ADVFN
Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

Clorox Shares Slide to 52-Week Low Amid Market Headwinds

Fiona Craig
Latest News
June 13 2025 5:58AM

Clorox Co (NYSE:CLX) stock recently hit its lowest point in a year, dropping to $125.66 as the company faces mounting pressures in a challenging market environment. Known primarily for its bleach and cleaning products, Clorox has experienced a 5.65% decline in its share price over the past 12 months amid ongoing supply chain disruptions and shifts in consumer habits following the pandemic.

Despite these difficulties, Clorox remains a dividend aristocrat, having increased its dividend payouts for 48 straight years, currently offering a yield of 3.83%. Market watchers remain cautious as the company attempts to steady its performance and navigate a complex economic backdrop.

Recent quarterly results revealed a shortfall in both revenue and earnings per share, with an EPS of $1.45 missing analyst forecasts. Organic sales dropped 2% year-over-year, falling short of expectations for flat growth, largely due to weaker consumer demand and inventory reductions by retailers. However, Clorox’s gross margin improved to 44.6%, beating estimates.

Looking forward, the company maintains its 2025 earnings outlook, anticipating benefits from sales being pulled forward. Analyst sentiment remains mixed but generally positive, with Jefferies raising its price target to $167 and maintaining a Buy rating. Conversely, Wells Fargo lowered its target to $142 with an Equal Weight rating, while JPMorgan adjusted its target to $144 and kept a Neutral stance, citing concerns about demand and retailer inventory.

In corporate news, Clorox appointed Gina Boswell, CEO of Bath & Body Works, to its board of directors, increasing the board size to 12 members. This move reflects ongoing strategic adjustments as Clorox seeks to adapt to evolving market conditions.

Clorox stock price