Kimberly-Clark (KMB) Set to Announce Quarterly Earnings on Tuesday | MarketBeat

2022-07-23 03:00:06 By : Ms. Selina Wu

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Kimberly-Clark (NYSE:KMB - Get Rating) is scheduled to announce its earnings results before the market opens on Tuesday, July 26th. Analysts expect the company to announce earnings of $1.28 per share for the quarter. Kimberly-Clark has set its FY 2022 guidance at $5.600-$6.000 EPS and its FY22 guidance at $5.60-$6.00 EPS.Investors that are interested in registering for the company's conference call can do so using this link.

Kimberly-Clark (NYSE:KMB - Get Rating) last issued its earnings results on Friday, April 22nd. The company reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.12. Kimberly-Clark had a net margin of 8.86% and a return on equity of 253.93%. The business had revenue of $5.10 billion for the quarter, compared to analyst estimates of $4.92 billion. During the same period in the previous year, the business earned $1.80 EPS. The firm's revenue was up 7.4% on a year-over-year basis. On average, analysts expect Kimberly-Clark to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year. Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock opened at $132.07 on Tuesday. The company has a debt-to-equity ratio of 9.49, a quick ratio of 0.50 and a current ratio of 0.81. The firm's 50-day simple moving average is $132.22 and its 200-day simple moving average is $132.06. Kimberly-Clark has a twelve month low of $117.32 and a twelve month high of $145.79. The firm has a market cap of $44.50 billion, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 4.63 and a beta of 0.33. Kimberly-Clark Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 5th. Shareholders of record on Friday, June 10th were given a $1.16 dividend. The ex-dividend date was Thursday, June 9th. This represents a $4.64 dividend on an annualized basis and a yield of 3.51%. Kimberly-Clark's dividend payout ratio (DPR) is presently 89.40%. Analyst Ratings Changes

A number of equities analysts have commented on KMB shares. The Goldman Sachs Group reduced their price target on shares of Kimberly-Clark from $130.00 to $124.00 in a research report on Tuesday, March 29th. Wells Fargo & Company boosted their price target on shares of Kimberly-Clark from $128.00 to $135.00 and gave the company an "equal weight" rating in a research report on Monday, April 25th. StockNews.com lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a research report on Thursday, June 30th. UBS Group boosted their price target on shares of Kimberly-Clark from $128.00 to $140.00 in a research report on Monday, April 25th. Finally, Royal Bank of Canada upped their target price on shares of Kimberly-Clark from $122.00 to $124.00 and gave the stock a "sector perform" rating in a research report on Monday, April 25th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Kimberly-Clark presently has a consensus rating of "Hold" and an average target price of $132.60.Insider Buying and Selling

In related news, insider Tristram Wilkinson sold 2,069 shares of the business's stock in a transaction that occurred on Thursday, May 5th. The shares were sold at an average price of $137.17, for a total transaction of $283,804.73. Following the completion of the sale, the insider now directly owns 14,102 shares of the company's stock, valued at $1,934,371.34. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Kimberly-Clark news, CEO Michael D. Hsu sold 41,698 shares of the company's stock in a transaction that occurred on Thursday, May 12th. The shares were sold at an average price of $140.08, for a total value of $5,841,055.84. Following the completion of the sale, the chief executive officer now owns 89,593 shares of the company's stock, valued at $12,550,187.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Tristram Wilkinson sold 2,069 shares of the company's stock in a transaction that occurred on Thursday, May 5th. The shares were sold at an average price of $137.17, for a total transaction of $283,804.73. Following the completion of the sale, the insider now directly owns 14,102 shares of the company's stock, valued at approximately $1,934,371.34. The disclosure for this sale can be found here. Insiders sold a total of 62,696 shares of company stock valued at $8,807,911 over the last ninety days. Insiders own 0.55% of the company's stock. Institutional Investors Weigh In On Kimberly-Clark

Large investors have recently bought and sold shares of the company. EHP Funds Inc. bought a new stake in Kimberly-Clark in the first quarter valued at approximately $834,000. Jaffetilchin Investment Partners LLC boosted its holdings in shares of Kimberly-Clark by 1.9% in the first quarter. Jaffetilchin Investment Partners LLC now owns 4,983 shares of the company's stock valued at $696,000 after buying an additional 91 shares during the period. Fort Point Capital Partners LLC boosted its holdings in shares of Kimberly-Clark by 23.9% in the first quarter. Fort Point Capital Partners LLC now owns 5,258 shares of the company's stock valued at $648,000 after buying an additional 1,015 shares during the period. Symphony Financial Ltd. Co. boosted its holdings in shares of Kimberly-Clark by 33.8% in the first quarter. Symphony Financial Ltd. Co. now owns 4,791 shares of the company's stock valued at $607,000 after buying an additional 1,211 shares during the period. Finally, Stonebridge Capital Advisors LLC boosted its holdings in shares of Kimberly-Clark by 4.3% in the first quarter. Stonebridge Capital Advisors LLC now owns 4,860 shares of the company's stock valued at $599,000 after buying an additional 200 shares during the period. Institutional investors own 74.32% of the company's stock. About Kimberly-Clark (Get Rating)

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, swimpants, training and youth pants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Depend, Plenitud, Softex, Poise, and other brand names.See AlsoGet a free copy of the StockNews.com research report on Kimberly-Clark (KMB)Is it Time to Cash Out Novavax Stock?Should you buy Bank of America Stock After Its Q2 Earnings Report?Monthly Dividend Stocks Can Provide Solid IncomeAMC Entertainment Is On Track For Blockbuster Results Abbott Labs Stock Can Be a Recession Hedge for Your Portfolio

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