Shares of Kimberly Clark Corp (NYSE:KMB) have earned an average rating of “Hold” from the sixteen brokerages that are currently covering the company, MarketBeat reports. 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. The average 1 year price objective among brokers that have covered the stock in the last year is $133.08.
KMB has been the topic of several recent analyst reports. Morgan Stanley boosted their price objective on shares of Kimberly Clark from $145.00 to $147.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 24th. Bank of America restated a “neutral” rating and set a $143.00 price objective (up from $135.00) on shares of Kimberly Clark in a research note on Wednesday, June 19th. Atlantic Securities upgraded shares of Kimberly Clark from an “underweight” rating to a “neutral” rating in a research note on Wednesday, July 24th. Wells Fargo & Co restated a “hold” rating and set a $130.00 price objective on shares of Kimberly Clark in a research note on Tuesday, July 23rd. Finally, Deutsche Bank boosted their price objective on shares of Kimberly Clark from $113.00 to $122.00 and gave the stock a “sell” rating in a research note on Monday, June 17th.
In related news, insider Aaron Powell sold 3,964 shares of Kimberly Clark stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $137.95, for a total transaction of $546,833.80. Following the completion of the sale, the insider now owns 5,780 shares of the company’s stock, valued at approximately $797,351. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP J. Scott Boston sold 4,834 shares of Kimberly Clark stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $136.26, for a total transaction of $658,680.84. Following the sale, the senior vice president now directly owns 11,901 shares of the company’s stock, valued at approximately $1,621,630.26. The disclosure for this sale can be found here. Insiders have sold a total of 44,584 shares of company stock valued at $6,242,483 in the last ninety days. 0.85% of the stock is currently owned by insiders.
KMB stock traded up $0.92 during midday trading on Friday, hitting $135.04. The company’s stock had a trading volume of 2,780,990 shares, compared to its average volume of 1,754,881. The company has a debt-to-equity ratio of 134.02, a current ratio of 0.81 and a quick ratio of 0.53. Kimberly Clark has a twelve month low of $100.32 and a twelve month high of $143.16. The company’s fifty day moving average price is $137.86 and its 200 day moving average price is $131.00. The stock has a market capitalization of $45.40 billion, a P/E ratio of 20.43, a PEG ratio of 3.53 and a beta of 0.54.
Kimberly Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, July 23rd. The company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.03. The company had revenue of $4.59 billion for the quarter, compared to analyst estimates of $4.60 billion. Kimberly Clark had a net margin of 9.80% and a return on equity of 27,094.12%. Kimberly Clark’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.59 EPS. Equities analysts expect that Kimberly Clark will post 6.79 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Friday, September 6th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Thursday, September 5th. Kimberly Clark’s payout ratio is 62.33%.
About Kimberly Clark
Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.
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