Kimberly-Clark Corp. (NYSE: KMB)’s stock price has increased by 1.50 compared to its previous closing price of 126.05. However, the company has seen a 0.20% increase in its stock price over the last five trading sessions. Investopedia reported 2024-04-08 that Kimberly-Clark (KMB) shares are in focus on Monday after Australian-based Ansell (ANSLY) said it has entered into a binding agreement to acquire the company’s personal protective equipment (PPE) business for $640 million.
Is It Worth Investing in Kimberly-Clark Corp. (NYSE: KMB) Right Now?
Kimberly-Clark Corp. (NYSE: KMB) has a higher price-to-earnings ratio of 24.58x compared to its average ratio. KMB has 36-month beta value of 0.41. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 12 as “hold,” and 1 as “sell.”
The public float for KMB is 335.96M, and currently, short sellers hold a 1.60% ratio of that float. The average trading volume of KMB on April 10, 2024 was 2.13M shares.
KMB’s Market Performance
KMB’s stock has seen a 0.20% increase for the week, with a 1.82% rise in the past month and a 3.84% gain in the past quarter. The volatility ratio for the week is 1.23%, and the volatility levels for the past 30 days are at 1.28% for Kimberly-Clark Corp. The simple moving average for the past 20 days is 1.40% for KMB’s stock, with a 2.50% simple moving average for the past 200 days.
Analysts’ Opinion of KMB
Many brokerage firms have already submitted their reports for KMB stocks, with Evercore ISI repeating the rating for KMB by listing it as a “Outperform.” The predicted price for KMB in the upcoming period, according to Evercore ISI is $150 based on the research report published on March 28, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see KMB reach a price target of $135. The rating they have provided for KMB stocks is “Buy” according to the report published on March 01st, 2024.
BofA Securities gave a rating of “Underperform” to KMB, setting the target price at $115 in the report published on December 15th of the previous year.
KMB Trading at 3.76% from the 50-Day Moving Average
After a stumble in the market that brought KMB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.48% of loss for the given period.
Volatility was left at 1.28%, however, over the last 30 days, the volatility rate increased by 1.23%, as shares surge +0.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.59% upper at present.
During the last 5 trading sessions, KMB rose by +0.20%, which changed the moving average for the period of 200-days by -6.95% in comparison to the 20-day moving average, which settled at $126.23. In addition, Kimberly-Clark Corp. saw 5.29% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KMB starting from SMUCKER MARK T, who purchase 827 shares at the price of $120.98 back on Jan 29 ’24. After this action, SMUCKER MARK T now owns 827 shares of Kimberly-Clark Corp., valued at $100,051 using the latest closing price.
Wilkinson Tristram, the President, APAC of Kimberly-Clark Corp., sale 3,720 shares at $121.00 during a trade that took place back on Jan 26 ’24, which means that Wilkinson Tristram is holding 17,229 shares at $450,120 based on the most recent closing price.
Stock Fundamentals for KMB
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.34 for the gross margin
The net margin for Kimberly-Clark Corp. stands at 0.08. The total capital return value is set at 0.29. Equity return is now at value 241.31, with 9.99 for asset returns.
Based on Kimberly-Clark Corp. (KMB), the company’s capital structure generated 0.9 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 8.87. The interest coverage ratio of the stock is 20.48.
Currently, EBITDA for the company is 3.73 billion with net debt to EBITDA at 1.98. When we switch over and look at the enterprise to sales, we see a ratio of 2.45. The receivables turnover for the company is 9.57for trailing twelve months and the total asset turnover is 1.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.
Conclusion
To put it simply, Kimberly-Clark Corp. (KMB) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
