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Investing.com - Jefferies maintained its Buy rating and $155.00 price target on Clorox (NYSE:CLX) following discussions with the company’s management team. According to InvestingPro data, the stock currently trades at $125.68, with analysts’ targets ranging from $115 to $166.
The research firm noted that Clorox’s Enterprise Resource Planning (ERP) system rollout experienced expected challenges, but the company has now moved past these implementation issues.
Jefferies indicated that shipment shortfalls from the first quarter are expected to shift into the second quarter, which should allow Clorox to maintain its full-year targets intact despite the temporary disruption.
The firm emphasized that gaining clarity on Clorox’s normalized performance by 2027 remains a key factor in the investment thesis, with Jefferies expressing increased confidence in its earnings projection of $7.40 per share, which exceeds the Street consensus of $7.00.
Jefferies suggested that current market volatility presents an opportunity for investors in Clorox stock, concluding that the Buy rating remains appropriate.
In other recent news, The Clorox Company reported impressive financial results for the fourth quarter and full year of 2025. The company’s earnings per share (EPS) reached $2.87, significantly surpassing the analyst forecast of $2.21, representing a 29.86% surprise. Revenue also exceeded expectations, totaling $2 billion against the anticipated $1.94 billion. In addition to its financial performance, Clorox introduced a new product called Clorox Screen+ Sanitizing Wipes. These wipes are designed to clean and sanitize touchscreens and other electronic devices, addressing concerns about germs on shared devices in various settings. The product claims to kill 99.9% of bacteria while effectively removing fingerprints, dust, and smudges without causing damage to sensitive screens. These developments reflect Clorox’s ongoing efforts to innovate and meet consumer needs.
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