Clorox Stock Analysis (CLX)
Today we have a company that can only exist in the US (only slightly kidding): Clorox. Clorox currently has a P/E of 30 with a forward P/E of 32, which is slightly high. The dividend yield is just under 2% with a payout ratio of 57%, which isn't bad at all. Revenue and earnings are both up to $6.7 Billion and $939 Million respectively. The balance sheet looks reasonably bad with $820 Million in total stockholder's equity.
I really don't think there's enough growth for a growth investor. I also don't really think there's enough of a dividend for a dividend investor, even though I think this stock is good enough to diversify into. I don't think it's a great stock for a value investor either because the balance sheet is reasonably bad and the P/E is slightly high.
Playlists:
Literally All Videos I Made for this Channel: • Marginal Tax Rates explained
Robinhood affiliate link: https://share.robinhood.com/carstek2
Amazon Affiliate Link: https://amzn.to/3hke1nU
Financial Education 101
Watch video Clorox Stock Analysis (CLX) online without registration, duration hours minute second in high quality. This video was added by user Financial Education 101 17 August 2020, don't forget to share it with your friends and acquaintances, it has been viewed on our site 242 once and liked it 10 people.