Kimberly-Clark Corporation Comm (NYSE:KMB):
Kimberly-Clark Announces Third Quarter 2016 Results.
In the market the company is trading up from yesterday’s close of $113.82.
The company also recently declared a dividend for shareholders that was paid on Tuesday the 4th of October 2016. The dividend payment was $0.920 per share for the quarter or $3.68 annualized. The dividend yield was $3.24. The ex-dividend date was set for Wednesday the 7th of September 2016.
It is currently trading at $114.55 which is marginally lower than the 50 day moving average of $121.74 and slightly below the 200 day moving average of $128.30. The 50 day moving average was down by -5.91% and the 200 day average went down by -10.72%.
The P/E ratio is currently 20.83 and the market value is 41.03B. In the last earnings report the EPS was $5.50 and is projected to be $6.00 for the current year with 358,155,000 shares outstanding. Next quarter’s EPS is forecasted at $1.58 and the next full year EPS is anticipated to be $6.37.
Wall Street investment firms have weighed in on Kimberly-Clark Corporation Comm recently. On October 26 the stock rating was downgraded to “Neutral” from “” and a price target of $123.00 was set in an announcement from CLSA. October 25 investment analysts at UBS left the stock rating at “Neutral” and raised the price target to $123.00 from $111.00.
On October 25 Goldman Sachs maintained a stock rating of “Buy” and moved down the price target from $154.00 to $145.00. October 24 investment analysts at Citigroup left the company rating at “Neutral” but lowered the price expectation from $139.00 to $125.00.
On October 10 analysts at Atlantic Equities started coverage setting a rating of “Underweight”. On September 12 Goldman Sachs maintained a company rating of “Buy” but raised the price target to $154.00 from $112.00.