The Clorox Company (NYSE: CLX) is a leading American multinational manufacturer of consumer and professional products, known for its flagship bleach brand. It offers a wide range of cleaning, household, and personal care products under various well-known brands.
Key Takeaways:
- The Clorox Company’s stock price is expected to show steady growth over the next three decades.
- Factors such as market trends, economic conditions, and company performance will play significant roles in price fluctuations.
- Long-term investors may find potential value in CLX stock, given its projected growth.
Overview of The Clorox Company
The Clorox Company, established in 1913 as the Electro-Alkaline Company in Oakland, California, initially focused on industrial bleach production. The popularity of its Clorox product led to a company name change in 1922. Clorox became a household name for cleaning products by the 1950s.
In recent decades, Clorox has diversified its portfolio through strategic acquisitions and partnerships. Notable moves include purchasing Burt’s Bees in 2007 and forming a joint venture with Procter & Gamble. The company has also emerged as a leader in sustainability, pioneering integrated ESG reporting in the consumer goods sector.
The Clorox Company Profile
| Country | United States |
| Ticker Symbol | CLX |
| Exchange | NYSE |
| Founded | 1913 |
| IPO Date | 1983 |
| Industry | Consumer Goods |
| Sector | Consumer Staples |
| Employees | 8,000 |
| CEO | Linda Rendle |
| Market Cap (August 30, 2024) | $19.61 billion |
| Website | thecloroxcompany |
The Clorox Company (CLX) Balance Sheet Analysis
The Clorox Company’s (NYSE: CLX) balance sheet for fiscal year 2024 reveals a mixed financial picture. Total assets stood at $5.75 billion, while total liabilities were $5.26 billion, resulting in a total equity of $0.49 billion.
Working capital improved to $0.05 billion, a positive shift from the previous year’s negative $0.09 billion. This suggests enhanced short-term liquidity. However, the company’s debt remains substantial at $2.90 billion, only slightly lower than the 2023 figure of $2.92 billion.
Net tangible assets, while still negative at -$1.58 billion, showed improvement from -$1.74 billion in 2023. This indicates a gradual strengthening of the company’s tangible asset base, though it remains in negative territory.
Overall, Clorox’s 2024 balance sheet reflects a company managing high debt levels while making incremental improvements in working capital and net tangible assets. The modest equity figure relative to total assets suggests a leveraged financial structure, which may require careful management in the coming years.
Balance Sheet Data Source: finance.yahoo
The Clorox Company Stock Price History
The Clorox Company (NYSE: CLX) had its IPO in the year 1983. Clorox (CLX) has split its stock three times: in 1987, 1997, and 1999. Each split was 2:1. One share purchased before 1987 would now equal 8 shares due to these splits.1
As of August 30, 2024, the price of Clorox stock stands at $158.31.
CLX Stock Price Forecast 2024
Our analysis suggests that 2024 will be a year of solid growth for CLX. We expect the stock to experience an increase of approximately 11% by the end of the year.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $138.31 | $175.72 | $210.86 |
In 2024, Clorox is expected to launch a new line of eco-friendly cleaning products, targeting environmentally conscious consumers. This initiative, coupled with strategic marketing campaigns, could significantly boost brand loyalty and market share, potentially exceeding our current stock price projections.
CLX Stock Price Forecast 2025
Building on the momentum from 2024, we anticipate Clorox stock to continue its upward trend in 2025. Our projections indicate a growth of about 12% from the previous year’s average.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $175.72 | $196.81 | $246.01 |
The company’s investment in artificial intelligence for supply chain optimization is expected to come to fruition in 2025. This could lead to improved efficiency, reduced costs, and higher profit margins. Additionally, Clorox’s expansion into the Asian market may open up new revenue streams, potentially driving the stock price higher.
CLX Stock Price Forecast 2026
The year 2026 is expected to bring further gains for Clorox shareholders. We forecast a growth rate of approximately 13% as the company continues to strengthen its market position.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $196.81 | $222.40 | $289.12 |
In 2026, Clorox is anticipated to complete a major acquisition in the personal care sector, diversifying its product portfolio. This strategic move could potentially open up new market segments and increase the company’s overall revenue. The successful integration of this acquisition may lead to synergies that could positively impact the stock price.
CLX Stock Price Forecast 2027
In 2027, we anticipate Clorox stock to maintain its growth trajectory with a projected increase of 14%. This growth reflects the company’s ongoing efforts to adapt to changing market dynamics and consumer preferences.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $222.40 | $253.54 | $329.60 |
Clorox’s significant investment in research and development is expected to yield results in 2027, with the introduction of revolutionary cleaning technologies. These innovations could potentially disrupt the market and solidify Clorox’s position as an industry leader. The company’s commitment to sustainability may also attract socially responsible investors, potentially driving up demand for the stock.
CLX Stock Price Forecast 2028
The year 2028 is expected to be another strong year for Clorox stock, with our analysis pointing to a growth rate of approximately 15%. This acceleration in growth may be attributed to the company’s long-term strategies coming to fruition.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $253.54 | $291.57 | $379.04 |
By 2028, Clorox’s digital transformation initiatives are expected to be fully implemented, leading to improved customer engagement and personalized marketing strategies. The company’s data-driven approach may result in more efficient product development cycles and better inventory management, potentially boosting profitability and investor confidence in the stock.
CLX Stock Price Forecast 2029
As we move into 2029, our forecast suggests that Clorox stock will continue its upward momentum with a projected growth of 11%. This increase reflects the company’s ability to capitalize on long-term market trends and maintain its competitive edge.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $291.57 | $323.64 | $420.73 |
In 2029, Clorox is expected to unveil a groundbreaking line of smart home cleaning devices, integrating Internet of Things (IoT) technology. This move into the smart home market could open up new revenue streams and attract tech-savvy consumers. The potential success of this venture may positively influence investor sentiment and drive stock prices higher.
CLX Stock Price Forecast 2030
The start of a new decade brings positive prospects for Clorox stock. We anticipate a growth rate of approximately 12% in 2030, as the company continues to innovate and adapt to evolving market conditions.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $323.64 | $362.48 | $471.22 |
By 2030, Clorox’s investments in biotechnology are expected to yield a new generation of eco-friendly, highly effective cleaning products. These innovations could potentially revolutionize the industry and strengthen Clorox’s market position. Additionally, the company’s expansion into emerging markets in Africa and South America may contribute to increased global market share and revenue growth. As Clorox expands globally, other consumer goods companies like Kellanova are also making strategic moves. For more information, see our Kellanova stock price prediction.
CLX Stock Price Forecast 2031
In 2031, we expect Clorox stock to maintain its growth momentum with a projected increase of 13%. This continued upward trend reflects the company’s strong market position and ability to generate consistent returns for shareholders.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $362.48 | $409.60 | $532.48 |
Clorox’s commitment to sustainability is expected to reach new heights in 2031, with the introduction of fully biodegradable packaging for all its products. This initiative could resonate strongly with environmentally conscious consumers and potentially attract more institutional investors focused on ESG (Environmental, Social, and Governance) criteria, potentially driving up stock demand.
CLX Stock Price Forecast 2032
As we look ahead to 2032, our analysis suggests that Clorox stock will experience a growth rate of approximately 14%. This acceleration in growth may be attributed to the company’s successful long-term strategies and ability to adapt to changing consumer needs.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $409.60 | $466.94 | $607.02 |
In 2032, Clorox is anticipated to launch an AI-powered personalized cleaning recommendation service, leveraging big data and machine learning. This innovative approach to consumer engagement could potentially increase customer loyalty and recurring revenue streams. The success of this initiative may positively impact the company’s financial performance and stock valuation.
CLX Stock Price Forecast 2033
The year 2033 is expected to bring further gains for Clorox shareholders, with a projected growth rate of 15%. This increase reflects the company’s continued innovation and market leadership in the consumer goods sector.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $466.94 | $536.98 | $698.07 |
Clorox’s research into biotechnology is expected to yield breakthrough products in 2033, including probiotic-based cleaning solutions that promote a healthy home microbiome. This innovative approach could potentially disrupt the cleaning products industry and open up new market segments. The company’s forward-thinking strategy may attract increased investor interest and potentially drive stock prices higher.
CLX Stock Price Forecast 2034
In 2034, we anticipate Clorox stock to maintain its strong performance with a projected growth of 11%. This continued upward trend demonstrates the company’s ability to adapt to changing market dynamics and consumer preferences.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $536.98 | $596.05 | $774.87 |
By 2034, Clorox is expected to have fully integrated IoT technology into its product lineup, offering smart cleaning solutions that can be controlled and monitored via smartphones and home assistants. This tech-forward approach could appeal to a new generation of consumers and potentially increase the company’s market share in the smart home sector, positively impacting stock performance.
CLX Stock Price Forecast 2035
As we move into 2035, our forecast suggests that Clorox stock will continue its upward momentum with a projected growth of 12%. This increase reflects the company’s long-term vision and ability to capitalize on emerging market trends.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $596.05 | $667.58 | $867.85 |
In 2035, Clorox is anticipated to unveil a revolutionary line of nanotechnology-based cleaning products that offer unprecedented efficiency and safety. This innovation could potentially redefine industry standards and strengthen Clorox’s position as a market leader. The company’s continued focus on cutting-edge technology may attract tech-savvy investors and potentially drive up stock valuations. While Clorox innovates in cleaning technology, companies in other sectors are also pushing boundaries. Check out our RELX stock forecast to see how information and analytics companies are evolving.
CLX Stock Price Forecast 2036
The year 2036 is expected to be another strong year for Clorox stock, with our analysis pointing to a growth rate of approximately 13%. This acceleration in growth may be attributed to the company’s successful adaptation to future market challenges and opportunities.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $667.58 | $754.37 | $980.68 |
Clorox’s venture into space-based cleaning solutions for emerging commercial space stations and lunar bases is expected to launch in 2036. This bold move into a new frontier could potentially open up unique market opportunities and showcase the company’s innovative spirit. The success of this initiative may generate significant media attention and investor interest, potentially boosting stock performance.
CLX Stock Price Forecast 2037
In 2037, we expect Clorox stock to maintain its growth momentum with a projected increase of 14%. This continued upward trend reflects the company’s strong market position and ability to generate consistent returns for shareholders.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $754.37 | $859.98 | $1,117.97 |
In 2037, Clorox is expected to introduce a groundbreaking line of personalized cleaning products based on individual biometric data. This innovative approach to product customization could potentially revolutionize the consumer goods industry and create a new premium market segment. The success of this initiative may significantly impact the company’s revenue streams and stock valuation.
CLX Stock Price Forecast 2038
As we look ahead to 2038, our analysis suggests that Clorox stock will experience a growth rate of approximately 15%. This acceleration in growth may be attributed to the company’s successful long-term strategies and ability to adapt to changing consumer needs.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $859.98 | $988.98 | $1,285.67 |
By 2038, Clorox’s implementation of quantum computing in its supply chain management is expected to reach full maturity, resulting in unprecedented efficiency and cost savings. This technological leap could potentially give Clorox a significant competitive advantage in the market. Additionally, the company’s expansion into extraterrestrial markets may open up new and exciting growth opportunities, potentially attracting investors interested in space-related ventures.
CLX Stock Price Forecast 2039
The year 2039 is expected to bring substantial gains for Clorox shareholders, with a projected growth rate of 11%. This increase reflects the company’s continued innovation and market leadership in the consumer goods sector.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $988.98 | $1,097.77 | $1,427.10 |
In 2039, Clorox is anticipated to unveil a revolutionary cleaning technology that operates at the molecular level, offering unparalleled cleaning efficiency and environmental safety. This groundbreaking innovation could potentially disrupt the entire cleaning industry and cement Clorox’s position as a technological leader. The potential success of this venture may significantly impact investor confidence and drive stock prices to new heights.
CLX Stock Price Forecast 2040
In 2040, we anticipate Clorox stock to maintain its strong performance with a projected growth of 12%. This continued upward trend demonstrates the company’s ability to adapt to changing market dynamics and consumer preferences in an increasingly technology-driven world.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $1,097.77 | $1,229.50 | $1,598.35 |
By 2040, Clorox is expected to launch a line of fully autonomous cleaning robots, integrating advanced AI and machine learning capabilities. This move could potentially revolutionize the home cleaning market and open up new revenue streams for the company. Additionally, Clorox’s expansion into personalized genetic health solutions may position the company at the forefront of the growing personalized health and wellness market. As Clorox diversifies into health and wellness, other companies are also adapting to future trends. For a comparison in the consumer goods sector, see our CL stock price prediction.
CLX Stock Price Forecast 2050
Looking ahead to 2050, our long-term forecast for Clorox stock remains exceptionally positive. We project the stock price to reach approximately $5,700 by this time, representing a significant increase from previous years. This growth reflects the company’s potential to innovate, adapt, and thrive in a rapidly changing global market over the next three decades.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $5,415.00 | $5,700.00 | $7,410.00 |
By 2050, Clorox is expected to have transformed into a global leader in advanced biotechnology and nanotechnology-based consumer solutions. The company’s product lineup may include self-replicating cleaning nanobots, atmosphere-purifying home systems, and personalized health optimization products. These revolutionary offerings could potentially redefine multiple industries and position Clorox as a dominant force in the consumer goods and health sectors, driving significant long-term stock value growth.
Conclusion
Our comprehensive analysis of The Clorox Company (NYSE: CLX) stock price forecast from 2024 to 2050 reveals a pattern of steady and substantial growth. We project the stock to reach an impressive $5,700 by 2050, representing a remarkable increase over the 26-year period.
FAQs
1. What is the future of CLX share price?
Based on our analysis, the future of CLX share price appears promising. We project steady growth from $175.72 in 2025 to $5,700 by 2050. This forecast suggests an average annual growth rate between 11-15% over the next few decades.
The company’s focus on innovation, sustainability, and expansion into emerging markets could potentially drive higher growth rates. Investors should monitor Clorox’s adaptability to changing consumer preferences and technological advancements, as these factors may significantly impact future share prices.
2. Is CLX a good long-term stock?
CLX could be considered a good long-term stock for several reasons:
- Consistent growth projections
- Strong brand recognition and market position
- History of innovation and adaptation to market trends
- Focus on sustainability and emerging technologies
- Diversified product portfolio
Clorox’s commitment to research and development, along with its strategic acquisitions, may provide additional long-term value. The company’s ability to maintain its dividend policy and navigate economic uncertainties could further enhance its appeal as a long-term investment option.
3. What is the CLX 10 year outlook?
Our 10-year outlook for CLX is positive. From 2024 to 2034, we project the stock price to grow from $175.72 to $596.05, representing a significant increase. This growth is expected to be driven by:
- Expansion into new markets
- Technological advancements in product development
- Increased focus on sustainable and health-conscious products
- Strategic acquisitions and partnerships
Clorox’s potential ventures into smart home technologies and personalized consumer products could accelerate growth. The company’s adaptation to e-commerce trends and direct-to-consumer models may also positively impact its performance over the next decade.
4. Is CLX a buy, hold, or sell?
Based on our analysis of Clorox’s (CLX) projected growth, market position, and future potential, we would currently classify CLX as a “Hold” with a leaning towards “Buy” for long-term investors. Clorox’s established brand and diverse product portfolio provide a solid foundation for future performance. The company’s commitment to technological advancements and product innovation suggests potential for future market expansion.
5. Who are the major competitors of CLX?
The major competitors of The Clorox Company (NYSE: CLX) include:
- Procter & Gamble Co. (NYSE: PG) – A global consumer goods company known for its broad range of household products, including cleaning supplies and personal care items.
- Colgate-Palmolive Company (NYSE: CL) – A leading consumer products company focused on oral care, personal care, home care, and pet nutrition products.
- Reckitt Benckiser Group PLC (OTC: RBGLY) – A British multinational consumer goods company that produces health, hygiene, and home products, including well-known brands like Lysol.
- Unilever PLC (NYSE: UL) – A global company with a wide array of products in the home care, personal care, and food and refreshment categories.
- Henkel AG & Co. KGaA (OTC: HENKY) – A German multinational that operates in both the consumer and industrial sectors, with well-known brands in laundry and home care, beauty care, and adhesive technologies.
- Church & Dwight Co., Inc. (NYSE: CHD) – Known for its Arm & Hammer brand, Church & Dwight offers a range of household products, including baking soda, laundry detergent, and other cleaning supplies.
- Ecolab Inc. (NYSE: ECL) – Specializes in water, hygiene, and energy technologies and services, providing solutions for cleaning and sanitizing in various industries, including healthcare and food services.
- Kimberly-Clark Corporation (NYSE: KMB) – A leading global company in personal care and tissue products, with brands like Kleenex and Scott, which also includes cleaning and disinfecting products.
- 3M Company (NYSE: MMM) – A diversified technology company that provides products in various industries, including consumer products like cleaning supplies and home care items.
- SC Johnson & Son, Inc. (Private) – A privately held, global manufacturer of household cleaning supplies and other consumer goods, with brands like Windex, Pledge, and Glade.
These companies compete with Clorox in the household products and cleaning supplies markets.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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