On September 1, Clorox fell 5.06% in regular trading, trading at $97.341 per share, with turnover of $2.57 billion. The decline reflects continued pressure from weak fiscal Q4 results and a wave of institutional downgrades.
Clorox reported fiscal Q4 adjusted EPS of $1.66, down 42% year-over-year, on revenue of $1.95 billion, a roughly 2% decline. While the results narrowly beat consensus estimates, the steep earnings erosion underscored persistent headwinds including cost inflation, sluggish demand in charcoal and cat litter categories, and elevated promotional spending. Fiscal 2027 guidance of $5.70-$6.00 adjusted EPS bracketed the Street estimate of $5.93, with RBC cutting its forecast to $5.85 citing weaker-than-expected gross margin outlook.
The bearish analyst consensus has intensified in recent months. JPMorgan downgraded the stock to Underweight, Jefferies cut its rating to Hold from Buy, and Goldman Sachs set a street-low price target of $77. The mean analyst target sits near $98.53, reflecting limited upside. Additionally, a CEO transition is underway after Linda Rendle announced her decision to step down for health reasons, adding leadership uncertainty.
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