Kimberly Clark (KMB) Set to Announce Quarterly Earnings on Tuesday
Kimberly Clark (NYSE:KMB) will post its quarterly earnings results before the market opens on Tuesday, January 23rd. Analysts expect Kimberly Clark to post earnings of $1.55 per share for the quarter.
Kimberly Clark (NYSE:KMB) last issued its quarterly earnings data on Monday, October 23rd. The company reported $1.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.54 by $0.06. The business had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.65 billion. Kimberly Clark had a return on equity of 666.97% and a net margin of 11.89%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.52 EPS. On average, analysts expect Kimberly Clark to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Shares of Kimberly Clark (NYSE:KMB) opened at $112.98 on Tuesday. The stock has a market capitalization of $39,740.00, a P/E ratio of 18.64, a PEG ratio of 2.77 and a beta of 0.75. Kimberly Clark has a twelve month low of $109.67 and a twelve month high of $136.21. The company has a current ratio of 0.97, a quick ratio of 0.64 and a debt-to-equity ratio of 14.17.
Several analysts have recently issued reports on the company. Zacks Investment Research raised Kimberly Clark from a “hold” rating to a “buy” rating and set a $134.00 price objective on the stock in a report on Wednesday, January 10th. Deutsche Bank assumed coverage on Kimberly Clark in a report on Wednesday, December 13th. They set a “hold” rating and a $121.00 price objective on the stock. Citigroup cut Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price objective on the stock. in a report on Monday, December 11th. Societe Generale raised Kimberly Clark from a “hold” rating to a “buy” rating and upped their price objective for the stock from $112.05 to $144.00 in a report on Thursday, November 2nd. Finally, Barclays reaffirmed a “hold” rating on shares of Kimberly Clark in a report on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $126.50.
Kimberly Clark Company Profile
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
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