$1.83 Earnings Per Share Expected for Kimberly Clark Corp (NYSE:KMB) This Quarter

Analysts expect that Kimberly Clark Corp (NYSE:KMB) will post $1.83 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have provided estimates for Kimberly Clark’s earnings, with the highest EPS estimate coming in at $1.88 and the lowest estimate coming in at $1.77. Kimberly Clark posted earnings of $1.66 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 10.2%. The business is expected to issue its next quarterly earnings results on Monday, April 27th.

On average, analysts expect that Kimberly Clark will report full-year earnings of $7.27 per share for the current fiscal year, with EPS estimates ranging from $7.22 to $7.35. For the next fiscal year, analysts forecast that the business will report earnings of $7.65 per share, with EPS estimates ranging from $7.49 to $7.77. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Kimberly Clark.

Kimberly Clark (NYSE:KMB) last posted its quarterly earnings results on Thursday, January 23rd. The company reported $1.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.70 by $0.01. Kimberly Clark had a net margin of 11.69% and a return on equity of 3,809.60%. The company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same period last year, the firm posted $1.60 EPS. The company’s revenue for the quarter was up .3% on a year-over-year basis.

A number of research firms have recently issued reports on KMB. Deutsche Bank raised their price target on shares of Kimberly Clark from $126.00 to $132.00 and gave the stock a “hold” rating in a research report on Friday, January 24th. Citigroup raised their price target on shares of Kimberly Clark from $123.00 to $135.00 and gave the stock a “sell” rating in a research report on Friday, January 24th. Royal Bank of Canada restated a “hold” rating and issued a $129.00 price target on shares of Kimberly Clark in a research report on Thursday, January 23rd. ValuEngine upgraded shares of Kimberly Clark from a “sell” rating to a “hold” rating in a research report on Monday, February 10th. Finally, Morgan Stanley raised their price target on shares of Kimberly Clark from $139.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $142.64.

Kimberly Clark stock opened at $145.56 on Wednesday. The firm’s 50-day moving average is $141.67 and its 200-day moving average is $137.77. The company has a debt-to-equity ratio of 32.03, a quick ratio of 0.47 and a current ratio of 0.73. Kimberly Clark has a 1 year low of $114.62 and a 1 year high of $149.23. The company has a market cap of $49.62 billion, a P/E ratio of 21.04, a PEG ratio of 3.91 and a beta of 0.47.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Friday, March 6th will be given a $1.07 dividend. The ex-dividend date is Thursday, March 5th. This is an increase from Kimberly Clark’s previous quarterly dividend of $1.03. This represents a $4.28 annualized dividend and a yield of 2.94%. Kimberly Clark’s dividend payout ratio (DPR) is currently 59.80%.

In related news, insider Tristram Wilkinson sold 469 shares of Kimberly Clark stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $144.64, for a total value of $67,836.16. Following the sale, the insider now directly owns 6,079 shares in the company, valued at approximately $879,266.56. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Aaron Powell sold 3,670 shares of Kimberly Clark stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $145.30, for a total transaction of $533,251.00. Following the completion of the sale, the insider now owns 5,486 shares in the company, valued at $797,115.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 28,941 shares of company stock worth $4,173,815. 0.85% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of the stock. Glassman Wealth Services increased its position in shares of Kimberly Clark by 145.1% in the third quarter. Glassman Wealth Services now owns 174 shares of the company’s stock worth $25,000 after acquiring an additional 103 shares in the last quarter. John W. Brooker & Co. CPAs purchased a new position in shares of Kimberly Clark in the fourth quarter worth approximately $25,000. Princeton Global Asset Management LLC purchased a new position in shares of Kimberly Clark in the fourth quarter worth approximately $26,000. Horan Capital Advisors LLC. purchased a new position in shares of Kimberly Clark in the third quarter worth approximately $28,000. Finally, Moser Wealth Advisors LLC purchased a new position in shares of Kimberly Clark in the fourth quarter worth approximately $28,000. Hedge funds and other institutional investors own 71.88% of the company’s stock.

About Kimberly Clark

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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