Shares of Kimberly-Clark Corporation (NYSE:KMB) have earned a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $125.75.
KMB has been the subject of several research analyst reports. Zacks Investment Research upgraded Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a research report on Thursday. Societe Generale upgraded Kimberly-Clark Corporation from a “hold” rating to a “buy” rating and lifted their target price for the company from $112.05 to $144.00 in a report on Thursday. Citigroup Inc. cut their price target on Kimberly-Clark Corporation from $125.00 to $124.00 and set a “neutral” rating on the stock in a research note on Friday, October 27th. Barclays PLC restated a “hold” rating on shares of Kimberly-Clark Corporation in a research note on Thursday, October 26th. Finally, Bank of America Corporation cut their price target on Kimberly-Clark Corporation from $123.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 24th.
Institutional investors and hedge funds have recently bought and sold shares of the company. Tortoise Investment Management LLC increased its position in shares of Kimberly-Clark Corporation by 4.7% during the first quarter. Tortoise Investment Management LLC now owns 758 shares of the company’s stock worth $100,000 after purchasing an additional 34 shares in the last quarter. Heritage Trust Co acquired a new stake in shares of Kimberly-Clark Corporation during the first quarter worth about $118,000. Armbruster Capital Management Inc. increased its position in shares of Kimberly-Clark Corporation by 38.5% during the first quarter. Armbruster Capital Management Inc. now owns 900 shares of the company’s stock worth $118,000 after purchasing an additional 250 shares in the last quarter. V Wealth Management LLC acquired a new stake in shares of Kimberly-Clark Corporation during the second quarter worth about $123,000. Finally, Sterling Investment Advisors Ltd. increased its position in shares of Kimberly-Clark Corporation by 63.8% during the first quarter. Sterling Investment Advisors Ltd. now owns 1,027 shares of the company’s stock worth $135,000 after purchasing an additional 400 shares in the last quarter. Institutional investors and hedge funds own 70.38% of the company’s stock.
Kimberly-Clark Corporation (KMB) opened at $110.79 on Monday. The firm has a market cap of $38,971.20, a P/E ratio of 18.13, a P/E/G ratio of 2.88 and a beta of 0.74. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64.
Kimberly-Clark Corporation (NYSE:KMB) last posted its quarterly earnings results on Monday, October 23rd. The company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.54 by $0.06. Kimberly-Clark Corporation had a return on equity of 666.97% and a net margin of 11.89%. The firm had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $4.65 billion. During the same quarter last year, the firm earned $1.52 earnings per share. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. research analysts anticipate that Kimberly-Clark Corporation will post 6.2 earnings per share for the current fiscal year.
Kimberly-Clark Corporation Company Profile
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
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