Kimberly-Clark Corporation (NASDAQ:KMB) Stock Has Consensus Price Target of $115.73

Kimberly-Clark Corporation (NASDAQ:KMB) has been assigned a consensus rating of “Hold” from the nineteen brokerages that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $111.56.

KMB has been the subject of several research analyst reports. Wells Fargo & Company lowered their price target on shares of Kimberly-Clark from $105.00 to $100.00 and set an “equal weight” rating for the company in a report on Monday, October 5th. Canaccord Genuity Group began coverage on Kimberly-Clark in a research note on Friday, October 23rd. They issued a “hold” rating and a $105.00 price target for the company. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $106.00 to $112.00 and gave the company a “hold” rating in a report on Wednesday, August 5th. Weiss Ratings restated a “hold (c)” rating on shares of Kimberly-Clark in a research report on Monday. Finally, Barclays lowered their target price on Kimberly-Clark from $115.00 to $105.00 and set an “equal weight” rating for the company in a report on Monday, September 14th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Lynch Investment Planning LLC purchased a new stake in Kimberly-Clark in the third quarter worth $26,000. John Boyer Inc. purchased a new position in shares of Kimberly-Clark during the 3rd quarter valued at $28,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Kimberly-Clark during the 2nd quarter worth $32,000. Ancora Advisors LLC bought a new position in shares of Kimberly-Clark during the 2nd quarter worth $32,000. Finally, Clearstead Trust LLC bought a new position in shares of Kimberly-Clark during the 2nd quarter worth $33,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Trading Down 1.9%

KMB opened at $107.94 on Monday. The company has a market cap of $35.90 billion, a P/E ratio of 14.77, a PEG ratio of 5.95 and a beta of 0.25. The company has a current ratio of 0.91, a quick ratio of 0.69 and a debt-to-equity ratio of 3.45. The company’s 50 day moving average is $102.82 and its 200-day moving average is $103.02. Kimberly-Clark has a 1-year low of $92.42 and a 1-year high of $120.09.

Kimberly-Clark (NASDAQ:KMB) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.21). Kimberly-Clark had a return on equity of 143.92% and a net margin of 11.79%. The company had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.22 billion. During the same quarter in the prior year, the company earned $1.92 earnings per share. Kimberly-Clark’s revenue for the quarter was up .6% compared to the same quarter last year. Equities research analysts predict that Kimberly-Clark will post 6.83 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 4th were issued a dividend of $1.28 per share. This represents a $5.12 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, September 4th. Kimberly-Clark’s payout ratio is 87.07%.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation (NASDAQ:KMB) is a global consumer products company that develops and markets personal care, tissue and professional hygiene products. Its portfolio includes products for babies and children, feminine care, adult care, family care and workplace hygiene.

The company’s well-known brands include Huggies diapers and wipes, Kleenex facial tissue, Cottonelle bathroom tissue, Scott toilet paper and paper towels, Kotex feminine care products, and Depend, Poise and GoodNites products.