Kimberly-Clark Corporation (NYSE:KMB) saw an upside of 0.30% to close Tuesday at $134.63 after adding $0.4 on the day. The 5-day average trading volume is 2,026,580 shares of the company’s common stock. It has gained $136.40 in the past week and touched a new high 1 time within the past 5 days. An average of 1,466,440 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,491,688.
KMB’s 1-month performance is -1.70% or -$2.52 on its low of $131.44 reached on 01/19/23. The company’s shares have touched a 52-week low of $108.74 and high of $144.57, with the stock’s rally to the 52-week high happening on 01/09/23. YTD, KMB has lost -0.83% or -$1.12 and has reached a new high 4 times. However, the current price is down -6.88% from the 52-week high price.
KMB stock investors last saw insider trading activity on May 12.Hsu Michael D. (Chief Executive Officer) most recently sold 41,698 shares at $140.08 per share on May 12. This transaction cost the insider $5,840,943. President, APAC, Wilkinson Tristram, sold 2,069 shares at a price of $137.17 on May 05. Then, on May 03, President, EMEA Cunningham Doug sold 4,242 shares at a price of $137.00 per share. This transaction amounted to $581,154.
KMB stock has a beta of 0.43. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.20 while the price-to-book (PB) in the most recent quarter is 104.36, with the price to cash flow ratio at 147.14.
Kimberly-Clark Corporation’s quick ratio for the period ended September 29 was 0.50, with the current ratio over the same period at 0.80. As well, the company’s long term debt to equity for the quarter ending September 29 was 18.05, while the total debt to equity was 20.24.. In terms of profitability, the gross margin trailing 12 months is 30.20%. The firm’s gross profit as reported stood at $5.99 billion against revenue of $19.44 billion.
For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 13.49% to $467.0 million, while revenue of $437.0 million was 6.42% off the previous quarter. Analysts expected KMB to announce $1.44 per share in earnings in its latest quarter, but it posted $1.4, representing a -2.80% surprise. EBITDA for the quarter stood at more than $843.0 million. KMB stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 17.25 billion, with total debt at $8.85 billion. Shareholders hold equity totaling $337.49 million.
Let’s look briefly at Kimberly-Clark Corporation (KMB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 46.10% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.36%.
The stock’s 5-day moving average is $133.80, reflecting a -1.63% or -$2.23 change from its current price. KMB is currently trading -2.04% above its 20-day SMA, +4.50% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +8.72% and SMA200 by+6.87%.
Stochastic %K and %D was 41.54% and 30.68% and the average true range (ATR) pointed at 2.30. The RSI (14) points at 47.95%, while the 14-day stochastic is at 41.11% with the period’s ATR at 2.24. The stock’s 9-day MACD Oscillator is pointing at -0.36 and -0.97 on the 14-day charts.
In the most recent analyst report for Kimberly-Clark Corporation (NYSE: KMB), Jefferies downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for KMB stock have a consensus rating for the stock as Hold. Currently, 2 brokerage advisors rate KMB as a “sell,”, while 16 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 0 have offered a “buy” rating.
What is KMB’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $118.00 and a high of $150.00, with their median price target at $135.00. Looking at these predictions, the average price target given by analysts is for Kimberly-Clark Corporation (KMB) stock is $132.29.