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Clorox ( (CLX) ) just unveiled an announcement.
On May 6, 2026, The Clorox Company executed an underwriting agreement to issue $1.5 billion in senior notes across 4.700% notes due 2031, 4.950% notes due 2033, and 5.250% notes due 2036 in an underwritten registered public offering. The transaction, which closed on May 11, 2026, adds long-term debt capital to Clorox’s balance sheet, potentially supporting its financing needs while locking in fixed-rate funding across staggered maturities.
The notes were issued under an existing indenture with U.S. Bank Trust Company, National Association, serving as trustee, providing a familiar legal and structural framework for investors. Legal validity of the securities was supported by an opinion from Cleary Gottlieb Steen & Hamilton LLP, underscoring the formal completion and enforceability of the offering for debt market participants and other stakeholders.
The most recent analyst rating on (CLX) stock is a Sell with a $85.00 price target. To see the full list of analyst forecasts on Clorox stock, see the CLX Stock Forecast page.
Spark’s Take on CLX Stock
According to Spark, TipRanks’ AI Analyst, CLX is a Neutral.
Overall score is held back primarily by balance-sheet strain (negative equity, elevated leverage) and deteriorating recent cash-flow trends, alongside a clear bearish technical setup. These are partially offset by improved profitability versus the prior weak period, a moderate P/E with a high dividend yield, and a mixed earnings outlook that includes operational progress but significant near-term margin and cost headwinds.
To see Spark’s full report on CLX stock, click here.
More about Clorox
The Clorox Company is a consumer products manufacturer best known for its namesake cleaning and disinfecting brands, along with a broader portfolio of household and personal care goods. The company operates globally, supplying retail, commercial and institutional customers with branded products that focus on cleaning, health, and household essentials.
Average Trading Volume: 2,627,880
Technical Sentiment Signal: Sell
Current Market Cap: $11.14B
For a thorough assessment of CLX stock, go to TipRanks’ Stock Analysis page.