Kimberly-Clark Corporation (KMB) shares are trading at lower $139.31 and the avg recommendation for the stock is Moderate Buy, while the current analyst price target stands at $155.62.
To add more color to this target, the company’s high over the last year is $160.16 and the low is $110.66. Over the last 52 weeks, KMB is up 2.18% while the S&P 500 is up 15.19%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, KMB reported a profit of $1.59 billion. Kimberly-Clark Corporation also saw revenues increase to $4.68 billion. In addition, KMB has free cash flow of $1.95 billion as of 09-2020. The company’s EBITDA came in at $858.0 million which compares well with its peers.
KMB booked profit margins of 12.50%, and its Return on Assets is 14.80%. All told, it is clear that, KMB needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. KMB has a short ratio of 3.51 and outstanding shares of 341.00M.
KMB has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 1.97 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 6.88. Kimberly-Clark Corporation KMB also noted assets of $16.53 billion at the end of the last quarter. Investors should also keep an eye on sector updates as KMB has historically followed its peers on positive news.
All told, Kimberly-Clark Corporation KMB has strung together solid data and demonstrated underlying fundamentals. At its current valuation, KMB represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Kimberly-Clark Corporation KMB is now commanding a market cap of 47.16B and a float of 338.97M. KMB is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of KMB stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in KMB, either long or short, and we have not been compensated for this article.