[PR Newswire] – DALLAS, May 4, 2016 /PRNewswire/ — The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a regular quarterly dividend of $.92 per share. The dividend is payable on July 5, 2016, …
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Kimberly-Clark Corporation (KMB), with a current market cap of $46.07B, began trading this morning at $125.95. A quick look at the market, the company’s stock traded between $125.57 and $128.33 with a trailing 52-week range being $103.04 to $138.76.
Priced at 20.58x this year’s forecasted earnings, KMB shares are relatively expensive compared to the industry’s 17.95x forward p/e ratio. The company pays shareholders $3.68 per share in dividend income per year, for a current yield of 2.94%.
According to a consensus of 12 analysts, the earnings estimate of $1.48 per share would be $0.07 better than the year-ago quarter and a $0.01 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $6.13, which would be a $0.37 improvement when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $4.57 Billion. If reported, that would be a 1.51% decrease over the year-ago quarter.
More recently, Deutsche Bank downgraded KMB from Buy to Hold (Apr 25, 2016). Previously, Societe Generale upgraded KMB from Hold to Buy. The average price target for KMB shares by the analysts covering it is $136.83, which is 8.64% above where the stock opened.
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