Kimberly-Clark Corporation (NASDAQ:KMB) Stock Has Consensus Target Price of $117.36 According to Analysts

Shares of Kimberly-Clark Corporation (NASDAQ:KMB) have been given a consensus rating of “Hold” by the seventeen analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $117.36.

A number of equities research analysts have recently weighed in on KMB shares. UBS Group lifted their target price on shares of Kimberly-Clark from $115.00 to $116.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Wells Fargo & Company cut their target price on Kimberly-Clark from $110.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 10th. Barclays upped their target price on shares of Kimberly-Clark from $101.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Weiss Ratings raised shares of Kimberly-Clark from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 28th. Finally, TD Cowen raised their price target on shares of Kimberly-Clark from $96.00 to $104.00 and gave the company a “hold” rating in a research report on Wednesday, August 5th.

Kimberly-Clark Trading Up 0.0%

Shares of KMB opened at $94.36 on Thursday. The company has a quick ratio of 0.69, a current ratio of 0.91 and a debt-to-equity ratio of 3.45. The stock has a market capitalization of $31.38 billion, a P/E ratio of 16.05, a PEG ratio of 4.82 and a beta of 0.25. Kimberly-Clark has a twelve month low of $92.42 and a twelve month high of $123.38. The firm has a fifty day simple moving average of $105.11 and a two-hundred day simple moving average of $102.62.

Kimberly-Clark (NASDAQ:KMB) last announced its quarterly earnings results 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). The business had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $4.22 billion. Kimberly-Clark had a net margin of 11.79% and a return on equity of 143.92%. The firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.92 EPS. On average, research analysts anticipate that Kimberly-Clark will post 7.35 EPS for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 4th were paid a dividend of $1.28 per share. This represents a $5.12 annualized dividend and a yield of 5.4%. The ex-dividend date was Friday, September 4th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 87.07%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Ancora Advisors LLC purchased a new position in shares of Kimberly-Clark during the second quarter valued at approximately $32,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Kimberly-Clark during the 2nd quarter valued at $32,000. Clearstead Trust LLC purchased a new stake in Kimberly-Clark during the 2nd quarter valued at $33,000. Motiv8 Investments LLC bought a new position in shares of Kimberly-Clark during the 4th quarter valued at $31,000. Finally, Markowski Investments bought a new position in shares of Kimberly-Clark during the 2nd quarter valued at $36,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

About Kimberly-Clark

Kimberly-Clark Corporation (NASDAQ:KMB) is a global personal care and consumer products company that develops and markets essential products for consumers and professional customers. Its portfolio includes products in the baby and childcare, adult care, feminine care, facial and bathroom tissue, and household categories.

The company’s well-known brands include Huggies diapers and wipes, Kleenex tissues, Kotex feminine care products, Cottonelle and Scott bathroom tissue, and Depend and Poise adult care products.