Wall Street analysts expect Kimberly Clark Corp (NYSE:KMB) to report earnings of $1.54 per share for the current quarter, Zacks reports. Three analysts have issued estimates for Kimberly Clark’s earnings, with the highest EPS estimate coming in at $1.55 and the lowest estimate coming in at $1.53. Kimberly Clark posted earnings of $1.45 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 6.2%. The firm is scheduled to report its next quarterly earnings report on Tuesday, January 23rd.

According to Zacks, analysts expect that Kimberly Clark will report full-year earnings of $6.20 per share for the current fiscal year, with EPS estimates ranging from $6.19 to $6.21. For the next fiscal year, analysts anticipate that the business will post earnings of $6.50 per share, with EPS estimates ranging from $6.33 to $6.63. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow Kimberly Clark.

Kimberly Clark (NYSE:KMB) last announced its earnings results on Monday, October 23rd. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.06. The business had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $4.65 billion. Kimberly Clark had a net margin of 11.89% and a return on equity of 666.97%. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the company posted $1.52 EPS.

Several research firms have weighed in on KMB. Zacks Investment Research upgraded shares of Kimberly Clark from a “sell” rating to a “hold” rating in a research report on Thursday, August 24th. Macquarie began coverage on shares of Kimberly Clark in a research report on Friday, September 15th. They issued a “neutral” rating and a $121.00 price objective for the company. Jefferies Group restated a “hold” rating and issued a $119.00 price objective on shares of Kimberly Clark in a research report on Thursday, September 7th. Citigroup cut shares of Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price objective for the company. in a research report on Monday. Finally, Royal Bank of Canada restated a “hold” rating and issued a $121.00 price objective on shares of Kimberly Clark in a research report on Friday, September 8th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $126.00.

A number of institutional investors have recently added to or reduced their stakes in the stock. Dai Ichi Life Insurance Company Ltd lifted its stake in Kimberly Clark by 13.0% in 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 buying an additional 9,261 shares in the last quarter. Blair William & Co. IL lifted its stake in Kimberly Clark by 22.3% in the first quarter. Blair William & Co. IL now owns 126,525 shares of the company’s stock valued at $16,748,000 after buying an additional 23,104 shares in the last quarter. American International Group Inc. lifted its stake in Kimberly Clark by 2.1% in the first quarter. American International Group Inc. now owns 167,974 shares of the company’s stock valued at $22,110,000 after buying an additional 3,425 shares in the last quarter. Noesis Capital Mangement Corp lifted its stake in Kimberly Clark by 28.5% in the first quarter. Noesis Capital Mangement Corp now owns 3,490 shares of the company’s stock valued at $459,000 after buying an additional 773 shares in the last quarter. Finally, Kwmg LLC lifted its stake in Kimberly Clark by 47.1% in the first quarter. Kwmg LLC now owns 11,624 shares of the company’s stock valued at $1,530,000 after buying an additional 3,721 shares in the last quarter. 71.61% of the stock is currently owned by institutional investors and hedge funds.

Kimberly Clark (NYSE:KMB) traded down $0.14 on Thursday, reaching $117.25. 2,162,577 shares of the company’s stock traded hands, compared to its average volume of 1,821,803. The company has a quick ratio of 0.64, a current ratio of 0.97 and a debt-to-equity ratio of 14.17. The firm has a market cap of $41,290.00, a PE ratio of 19.05, a PEG ratio of 3.03 and a beta of 0.76. Kimberly Clark has a 52-week low of $109.67 and a 52-week high of $136.21.

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 paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 3.31%. The ex-dividend date is Thursday, December 7th. Kimberly Clark’s payout ratio is 64.03%.

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About Kimberly Clark

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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