Kimberly-Clark Corporation (NYSE: KMB) is -15.53% lower on its value in year-to-date trading and has touched a low of $117.32 and a high of $145.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KMB stock was last observed hovering at around $121.56 in the last trading session, with the day’s loss setting it -0.83% off its average median price target of $132.00 for the next 12 months. It is also 19.51% off the consensus price target high of $150.00 offered by 18 analysts, but current levels are -2.31% lower than the price target low of $118.00 for the same period.
Currently trading at $120.73, the stock is -4.83% and -8.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -0.68% at the moment leaves the stock -8.91% off its SMA200. KMB registered -10.24% loss for a year compared to 6-month gain of -1.36%.
The stock witnessed a -11.36% loss in the last 1 month and extending the period to 3 months gives it a -5.36%, and is -0.89% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.20% over the week and 1.66% over the month.
Kimberly-Clark Corporation (KMB) has around 45000 employees, a market worth around $40.56B and $20.13B in sales. Current P/E ratio is 22.87 and Fwd P/E is 18.45. Profit margin for the company is 8.90%. Distance from 52-week low is 2.91% and -17.19% from its 52-week high. The company has generated returns on investments over the last 12 months (22.00%).
Kimberly-Clark Corporation (KMB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Kimberly-Clark Corporation (KMB) is a “Hold”. 18 analysts offering their recommendations for the stock have an average rating of 3.20, where 14 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Kimberly-Clark Corporation is expected to release its quarterly report on 10/25/2022.The EPS is expected to shrink by -22.00% this year
Kimberly-Clark Corporation (KMB) Top Institutional Holders
The shares outstanding are 337.40M, and float is at 337.05M with Short Float at 2.15%.
Kimberly-Clark Corporation (KMB) Insider Activity
A total of 37 insider transactions have happened at Kimberly-Clark Corporation (KMB) in the last six months, with sales accounting for 20 and purchases happening 17 times. The most recent transaction is an insider sale by Hsu Michael D., the company’s Chief Executive Officer. SEC filings show that Hsu Michael D. sold 41,698 shares of the company’s common stock on May 12 at a price of $140.08 per share for a total of $5.84 million. Following the sale, the insider now owns 89593.0 shares.
Kimberly-Clark Corporation disclosed in a document filed with the SEC on May 05 that Wilkinson Tristram (President, APAC) sold a total of 2,069 shares of the company’s common stock. The trade occurred on May 05 and was made at $137.17 per share for $0.28 million. Following the transaction, the insider now directly holds 14102.0 shares of the KMB stock.
Still, SEC filings show that on May 03, Cunningham Doug (President, EMEA) disposed off 4,242 shares at an average price of $137.00 for $0.58 million. The insider now directly holds 0 shares of Kimberly-Clark Corporation (KMB).
Kimberly-Clark Corporation (KMB): Who are the competitors?
The company’s main competitors (and peers) include Johnson & Johnson (JNJ) that is trading -0.76% down over the past 12 months and The Procter & Gamble Company (PG) that is -5.16% lower over the same period.