Kimberly-Clark (NYSE:KMB) will be announcing its earnings results before the market opens on Monday, April 23rd. Analysts expect the company to announce earnings of $1.70 per share for the quarter. Kimberly-Clark has set its FY18 guidance at $6.90-7.20 EPS.
Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, January 23rd. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.03. Kimberly-Clark had a net margin of 12.48% and a return on equity of 427.79%. The business had revenue of $4.58 billion for the quarter, compared to analysts’ expectations of $4.61 billion. During the same period in the previous year, the company posted $1.45 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. On average, analysts expect Kimberly-Clark to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
NYSE KMB opened at $105.84 on Monday. Kimberly-Clark has a 52 week low of $104.58 and a 52 week high of $134.29. The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.58 and a current ratio of 0.89. The firm has a market cap of $37,230.98, a PE ratio of 16.99, a PEG ratio of 1.92 and a beta of 0.66.
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 3rd. Investors of record on Friday, March 9th were issued a $1.00 dividend. The ex-dividend date of this dividend was Thursday, March 8th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $0.97. This represents a $4.00 annualized dividend and a yield of 3.78%. Kimberly-Clark’s dividend payout ratio is currently 64.21%.
In other Kimberly-Clark news, insider Kimberly K. Underhill sold 23,158 shares of the business’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $119.77, for a total transaction of $2,773,633.66. Following the completion of the sale, the insider now owns 31,141 shares in the company, valued at $3,729,757.57. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.64% of the stock is owned by insiders.
Several research firms recently issued reports on KMB. Zacks Investment Research raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating and set a $134.00 price target on the stock in a report on Wednesday, January 10th. Citigroup set a $112.00 price target on shares of Kimberly-Clark and gave the company a “sell” rating in a report on Wednesday, January 24th. Finally, Barclays set a $119.00 price target on shares of Kimberly-Clark and gave the company a “hold” rating in a report on Thursday, March 15th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $124.63.
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Kimberly-Clark Company Profile
Kimberly-Clark Corp. is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment manufactures and markets disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products.
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