Kimberly-Clark (NYSE:KMB) Announces Earnings Results, Beats Estimates By $0.08 EPS

Kimberly-Clark (NYSE:KMB) announced its earnings results on Sunday. The company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.08, MarketWatch Earnings reports. Kimberly-Clark had a return on equity of 812.50% and a net margin of 12.49%. The company had revenue of $4.84 billion during the quarter, compared to analysts’ expectations of $4.73 billion. During the same period last year, the business posted $1.71 EPS. Kimberly-Clark’s revenue for the quarter was up 5.5% on a year-over-year basis.

KMB stock traded up $0.68 during trading on Tuesday, hitting $137.19. 120,516 shares of the company’s stock were exchanged, compared to its average volume of 2,239,596. The business has a 50-day moving average price of $133.52 and a two-hundred day moving average price of $143.53. The stock has a market capitalization of $46.66 billion, a price-to-earnings ratio of 19.41, a PEG ratio of 3.10 and a beta of 0.50. Kimberly-Clark has a 52-week low of $110.66 and a 52-week high of $160.16. The company has a current ratio of 1.00, a quick ratio of 0.70 and a debt-to-equity ratio of 13.61.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 5th. Stockholders of record on Friday, March 5th will be paid a $1.14 dividend. This represents a $4.56 annualized dividend and a dividend yield of 3.32%. The ex-dividend date is Thursday, March 4th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.07. Kimberly-Clark’s dividend payout ratio (DPR) is presently 62.12%.

A number of brokerages recently commented on KMB. Argus cut Kimberly-Clark from a “buy” rating to a “hold” rating in a report on Tuesday. Citigroup lowered their target price on Kimberly-Clark from $127.00 to $122.00 in a report on Tuesday. Royal Bank of Canada lowered their target price on Kimberly-Clark from $152.00 to $147.00 and set a “sector perform” rating for the company in a report on Tuesday. Sanford C. Bernstein began coverage on Kimberly-Clark in a report on Tuesday, January 19th. They set a “market perform” rating and a $142.00 target price for the company. Finally, Wells Fargo & Company began coverage on Kimberly-Clark in a research note on Monday, December 7th. They issued an “underweight” rating and a $130.00 price objective for the company. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. Kimberly-Clark has a consensus rating of “Hold” and a consensus target price of $150.27.

In other Kimberly-Clark news, Director Robert W. Decherd bought 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 29th. The stock was purchased at an average price of $132.67 per share, for a total transaction of $398,010.00. Following the completion of the purchase, the director now directly owns 48,444 shares in the company, valued at $6,427,065.48. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.72% of the stock is owned by insiders.

About Kimberly-Clark

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue 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 for Kimberly-Clark (NYSE:KMB)

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