Kimberly-Clark (NYSE:KMB - Get Free Report) is expected to be releasing its earnings data before the market opens on Tuesday, January 28th. Analysts expect Kimberly-Clark to post earnings of $1.50 per share and revenue of $4,866,976.61 billion for the quarter. Investors that wish to listen to the company's conference call can do so using this link.
Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company had revenue of $4.95 billion during the quarter, compared to analysts' expectations of $5.06 billion. During the same quarter in the previous year, the business posted $1.74 earnings per share. The firm's quarterly revenue was down 3.5% compared to the same quarter last year. On average, analysts expect Kimberly-Clark to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Kimberly-Clark Price Performance
Shares of KMB stock traded down $0.69 during trading hours on Tuesday, hitting $126.53. The company's stock had a trading volume of 992,670 shares, compared to its average volume of 1,837,988. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. The business has a fifty day moving average of $132.29 and a 200-day moving average of $137.91. Kimberly-Clark has a twelve month low of $117.67 and a twelve month high of $149.30. The stock has a market cap of $42.19 billion, a price-to-earnings ratio of 16.41, a P/E/G ratio of 3.56 and a beta of 0.41.
Kimberly-Clark Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark's payout ratio is 63.29%.
Insider Buying and Selling at Kimberly-Clark
In other news, VP Andrew Drexler sold 3,000 shares of the company's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares in the company, valued at approximately $702,417.53. This represents a 37.25 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.62% of the company's stock.
Analysts Set New Price Targets
KMB has been the topic of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating on the stock in a research note on Thursday, January 16th. Barclays cut their price objective on shares of Kimberly-Clark from $144.00 to $132.00 and set an "equal weight" rating for the company in a research report on Friday. Citigroup lowered their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a research note on Wednesday, January 15th. TD Cowen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price target on the stock. in a research report on Wednesday, January 8th. Finally, UBS Group dropped their price objective on shares of Kimberly-Clark from $151.00 to $132.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, Kimberly-Clark has an average rating of "Hold" and a consensus target price of $143.71.
Check Out Our Latest Report on Kimberly-Clark
Kimberly-Clark Company Profile
(
Get Free Report)
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.
See Also
Before you consider Kimberly-Clark, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kimberly-Clark wasn't on the list.
While Kimberly-Clark currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.