Brokerages predict that Kimberly Clark Corp (NYSE:KMB) will announce earnings per share (EPS) of $1.68 for the current quarter, Zacks reports. Four analysts have made estimates for Kimberly Clark’s earnings, with estimates ranging from $1.63 to $1.73. Kimberly Clark reported earnings per share of $1.57 in the same quarter last year, which suggests a positive year-over-year growth rate of 7%. The firm is expected to announce its next earnings report on Tuesday, January 22nd.

According to Zacks, analysts expect that Kimberly Clark will report full year earnings of $6.69 per share for the current fiscal year, with EPS estimates ranging from $6.64 to $6.73. For the next year, analysts anticipate that the business will post earnings of $6.77 per share, with EPS estimates ranging from $6.59 to $7.10. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover Kimberly Clark.

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

KMB has been the subject of a number of recent analyst reports. Bank of America raised their price objective on shares of Kimberly Clark from $110.00 to $120.00 and gave the company a “neutral” rating in a research report on Thursday, September 6th. Atlantic Securities assumed coverage on shares of Kimberly Clark in a report on Thursday, September 20th. They issued an “underweight” rating and a $114.00 target price for the company. Morgan Stanley increased their target price on shares of Kimberly Clark from $94.00 to $102.00 and gave the company a “sell” rating in a report on Friday, August 31st. ValuEngine raised shares of Kimberly Clark from a “sell” rating to a “hold” rating in a report on Thursday, September 6th. Finally, Citigroup increased their target price on shares of Kimberly Clark from $93.00 to $95.00 and gave the company a “sell” rating in a report on Wednesday, October 24th. Five analysts have rated the stock with a sell rating and eleven have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $105.64.

In other news, VP Michael T. Azbell sold 13,565 shares of the firm’s stock in a transaction that occurred on Tuesday, November 27th. The shares were sold at an average price of $115.00, for a total transaction of $1,559,975.00. Following the completion of the transaction, the vice president now directly owns 6,432 shares of the company’s stock, valued at approximately $739,680. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 transaction of $111,180.00. Following the transaction, the senior vice president now directly owns 4,132 shares of the company’s stock, valued at $459,395.76. The disclosure for this sale can be found here. Company insiders own 0.64% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. Exchange Capital Management Inc. increased 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 purchasing an additional 800 shares in the last quarter. Braun Bostich & Associates Inc. increased 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 purchasing an additional 956 shares in the last quarter. Arlington Partners LLC purchased a new position in shares of Kimberly Clark during the 3rd quarter worth approximately $114,000. Fort L.P. purchased a new position in shares of Kimberly Clark during the 2nd quarter worth approximately $125,000. Finally, Bridgeworth LLC purchased a new position in shares of Kimberly Clark during the 2nd quarter worth approximately $135,000. 72.10% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:KMB opened at $113.50 on Wednesday. The company has a debt-to-equity ratio of 51.24, a current ratio of 0.75 and a quick ratio of 0.49. The stock has a market capitalization of $39.10 billion, a P/E ratio of 18.22, a PEG ratio of 2.74 and a beta of 0.69. Kimberly Clark has a 52 week low of $97.10 and a 52 week high of $123.50.

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 3rd. Shareholders of record on Friday, December 7th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Thursday, December 6th. This represents a $4.00 dividend on an annualized basis and a yield of 3.52%. Kimberly Clark’s dividend payout ratio (DPR) is presently 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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