The stock price of Kimberly-Clark Corp. (NYSE: KMB) has surged by 0.44 when compared to previous closing price of 135.93, but the company has seen a 0.36% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-30 that Investors rarely have a reason to ignore Dividend Aristocrat stocks. That’s doubly true today with inflation remaining stubbornly high.
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 25.07x compared to its average ratio, The 36-month beta value for KMB is at 0.40. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 12 as “hold,” and 1 as “sell.”
The public float for KMB is 336.15M, and currently, shorts hold a 1.25% of that float. The average trading volume for KMB on May 01, 2024 was 2.24M shares.
KMB’s Market Performance
KMB stock saw an increase of 0.36% in the past week, with a monthly gain of 6.00% and a quarterly increase of 12.19%. The volatility ratio for the week is 1.97%, and the volatility levels for the last 30 days are 1.58% for Kimberly-Clark Corp. (KMB). The simple moving average for the past 20 days is 5.96% for KMB’s stock, with a 9.84% 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 8.36% 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 -7.14% of loss for the given period.
Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.97%, as shares surge +6.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.42% upper at present.
During the last 5 trading sessions, KMB rose by +0.36%, which changed the moving average for the period of 200-days by +1.04% in comparison to the 20-day moving average, which settled at $129.30. In addition, Kimberly-Clark Corp. saw 12.36% 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 Melucci Jeffrey P., who sale 13,714 shares at the price of $135.53 back on Apr 30 ’24. After this action, Melucci Jeffrey P. now owns 19,935 shares of Kimberly-Clark Corp., valued at $1,858,621 using the latest closing price.
Melucci Jeffrey P., the Chief Bus. & Transf. Officer of Kimberly-Clark Corp., sale 6,390 shares at $135.59 during a trade that took place back on Apr 29 ’24, which means that Melucci Jeffrey P. is holding 33,649 shares at $866,444 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
- 0.35 for the gross margin
The net margin for Kimberly-Clark Corp. stands at 0.09. The total capital return value is set at 0.3. Equity return is now at value 209.30, with 10.46 for asset returns.
Based on Kimberly-Clark Corp. (KMB), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 7.63. The interest coverage ratio of the stock is 21.97.
Currently, EBITDA for the company is 3.73 billion with net debt to EBITDA at 1.96. When we switch over and look at the enterprise to sales, we see a ratio of 2.6. The receivables turnover for the company is 8.55for trailing twelve months and the total asset turnover is 1.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.81.
Conclusion
In conclusion, Kimberly-Clark Corp. (KMB) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
