Kimberly-Clark Corp. [NYSE: KMB] surged by $7.11 during the normal trading session on while it closed the day at $136.04.
Kimberly-Clark Corp. stock has also gained 8.59% of its value over the past 7 days. However, KMB stock has inclined by 8.88% in the 3 months of the year. Over the past six months meanwhile, it has gained 10.52% and gained 11.96% year-on date.
The market cap for KMB stock reached $45.83 billion, with 337.00 million shares outstanding and 336.35 million shares in the current float. Compared to the average trading volume of 2.25M shares, KMB reached a trading volume of 5773089 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Kimberly-Clark Corp. [KMB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KMB shares is $131.37 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KMB stock is a recommendation set at 2.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Kimberly-Clark Corp. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 28, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on March 01, 2024, representing the official price target for Kimberly-Clark Corp. stock. Previously, the target price had yet another drop from $135 to $115, while BofA Securities kept a Underperform rating on KMB stock.
The Average True Range (ATR) for Kimberly-Clark Corp. is set at 2.41, with the Price to Sales ratio for KMB stock in the period of the last 12 months amounting to 2.24. The Price to Book ratio for the last quarter was 50.10, with the Price to Cash per share for the same quarter was set at 3.24. Price to Free Cash Flow for KMB in the course of the last twelve months was 16.51 with Quick ratio for the last quarter at 0.54.
KMB stock trade performance evaluation
Kimberly-Clark Corp. [KMB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.59. With this latest performance, KMB shares gained by 8.89% in over the last four-week period, additionally plugging by 10.52% over the last 6 months – not to mention a drop of -3.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KMB stock in for the last two-week period is set at 75.38, with the RSI for the last a single of trading hit 81.29, and the three-weeks RSI is set at 71.22 for Kimberly-Clark Corp. [KMB]. The present Moving Average for the last 50 days of trading for this stock 124.60, while it was recorded at 128.67 for the last single week of trading, and 124.27 for the last 200 days.
Kimberly-Clark Corp. [KMB]: An insightful look at the core fundamentals
Kimberly-Clark Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.54 and a Current Ratio set at 0.82.
Earnings per share (EPS) analysis for Kimberly-Clark Corp. [KMB] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KMB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kimberly-Clark Corp. go to 5.33%.
Kimberly-Clark Corp. [KMB]: Institutional Ownership
The top three institutional holders of KMB stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in KMB stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in KMB stock with ownership which is approximately 5.8386%.
