#4 - Kimberly-Clark (NYSE:KMB)
Sticking with household products that consumers use every day brings us to the next stock on this list, Kimberly-Clark Corporation (NYSE: KMB). In a year when the broader market is up approximately 17%, KMB stock has been an underperformer. However, a quick look at the fundamentals should give value-minded investors a reason to believe this is a consumer stock to buy if inflation is on the rise.
In a similar theme to other stocks on this list, KMB stock trades at around 26x earnings, but its forward P/E is 19.9x, which is very attractive. The company is also expected to show 9% earnings growth in the next 12 months.
The Kimberly-Clark analyst ratings on MarketBeat suggest that now may be a time to reduce your position. However, recent ratings hint at a price target that is significantly higher than the current price.
And even if you're unsure about the direction of the stock, you'll be investing in another Dividend King with a 3.69% yield, a $4.72 annual payout, and has been increasing its payout for 52 years.
About Kimberly-Clark
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.
More- Current Price
- $128.93
- Consensus Rating
- Hold
- Ratings Breakdown
- 5 Buy Ratings, 8 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $143.64 (11.4% Upside)
