Kimberly-Clark (KMB) Downgraded by ValuEngine to Sell

ValuEngine lowered shares of Kimberly-Clark (NYSE:KMB) from a hold rating to a sell rating in a report released on Monday.

Other analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Kimberly-Clark from a hold rating to a buy rating and set a $120.00 price objective for the company in a research note on Tuesday, April 3rd. Barclays set a $119.00 price objective on shares of Kimberly-Clark and gave the stock a hold rating in a research note on Thursday, March 15th. Wells Fargo reduced their price objective on shares of Kimberly-Clark from $117.00 to $108.00 and set a market perform rating for the company in a research note on Thursday, April 19th. Finally, Citigroup set a $112.00 price objective on shares of Kimberly-Clark and gave the stock a sell rating in a research note on Wednesday, January 24th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of Hold and an average price target of $119.33.

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Shares of Kimberly-Clark stock opened at $102.30 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.80 and a debt-to-equity ratio of 10.96. Kimberly-Clark has a 1-year low of $97.10 and a 1-year high of $134.29. The firm has a market capitalization of $35,072.64, a PE ratio of 16.42, a PEG ratio of 1.92 and a beta of 0.66.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Monday, April 23rd. The company reported $1.71 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.71. Kimberly-Clark had a net margin of 9.77% and a return on equity of 398.41%. The business had revenue of $4.73 billion during the quarter, compared to analysts’ expectations of $4.60 billion. During the same period in the previous year, the company earned $1.57 earnings per share. Kimberly-Clark’s revenue for the quarter was up 5.0% on a year-over-year basis. analysts anticipate that Kimberly-Clark will post 6.97 EPS for the current year.

In related news, insider Kimberly K. Underhill sold 23,158 shares of the company’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 transaction, the insider now directly owns 31,141 shares in the company, valued at approximately $3,729,757.57. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.64% of the stock is owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. increased its holdings in Kimberly-Clark by 19.9% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 60,777 shares of the company’s stock valued at $7,333,000 after buying an additional 10,068 shares during the period. Wagner Wealth Management LLC bought a new stake in Kimberly-Clark in the 4th quarter valued at $206,000. KCM Investment Advisors LLC increased its holdings in Kimberly-Clark by 3.6% in the 4th quarter. KCM Investment Advisors LLC now owns 155,508 shares of the company’s stock valued at $18,764,000 after buying an additional 5,431 shares during the period. Colonial Trust Advisors increased its holdings in Kimberly-Clark by 11.2% in the 4th quarter. Colonial Trust Advisors now owns 27,627 shares of the company’s stock valued at $3,333,000 after buying an additional 2,784 shares during the period. Finally, Cedar Hill Associates LLC bought a new stake in shares of Kimberly-Clark in the 4th quarter worth about $262,000. Hedge funds and other institutional investors own 74.57% of the company’s stock.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Kimberly-Clark (NYSE:KMB)

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