Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Issues Earnings Results, Beats Estimates By $0.02 EPS

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) released its quarterly earnings results on Thursday. The basic materials company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02, Zacks reports. Kimberly-Clark de Mexico SAB de CV had a return on equity of 140.79% and a net margin of 13.02%.The business had revenue of $794.62 million during the quarter, compared to analysts’ expectations of $797.86 million.

Kimberly-Clark de Mexico SAB de CV Stock Up 3.6%

OTCMKTS KCDMY opened at $11.65 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.27 and a debt-to-equity ratio of 3.60. The company has a fifty day moving average of $10.57 and a two-hundred day moving average of $10.03. The firm has a market capitalization of $7.17 billion, a price-to-earnings ratio of 19.10 and a beta of 0.75. Kimberly-Clark de Mexico SAB de CV has a 52 week low of $7.14 and a 52 week high of $11.65.

Analysts Set New Price Targets

Separately, Itau BBA Securities raised shares of Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Company Profile

Kimberly-Clark de México, SAB. de C.V. operates as one of the leading manufacturers of personal care and paper?based products in Mexico. As a locally managed subsidiary of the global Kimberly-Clark Corporation, the company focuses on the production, marketing and distribution of consumer staples designed for everyday use, ranging from facial and bathroom tissue to diapers and feminine care items.

The company’s portfolio includes well-known brands such as Kleenex and Scott for tissue products, Huggies for baby care, Kotex for feminine hygiene and Depend for adult incontinence.