Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Up – Still a Buy?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $11.00, but opened at $11.67. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.97, with a volume of 2,205 shares changing hands.

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 equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Price Performance

The company has a current ratio of 1.55, a quick ratio of 1.36 and a debt-to-equity ratio of 11.44. The stock’s 50-day moving average is $11.04 and its two-hundred day moving average is $11.42. The company has a market capitalization of $6.73 billion, a PE ratio of 15.63 and a beta of 0.67.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last posted its quarterly earnings data on Tuesday, April 21st. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a net margin of 13.92% and a return on equity of 164.99%. The business had revenue of $827.16 million for the quarter, compared to analysts’ expectations of $789.47 million.

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.