Kimberly Clark (NYSE:KMB) Releases FY 2019 Earnings Guidance

Kimberly Clark (NYSE:KMB) updated its FY 2019 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $6.75-6.90 for the period, compared to the Thomson Reuters consensus estimate of $6.81.

A number of brokerages have issued reports on KMB. Wells Fargo & Co boosted their price target on Kimberly Clark from $130.00 to $132.00 and gave the stock a market perform rating in a research report on Tuesday, October 15th. Barclays upgraded Kimberly Clark from an equal weight rating to an overweight rating and boosted their price target for the stock from $144.00 to $152.00 in a research report on Monday, September 23rd. Zacks Investment Research upgraded Kimberly Clark from a sell rating to a hold rating and set a $150.00 price target for the company in a research report on Monday, September 30th. JPMorgan Chase & Co. boosted their price target on Kimberly Clark from $151.00 to $152.00 and gave the stock an overweight rating in a research report on Wednesday, July 24th. Finally, Atlantic Securities upgraded Kimberly Clark from an underweight rating to a neutral rating in a research report on Wednesday, July 24th. Two analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of $136.92.

Shares of KMB stock opened at $139.19 on Tuesday. The company has a debt-to-equity ratio of 134.02, a quick ratio of 0.53 and a current ratio of 0.81. Kimberly Clark has a 1 year low of $100.32 and a 1 year high of $143.50. The stock has a fifty day moving average of $137.41 and a two-hundred day moving average of $133.97. The firm has a market capitalization of $47.22 billion, a PE ratio of 21.06, a price-to-earnings-growth ratio of 3.76 and a beta of 0.55.

Kimberly Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, July 23rd. The company reported $1.67 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.03. The company had revenue of $4.59 billion during the quarter, compared to analyst estimates of $4.60 billion. Kimberly Clark had a return on equity of 27,094.12% and a net margin of 9.80%. The firm’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.59 EPS. Equities research analysts predict that Kimberly Clark will post 6.81 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Friday, September 6th were issued a $1.03 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $4.12 annualized dividend and a dividend yield of 2.96%. Kimberly Clark’s dividend payout ratio (DPR) is 62.33%.

In other news, SVP J. Scott Boston sold 4,834 shares of the company’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $136.26, for a total value of $658,680.84. Following the completion of the sale, the senior vice president now owns 11,901 shares in the company, valued at $1,621,630.26. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Aaron Powell sold 3,964 shares of the company’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $137.95, for a total value of $546,833.80. Following the completion of the sale, the insider now owns 5,780 shares of the company’s stock, valued at approximately $797,351. The disclosure for this sale can be found here. In the last 90 days, insiders sold 44,584 shares of company stock valued at $6,242,483. Insiders own 0.85% of the company’s stock.

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.

Featured Story: Why do analysts give a neutral rating?

Earnings History and Estimates for Kimberly Clark (NYSE:KMB)

Receive News & Ratings for Kimberly Clark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly Clark and related companies with MarketBeat.com's FREE daily email newsletter.