Morgan Stanley Issues Pessimistic Forecast for Kimberly-Clark (NASDAQ:KMB) Stock Price

Kimberly-Clark (NASDAQ:KMB) had its price objective lowered by analysts at Morgan Stanley from $144.00 to $125.00 in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s target price suggests a potential upside of 24.94% from the company’s current price.

KMB has been the subject of several other research reports. UBS Group upped their price objective on shares of Kimberly-Clark from $130.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Piper Sandler cut their price objective on shares of Kimberly-Clark from $149.00 to $145.00 and set an “overweight” rating for the company in a research report on Thursday, October 2nd. JPMorgan Chase & Co. upped their price objective on shares of Kimberly-Clark from $127.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Citigroup lowered their target price on Kimberly-Clark from $118.00 to $113.00 and set a “sell” rating for the company in a research note on Thursday, October 9th. Finally, Barclays set a $132.00 target price on Kimberly-Clark in a research note on Monday. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $129.80.

Kimberly-Clark Trading Down 0.6%

KMB opened at $100.05 on Tuesday. Kimberly-Clark has a twelve month low of $99.22 and a twelve month high of $150.45. The company has a 50-day simple moving average of $122.16 and a 200 day simple moving average of $129.13. The company has a quick ratio of 0.56, a current ratio of 0.77 and a debt-to-equity ratio of 4.61. The stock has a market capitalization of $33.19 billion, a price-to-earnings ratio of 13.78, a P/E/G ratio of 3.67 and a beta of 0.30.

Kimberly-Clark (NASDAQ:KMB) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.37. Kimberly-Clark had a net margin of 12.87% and a return on equity of 184.87%. The business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.14 billion. During the same quarter in the prior year, the business posted $1.83 earnings per share. Kimberly-Clark’s revenue was up .1% compared to the same quarter last year. Analysts predict that Kimberly-Clark will post 7.5 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in KMB. Brighton Jones LLC increased its stake in shares of Kimberly-Clark by 74.1% in the fourth quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock valued at $851,000 after buying an additional 2,765 shares during the period. Penserra Capital Management LLC increased its stake in shares of Kimberly-Clark by 629.0% in the first quarter. Penserra Capital Management LLC now owns 6,379 shares of the company’s stock valued at $906,000 after buying an additional 5,504 shares during the period. Capital Advisors Inc. OK increased its stake in shares of Kimberly-Clark by 19.6% in the first quarter. Capital Advisors Inc. OK now owns 2,019 shares of the company’s stock valued at $287,000 after buying an additional 331 shares during the period. Beverly Hills Private Wealth LLC increased its stake in shares of Kimberly-Clark by 5.9% in the first quarter. Beverly Hills Private Wealth LLC now owns 3,030 shares of the company’s stock valued at $431,000 after buying an additional 170 shares during the period. Finally, Valeo Financial Advisors LLC increased its stake in shares of Kimberly-Clark by 3.3% in the first quarter. Valeo Financial Advisors LLC now owns 13,234 shares of the company’s stock valued at $1,882,000 after buying an additional 425 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

About Kimberly-Clark

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company’s Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.