Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Releases Quarterly Earnings Results

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) posted its earnings results on Thursday. The basic materials company reported $0.20 earnings per share for the quarter, Zacks reports. Kimberly-Clark de Mexico SAB de CV had a return on equity of 140.79% and a net margin of 13.02%.

Kimberly-Clark de Mexico SAB de CV Stock Performance

OTCMKTS:KCDMY traded up $0.41 during trading hours on Thursday, reaching $11.65. The company had a trading volume of 63,502 shares, compared to its average volume of 39,872. The company has a debt-to-equity ratio of 3.60, a current ratio of 1.27 and a quick ratio of 0.97. Kimberly-Clark de Mexico SAB de CV has a 1-year low of $7.14 and a 1-year high of $11.65. The business’s 50 day moving average price is $10.54 and its 200-day moving average price is $10.01. The firm has a market cap of $7.17 billion, a PE ratio of 19.10 and a beta of 0.75.

Wall Street Analysts Forecast Growth

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 research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

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.