Kimberly-Clark Co. (NYSE:KMB) Given Consensus Rating of “Hold” by Brokerages

Shares of Kimberly-Clark Co. (NYSE:KMB) have earned a consensus rating of “Hold” from the fifteen research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $149.93.

KMB has been the topic of several analyst reports. Piper Sandler increased their price objective on Kimberly-Clark from $167.00 to $174.00 and gave the company an “overweight” rating in a research note on Thursday, July 11th. TD Cowen started coverage on Kimberly-Clark in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $161.00 price objective for the company. Argus upgraded shares of Kimberly-Clark to a “hold” rating in a research note on Friday, July 26th. Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. Finally, StockNews.com downgraded shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 30th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. CX Institutional raised its holdings in shares of Kimberly-Clark by 1.2% in the second quarter. CX Institutional now owns 5,968 shares of the company’s stock valued at $825,000 after buying an additional 71 shares during the last quarter. Wesbanco Bank Inc. raised its stake in Kimberly-Clark by 0.9% during the 3rd quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company’s stock valued at $1,101,000 after acquiring an additional 71 shares during the last quarter. Capital Investment Counsel Inc lifted its position in Kimberly-Clark by 0.8% during the 1st quarter. Capital Investment Counsel Inc now owns 10,019 shares of the company’s stock worth $1,296,000 after acquiring an additional 75 shares during the period. My Legacy Advisors LLC grew its stake in shares of Kimberly-Clark by 4.6% in the 3rd quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock valued at $248,000 after purchasing an additional 76 shares during the last quarter. Finally, Connecticut Wealth Management LLC increased its holdings in shares of Kimberly-Clark by 4.6% in the first quarter. Connecticut Wealth Management LLC now owns 1,755 shares of the company’s stock valued at $227,000 after purchasing an additional 77 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

KMB opened at $134.44 on Thursday. The stock’s 50-day moving average price is $142.39 and its 200 day moving average price is $138.98. Kimberly-Clark has a 12-month low of $117.67 and a 12-month high of $149.30. The firm has a market cap of $45.27 billion, a price-to-earnings ratio of 24.71, a PEG ratio of 2.89 and a beta of 0.39. The company has a current ratio of 0.83, a quick ratio of 0.58 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. During the same quarter last year, the firm posted $1.74 earnings per share. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. As a group, sell-side analysts expect that Kimberly-Clark will post 7.25 earnings per share for the current year.

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.