The Clorox Company (CLX) is trading above its 200-day simple moving average (SMA), signaling a bullish trend. The company's strategic pricing actions and cost-saving measures are contributing to enhanced gross margins.The 200-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as it is the first marker of a stock’s uptrend or downtrend.CLX Stock Trading Above 200 Day Moving AverageImage Source: Zacks Investment ResearchCLX ha ...

Clorox (CLX) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 3. On t ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Clorox (CLX) , which belongs to the Zacks Consumer Products - Staples industry.This consumer products maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 27.47%.For the last reported quarter, Clorox came out with earnings of $1.8 ...

Company Overview - CloroxPro is a division of The Clorox Company (NYSE: CLX) and offers trusted commercial cleaning brands, including Clorox Healthcare products for healthcare facilities [2] - The company has a century-long legacy in cleaning and disinfecting and is committed to meeting the demands of industry professionals and commercial facilities such as offices, schools, athletic facilities, and hospitals [2] - CloroxPro launched the 2024 Clean Index report, which details the perceptions, needs, and challenges of over 1,500 cleaning professionals and consumers [4] Industry Trends - Eco-conscious cleaner adoption is at an all-time high, with two in three cleaning professionals stating their facility uses such solutions [6] - 60% of cleaning professionals reported that their facility has set a business goal to use more eco-conscious products [6] - More than half of consumers continue to be concerned about germ exposure at work, with 79% noting the importance of businesses providing disinfecting wipes [7] Challenges Faced by Cleaning Professionals - 50% of cleaning professionals experienced burnout within the last year, with almost half reporting an increase in burnout levels over the past two years [5] - A lack of training is a key factor contributing to burnout, with 60% of cleaning professionals not feeling confident that the areas they manage are properly cleaned and disinfected due to insufficient training programs [5] Product Innovations and Solutions - CloroxPro launched Clorox EcoClean Disinfecting Wipes in 2024 and continues to develop innovative products and solutions to meet the evolving needs of cleaning professionals [1] - The company emphasizes the importance of ready-to-use (RTU) products for efficient cleaning and disinfection of high-traffic areas and frequently touched surfaces [7] Survey Methodology - Data for the 2024 Clean Index report was collected through an online survey in September 2024, involving 1,000 consumers and 511 cleaning industry professionals [8] - The consumer sample was nationally representative based on age, gender, region, race/ethnicity, and income, while the cleaning professionals included frontline workers, decision-makers, building service contractors, and infection preventionists in Education, Government, or Healthcare settings [8]

OAKLAND, Calif., Jan. 13, 2025 /PRNewswire/ -- The Clorox Company (NYSE: CLX) will issue its second-quarter fiscal year 2025 results on Feb. 3, 2025. Timing for the announcement will be as follows: 1:15 p.m. PT / 4:15 p.m. ET: Press release and prepared management remarks posted on the company's website 2 p.m. PT / 5 p.m. ET: Live Q&A audio webcast for analysts with Chair and CEO Linda Rendle and Chief Financial Officer Kevin JacobsenLinks to the webcast, press release and prepared remarks can be found at C ...

Key TakeawaysAs stocks retreat from previous highs, consumer staples stocks may provide a safe harbor in turbulent markets.Consumer staples stocks rated a Buy or Strong Buy include the Clorox Company and Tyson Foods.These four stocks are considered low-beta, which means their value is more resistant to market volatility.Stocks have retreated sharply from their previous highs in a shaky start to 2025. Wall Street suffered further on Friday, with all three major indexes now pushed into the red for this year o ...

The Clorox Company (CLX) looks well poised for growth, thanks to its robust growth strategies. CLX’s pricing and cost-saving initiatives are bolstering its gross margins for a while.The company’s efforts to expand its international foothold also seem encouraging. Management continues to explore international opportunities.Over the past six months, CLX shares have gained 23.1%, comfortably outperforming the broader Consumer Staples sector and the Zacks Consumer Products - Staples industry’s decline of 1.4% a ...

Clorox (CLX) has been beaten down lately with too much selling pressure. While the stock has lost 5.9% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that meas ...

The Federal Reserve slashed interest rates by 25 basis points on Wednesday at the end of its December Federal Open Market Committee meeting. The central bank’s move was highly anticipated. However, all three major indexes tanked following the announcement.More than cheering the latest rate cut, concerns grew surrounding the hawkish stance from Federal Reserve Chairman Jerome Powell, who hinted at fewer rate cuts in 2025 due to stubbornly high inflation. Wall Street has been volatile over the past week and f ...

The Clorox Company (CLX) stock has been trending up the charts in the past six months, recording a gain of 20.5%. This gain comfortably outpaces the broader Consumer Staples sector’s rise of 3.2% and the Zacks Consumer Products - Staples industry’s growth of 2.2% in the same period. CLX’s shares also surpassed the S&P 500 index’s appreciation of 11.8% in the six-month time period.The company has been gaining from pricing and cost-saving initiatives, which have been boosting the gross margins for a while. It ...