Kimberly-Clark (NYSE:KMB) Posts Quarterly Earnings Results, Beats Expectations By $0.40 EPS

Kimberly-Clark (NYSE:KMB) posted its quarterly earnings data on Tuesday. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40, Briefing.com reports. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.08 billion. During the same quarter last year, the business posted $1.67 EPS. The company’s revenue was down .9% on a year-over-year basis.

Kimberly-Clark Stock Down 0.7 %

Shares of KMB traded down $0.90 during mid-day trading on Friday, hitting $135.53. 560,654 shares of the company’s stock were exchanged, compared to its average volume of 2,211,116. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05. Kimberly-Clark has a twelve month low of $116.32 and a twelve month high of $147.09. The firm has a fifty day moving average of $125.53 and a two-hundred day moving average of $122.75. The stock has a market cap of $45.63 billion, a price-to-earnings ratio of 25.08, a P/E/G ratio of 4.05 and a beta of 0.40.

Analyst Ratings Changes

Several analysts have recently commented on the company. Barclays raised their target price on Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Thursday. Wells Fargo & Company lifted their target price on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a research note on Wednesday. UBS Group increased their price target on shares of Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a research report on Wednesday. Bank of America raised their price target on shares of Kimberly-Clark from $110.00 to $115.00 and gave the stock an “underperform” rating in a report on Wednesday. Finally, Citigroup upped their price objective on shares of Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and an average price target of $135.50.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the sale, the insider now owns 795 shares of the company’s stock, valued at $109,050.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total value of $1,396,116.26. Following the sale, the insider now directly owns 795 shares of the company’s stock, valued at $109,050.15. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Mark T. Smucker purchased 827 shares of the business’s stock in a transaction dated Monday, January 29th. The shares were acquired at an average price of $120.98 per share, with a total value of $100,050.46. Following the completion of the acquisition, the director now owns 827 shares of the company’s stock, valued at $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is owned by company insiders.

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.