Shares of Kimberly Clark Corp (NYSE:KMB) have been assigned a consensus recommendation of “Hold” from the eighteen research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $124.46.
Several research analysts have recently issued reports on KMB shares. JPMorgan Chase & Co. cut Kimberly Clark from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $115.55 to $100.00 in a research note on Friday, October 20th. Citigroup restated a “hold” rating and issued a $125.00 price objective (down from $131.00) on shares of Kimberly Clark in a research note on Tuesday, October 24th. Wells Fargo & Co reduced their price objective on Kimberly Clark from $121.00 to $117.00 and set a “market perform” rating for the company in a research note on Tuesday, October 24th. Bank of America reduced their price objective on Kimberly Clark from $123.00 to $120.00 and set a “neutral” rating for the company 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.
In related news, insider Kimberly K. Underhill sold 23,158 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $119.77, for a total transaction of $2,773,633.66. Following the sale, the insider now directly owns 31,141 shares of the company’s stock, valued at $3,729,757.57. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.56% of the stock is owned by company insiders.
Kimberly Clark (NYSE:KMB) opened at $112.66 on Wednesday. Kimberly Clark has a 12 month low of $109.51 and a 12 month high of $136.21. The stock has a market capitalization of $39,864.79, a PE ratio of 18.25, a PEG ratio of 2.06 and a beta of 0.66. The company has a quick ratio of 0.58, a current ratio of 0.89 and a debt-to-equity ratio of 7.34.
Kimberly Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, January 23rd. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.03. Kimberly Clark had a return on equity of 427.79% and a net margin of 12.48%. The firm had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $4.61 billion. During the same period last year, the business posted $1.45 earnings per share. The company’s revenue for the quarter was up .8% compared to the same quarter last year. research analysts anticipate that Kimberly Clark will post 6.98 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Friday, March 9th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 3.55%. This is a positive change from Kimberly Clark’s previous quarterly dividend of $0.97. The ex-dividend date of this dividend is Thursday, March 8th. Kimberly Clark’s dividend payout ratio (DPR) is 60.53%.
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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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