Barclays Lowers Kimberly-Clark (NYSE:KMB) Price Target to $132.00

Kimberly-Clark (NYSE:KMB) had its target price cut by analysts at Barclays from $144.00 to $132.00 in a report issued on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s target price suggests a potential upside of 3.67% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. UBS Group lowered their price target on shares of Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. Wells Fargo & Company lowered their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. TD Cowen cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target on the stock. in a research note on Wednesday, January 8th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research note on Thursday. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $143.71.

Kimberly-Clark Stock Up 0.5 %

Shares of Kimberly-Clark stock opened at $127.33 on Friday. The company has a market cap of $42.46 billion, a P/E ratio of 16.51, a PEG ratio of 2.69 and a beta of 0.41. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. Kimberly-Clark has a one year low of $117.67 and a one year high of $149.30. The firm has a fifty day moving average of $132.41 and a two-hundred day moving average of $137.98.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The company had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. Kimberly-Clark’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.74 EPS. On average, analysts forecast that Kimberly-Clark will post 7.31 earnings per share for the current year.

Insiders Place Their Bets

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the sale, the vice president now directly owns 5,053 shares of the company’s stock, valued at $702,417.53. This trade represents a 37.25 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.62% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. William B. Walkup & Associates Inc. purchased a new position in shares of Kimberly-Clark during the 2nd quarter worth about $26,000. Darwin Wealth Management LLC purchased a new position in shares of Kimberly-Clark during the 3rd quarter worth about $29,000. DiNuzzo Private Wealth Inc. lifted its holdings in shares of Kimberly-Clark by 808.0% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after acquiring an additional 202 shares during the period. Kennebec Savings Bank purchased a new position in shares of Kimberly-Clark during the 3rd quarter worth about $36,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of Kimberly-Clark during the 3rd quarter worth about $39,000. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company’s Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.