Kimberly-Clark Co. (NYSE:KMB – Get Free Report) insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Kimberly-Clark Price Performance
Shares of NYSE:KMB traded up $1.74 on Wednesday, reaching $137.78. 3,551,330 shares of the company were exchanged, compared to its average volume of 2,222,973. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 6.94. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.87. The firm has a market cap of $46.42 billion, a price-to-earnings ratio of 26.46, a price-to-earnings-growth ratio of 3.83 and a beta of 0.40. The company has a 50-day moving average of $124.78 and a 200-day moving average of $122.55.
Kimberly-Clark (NYSE:KMB – Get Free Report) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the company posted $1.67 EPS. Equities analysts forecast that Kimberly-Clark Co. will post 6.84 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the stock. Evercore ISI upgraded shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $133.00 to $150.00 in a research report on Thursday, March 28th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research report on Thursday, March 28th. Barclays upped their price target on shares of Kimberly-Clark from $124.00 to $132.00 and gave the company an “equal weight” rating in a research report on Friday, April 12th. The Goldman Sachs Group upped their price target on shares of Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, UBS Group upped their price target on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $135.21.
Check Out Our Latest Report on KMB
Kimberly-Clark Company Profile
Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.
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