Negative
Seeking Alpha
23 days ago
Clorox: ERP Overhang Eases, Defense Appeal Remains, But Outlook Still Uncertain
The Clorox Company (CLX) is rated "Hold" with a 12-month price target of $120, implying a 10% upside excluding dividends. CLX faces headwinds from ERP transition, declining sales, and margin pressure, but most negatives appear priced in, limiting further downside risk. Management expects ERP challenges to ease after FY2026, potentially unlocking innovation, cost optimization, and margin recovery for CLX.