At the time of writing, Kimberly-Clark Corp. [KMB] stock is trading at $124.81, up 0.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KMB shares have gain 2.95% over the last week, with a monthly amount glided 3.17%, and seem to be holding up well over a long-time horizon.
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On 6, March 2024, Baby2Baby Launches Partnership With Huggies-Maker Kimberly-Clark To Provide Millions of Diapers and Wipes to Mothers in Need and Triple Their Maternal Health & Newborn Supply Kit Initiative. In a post published today on Yahoo Finance, A multi-million-dollar grant including funds and in-kind products will expand the reach of Baby2Baby’s Program with The Department of Health & Human Services.
From an analyst’s perspective:
Previously, BofA Securities downgraded its rating to Underperform on December 15, 2023, and dropped its price target to $115. On November 17, 2023, Piper Sandler initiated with a Overweight rating and assigned a price target of $146 on the stock. Bernstein upgraded its rating to a Mkt Perform and decreased its price target to $118 on October 12, 2023. HSBC Securities initiated its recommendation with a Hold and recommended $133 as its price target on September 22, 2023. Deutsche Bank upgraded its rating to Hold for this stock on March 20, 2023, and upped its price target to $123. In a note dated February 17, 2023, Citigroup initiated an Sell rating and provided a target price of $120 on this stock.
For the past year, the stock price of Kimberly-Clark Corp. fluctuated between $116.32 and $147.87. Currently, Wall Street analysts expect the stock to reach $133 within the next 12 months. Kimberly-Clark Corp. [NYSE: KMB] shares were valued at $124.81 at the most recent close of the market. An investor can expect a potential return of 6.56% based on the average KMB price forecast.
Analyzing the KMB fundamentals
According to Kimberly-Clark Corp. [NYSE:KMB], the company’s sales were 20.43B for trailing twelve months, which represents an 0.12% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 2.41 and Total Capital is 0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 8.87.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 123.71 points at the first support level, and at 122.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 125.44, and for the 2nd resistance point, it is at 126.08.
Kimberly-Clark Corp. [KMB] reported earnings per share of $1.51 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.54/share, meaning a difference of -$0.03 and a surprise factor of -1.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.74 per share as compared to estimates of $1.59 per share, a difference of $0.15 representing a surprise of 9.40%.
Ratios To Look Out For
It is important to note that Kimberly-Clark Corp. [NYSE:KMB] has a current ratio of 0.82. As well, the Quick Ratio is 0.54, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 2.06, the price to book ratio is 45.97 and price to earnings (TTM) ratio is 23.97.
Transactions by insiders
Recent insider trading involved SMUCKER MARK T, Director, that happened on Jan 29 ’24 when 827.0 shares were purchased. President, APAC, Wilkinson Tristram completed a deal on Jan 26 ’24 to sell 3720.0 shares. Meanwhile, Chief Legal Officer Melucci Jeffrey P. sold 3000.0 shares on Nov 29 ’23.
