Kimberly-Clark (KMB) Projected to Post Earnings on Tuesday

Kimberly-Clark (NYSE:KMB) is projected 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

Kimberly-Clark Stock Up 1.1 %

Shares of NYSE:KMB opened at $128.40 on Monday. The firm has a fifty day moving average price of $131.85 and a two-hundred day moving average price of $137.59. The company has a market cap of $42.82 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 3.53 and a beta of 0.41. 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 has a one year low of $117.67 and a one year high of $149.30.

Kimberly-Clark Announces Dividend

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

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the transaction, the vice president now directly owns 5,053 shares of the company’s stock, valued at $702,417.53. The trade was a 37.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.62% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on KMB. Piper Sandler decreased their target price on Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research report on Friday. Deutsche Bank Aktiengesellschaft raised their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, October 8th. JPMorgan Chase & Co. cut their price target on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Finally, Citigroup lowered their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research report on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $143.71.

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.