WCM Investment Management LLC,
Soltis Investment Advisors LLC, and
Kentucky Trust Co, among others, have altered their stakes in
The Clorox Company. WCM reduced its stake, while Soltis Investment and Kentucky Trust Co increased theirs. Financial analyst
Jim Cramer criticized the company's recent quarterly performance, noting that every line was down, and the news also followed the retirement of Clorox CFO
Kevin Jacobsen. Despite this, various companies like Advisors Preferred LLC and Elevate Capital Advisors LLC have made significant new investments in Clorox. Meanwhile, Clorox experienced a 7.2% stock fall after Q2 earnings, raising questions if it's time to buy or hold.
Wall Street analysts forecast potential growth in Clorox shares, in spite of recent performance. The company presented its strategic vision at the
CAGNY Conference, followed by update of Q2 fiscal year 2025 results and outlook. Clorox’s Q4 revenue beat estimates, and in response to upbeat earnings, analysts have boosted their forecasts. The recent shocks have been attributed to the retirement of its CFO and less than stellar earnings, but there’s confidence in the company’s long-term stability.
Clorox Company CLX News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Sat, 15 Feb 2025 06:42:04 GMT -
Rating -6
- Innovation -2
- Information 8
- Rumor -7
