Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Announces Earnings Results, Meets Expectations

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) posted its quarterly earnings data on Tuesday. The basic materials company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20, Zacks reports. The company had revenue of $830.35 million during the quarter, compared to analysts’ expectations of $839.55 million. Kimberly-Clark de Mexico SAB de CV had a return on equity of 164.99% and a net margin of 13.92%.

Kimberly-Clark de Mexico SAB de CV Stock Performance

OTCMKTS KCDMY traded down $0.07 during trading on Thursday, hitting $11.12. The company’s stock had a trading volume of 6,203 shares, compared to its average volume of 49,661. The company has a quick ratio of 1.36, a current ratio of 1.55 and a debt-to-equity ratio of 11.44. The firm has a 50 day moving average price of $10.98 and a 200 day moving average price of $11.44. The firm has a market cap of $6.84 billion, a P/E ratio of 15.89 and a beta of 0.67. Kimberly-Clark de Mexico SAB de CV has a 52 week low of $8.25 and a 52 week high of $12.84.

Analysts Set New Price Targets

Separately, HSBC downgraded Kimberly-Clark de Mexico SAB de CV from a “buy” rating to a “hold” rating in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.