BNP Paribas Exane Lowers Kimberly-Clark (NASDAQ:KMB) Price Target to $110.00

Kimberly-Clark (NASDAQ:KMB) had its price objective decreased by equities researchers at BNP Paribas Exane from $127.00 to $110.00 in a report released on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. BNP Paribas Exane’s price target suggests a potential upside of 2.85% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Piper Sandler cut their price target on Kimberly-Clark from $149.00 to $145.00 and set an “overweight” rating for the company in a research note on Thursday, October 2nd. UBS Group raised their price objective on shares of Kimberly-Clark from $130.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Evercore ISI reiterated an “in-line” rating and issued a $120.00 target price (down from $150.00) on shares of Kimberly-Clark in a research note on Tuesday, November 4th. Cowen restated a “hold” rating on shares of Kimberly-Clark in a research note on Tuesday, November 4th. Finally, TD Cowen cut their price target on shares of Kimberly-Clark from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Friday, October 31st. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $126.00.

Kimberly-Clark Stock Down 1.5%

Kimberly-Clark stock opened at $106.95 on Monday. The firm’s 50 day moving average price is $113.58 and its two-hundred day moving average price is $125.25. The firm has a market cap of $35.49 billion, a PE ratio of 14.73, a P/E/G ratio of 3.67 and a beta of 0.26. Kimberly-Clark has a twelve month low of $99.22 and a twelve month high of $150.45. The company has a debt-to-equity ratio of 4.61, a quick ratio of 0.56 and a current ratio of 0.77.

Kimberly-Clark (NASDAQ:KMB) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $4.14 billion. During the same period in the prior year, the business posted $1.83 earnings per share. Kimberly-Clark’s revenue for the quarter was up .1% compared to the same quarter last year. On average, research analysts predict that Kimberly-Clark will post 7.5 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KMB. Investment Research & Advisory Group Inc. acquired a new position in shares of Kimberly-Clark during the second quarter valued at $25,000. Cloud Capital Management LLC acquired a new stake in shares of Kimberly-Clark in the 3rd quarter worth about $25,000. True Wealth Design LLC lifted its position in Kimberly-Clark by 177.6% in the 3rd quarter. True Wealth Design LLC now owns 211 shares of the company’s stock valued at $26,000 after purchasing an additional 135 shares during the last quarter. Princeton Global Asset Management LLC boosted its stake in Kimberly-Clark by 989.5% during the 2nd quarter. Princeton Global Asset Management LLC now owns 207 shares of the company’s stock valued at $27,000 after purchasing an additional 188 shares during the period. Finally, Winnow Wealth LLC bought a new position in Kimberly-Clark in the 2nd quarter worth about $27,000. 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.