The Clorox Company (CLX) Analysts See $1.31 EPS; Bank Of America Has Lowered By $3.08 Million Its Abm Inds (ABM) Position

April 22, 2018 - By Marguerite Chambers

The Clorox Company (NYSE:CLX) Logo

Analysts expect The Clorox Company (NYSE:CLX) to report $1.31 EPS on May, 2 before the open.They anticipate $0.00 EPS change or 0.00% from last quarter’s $1.31 EPS. CLX’s profit would be $169.52M giving it 21.92 P/E if the $1.31 EPS is correct. After having $1.23 EPS previously, The Clorox Company’s analysts see 6.50% EPS growth. The stock decreased 3.59% or $4.28 during the last trading session, reaching $114.88. About 3.11M shares traded or 154.80% up from the average. The Clorox Company (NYSE:CLX) has declined 7.70% since April 22, 2017 and is downtrending. It has underperformed by 19.25% the S&P500.

Bank Of America Corp decreased Abm Inds Inc (ABM) stake by 6.01% reported in 2017Q4 SEC filing. Bank Of America Corp sold 83,197 shares as Abm Inds Inc (ABM)’s stock declined 14.28%. The Bank Of America Corp holds 1.30M shares with $49.05M value, down from 1.38 million last quarter. Abm Inds Inc now has $2.09 billion valuation. The stock decreased 1.49% or $0.48 during the last trading session, reaching $31.75. About 518,869 shares traded. ABM Industries Incorporated (NYSE:ABM) has declined 24.34% since April 22, 2017 and is downtrending. It has underperformed by 35.89% the S&P500.

The Clorox Company manufactures and markets consumer and professional products worldwide. The company has market cap of $14.87 billion. It operates through four divisions: Cleaning, Household, Lifestyle, and International. It has a 18.95 P/E ratio. The firm offers laundry additives, including bleach products under the Clorox brand, as well as Clorox 2 stain fighters and color boosters; home care products primarily under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brands; naturally derived products under the Green Works brand; and professional cleaning and disinfecting products under the Clorox, Dispatch, Aplicare, HealthLink, and Clorox Healthcare brands.

Investors sentiment decreased to 1.07 in Q4 2017. Its down 0.03, from 1.1 in 2017Q3. It worsened, as 50 investors sold The Clorox Company shares while 237 reduced holdings. 81 funds opened positions while 226 raised stakes. 93.02 million shares or 2.58% more from 90.68 million shares in 2017Q3 were reported. Tdam Usa stated it has 0.09% in The Clorox Company (NYSE:CLX). Moreover, Sequoia Financial Advisors Ltd Co has 0.06% invested in The Clorox Company (NYSE:CLX). Stoneridge Inv Prtnrs Ltd Limited Liability Company reported 0.99% in The Clorox Company (NYSE:CLX). Norinchukin State Bank The has 0.03% invested in The Clorox Company (NYSE:CLX). Oppenheimer & reported 0.05% stake. Greenleaf accumulated 353 shares or 0% of the stock. Gotham Asset Mngmt Limited Liability Company holds 0.33% or 151,839 shares. Morgan Stanley reported 1.19 million shares stake. 4,107 were reported by Financial Advisory Ser. Moreover, Caisse De Depot Et Placement Du Quebec has 0% invested in The Clorox Company (NYSE:CLX) for 5,605 shares. Capital Invest Counsel Inc owns 1,425 shares. Gulf Interest Bancorporation (Uk) holds 0.08% or 40,380 shares in its portfolio. Symphony Asset Mgmt Lc holds 8,230 shares. 181,400 are held by Sawgrass Asset Ltd Liability Co. Clear Harbor Asset Mgmt Ltd Liability Corp owns 0.06% invested in The Clorox Company (NYSE:CLX) for 2,100 shares.

Among 16 analysts covering The Clorox Company (NYSE:CLX), 3 have Buy rating, 2 Sell and 11 Hold. Therefore 19% are positive. The Clorox Company had 55 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital on Monday, March 21 with “Underweight”. As per Monday, February 5, the company rating was maintained by RBC Capital Markets. The firm has “Neutral” rating given on Monday, February 5 by Bank of America. The stock of The Clorox Company (NYSE:CLX) earned “Hold” rating by RBC Capital Markets on Tuesday, August 1. The stock has “Sell” rating by Morgan Stanley on Thursday, April 19. As per Tuesday, September 5, the company rating was maintained by RBC Capital Markets. The stock of The Clorox Company (NYSE:CLX) earned “Hold” rating by Jefferies on Wednesday, April 19. JP Morgan maintained The Clorox Company (NYSE:CLX) rating on Tuesday, March 13. JP Morgan has “Neutral” rating and $138 target. Jefferies maintained the shares of CLX in report on Tuesday, September 5 with “Hold” rating. As per Thursday, October 5, the company rating was maintained by KeyBanc Capital Markets.

Investors sentiment increased to 1.29 in Q4 2017. Its up 0.32, from 0.97 in 2017Q3. It is positive, as 24 investors sold ABM shares while 45 reduced holdings. 29 funds opened positions while 60 raised stakes. 61.91 million shares or 4.48% more from 59.25 million shares in 2017Q3 were reported. 8,328 are held by Alpha Cubed Investments Lc. Profund Advsrs Limited Liability Corp accumulated 8,559 shares or 0.01% of the stock. Third Avenue Management Ltd Limited Liability Company accumulated 0.16% or 89,857 shares. 49,800 are owned by State Board Of Administration Of Florida Retirement. Citadel Advisors Limited has 0% invested in ABM Industries Incorporated (NYSE:ABM). Teachers Retirement Sys Of The State Of Kentucky holds 0.01% or 20,500 shares in its portfolio. Creative Planning owns 0% invested in ABM Industries Incorporated (NYSE:ABM) for 17,525 shares. Legal & General Group Public Limited Co stated it has 0% in ABM Industries Incorporated (NYSE:ABM). Texas Permanent School Fund accumulated 37,425 shares. Blackrock stated it has 0.01% in ABM Industries Incorporated (NYSE:ABM). Great West Life Assurance Can holds 0.01% in ABM Industries Incorporated (NYSE:ABM) or 71,124 shares. Moreover, Goldman Sachs Grp has 0.06% invested in ABM Industries Incorporated (NYSE:ABM) for 6.44 million shares. Bank & Trust Of Mellon holds 0.01% in ABM Industries Incorporated (NYSE:ABM) or 999,366 shares. California Employees Retirement System holds 97,444 shares. Bluecrest Mngmt Ltd holds 0.06% or 58,382 shares.

Bank Of America Corp increased Coupa Software Inc stake by 75,804 shares to 80,611 valued at $2.52M in 2017Q4. It also upped Chubb Limited stake by 9.89M shares and now owns 9.96M shares. Conocophillips (Call) (NYSE:COP) was raised too.

Analysts await ABM Industries Incorporated (NYSE:ABM) to report earnings on June, 6. They expect $0.45 EPS, down 8.16% or $0.04 from last year’s $0.49 per share. ABM’s profit will be $29.57M for 17.64 P/E if the $0.45 EPS becomes a reality. After $0.26 actual EPS reported by ABM Industries Incorporated for the previous quarter, Wall Street now forecasts 73.08% EPS growth.

Since January 10, 2018, it had 0 buys, and 1 insider sale for $81,789 activity. Another trade for 2,103 shares valued at $81,789 was made by CHAVEZ LINDA on Wednesday, January 10.

Among 4 analysts covering ABM Industries (NYSE:ABM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. ABM Industries had 17 analyst reports since August 31, 2015 according to SRatingsIntel. As per Thursday, December 14, the company rating was maintained by Robert W. Baird. KeyBanc Capital Markets downgraded ABM Industries Incorporated (NYSE:ABM) on Thursday, October 29 to “Sector Weight” rating. Robert W. Baird maintained ABM Industries Incorporated (NYSE:ABM) on Wednesday, May 31 with “Buy” rating. The rating was upgraded by Sidoti on Thursday, July 13 to “Buy”. The stock has “Buy” rating by Robert W. Baird on Thursday, August 24. The stock has “Outperform” rating by Robert W. Baird on Thursday, March 9. The stock of ABM Industries Incorporated (NYSE:ABM) has “Outperform” rating given on Thursday, July 13 by Robert W. Baird. Robert W. Baird downgraded the stock to “Neutral” rating in Tuesday, December 6 report. Robert W. Baird maintained ABM Industries Incorporated (NYSE:ABM) on Thursday, March 15 with “Buy” rating. Robert W. Baird maintained the shares of ABM in report on Friday, March 2 with “Buy” rating.

ABM Industries Incorporated (NYSE:ABM) Institutional Positions Chart

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