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

Kimberly-Clark (NYSE:KMB) is expected to be posting its quarterly earnings results before the market opens on Tuesday, April 22nd. Analysts expect Kimberly-Clark to post earnings of $1.91 per share and revenue of $4.90 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. On average, analysts expect Kimberly-Clark to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock opened at $142.68 on Monday. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The firm has a 50 day simple moving average of $139.52 and a 200 day simple moving average of $135.68. Kimberly-Clark has a fifty-two week low of $124.10 and a fifty-two week high of $150.45. The firm has a market cap of $47.32 billion, a P/E ratio of 18.90, a P/E/G ratio of 4.46 and a beta of 0.37.

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were given a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a yield of 3.53%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date was Friday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 66.75%.

Insider Buying and Selling at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now owns 7,720 shares in the company, valued at $1,088,520. The trade was a 58.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.64% of the company’s stock.

Institutional Trading of Kimberly-Clark

An institutional investor recently raised its position in Kimberly-Clark stock. Brighton Jones LLC lifted its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 74.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,494 shares of the company’s stock after acquiring an additional 2,765 shares during the period. Brighton Jones LLC’s holdings in Kimberly-Clark were worth $851,000 at the end of the most recent quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Citigroup cut their price target on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research note on Wednesday, January 15th. Royal Bank of Canada restated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research report on Thursday. Wells Fargo & Company increased their price objective on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday, March 28th. JPMorgan Chase & Co. upped their target price on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an “underweight” rating in a research report on Friday, April 11th. Finally, UBS Group raised their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a “neutral” rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Kimberly-Clark currently has a consensus rating of “Hold” and an average target price of $146.31.

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.