's noteworthy that Clorox's stock price hit a new 52-week high at
$165.50. Citigroup also increased Clorox’s price target to
$170.00. A series of earnings reports revealed growth, with FY24 Results being promising and Q3 FY24 Earnings with
Adjusted EPS Rises Amidst Challenges. Despite challenges, the firm’s pricing and cost-saving efforts remaining on track and led to higher dividends. Clorox also divested its operations in
Argentina, Uruguay, and Paraguay. There's buzz about Clorox's undervaluation, with an estimated
31% undervaluation in the market. Clorox's Ignite strategy bodes well for evolving its portfolio.
Clorox Company CLX News Analytics from Wed, 04 Oct 2023 07:00:00 GMT to Sun, 08 Sep 2024 11:22:12 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor 0
