Equities research analysts forecast that Kimberly Clark Corp (NYSE:KMB) will post $4.46 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Kimberly Clark’s earnings. The lowest sales estimate is $4.42 billion and the highest is $4.49 billion. Kimberly Clark posted sales of $4.58 billion during the same quarter last year, which would indicate a negative year-over-year growth rate of 2.6%. The firm is scheduled to report its next quarterly earnings results on Tuesday, January 22nd.

According to Zacks, analysts expect that Kimberly Clark will report full year sales of $18.38 billion for the current financial year, with estimates ranging from $18.34 billion to $18.41 billion. For the next fiscal year, analysts forecast that the company will post sales of $18.17 billion, with estimates ranging from $18.04 billion to $18.29 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover Kimberly Clark.

Kimberly Clark (NYSE:KMB) last released its quarterly earnings results on Monday, October 22nd. The company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.07. The business had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $4.52 billion. Kimberly Clark had a return on equity of 535.49% and a net margin of 8.74%. The firm’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.60 EPS.

Several equities analysts have weighed in on the company. Citigroup raised their price target on Kimberly Clark from $93.00 to $95.00 and gave the company a “sell” rating in a report on Wednesday, October 24th. Morgan Stanley set a $100.00 price target on Kimberly Clark and gave the company a “sell” rating in a report on Tuesday, October 23rd. Jefferies Financial Group restated a “hold” rating and set a $100.00 price target on shares of Kimberly Clark in a report on Monday, October 22nd. Wells Fargo & Co raised their price target on Kimberly Clark from $97.00 to $105.00 and gave the company a “market perform” rating in a report on Wednesday, October 17th. Finally, Deutsche Bank cut Kimberly Clark from a “hold” rating to a “sell” rating and set a $99.00 price target for the company. in a report on Wednesday, October 10th. Five analysts have rated the stock with a sell rating and eleven have given a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $105.64.

In other news, SVP Jeffrey P. Melucci sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 14th. The stock was sold at an average price of $111.18, for a total value of $111,180.00. Following the completion of the sale, the senior vice president now directly owns 4,132 shares of the company’s stock, valued at approximately $459,395.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.64% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the company. Exchange Capital Management Inc. lifted its stake in shares of Kimberly Clark by 800.0% during the 3rd quarter. Exchange Capital Management Inc. now owns 900 shares of the company’s stock worth $102,000 after acquiring an additional 800 shares during the last quarter. Braun Bostich & Associates Inc. lifted its stake in shares of Kimberly Clark by 1,426.9% during the 2nd quarter. Braun Bostich & Associates Inc. now owns 1,023 shares of the company’s stock worth $108,000 after acquiring an additional 956 shares during the last quarter. Arlington Partners LLC bought a new stake in shares of Kimberly Clark during the 3rd quarter worth approximately $114,000. Fort L.P. bought a new stake in shares of Kimberly Clark during the 2nd quarter worth approximately $125,000. Finally, Bridgeworth LLC bought a new stake in shares of Kimberly Clark during the 2nd quarter worth approximately $135,000. 73.38% of the stock is owned by institutional investors and hedge funds.

NYSE KMB traded down $0.82 during trading on Wednesday, hitting $110.45. 1,655,805 shares of the stock traded hands, compared to its average volume of 2,338,962. The stock has a market capitalization of $38.53 billion, a PE ratio of 17.73, a P/E/G ratio of 2.70 and a beta of 0.67. The company has a debt-to-equity ratio of 51.24, a current ratio of 0.75 and a quick ratio of 0.49. Kimberly Clark has a 12-month low of $97.10 and a 12-month high of $123.77.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 3rd. Stockholders of record on Friday, December 7th will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 3.62%. The ex-dividend date is Thursday, December 6th. Kimberly Clark’s payout ratio is 64.21%.

Kimberly Clark Company Profile

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

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Earnings History and Estimates for Kimberly Clark (NYSE:KMB)

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