Kimberly-Clark (KMB) Expected to Announce Quarterly Earnings on Tuesday

Kimberly-Clark (NYSE:KMB) is anticipated to post its quarterly earnings results before the market opens on Tuesday, January 28th. Analysts expect Kimberly-Clark to post earnings of $1.50 per share and revenue of $4,866,976.61 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Kimberly-Clark Trading Up 1.1 %

NYSE:KMB opened at $128.40 on Friday. The business’s 50-day moving average is $131.85 and its two-hundred day moving average is $137.60. The firm has a market capitalization of $42.82 billion, a PE ratio of 16.65, a price-to-earnings-growth ratio of 3.53 and a beta of 0.41. Kimberly-Clark has a 12 month low of $117.67 and a 12 month high of $149.30. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55.

Kimberly-Clark Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 63.29%.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the transaction, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. This represents a 37.25 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.62% of the company’s stock.

Analyst Ratings Changes

KMB has been the topic of a number of analyst reports. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective on the stock. in a research note on Wednesday, January 8th. Barclays dropped their price target on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. Citigroup lowered their target price on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research note on Wednesday, January 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research report on Friday. Finally, UBS Group reduced their price target on Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $143.71.

About Kimberly-Clark

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.