Kimberly-Clark Corp. (NYSE:KMB) finished Friday with a subtraction of -$0.75 to close at $120.85, a downside of -0.62 percent. An average of 1,402,780 shares of common stock have been traded in the last five days. There was a fall of -$3.12 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 1,548,310 shares traded, while the 50-day average volume stands at 1,646,072.
KMB stock has decreased by -6.65% in the last month. The company shares reached their 1-month lowest point of $120.36 on 09/29/23. With the stock rallying to its 52-week high on 04/25/23, shares of the company touched a low of $108.74 and a high of $147.87 in 52 weeks. It has reached a new high 9 times so far this year and lost -10.98% or -$14.90 in price. In spite of this, the price is down -18.27% from the 52-week high.
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Insider Transactions
KMB stock investors should be aware that Kimberly-Clark Corp. (KMB) stock had its last reported insider trading activity 32 days ago on Aug 29. In this transaction, the insider spent $664,836. Chief Legal Officer, Melucci Jeffrey P., disposed of 4,423 shares at a price of $130.23 on Jul 27. The insider now owns more than $576,007 worth of shares. Prior to that, President, EMEA Cunningham Doug went on to Sale 1,504 shares at $145.48 each on May 02. An amount of $218,798 was transacted.
Valuation Metrics
Kimberly-Clark Corp. (KMB) has a trailing price-to-earnings (P/E) ratio of 24.91. The stock’s beta is 0.42. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.01, the price-to-book (PB) ratio at 81.75, and the price-to-cash flow ratio at 17.07.
The company has a payout ratio of 81.16%. The company’s most recent quarterly dividend payment was $1.18 a share, without any change from last year. Its latest increase dividend $0.02 reported on Wednesday January 25 2023.
Financial Health
The quick ratio of Kimberly-Clark Corp. for the three months ended June 29 was 0.55, and the current ratio was 0.87, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 15.89 and a total debt to equity ratio of 16.27 for the quarter ending June 29. Its gross profit as reported stood at $6.22 billion compared to revenue of $20.18 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Kimberly-Clark Corp.’s return on assets was 9.25%.
Earnings Surprise
For the three-month period that ended June 29, Kimberly-Clark Corp. had $7.95 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $102.0 million in the quarter, while revenues were shrunk -328.43%. The analyst consensus anticipated Kimberly-Clark Corp.’s latest quarter earnings to come in at $1.48 per share, but it turned out to be $1.65, a 11.50% surprise. For the quarter, EBITDA amounted to $302.0 million. Shareholders own equity worth $338.19 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Kimberly-Clark Corp. (KMB) price momentum. RSI 9-day as of the close on 29 September was 19.96%, suggesting the stock is oversold, with historical volatility in this time frame at 9.01%.
As of today, KMB’s price is $122.22 -2.52% or -$3.12 from its 5-day moving average. KMB is currently trading -6.19% lower than its 20-day SMA and -16.51% lower than its 100-day SMA. However, the stock’s current price level is -10.40% below the SMA50 and -12.40% below the SMA200.
The stochastic %K and %D were 7.84% and 8.91%, respectively, and the average true range (ATR) was 1.70. With the 14-day stochastic at 6.33% and the average true range at 1.69, the RSI (14) stands at 25.47%. The stock has reached -1.93 on the 9-day MACD Oscillator while the 14-day reading was at -2.59.
Analyst Ratings
HSBC Securities launched coverage on Kimberly-Clark Corp. (NYSE: KMB) in its analyst report released on September 22, 2023. The firm assigned the stock a Hold rating. The consensus rating for Kimberly-Clark Corp. (KMB) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell KMB, while 16 suggest investors hold. There are 2 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is KMB’s price target for the next 12 months?
Analysts predict a range of price targets between $125.00 and $154.00, with a median target of $133.00. Taking a look at these predictions, the average price target given by analysts for Kimberly-Clark Corp. (KMB) stock is $135.88.
