On July 26, 2023, Filippo Falorni, an analyst at Citigroup, expressed a pessimistic stance on Kimberly-Clark (NYSE:KMB). Despite maintaining a Sell rating, Falorni decided to lower the price target from $130 to $126. While examining the opinions of various analysts surveyed by Capital IQ, it was found that the general consensus is to hold onto Kimberly-Clark, with an average price target range of $125 to $154. Nevertheless, Citigroup’s price target stands below this consensus, suggesting a bearish perspective on the Stock.

Kimberly-Clark Corporation Stock Performance and Future Prospects: July 26, 2023 Analysis

On July 26, 2023, Kimberly-Clark Corporation’s (KMB) stock had an interesting day of trading. Let’s take a closer look at the stock’s performance based on the information provided.

The previous close for KMB stock was $132.92. The stock opened slightly lower at $132.85. Throughout the day, KMB’s stock price fluctuated within a range of $132.00 to $133.30. The volume of shares traded on this day was 382,092.

Kimberly-Clark Corporation has a market capitalization of $46.3 billion.

In terms of earnings growth, KMB has shown positive results. The company experienced a 6.58% growth in earnings last year and is expected to achieve an 11.55% growth in earnings this year. Looking ahead, analysts predict a 10.42% earnings growth for the next five years.

Kimberly-Clark Corporation also demonstrated revenue growth in the previous year, with a growth rate of 3.78%.

The price-to-earnings (P/E) ratio for KMB stock is 27.3.

The price-to-sales ratio (P/S) for KMB stock is 2.28.

The price-to-book (P/B) ratio for KMB stock is 84.61.

Looking ahead, Kimberly-Clark Corporation’s next reporting date is scheduled for October 25, 2023. Analysts forecast an earnings per share (EPS) of $1.56 for the current quarter.

Kimberly-Clark Corporation operates in the Consumer Non-Durables sector, specifically in the Household/Personal Care industry. The company’s corporate headquarters are located in Irving, Texas.

In conclusion, based on the information provided, Kimberly-Clark Corporation’s stock had a mixed performance on July 26, 2023. While the stock opened slightly lower, it experienced some volatility throughout the day. However, the company’s positive earnings and revenue growth, along with its relatively high P/E and P/B ratios, indicate that investors have confidence in its future prospects.

Kimberly-Clark Corp (KMB) Stock Analysis: Median Target Price, Financials, and Investment Considerations

On July 26, 2023, Kimberly-Clark Corp (KMB) had a median target price of $137.00, according to data from CNN Money. The high estimate was $157.00, while the low estimate was $125.00. The current consensus among 20 polled investment analysts is to hold stock in Kimberly-Clark Corp. In terms of financials, Kimberly-Clark Corp reported earnings per share of $1.56 for the current quarter. Sales for the same period were $5.2 billion. Kimberly-Clark Corp is a multinational consumer goods company that specializes in personal care and hygiene products. Investors and analysts are closely monitoring the stock’s performance, considering the median target price of $137.00. However, it is important to note that the stock market is subject to various factors that can impact stock prices, including market conditions, economic trends, and company-specific news. Investors should carefully consider their own investment goals and risk tolerance before making any investment decisions. It is always advisable to conduct thorough research and consult with a financial advisor before investing in any stock.

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