Kimberly-Clark Corp. (KMB) stock price forecast predicts $133 value

A share price of Kimberly-Clark Corp. [KMB] is currently trading at $127.90, up 0.94%. An important factor to consider is whether the stock is rising or falling in short-term value. The KMB shares have gain 2.48% over the last week, with a monthly amount glided 6.52%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 8, March 2024, Kotex(R), She’s the First Announce Partnership to Champion Women and Girls. In a post published today on Yahoo Finance, For the Kotex® She Can Initiative, #ProgressFeelsLike everyone working together to end period stigmas and remove barriers to champion women and girls everywhere.

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.

Kimberly-Clark Corp. experienced fluctuations in its stock price throughout the past year 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 $127.90 at the most recent close of the market. An investor can expect a potential return of 3.99% based on the average KMB price forecast.

Analyzing the KMB fundamentals

Trailing Twelve Months sales for Kimberly-Clark Corp. [NYSE:KMB] were 20.43B which represents 0.12% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of8.87.

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 126.98 points at the first support level, and at 126.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 128.39, and for the 2nd resistance point, it is at 128.87.

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

To put it in perspective, the Current Ratio for Kimberly-Clark Corp. [NYSE:KMB] is 0.82. On the other hand, the Quick Ratio is 0.54, and the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 2.11, the price to book ratio is 47.11 and price to earnings (TTM) ratio is 24.57.

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.

Related Posts