Equities analysts expect that Kimberly-Clark (NYSE:KMB) will announce $1.62 earnings per share for the current quarter, according to Zacks. Four analysts have issued estimates for Kimberly-Clark’s earnings, with estimates ranging from $1.55 to $1.66. Kimberly-Clark posted earnings of $1.49 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 8.7%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, July 24th.

According to Zacks, analysts expect that Kimberly-Clark will report full-year earnings of $6.94 per share for the current year, with EPS estimates ranging from $6.90 to $7.00. For the next year, analysts expect that the company will report earnings of $7.20 per share, with EPS estimates ranging from $7.00 to $7.45. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Kimberly-Clark.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Monday, April 23rd. The company reported $1.71 earnings per share for the quarter, hitting the consensus estimate of $1.71. The business had revenue of $4.73 billion during the quarter, compared to the consensus estimate of $4.60 billion. Kimberly-Clark had a net margin of 9.77% and a return on equity of 398.41%. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.57 earnings per share.

Several analysts have weighed in on the stock. Sanford C. Bernstein reissued a “market perform” rating and issued a $110.00 price target (down from $115.00) on shares of Kimberly-Clark in a research note on Tuesday, April 24th. TheStreet downgraded shares of Kimberly-Clark from a “b” rating to a “c+” rating in a research note on Monday, April 23rd. Barclays reissued a “hold” rating and issued a $113.00 price target on shares of Kimberly-Clark in a research note on Wednesday, April 25th. Citigroup set a $94.00 price target on shares of Kimberly-Clark and gave the stock a “sell” rating in a research note on Tuesday, April 24th. Finally, ValuEngine downgraded shares of Kimberly-Clark from a “hold” rating to a “sell” rating in a research note on Monday, April 23rd. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $119.33.

In related news, Director Robert W. Decherd purchased 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 24th. The stock was bought at an average cost of $100.05 per share, with a total value of $200,100.00. Following the completion of the purchase, the director now directly owns 45,444 shares in the company, valued at $4,546,672.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.64% of the stock is owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the stock. CNB Bank bought a new position in Kimberly-Clark in the fourth quarter worth about $105,000. Gables Capital Management Inc. bought a new position in Kimberly-Clark in the first quarter worth about $115,000. Centerpoint Advisors LLC raised its stake in Kimberly-Clark by 999.0% in the first quarter. Centerpoint Advisors LLC now owns 1,099 shares of the company’s stock worth $121,000 after buying an additional 999 shares in the last quarter. Truewealth LLC bought a new position in Kimberly-Clark in the fourth quarter worth about $123,000. Finally, Lee Financial Co raised its stake in Kimberly-Clark by 313.8% in the first quarter. Lee Financial Co now owns 1,167 shares of the company’s stock worth $128,000 after buying an additional 885 shares in the last quarter. 73.54% of the stock is owned by institutional investors.

Kimberly-Clark traded up $0.93, hitting $104.60, during mid-day trading on Wednesday, Marketbeat reports. The company’s stock had a trading volume of 54,894 shares, compared to its average volume of 2,499,619. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 10.96. The company has a market capitalization of $36.21 billion, a PE ratio of 16.79, a P/E/G ratio of 2.10 and a beta of 0.66. Kimberly-Clark has a 12 month low of $97.10 and a 12 month high of $134.29.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 3rd. Investors of record on Friday, June 8th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Thursday, June 7th. Kimberly-Clark’s payout ratio is currently 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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