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Clorox ( (CLX) ) has shared an update.
On March 6, 2026, Clorox arranged two new senior unsecured credit facilities totaling up to $2.25 billion in connection with its planned purchase of all membership interests in GOJO Industries, maker of PURELL. The company secured a $1 billion 364-day revolving credit line for general corporate purposes and a $1.25 billion delayed-draw term loan primarily to fund the GOJO acquisition, related fees, and repayment of certain GOJO debt.
Both facilities, led by JPMorgan Chase, Citibank, and Wells Fargo, include customary covenants, a consolidated interest coverage ratio, and standard events of default, with pricing tied to Clorox’s long-term credit rating. The structure gives Clorox flexible, unsecured financing to execute the GOJO deal while preserving balance-sheet optionality, signaling a significant capital commitment to expand its hygiene portfolio and potentially altering its leverage profile and risk-return dynamics for creditors and shareholders.
The most recent analyst rating on (CLX) stock is a Hold with a $115.00 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.
The score is held back primarily by financial risk factors—high leverage/negative equity and weak revenue trend—despite improved profitability and solid free cash flow. Technicals are supportive in the short term but look extended (overbought) and still below the 200-day average. Valuation is a relative positive due to a mid-teen P/E and ~4.3% dividend yield, while the earnings call indicates cautious optimism with reaffirmed guidance but meaningful near-term operational and category headwinds.
To see Spark’s full report on CLX stock, click here.
More about Clorox
The Clorox Company is a U.S.-based consumer products manufacturer best known for its household cleaning and disinfecting brands, and it is now expanding further into the professional hygiene and healthcare segment through the planned acquisition of GOJO Industries, maker of PURELL. This move underscores Clorox’s strategy to deepen its presence in infection prevention and away-from-home cleaning markets.
Average Trading Volume: 2,317,577
Technical Sentiment Signal: Sell
Current Market Cap: $13.71B
See more insights into CLX stock on TipRanks’ Stock Analysis page.