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.
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.
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