Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Up – Still a Buy?

Shares of Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) gapped up before the market opened on Monday . The stock had previously closed at $11.34, but opened at $11.93. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.93, with a volume of 1,493 shares traded.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Itau BBA Securities cut shares of Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. HSBC cut shares of Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Performance

The company has a market cap of $6.90 billion, a PE ratio of 16.03 and a beta of 0.68. The firm’s 50 day moving average is $11.91 and its 200-day moving average is $11.08.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its quarterly earnings data on Tuesday, April 21st. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a net margin of 13.92% and a return on equity of 168.57%. The business had revenue of $827.16 million for the quarter, compared to analysts’ expectations of $789.47 million.

About Kimberly-Clark de Mexico SAB de CV

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.