The stock of Kimberly-Clark Corp. (NYSE: KMB) has decreased by -0.10 when compared to last closing price of 125.40. Despite this, the company has experienced a -2.08% fall in its stock price over the last five trading sessions. Schwab Network reported 2024-04-12 that What have we learned from the markets so far this year? Chris McMahon discusses this, as well as investing strategies for the second half of the year.
Is It Worth Investing in Kimberly-Clark Corp. (NYSE: KMB) Right Now?
The price-to-earnings ratio for Kimberly-Clark Corp. (NYSE: KMB) is 24.06x, which is above its average ratio. Moreover, the 36-month beta value for KMB is 0.42. Analysts have varying opinions 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 1.31% of that float. On April 17, 2024, KMB’s average trading volume was 2.17M shares.
KMB’s Market Performance
KMB’s stock has seen a -2.08% decrease for the week, with a 0.65% rise in the past month and a 1.80% gain in the past quarter. The volatility ratio for the week is 1.22%, and the volatility levels for the past 30 days are at 1.22% for Kimberly-Clark Corp. The simple moving average for the past 20 days is -0.70% for KMB’s stock, with a 0.59% 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 1.24% 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 -15.28% of loss for the given period.
Volatility was left at 1.22%, however, over the last 30 days, the volatility rate increased by 1.22%, as shares surge +0.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.47% upper at present.
During the last 5 trading sessions, KMB fell by -2.08%, which changed the moving average for the period of 200-days by -8.66% in comparison to the 20-day moving average, which settled at $126.21. In addition, Kimberly-Clark Corp. saw 3.10% 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 2.41. 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 wrap up, the performance of Kimberly-Clark Corp. (KMB) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
