Zacks: Analysts Expect Kimberly-Clark Co. (NYSE:KMB) to Announce $1.21 EPS

Equities analysts expect that Kimberly-Clark Co. (NYSE:KMBGet Rating) will post earnings of $1.21 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Kimberly-Clark’s earnings, with estimates ranging from $1.16 to $1.26. Kimberly-Clark reported earnings of $1.80 per share in the same quarter last year, which would suggest a negative year over year growth rate of 32.8%. The business is scheduled to issue its next quarterly earnings report before the market opens on Monday, January 1st.

On average, analysts expect that Kimberly-Clark will report full year earnings of $5.77 per share for the current year, with EPS estimates ranging from $5.62 to $5.90. For the next fiscal year, analysts forecast that the company will report earnings of $6.74 per share, with EPS estimates ranging from $6.32 to $7.31. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow Kimberly-Clark.

Kimberly-Clark (NYSE:KMBGet Rating) last posted its quarterly earnings results on Wednesday, January 26th. The company reported $1.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.28 by $0.02. Kimberly-Clark had a return on equity of 284.26% and a net margin of 9.33%. The firm had revenue of $5 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter in the previous year, the business earned $1.69 earnings per share. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year.

Several brokerages have recently weighed in on KMB. UBS Group decreased their target price on Kimberly-Clark from $145.00 to $138.00 and set a “neutral” rating for the company in a research report on Thursday, January 27th. Royal Bank of Canada decreased their target price on Kimberly-Clark from $133.00 to $130.00 and set a “sector perform” rating for the company in a research report on Thursday, January 27th. Barclays decreased their target price on Kimberly-Clark from $127.00 to $121.00 in a research report on Friday, April 1st. Citigroup upped their target price on Kimberly-Clark from $113.00 to $119.00 and gave the stock a “sell” rating in a research report on Thursday, January 27th. Finally, The Goldman Sachs Group reduced their price target on Kimberly-Clark from $130.00 to $124.00 in a report on Tuesday, March 29th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $130.63.

KMB stock opened at $126.42 on Wednesday. The stock has a 50-day moving average price of $126.27 and a two-hundred day moving average price of $132.79. Kimberly-Clark has a 12-month low of $117.32 and a 12-month high of $145.79. The company has a current ratio of 0.82, a quick ratio of 0.49 and a debt-to-equity ratio of 11.05. The company has a market cap of $42.59 billion, a PE ratio of 23.59, a price-to-earnings-growth ratio of 4.38 and a beta of 0.50.

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 4th. Shareholders of record on Friday, March 4th were paid a dividend of $1.16 per share. The ex-dividend date of this dividend was Thursday, March 3rd. This represents a $4.64 annualized dividend and a yield of 3.67%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.14. Kimberly-Clark’s dividend payout ratio is presently 86.57%.

In other news, Director Todd Maclin acquired 2,000 shares of the business’s stock in a transaction on Thursday, January 27th. The shares were purchased at an average price of $136.01 per share, for a total transaction of $272,020.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.55% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Marshall Wace LLP acquired a new stake in Kimberly-Clark in the 4th quarter valued at approximately $25,000. Bivin & Associates Inc. acquired a new stake in Kimberly-Clark in the 4th quarter valued at approximately $26,000. HWG Holdings LP acquired a new stake in Kimberly-Clark in the 4th quarter valued at approximately $29,000. Lumature Wealth Partners LLC increased its position in Kimberly-Clark by 66.4% in the 4th quarter. Lumature Wealth Partners LLC now owns 208 shares of the company’s stock valued at $30,000 after acquiring an additional 83 shares during the period. Finally, Capital Analysts LLC boosted its stake in Kimberly-Clark by 88.1% during the 4th quarter. Capital Analysts LLC now owns 237 shares of the company’s stock valued at $34,000 after purchasing an additional 111 shares in the last quarter. Hedge funds and other institutional investors own 72.17% of the company’s stock.

Kimberly-Clark Company Profile (Get Rating)

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, swimpants, training and youth pants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Depend, Plenitud, Softex, Poise, and other brand names.

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

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