Weekly Analysts’ Ratings Updates for Kimberly Clark Corp (KMB)

Several analysts have recently updated their ratings and price targets for Kimberly Clark Corp (NYSE: KMB):

  • 4/13/2017 – Kimberly Clark Corp was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Estimates have largely been stable ahead of the first quarter of 2017 results, while shares of Kimberly-Clark have outperformed the Zacks Categorized industry over the past three months. We believe the company’s higher cost savings, continued product innovation, strong international presence will drive growth in the long-term. However, Kimberly-Clark continues to expect currency trends to impact profitability and margins in the near term. Moreover, the company provided weak sales forecast for 2017. Nevertheless, the company has a solid share buyback plan in place to return value to its shareholders. However, we cannot ignore the fact that Kimberly-Clark has been witnessing slower organic sales growth, especially in developing and emerging markets, over the past few quarters, due to lower volumes, and highly competitive promotional activity and a difficult economic environment in Latin America, especially in Brazil and Argentina.”
  • 4/12/2017 – Kimberly Clark Corp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $148.00 price target on the stock. According to Zacks, “Estimates have largely been stable ahead of the first quarter of 2017 results, while shares of Kimberly-Clark have outperformed the Zacks Categorized industry over the past three months. We believe the company’s higher cost savings, continued product innovation, strong international presence will drive growth in the long-term. However, Kimberly-Clark continues to expect currency trends to impact profitability and margins in the near term. Moreover, the company provided weak sales forecast for 2017. Nevertheless, the company has a solid share buyback plan in place to return value to its shareholders. However, we cannot ignore the fact that Kimberly-Clark has been witnessing slower organic sales growth, especially in developing and emerging markets, over the past few quarters, due to lower volumes, and highly competitive promotional activity and a difficult economic environment in Latin America, especially in Brazil and Argentina.”
  • 3/28/2017 – Kimberly Clark Corp was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The company’s shares have been underperforming since past one year compared to the Zacks Categorized industry. Despite posting better-than-expected results in the fourth quarter of 2016, Kimberly-Clark provided weak sales forecast for 2017. While adjusted earnings increased 2.1% from the year-ago figure, boosted by cost savings, improved operating profits and lower tax rates; sales were flat from the prior-year quarter, mainly due to foreign currency headwinds. Higher volumes were offset by the decline in net selling prices and product mix. Though Kimberly-Clark expects higher cost savings and continued product innovation to drive growth, it anticipates currency volatility, increased competition and higher marketing expenses to hurt profits over the near term.”
  • 3/27/2017 – Kimberly Clark Corp was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $141.50 price target on the stock.
  • 3/23/2017 – Kimberly Clark Corp had its “hold” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $121.00 price target on the stock.
  • 3/21/2017 – Kimberly Clark Corp is now covered by analysts at JPMorgan Chase & Co.. They set a “neutral” rating and a $139.00 price target on the stock.
  • 3/21/2017 – Kimberly Clark Corp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $150.00 price target on the stock. According to Zacks, “Estimates have been increasing since Kimberly-Clark reported better-than-expected results in the fourth quarter of 2016, wherein both earnings and revenues beat the Zacks Consensus Estimate. In fact, the company’s shares have been rising since past six months compared to the Zacks Categorized industry. Adjusted earnings increased 2.1% from the year-ago figure, boosted by cost savings, improved operating profits and lower tax rates. However, sales were flat from the prior-year quarter, mainly due to foreign currency headwinds. Higher volumes were offset by the decline in net selling prices and product mix. Moreover, the company provided weak sales forecast for 2017. Though Kimberly-Clark anticipates currency volatility, increased competition and higher marketing expenses to hurt profits over the near term, it expects higher cost savings and continued product innovation to drive growth.”
  • 3/13/2017 – Kimberly Clark Corp was upgraded by analysts at Vetr from a “strong sell” rating to a “hold” rating. They now have a $134.50 price target on the stock.
  • 3/10/2017 – Kimberly Clark Corp was downgraded by analysts at Societe Generale from a “buy” rating to a “hold” rating. They now have a $144.00 price target on the stock, up previously from $139.00.
  • 2/20/2017 – Kimberly Clark Corp was downgraded by analysts at Vetr from a “sell” rating to a “strong sell” rating. They now have a $116.33 price target on the stock.
  • 2/18/2017 – Kimberly Clark Corp was given a new $135.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.

Kimberly Clark Corp (NYSE:KMB) traded down 0.13% on Thursday, reaching $132.93. 661,802 shares of the company’s stock were exchanged. The stock has a market capitalization of $47.36 billion, a PE ratio of 22.19 and a beta of 0.65. Kimberly Clark Corp has a 12 month low of $111.30 and a 12 month high of $138.87. The firm has a 50 day moving average of $133.00 and a 200 day moving average of $121.86.

Kimberly Clark Corp (NYSE:KMB) last issued its quarterly earnings data on Tuesday, January 24th. The company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.03. The firm had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.56 billion. Kimberly Clark Corp had a net margin of 11.90% and a return on equity of 614.22%. The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the firm earned $1.42 earnings per share. Equities analysts predict that Kimberly Clark Corp will post $6.31 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 4th. Investors of record on Friday, March 10th were given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 2.92%. The ex-dividend date was Wednesday, March 8th. This is a positive change from Kimberly Clark Corp’s previous quarterly dividend of $0.92. Kimberly Clark Corp’s dividend payout ratio (DPR) is presently 61.54%.

In related news, insider Kimberly K. Underhill sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 1st. The shares were sold at an average price of $120.95, for a total transaction of $483,800.00. Following the transaction, the insider now owns 17,912 shares of the company’s stock, valued at $2,166,456.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.58% of the stock is currently owned by company insiders.

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

5 Day Chart for NYSE:KMB

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