As of Wednesday close, Kimberly-Clark Corporation’s (NYSE:KMB) stock was down -$0.15, moving down -0.12 percent to $126.35. The average number of shares traded per day over the past five days has been 1,237,760 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.46 fall in that time frame. In the last twenty days, the average volume was 1,877,035, while in the previous 50 days, it was 1,679,058.
Since last month, KMB stock retreated -5.64%. Shares of the company fell to $126.23 on 08/16/23, the lowest level in the past month. A 52-week high of $147.87 was reached on 04/25/23 after having rallying from a 52-week low of $108.74. Since the beginning of this year, KMB’s stock price has dropped by -6.92% or -$9.40, and marked a new high 9 times. However, the stock has declined by -14.55% since its 52-week high.
KMB stock investors should be aware that Kimberly-Clark Corporation (KMB) stock had its last reported insider trading activity 21 days ago on Jul 27. Melucci Jeffrey P., the Chief Legal Officer of the company, disposed of 4,423 shares for $130.23 on Jul 27. It resulted in a $576,007 divestment by the insider. Cunningham Doug sold 1,504 shares at an average price of $145.48 on May 02. The insider now owns 0 shares following the transaction. On Apr 27, Vice President and Controller Drexler Andrew sold 7,970 shares at $145.12 apiece. The transaction was valued at $1,156,610.
Valuation Metrics
Right now, Kimberly-Clark Corporation (KMB) has a P/E ratio of about 26.04. The stock’s beta is 0.41. Besides these, the trailing price-to-sales (P/S) ratio of 2.10, the price-to-book (PB) ratio of 85.37, and the price-to-cash flow ratio of 17.82 may also be considered.
The latest dividend of $1.18 per share was paid out, remained unchanged from last year’s $1.18.
Financial Health
In the three months ended June 29, Kimberly-Clark Corporation’s quick ratio stood at 0.50, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 16.31, and the total debt-to-equity ratio was 16.69. On the profitability front, the trailing twelve-month gross margin is 32.60% percent. In the year ended June 29, EBITDA margin amounted to 16.81%, whereas operating margins totaled 11.10%. Based on annual data, KMB earned $6.22 billion in gross profit and brought in $20.18 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 23.70%. Return on equity (ROE) for the past 12 months was 298.10%.
In Kimberly-Clark Corporation’s quarter-end financial report for June 29, it reported total debt of $7.95 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. KMB’s revenue rose 1.38% to $5.2 billion during the quarter, while net income inched up to $5.13 billion. While analysts expected Kimberly-Clark Corporation to report $1.48 quarterly earnings, the actual figure was $1.65 per share, beating the consensus estimate by 11.50%. During the quarter, the company generated $302.0 million in EBITDA. The liabilities of Kimberly-Clark Corporation were 16.73 billion at the end of its most recent quarter ended June 29, and its total debt was $8.34 billion. The value of shareholders’ equity is $338.19 million.
Technical Picture
This quick technical analysis looks at Kimberly-Clark Corporation’s (KMB) price momentum. With a historical volatility rate of 7.23%, the RSI 9-day stood at 23.66% on 16 August.
With respect to its five-day moving average, the current Kimberly-Clark Corporation price is down by -1.14% percent or -$1.46. At present, KMB shares trade -6.65% below its 20-day simple moving average and -0.80% percent below its 100-day simple moving average. However, the stock is currently trading approximately -7.52% below its SMA50 and +4.16% above its SMA200.
Stochastic coefficient K was 2.39% and Stochastic coefficient D was 3.17%, while ATR was 1.65. Given the Stochastic reading of 2.10% for the 14-day period, the RSI (14) reading has been calculated as 27.76%. As of today, the MACD Oscillator reading stands at -0.76, while the 14-day reading stands at -1.41.
Analyst Ratings
Deutsche Bank upgraded its rating on Kimberly-Clark Corporation (NYSE: KMB) to a Hold in a note to investors on March 20, 2023. The analysts firm previously had a Sell rating on the stock.Kimberly-Clark Corporation (KMB) has been rated Hold by analysts. According to 2 brokerage firms, KMB is a sell, and 14 firms recommend it is a Hold. There are 2 analysts who say the stock is underweight. A total of 0 analysts rate Kimberly-Clark Corporation stock as buy, with 1 recommending it as overweight.
With a median target price of $137.00, the current consensus forecast for the stock is $125.00 – $154.00. Based on these forecasts, analysts predict Kimberly-Clark Corporation (KMB) will achieve an average price target of $137.76.
