Kimberly-Clark Corporation (NASDAQ:KMB – Get Free Report) has been assigned an average rating of “Hold” from the seventeen brokerages that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $117.9286.
A number of equities research analysts have issued reports on KMB shares. Seaport Research Partners raised Kimberly-Clark to a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings upgraded shares of Kimberly-Clark from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 28th. Piper Sandler raised their target price on shares of Kimberly-Clark from $115.00 to $121.00 and gave the company an “overweight” rating in a research note on Wednesday, June 17th. Barclays lifted their target price on shares of Kimberly-Clark from $101.00 to $115.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Finally, Wells Fargo & Company upped their price target on shares of Kimberly-Clark from $100.00 to $110.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th.
Get Our Latest Analysis on KMB
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Kimberly-Clark Stock Performance
Shares of KMB opened at $110.39 on Wednesday. The firm has a market cap of $36.71 billion, a price-to-earnings ratio of 18.77, a price-to-earnings-growth ratio of 5.27 and a beta of 0.26. The company’s fifty day moving average is $108.10 and its 200-day moving average is $103.13. The company has a quick ratio of 0.69, a current ratio of 0.91 and a debt-to-equity ratio of 3.45. Kimberly-Clark has a 12 month low of $92.42 and a 12 month high of $136.17.
Kimberly-Clark (NASDAQ:KMB – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.21). The business had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $4.22 billion. Kimberly-Clark had a return on equity of 143.92% and a net margin of 11.79%.The company’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.92 earnings per share. Equities analysts expect that Kimberly-Clark will post 7.43 EPS for the current fiscal year.
Kimberly-Clark Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 4th will be given a dividend of $1.28 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.12 dividend on an annualized basis and a yield of 4.6%. Kimberly-Clark’s dividend payout ratio (DPR) is 87.07%.
About Kimberly-Clark
Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.
Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.
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