Kimberly Clark Corp (KMB) Receives Consensus Rating of “Hold” from Analysts

Kimberly Clark Corp (NYSE:KMB) has been assigned an average recommendation of “Hold” from the eighteen analysts that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $125.21.

Several equities research analysts have commented on KMB shares. Societe Generale upgraded shares of Kimberly Clark from a “hold” rating to a “buy” rating and increased their price objective for the company from $112.05 to $144.00 in a research note 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 restated a “hold” rating on shares of Kimberly Clark in a research note on Thursday, October 26th.

Shares of Kimberly Clark (KMB) opened at $115.49 on Friday. 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 company has a market cap of $40,571.69, a PE ratio of 18.88, a price-to-earnings-growth ratio of 2.83 and a beta of 0.75. Kimberly Clark has a one year low of $109.67 and a one year high of $136.21.

Kimberly Clark (NYSE:KMB) last posted its quarterly earnings data on Monday, October 23rd. The company reported $1.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.54 by $0.06. The firm had revenue of $4.64 billion during the quarter, compared to analyst estimates of $4.65 billion. Kimberly Clark had a net margin of 11.89% and a return on equity of 666.97%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the business posted $1.52 EPS. equities research analysts forecast that Kimberly Clark will post 6.2 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Stockholders of record on Friday, December 8th were paid a dividend of $0.97 per share. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $3.88 annualized dividend and a dividend yield of 3.36%. Kimberly Clark’s payout ratio is currently 64.03%.

Several hedge funds have recently modified their holdings of KMB. San Francisco Sentry Investment Group CA boosted its holdings in Kimberly Clark by 2,385.0% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock worth $117,000 after buying an additional 954 shares during the period. Heritage Trust Co boosted its holdings in Kimberly Clark by 11.2% in the 2nd quarter. Heritage Trust Co now owns 995 shares of the company’s stock worth $128,000 after buying an additional 100 shares during the period. Armbruster Capital Management Inc. boosted its holdings in Kimberly Clark by 15.9% in the 2nd quarter. Armbruster Capital Management Inc. now owns 1,043 shares of the company’s stock worth $135,000 after buying an additional 143 shares during the period. Mosaic Family Wealth LLC boosted its holdings in Kimberly Clark by 0.5% in the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock worth $144,000 after buying an additional 6 shares during the period. Finally, Acrospire Investment Management LLC boosted its holdings in Kimberly Clark by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock worth $155,000 after buying an additional 300 shares during the period. Institutional investors own 71.46% of the company’s stock.

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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.

Analyst Recommendations for Kimberly Clark (NYSE:KMB)

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