TheStreet reiterated their buy rating on shares of Kimberly Clark Corp (NYSE: KMB) in a research report sent to investors on Tuesday morning.
“Kimberly-Clark Corporation (KMB) has been reiterated by TheStreet Ratings as a buy with a ratings score of A- . The company’s strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”
,” TheStreet’s analyst commented.
Shares of Kimberly Clark Corp (NYSE: KMB) traded down 0.44% during mid-day trading on Tuesday, hitting $95.12. Kimberly Clark Corp has a one year low of $73.00 and a one year high of $96.50. The stock’s 50-day moving average is currently $92.53. The company has a market cap of $36.871 billion and a P/E ratio of 21.62.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, April 2nd. Shareholders of record on Friday, March 8th will be given a dividend of $0.81 per share. This represents a $3.24 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date of this dividend is Wednesday, March 6th. This is a positive change from Kimberly Clark Corp’s previous quarterly dividend of $0.74.
A number of other analysts have also recently weighed in on KMB. Analysts at Goldman Sachs downgraded shares of Kimberly Clark Corp from a neutral rating to a sell rating in a research note to investors on Monday. They now have a $90.00 price target on the stock, down previously from $91.00. Separately, analysts at Sanford C. Bernstein reiterated a market perform rating on shares of Kimberly Clark Corp in a research note to investors on Thursday, March 14th. They now have a $92.00 price target on the stock. Finally, analysts at Barclays Capital cut their price target on shares of Kimberly Clark Corp from $86.00 to $83.00 in a research note to investors on Monday, February 11th.
Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $89.08.
Kimberly-Clark Corporation (NYSE: KMB), is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers using advanced technologies in fibers, nonwovens and absorbency.
To view TheStreet’s full report, visit www.thestreetratings.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.
