Equities analysts forecast that Kimberly Clark Corp (NYSE:KMB) will post sales of $4.59 billion for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Kimberly Clark’s earnings. The lowest sales estimate is $4.55 billion and the highest is $4.66 billion. Kimberly Clark posted sales of $4.60 billion during the same quarter last year, which suggests a negative year-over-year growth rate of 0.2%. The company is expected to announce its next quarterly earnings report on Tuesday, July 23rd.

According to Zacks, analysts expect that Kimberly Clark will report full year sales of $18.43 billion for the current fiscal year, with estimates ranging from $18.29 billion to $18.58 billion. For the next fiscal year, analysts expect that the firm will post sales of $18.78 billion, with estimates ranging from $18.73 billion to $18.84 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for Kimberly Clark.

Kimberly Clark (NYSE:KMB) last posted its quarterly earnings results on Monday, April 22nd. The company reported $1.66 EPS for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.12. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.55 billion. Kimberly Clark had a return on equity of 5,637.04% and a net margin of 9.63%. Kimberly Clark’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.71 earnings per share.

A number of research analysts recently commented on KMB shares. JPMorgan Chase & Co. raised Kimberly Clark from a “neutral” rating to an “overweight” rating and set a $129.00 price target for the company in a research note on Friday, January 18th. Wells Fargo & Co reaffirmed a “hold” rating and issued a $105.00 price target on shares of Kimberly Clark in a research note on Wednesday, January 23rd. Morgan Stanley raised Kimberly Clark from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $107.00 to $113.00 in a research note on Thursday, January 24th. Barclays reaffirmed a “hold” rating and issued a $109.00 price target on shares of Kimberly Clark in a research note on Friday, January 25th. Finally, BNP Paribas started coverage on Kimberly Clark in a research note on Monday, February 11th. They issued an “outperform” rating and a $130.00 price target for the company. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $120.24.

KMB stock opened at $128.72 on Friday. The stock has a market capitalization of $44.25 billion, a P/E ratio of 19.47, a P/E/G ratio of 3.73 and a beta of 0.61. Kimberly Clark has a 52 week low of $99.36 and a 52 week high of $132.47. The company has a debt-to-equity ratio of 51.24, a current ratio of 0.73 and a quick ratio of 0.47.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Friday, June 7th will be given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Thursday, June 6th. Kimberly Clark’s dividend payout ratio is presently 62.33%.

In other news, insider Aaron Powell sold 6,986 shares of the business’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $127.02, for a total transaction of $887,361.72. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Thomas J. Falk sold 58,218 shares of the business’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $127.73, for a total value of $7,436,185.14. The disclosure for this sale can be found here. In the last quarter, insiders sold 397,777 shares of company stock worth $50,121,049. Company insiders own 0.85% of the company’s stock.

Several large investors have recently added to or reduced their stakes in KMB. Vanguard Group Inc grew its holdings in shares of Kimberly Clark by 1.0% during the third quarter. Vanguard Group Inc now owns 26,068,811 shares of the company’s stock worth $2,962,461,000 after purchasing an additional 264,393 shares during the last quarter. DNB Asset Management AS grew its holdings in shares of Kimberly Clark by 20.5% during the fourth quarter. DNB Asset Management AS now owns 56,695 shares of the company’s stock worth $6,460,000 after purchasing an additional 9,662 shares during the last quarter. BKD Wealth Advisors LLC lifted its stake in shares of Kimberly Clark by 4.6% in the fourth quarter. BKD Wealth Advisors LLC now owns 4,917 shares of the company’s stock worth $560,000 after acquiring an additional 217 shares during the period. Rockland Trust Co. lifted its stake in shares of Kimberly Clark by 8.5% in the fourth quarter. Rockland Trust Co. now owns 39,046 shares of the company’s stock worth $4,449,000 after acquiring an additional 3,064 shares during the period. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its stake in shares of Kimberly Clark by 78.3% in the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 18,508 shares of the company’s stock worth $2,109,000 after acquiring an additional 8,129 shares during the period. Institutional investors own 73.60% 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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