Kimberly Clark Corp (KMB) updated its FY13 earnings guidance on Friday. The company provided earnings per share guidance of $5.50-5.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.58. The company issued revenue guidance of +0-3% to ~$21.06-21.70 billion, compared to the consensus revenue estimate of $21.24 billion.
A number of research firms have also recently commented on KMB. Analysts at Credit Suisse initiated coverage on shares of Kimberly Clark Corp in a research note to investors on Thursday. They set an underperform rating and a $82.00 price target on the stock. On a related note, analysts at Zacks reiterated a neutral rating on shares of Kimberly Clark Corp in a research note to investors on Monday, January 14th. They now have a $89.00 price target on the stock. Finally, analysts at TheStreet reiterated a buy rating on shares of Kimberly Clark Corp in a research note to investors on Friday, January 11th.
Four analysts have rated the stock with a buy rating, one has assigned an overweight rating, fourteen have assigned a hold rating, and one has given a sell rating to the company?s stock. The company presently has an average rating of hold and an average target price of $87.59.
Kimberly Clark Corp (KMB) opened at 86.58 on Friday. Kimberly Clark Corp (KMB) has a 1-year low of $70.50 and a 1-year high of $88.25. The stock?s 50-day moving average is currently $85.32. The company has a market cap of $33.877 billion and a price-to-earnings ratio of 18.27. Kimberly Clark Corp last released its earnings data on Friday, January 25th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.02. The company had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $5.19 billion. During the same quarter in the previous year, the company posted $1.28 earnings per share. The company?s revenue for the quarter was up 2.5% on a year-over-year basis. Kimberly Clark Corp has set its FY13 guidance at $5.50-5.65 EPS. Analysts expect that Kimberly Clark Corp (KMB) will post $5.23 EPS for the current fiscal year.
Kimberly-Clark Corporation (Kimberly Clark), is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers using advanced technologies in fibers, nonwovens and absorbency.