Media coverage about Kimberly-Clark Corporation (NYSE:KMB) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kimberly-Clark Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.2865484756287 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Miley Cyrus Had A Good Reason For Missing the Teen Choice Awards! (currenthollywood.com)
- Proshare Advisors LLC Lowers Its Position in Kimberly-Clark Corporation (KMB) Stock (campdesrecrues.com)
- Kimberly-Clark Corporation (KMB) Ownership Decreased by Proshare Advisors LLC (iphonefresh.com)
- Kimberly-Clark Corporation (KMB) Holdings Decreased by Proshare Advisors LLC (topactu.net)
- Weekly Top Insider Buys Highlight for the Week of August 11 - GuruFocus.com (gurufocus.com)
Kimberly-Clark Corporation (NYSE:KMB) traded up 0.87% during midday trading on Monday, reaching $121.69. 923,440 shares of the company traded hands. The stock’s 50 day moving average is $124.79 and its 200 day moving average is $128.60. The company has a market capitalization of $42.99 billion, a price-to-earnings ratio of 20.32 and a beta of 0.76. Kimberly-Clark Corporation has a one year low of $111.30 and a one year high of $136.21.
Kimberly-Clark Corporation (NYSE:KMB) last issued its earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.49. The business had revenue of $4.55 billion during the quarter, compared to analyst estimates of $4.56 billion. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. Kimberly-Clark Corporation’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.53 earnings per share. On average, equities analysts anticipate that Kimberly-Clark Corporation will post $6.21 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 8th will be paid a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Thursday, September 7th. Kimberly-Clark Corporation’s dividend payout ratio is currently 64.88%.
A number of equities research analysts have recently weighed in on the stock. Berenberg Bank restated a “hold” rating on shares of Kimberly-Clark Corporation in a research note on Thursday, July 27th. Citigroup Inc. restated a “neutral” rating and issued a $131.00 price target (down from $132.00) on shares of Kimberly-Clark Corporation in a research note on Friday. UBS AG downgraded shares of Kimberly-Clark Corporation from a “buy” rating to a “neutral” rating and reduced their price target for the company from $134.00 to $120.00 in a research note on Wednesday, July 12th. BidaskClub downgraded shares of Kimberly-Clark Corporation from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $121.00 price target on shares of Kimberly-Clark Corporation in a research note on Wednesday, July 26th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $133.07.
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In other Kimberly-Clark Corporation news, insider Sergio Cruz sold 7,078 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The stock was sold at an average price of $130.01, for a total value of $920,210.78. Following the completion of the sale, the insider now owns 4,910 shares of the company’s stock, valued at $638,349.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Thomas J. Mielke sold 20,108 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $128.11, for a total value of $2,576,035.88. Following the completion of the sale, the senior vice president now directly owns 23,543 shares of the company’s stock, valued at approximately $3,016,093.73. The disclosure for this sale can be found here. 0.56% of the stock is owned by corporate insiders.
Kimberly-Clark Corporation Company Profile
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
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