Equities analysts predict that Kimberly Clark Corp (NYSE:KMB) will post earnings per share (EPS) of $1.55 for the current quarter, according to Zacks. Four analysts have issued estimates for Kimberly Clark’s earnings, with the lowest EPS estimate coming in at $1.53 and the highest estimate coming in at $1.56. Kimberly Clark posted earnings per share of $1.45 during the same quarter last year, which indicates a positive year over year growth rate of 6.9%. The firm is expected to announce its next quarterly earnings report before the market opens on Tuesday, January 23rd.

According to Zacks, analysts expect that Kimberly Clark will report full year earnings of $6.20 per share for the current financial year, with EPS estimates ranging from $6.19 to $6.22. For the next financial year, analysts expect that the business will post earnings of $6.57 per share, with EPS estimates ranging from $6.33 to $6.95. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Kimberly Clark.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings data on Monday, October 23rd. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.54 by $0.06. Kimberly Clark had a net margin of 11.89% and a return on equity of 666.97%. The firm had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.65 billion. During the same period in the prior year, the business posted $1.52 EPS. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year.

KMB has been the topic of several research reports. Societe Generale raised shares of Kimberly Clark from a “hold” rating to a “buy” rating and lifted their target price for the company from $112.05 to $144.00 in a report on Thursday, November 2nd. Zacks Investment Research upgraded shares of Kimberly Clark from a “hold” rating to a “buy” rating and set a $134.00 price objective for the company in a research note on Wednesday, January 10th. Royal Bank of Canada reiterated a “hold” rating and issued a $121.00 price objective on shares of Kimberly Clark in a research note on Friday, October 13th. Citigroup reiterated a “hold” rating and issued a $125.00 price objective (down previously from $131.00) on shares of Kimberly Clark in a research note on Tuesday, October 24th. Finally, Barclays reiterated a “hold” rating on shares of Kimberly Clark in a research note on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $126.50.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Martin Investment Management LLC purchased a new stake in Kimberly Clark during the second quarter worth approximately $443,000. Capital Research Global Investors lifted its position in shares of Kimberly Clark by 46.6% during the second quarter. Capital Research Global Investors now owns 10,037,901 shares of the company’s stock worth $1,295,993,000 after purchasing an additional 3,191,549 shares in the last quarter. Pax World Management LLC lifted its position in shares of Kimberly Clark by 7.7% during the second quarter. Pax World Management LLC now owns 2,784 shares of the company’s stock worth $359,000 after purchasing an additional 200 shares in the last quarter. Boston Family Office LLC lifted its position in shares of Kimberly Clark by 0.8% during the second quarter. Boston Family Office LLC now owns 11,588 shares of the company’s stock worth $1,496,000 after purchasing an additional 90 shares in the last quarter. Finally, Strategy Asset Managers LLC lifted its position in shares of Kimberly Clark by 80.0% during the second quarter. Strategy Asset Managers LLC now owns 3,128 shares of the company’s stock worth $404,000 after purchasing an additional 1,390 shares in the last quarter. Institutional investors own 71.46% of the company’s stock.

Shares of Kimberly Clark (NYSE KMB) opened at $114.26 on Wednesday. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64. The firm has a market cap of $40,600.00, a price-to-earnings ratio of 18.85, a PEG ratio of 2.77 and a beta of 0.75. Kimberly Clark has a fifty-two week low of $109.67 and a fifty-two week high of $136.21.

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Stockholders of record on Friday, December 8th were issued a dividend of $0.97 per share. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.40%. Kimberly Clark’s dividend payout ratio (DPR) is presently 64.03%.

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About Kimberly Clark

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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Earnings History and Estimates for Kimberly Clark (NYSE:KMB)

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