Zacks Research Raises Earnings Estimates for Kimberly-Clark

Kimberly-Clark Co. (NYSE:KMB - Free Report) - Research analysts at Zacks Research upped their FY2024 EPS estimates for shares of Kimberly-Clark in a report released on Tuesday, November 12th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $7.27 for the year, up from their previous estimate of $7.21. The consensus estimate for Kimberly-Clark's current full-year earnings is $7.26 per share. Zacks Research also issued estimates for Kimberly-Clark's Q4 2024 earnings at $1.47 EPS, Q1 2025 earnings at $1.97 EPS, Q2 2025 earnings at $1.87 EPS, Q3 2025 earnings at $1.86 EPS, Q4 2025 earnings at $1.82 EPS, FY2025 earnings at $7.52 EPS, Q1 2026 earnings at $2.09 EPS, Q2 2026 earnings at $1.97 EPS, Q3 2026 earnings at $1.95 EPS and FY2026 earnings at $7.75 EPS.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.14. The business had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. Kimberly-Clark's quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.74 EPS.

KMB has been the topic of a number of other research reports. Argus raised shares of Kimberly-Clark to a "hold" rating in a research report on Friday, July 26th. Wells Fargo & Company cut their price objective on shares of Kimberly-Clark from $138.00 to $134.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 24th. UBS Group cut their price objective on shares of Kimberly-Clark from $153.00 to $151.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 23rd. StockNews.com lowered shares of Kimberly-Clark from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, July 30th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Kimberly-Clark has a consensus rating of "Hold" and an average price target of $149.93.

Kimberly-Clark Stock Down 0.0 %

Shares of NYSE:KMB traded down $0.01 during mid-day trading on Thursday, reaching $132.18. 828,219 shares of the stock were exchanged, compared to its average volume of 2,102,048. The company has a market cap of $44.08 billion, a P/E ratio of 17.15, a P/E/G ratio of 2.78 and a beta of 0.40. The stock's 50 day simple moving average is $140.08 and its 200-day simple moving average is $139.18. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. Kimberly-Clark has a one year low of $117.67 and a one year high of $149.30.

Kimberly-Clark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 6th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.69%. Kimberly-Clark's dividend payout ratio (DPR) is 63.29%.

Hedge Funds Weigh In On Kimberly-Clark

A number of large investors have recently modified their holdings of KMB. William B. Walkup & Associates Inc. purchased a new stake in Kimberly-Clark in the 2nd quarter worth about $26,000. Crewe Advisors LLC bought a new stake in Kimberly-Clark in the 1st quarter worth approximately $27,000. New Millennium Group LLC bought a new stake in Kimberly-Clark in the 2nd quarter worth approximately $28,000. Darwin Wealth Management LLC bought a new stake in Kimberly-Clark in the third quarter valued at approximately $29,000. Finally, Strategic Financial Concepts LLC bought a new stake in Kimberly-Clark in the second quarter valued at approximately $32,000. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.