Kimberly-Clark Corporation (NYSE:KMB) Receiving Positive Press Coverage, Analysis Finds
Headlines about Kimberly-Clark Corporation (NYSE:KMB) have been trending positive on Sunday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kimberly-Clark Corporation earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 74 out of 100, indicating that recent press coverage is likely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Kimberly-Clark Corporation (KMB) noted a price change of -0.64% and Axon Enterprise, Inc. (AAXN) closes with a … – Stocks Gallery (stocksgallery.com)
- Brokerages Expect Kimberly-Clark Corporation (NYSE:KMB) Will Announce Earnings of $1.51 Per Share (americanbankingnews.com)
- Near-Term, Can This Stock Move the Needle: Kimberly-Clark Corporation (NYSE:KMB) – FLBC News (flbcnews.com)
- Is Kimberly-Clark Corporation (KMB) Dependable Investment For Shareholders? – AllStockNews (allstocknews.com)
- Kimberly-Clark Becomes Oversold (KMB) – Nasdaq (nasdaq.com)
Shares of Kimberly-Clark Corporation (NYSE KMB) opened at 124.51 on Friday. The firm’s 50-day moving average is $129.69 and its 200 day moving average is $126.77. The firm has a market capitalization of $44.19 billion, a P/E ratio of 20.55 and a beta of 0.78. Kimberly-Clark Corporation has a 12 month low of $111.30 and a 12 month high of $138.87.
Kimberly-Clark Corporation (NYSE:KMB) last released its earnings results on Monday, April 24th. The company reported $1.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.03. The firm had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.50 billion. Kimberly-Clark Corporation had a net margin of 11.99% and a return on equity of 602.48%. The company’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the company earned $1.53 earnings per share. On average, equities research analysts anticipate that Kimberly-Clark Corporation will post $6.28 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 5th. Shareholders of record on Friday, June 9th were paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date of this dividend was Wednesday, June 7th. Kimberly-Clark Corporation’s payout ratio is 64.13%.
KMB has been the subject of a number of research reports. Zacks Investment Research upgraded Kimberly-Clark Corporation from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a report on Tuesday, March 21st. B. Riley reiterated a “neutral” rating and set a $128.00 target price on shares of Kimberly-Clark Corporation in a report on Sunday, April 23rd. BidaskClub cut Kimberly-Clark Corporation from a “buy” rating to a “hold” rating in a report on Saturday, July 1st. J P Morgan Chase & Co started coverage on shares of Kimberly-Clark Corporation in a research note on Tuesday, March 21st. They set a “neutral” rating and a $139.00 price objective for the company. Finally, Jefferies Group LLC started coverage on shares of Kimberly-Clark Corporation in a research note on Tuesday, April 18th. They set a “hold” rating and a $134.00 price objective for the company. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating to the company’s stock. Kimberly-Clark Corporation presently has an average rating of “Hold” and an average target price of $133.36.
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In related news, insider Sergio Cruz sold 7,078 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $130.01, for a total transaction of $920,210.78. Following the sale, the insider now directly owns 4,910 shares in the company, valued at approximately $638,349.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Thomas J. Mielke sold 20,108 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $128.11, for a total transaction of $2,576,035.88. Following the sale, the senior vice president now owns 23,543 shares in the company, valued at $3,016,093.73. The disclosure for this sale can be found here. Over the last quarter, insiders sold 32,267 shares of company stock worth $4,155,862. Corporate insiders own 0.56% of the company’s stock.
About Kimberly-Clark Corporation
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
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