Kimberly-Clark Corporation (NYSE:KMB):
Kimberly-Clark Joins Forces with World Wildlife Fund to Engage Consumers to Help Save the World’s Forests.
The company is up since yesterday’s close of $128.05.
The company also recently announced a dividend that will be paid on Wednesday July 5th, 2017. The dividend will be $0.970 per share for the quarter or $3.88 annualized. This dividend represents a yield of $3.01. The ex-dividend date will be on Wednesday June 7th, 2017.
Kimberly-Clark Corporation, launched on June 29, 1928, is involved in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Business’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company sells its products to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets. It sells its products for away-from-home use through distributors and directly to manufacturing, lodging, office building, food service and public facilities. As of December 31, 2016, the Company and its equity companies had manufacturing facilities in 38 countries, and it sold products in more than 175 countries. The Business’s business outside North America includes Developing and Emerging Markets (D&E) and Developed Markets. D&E markets consist of Eastern Europe, the Middle East and Africa, Latin America and Asia-Pacific, excluding Australia and South Korea. Its Developed Markets consist of Western and Central Europe, Australia and South Korea..
It is trading at $128.77 slightly below $128.88, the stock’s 50 day moving average and which is just over the 200 day moving average of $125.19. The 50 day moving average moved down $-0.11 and the 200 day average moved up $3.58.
The P/E ratio is currently 21.25 and market capitalization is 45.70B. As of the last earnings report the EPS was $6.06 and is projected to be $6.28 for the current year with 354,928,000 shares outstanding. Next quarter’s EPS is estimated at $1.58 and the next full year EPS is anticipated to be $6.72.
Several investment analysts have released ratings on the stock. On June 9 analysts at Berenberg started coverage setting a rating of “Hold”. On November 15, 2016 Wells Fargo released its first research report on the stock by announcing an initial rating of “Market Perform”.
On October 26 the company was downgraded from “” to “Neutral” with a current price target of $123.00 in a report issued by CLSA. On October 25 UBS held the stock rating at “Neutral” but raised the price expectation from $111.00 to $123.00.
October 25 investment analysts at Goldman Sachs maintained a stock rating of “Buy” but moved down the price target to $145.00 from $154.00. October 24 investment analysts at Citigroup kept the company rating at “Neutral” and lowered the price expectation from $139.00 to $125.00.