In today’s recent session, 2.84 million shares of the Kimberly-Clark Corp. (NYSE:KMB) have been traded, and its beta is 0.41. Most recently the company’s share price was $135.17, and it changed around $6.24 or 4.84% from the last close, which brings the market valuation of the company to $45.54B. KMB at last check was trading at a discount to its 52-week high of $147.87, offering almost -9.4% off that amount. The share price’s 52-week low was $116.32, which indicates that the recent value has risen by an impressive 13.95% since then. We note from Kimberly-Clark Corp.’s average daily trading volume that its 3-month average coming to 2.25 million.
Kimberly-Clark Corp. stock received a consensus recommendation rating of Hold, based on a mean score of 2.86. If we narrow it down even further, the data shows that 1 out of 15 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 12 recommended KMB as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Kimberly-Clark Corp. is expected to report earnings per share of $1.63 for the current quarter.
Kimberly-Clark Corp. (NYSE:KMB) trade information
Instantly KMB has been showing a green trend so far today with a performance of 4.84% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 11.24% year-to-date, but still up 7.89% over the last five days. On the other hand, Kimberly-Clark Corp. (NYSE:KMB) is 8.20% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $137.62, which translates to bulls needing to increase their stock price by 1.78% from its current value. Analyst projections state that KMB is forecast to be at a low of $120 and a high of $153.
Kimberly-Clark Corp. (KMB) estimates and forecasts
Kimberly-Clark Corp. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 9.81 percent over the past six months and at a 4.11% annual growth rate that is well below the industry average of 4.40%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -2.40% in revenue this quarter, and will report an increase of 0.60% in the next quarter. The year-over-year growth rate is expected to be 0.10%, up from the previous year.
Consensus estimates provided by 10 financial analysts predict the company will bring in an average of $5.09 billion in revenue for the current quarter. 10 analysts expect Kimberly-Clark Corp. to make $5.09 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $5.2 billion. Analysts predict that the company’s current quarter sales will drop, forecast at -2.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.26%. Kimberly-Clark Corp. earnings are expected to increase by 5.27% in 2024, but the outlook is positive 5.33% per year for the next five years.
KMB Dividends
Kimberly-Clark Corp.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 3.52 percent and its annual dividend per share was 4.76. It is important to note, however, that the 3.52% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
