Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Stock Price Up 5.4% on Better-Than-Expected Earnings

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s share price rose 5.4% on Friday following a better than expected earnings announcement. The company traded as high as $11.88 and last traded at $11.85. Approximately 1,376 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 39,871 shares. The stock had previously closed at $11.24.

The basic materials company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.71% and a return on equity of 188.20%. The company had revenue of $794.62 million during the quarter, compared to the consensus estimate of $797.86 million.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities upgraded Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Trading Down 1.2%

The firm has a 50 day moving average of $10.60 and a 200 day moving average of $10.05. The firm has a market cap of $7.08 billion, a PE ratio of 17.44 and a beta of 0.75. The company has a quick ratio of 0.97, a current ratio of 1.27 and a debt-to-equity ratio of 3.60.

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, SAB. de C.V. operates as one of the leading manufacturers of personal care and paper‐based products in Mexico. As a locally managed subsidiary of the global Kimberly-Clark Corporation, the company focuses on the production, marketing and distribution of consumer staples designed for everyday use, ranging from facial and bathroom tissue to diapers and feminine care items.

The company’s portfolio includes well-known brands such as Kleenex and Scott for tissue products, Huggies for baby care, Kotex for feminine hygiene and Depend for adult incontinence.