Kimberly-Clark Corp. (NYSE: KMB) is 4.65% higher on its value in year-to-date trading and has touched a low of $116.32 and a high of $147.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KMB stock was last observed hovering at around $127.94 in the last trading session, with the day’s loss setting it -0.78%.
Currently trading at $127.16, the stock is 0.74% and 3.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.66 million and changing -0.61% at the moment leaves the stock 1.91% off its SMA200. KMB registered -6.20% loss for a year compared to 6-month gain of 7.24%. The firm has a 50-day simple moving average (SMA 50) of $2.44 and a 200-day simple moving average (SMA200) of $16.26.
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The stock witnessed a 0.30% loss in the last 1 month and extending the period to 3 months gives it a 2.85%, and is 0.87% up 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 1.09% over the week and 1.28% over the month.
Kimberly-Clark Corp. (KMB) has around 41000 employees, a market worth around $42.84B and $20.43B in sales. Current P/E ratio is 24.43 and Fwd P/E is 17.18. Profit margin for the company is 8.63%. Distance from 52-week low is 9.32% and -14.01% from its 52-week high. The company has generated returns on investments over the last 12 months (20.33%).
Kimberly-Clark Corp. quarterly earnings per share for the current quarter are estimated at $1.62 with sales reaching $5.08B over the same period.The EPS is expected to grow by 5.11% this year, but quarterly earnings will post 0.20% year-over-year. Quarterly sales are estimated to shrink -2.10% in year-over-year returns.
2,128 institutions hold shares in Kimberly-Clark Corp. (KMB), with institutional investors hold 78.96% of the company’s shares. The shares outstanding are 337.00M, and float is at 335.96M with Short Float at 1.31%. Institutions hold 78.83% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 30.2 million shares valued at $4.17 billion. The investor’s holdings represent 8.93% of the KMB Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 29.1 million shares valued at $4.02 billion to account for 8.61% of the shares outstanding. The other top investors are State Street Corporation which holds 18.13 million shares representing 5.36% and valued at over $2.5 billion, while Charles Schwab Investment Management, Inc. holds 2.07% of the shares totaling 7.01 million with a market value of $968.32 million.
Kimberly-Clark Corp. (KMB) Insider Activity
The most recent transaction is an insider purchase by SMUCKER MARK T, the company’s Director. SEC filings show that SMUCKER MARK T bought 827 shares of the company’s common stock on Jan 29 ’24 at a price of $120.98 per share for a total of $0.1 million. Following the purchase, the insider now owns 827.0 shares.
Kimberly-Clark Corp. disclosed in a document filed with the SEC on Jan 26 ’24 that Wilkinson Tristram (President, APAC) sold a total of 3,720 shares of the company’s common stock. The trade occurred on Jan 26 ’24 and was made at $121.00 per share for $0.45 million. Following the transaction, the insider now directly holds 17229.0 shares of the KMB stock.
Still, SEC filings show that on Nov 29 ’23, Melucci Jeffrey P. (Chief Legal Officer) disposed off 3,000 shares at an average price of $121.71 for $0.37 million. The insider now directly holds 25,169 shares of Kimberly-Clark Corp. (KMB).
