Wall Street analysts expect Kimberly Clark Corp (NYSE:KMB) to report $4.59 billion in sales for the current quarter, according to Zacks. Three analysts have made estimates for Kimberly Clark’s earnings, with the lowest sales estimate coming in at $4.59 billion and the highest estimate coming in at $4.60 billion. Kimberly Clark posted sales of $4.54 billion in the same quarter last year, which would indicate a positive year over year growth rate of 1.1%. The business is expected to announce its next earnings report on Tuesday, January 23rd.

According to Zacks, analysts expect that Kimberly Clark will report full year sales of $4.59 billion for the current fiscal year, with estimates ranging from $18.26 billion to $18.27 billion. For the next year, analysts anticipate that the firm will report sales of $18.59 billion per share, with estimates ranging from $18.56 billion to $18.62 billion. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Kimberly Clark.

Kimberly Clark (NYSE:KMB) last released its earnings results on Monday, October 23rd. The company reported $1.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.54 by $0.06. Kimberly Clark had a return on equity of 666.97% and a net margin of 11.89%. The business had revenue of $4.64 billion for the quarter, compared to the consensus estimate of $4.65 billion. During the same period in the previous year, the company posted $1.52 earnings per share. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year.

Several research firms have commented on KMB. Zacks Investment Research downgraded Kimberly Clark from a “hold” rating to a “sell” rating in a report on Monday, October 16th. Citigroup downgraded Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 target price on the stock. in a report on Monday, December 11th. Deutsche Bank assumed coverage on Kimberly Clark in a research note on Wednesday. They issued a “hold” rating and a $121.00 price target for the company. Bank of America decreased their price target on Kimberly Clark from $123.00 to $120.00 and set a “neutral” rating for the company in a research note on Tuesday, October 24th. Finally, Barclays restated a “hold” rating on shares of Kimberly Clark in a research note on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $126.00.

A number of institutional investors have recently bought and sold shares of KMB. Dai Ichi Life Insurance Company Ltd grew its holdings in Kimberly Clark by 13.0% during the first quarter. Dai Ichi Life Insurance Company Ltd now owns 80,412 shares of the company’s stock valued at $10,585,000 after purchasing an additional 9,261 shares during the period. Blair William & Co. IL grew its holdings in Kimberly Clark by 22.3% during the first quarter. Blair William & Co. IL now owns 126,525 shares of the company’s stock valued at $16,748,000 after purchasing an additional 23,104 shares during the period. American International Group Inc. grew its holdings in Kimberly Clark by 2.1% during the first quarter. American International Group Inc. now owns 167,974 shares of the company’s stock valued at $22,110,000 after purchasing an additional 3,425 shares during the period. Noesis Capital Mangement Corp grew its holdings in Kimberly Clark by 28.5% during the first quarter. Noesis Capital Mangement Corp now owns 3,490 shares of the company’s stock valued at $459,000 after purchasing an additional 773 shares during the period. Finally, Kwmg LLC grew its holdings in Kimberly Clark by 47.1% during the first quarter. Kwmg LLC now owns 11,624 shares of the company’s stock valued at $1,530,000 after purchasing an additional 3,721 shares during the period. Institutional investors own 71.61% of the company’s stock.

Shares of Kimberly Clark (NYSE KMB) opened at $118.51 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.97 and a debt-to-equity ratio of 14.17. Kimberly Clark has a 1-year low of $109.67 and a 1-year high of $136.21. The company has a market capitalization of $41,243.55, a price-to-earnings ratio of 19.19, a price-to-earnings-growth ratio of 3.05 and a beta of 0.76.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Friday, December 8th will be given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date is Thursday, December 7th. Kimberly Clark’s dividend payout ratio (DPR) is presently 64.03%.

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Kimberly Clark Company Profile

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.

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Earnings History and Estimates for Kimberly Clark (NYSE:KMB)

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