Clorox (NYSE:CLX) Releases FY 2026 Earnings Guidance

Clorox (NYSE:CLX) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.450-5.650 for the period, compared to the consensus estimate of 5.860. The company issued revenue guidance of $6.7 billion-$6.7 billion, compared to the consensus revenue estimate of $6.7 billion.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on CLX shares. BNP Paribas Exane raised Clorox from an “underperform” rating to a “neutral” rating in a research report on Wednesday, February 11th. Jefferies Financial Group decreased their price target on Clorox from $151.00 to $139.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. JPMorgan Chase & Co. dropped their price objective on Clorox from $99.00 to $95.00 and set an “underweight” rating for the company in a research note on Friday. Rothschild & Co Redburn set a $117.00 target price on Clorox in a research note on Friday, February 13th. Finally, Wells Fargo & Company lowered their price target on Clorox from $110.00 to $100.00 and set an “equal weight” rating on the stock in a report on Friday. One equities research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $104.93.

Clorox Trading Down 9.7%

CLX traded down $9.36 on Friday, reaching $87.08. 13,246,385 shares of the company traded hands, compared to its average volume of 2,444,424. The firm has a fifty day simple moving average of $108.21 and a two-hundred day simple moving average of $108.82. The company has a market cap of $10.53 billion, a P/E ratio of 14.23, a price-to-earnings-growth ratio of 0.47 and a beta of 0.65. Clorox has a one year low of $86.00 and a one year high of $140.24. The company has a quick ratio of 0.48, a current ratio of 0.74 and a debt-to-equity ratio of 71.03.

Clorox (NYSE:CLX) last issued its earnings results on Thursday, April 30th. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.09. Clorox had a return on equity of 383.01% and a net margin of 11.17%.The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the prior year, the business earned $1.45 EPS. The business’s revenue for the quarter was up .1% compared to the same quarter last year. Clorox has set its FY 2026 guidance at 5.450-5.650 EPS. As a group, equities research analysts expect that Clorox will post 5.87 earnings per share for the current year.

Clorox Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Wednesday, April 22nd will be given a dividend of $1.24 per share. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.96 dividend on an annualized basis and a yield of 5.7%. Clorox’s dividend payout ratio (DPR) is presently 81.05%.

More Clorox News

Here are the key news stories impacting Clorox this week:

• Positive Sentiment: Q3 EPS beat driven by cost savings — Clorox reported higher-than-expected non-GAAP EPS as lower spending and margin actions offset flat sales, showing near-term profitability improvement. CLX Q3 Earnings Beat
• Positive Sentiment: Management emphasizes strategic initiatives — management highlighted innovation and targeted M&A as levers to drive growth beyond cost actions, which could support medium?term recovery if execution succeeds. Earnings Call Highlights
• Neutral Sentiment: Top-line is weak/flat — revenue was essentially flat year-over-year and roughly in line with estimates, leaving limited organic growth visibility and increasing reliance on cost saves and M&A. Q3 Results & Transcript
• Negative Sentiment: Full-year outlook trimmed — Clorox lowered FY26 EPS guidance (below consensus) and cut sales expectations (reports noted a ~-6% sales outlook), a primary catalyst for the downturn as it signals near-term demand pressure and margin headwinds. Reduced FY26 Outlook
• Negative Sentiment: Analysts cut targets & ratings — Several firms trimmed price targets and adjusted ratings (e.g., Morgan Stanley, Wells Fargo, JPMorgan lowered PTs and/or moved to equal-weight/underweight), amplifying selling pressure and lowering near-term sentiment. Morgan Stanley PT Cut JPMorgan / Wells Fargo Notes

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in Clorox in the 2nd quarter worth about $29,000. Caitlin John LLC increased its stake in shares of Clorox by 1,807.1% in the 4th quarter. Caitlin John LLC now owns 267 shares of the company’s stock worth $27,000 after acquiring an additional 253 shares during the last quarter. MUFG Securities EMEA plc acquired a new position in Clorox in the 2nd quarter valued at about $44,000. Golden State Wealth Management LLC increased its stake in Clorox by 28.2% during the fourth quarter. Golden State Wealth Management LLC now owns 454 shares of the company’s stock worth $46,000 after acquiring an additional 100 shares during the last quarter. Finally, DV Equities LLC purchased a new stake in Clorox in the 4th quarter valued at about $46,000. 78.53% of the stock is currently owned by hedge funds and other institutional investors.

About Clorox

The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company’s flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.

Clorox’s diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.