Invesotrs Wanting To Tap Brakes On Kimberly-Clark Corporation (KMB)?

Considering all key technical indicators, a 64% Buy signal has occurred for Kimberly-Clark Corporation (NYSE:KMB). The stock is also flashing a Hold from the Barchart TrendSpotter trading system. Traders hoping to speculate on the KMB’s short-term trajectory should know that short terms indicators for the stock averaged 40% Buy with an average daily trading volume over the past 20 days at 2647630 shares. KMB stock has overall a 0.75% Buy signal considering medium term indicators and the 50-day average daily volume remained almost 2478876 shares. It’s also worth noting that the stock, whose average daily volume over the 100 days prior to this writing was shares, is 100% Buy on the basis of long term indicators.

The share price is currently staying around the first support level of $115.92. Below this, the next support is placed in the zone of $115.04. Till the time, the KMB stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 58.86 on daily chart, which may remain a cause for concern. If the price breaks below $115.04 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $117.25 mark may result into a pull-back move towards $117.7 level.

Kimberly-Clark Corporation (KMB) is projected to climb by -7.58 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $121 price as 12-month high target. This represents a whopping 3.6 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $107, which represents a return potential of -8.38 percent when compared to the closing price of the stock of $116.79 on Monday, February 11. The lowest price target for the stock is $95 — slightly more than -18.66 percent from KMB’s current share price.

Here’s a rundown of insider trading activity for sense of Kimberly-Clark Corporation (NYSE:KMB). The earliest insider trade took place on 02/08/2019. Palmer Anthony J. parted with a total of 6.12 thousand shares of company at average share price of $115.11. The total for the sales was set at $704.7 thousand. After this transaction, the Pres Global Brands & Inno account balance stood at 6.83 thousand shares. The stock grew 1.06 percent since that insider sale. On 11/27/2018, Azbell Michael T., Vice President and Controller, sold 13.57 thousand shares at a price per share of $115. This removed 1.56 million shares from the insider’s fortune and the stock saw a 1.16 percent rally in value since the news became public. This transaction left 11.58 thousand shares in the Vice President and Controller account. On 11/14/2018, SVP – General Counsel Melucci Jeffrey P. performed a sale transaction worth $111.18 thousand. This sale at $111.18 each has eliminated 1 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded 4.63 percent increase since the transaction was reported. The insider now is left with 4.13 thousand shares remaining in the account. Palmer Anthony J., who performs the Pres Global Brands & Inno job, sold 6.45 thousand shares for $756.26 thousand. The disposal occurred on 08/16/2018 was priced at $117.34 per share. The share price plunged -0.86 percent since the reporting date. Palmer Anthony J. now left with a stake of 12.74 thousand KMB stock worth $1.49 million after the insider selling.

KMB shares accumulated 1.1 points or 0.95 percent on Monday to $116.79 with a light trade volume of 1.902 million shares. After opening the session at $115.5, the shares went as high as $116.83 and as low as $115.5, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $40.4 billion and now has 345.6 million shares outstanding. Kimberly-Clark Corporation (KMB) stock has gained 0.11 percent of market value in 21 trading days.

Analysts at Exane BNP Paribas, assumed coverage of Kimberly-Clark Corporation (NYSE:KMB) with Outperform recommendation, according to their opinion released on February 11. Morgan Stanley analysts bumped their recommendation on KMB stock from Underweight to Equal-Weight in a separate flash note to investors on January 24. Analysts at JP Morgan issued an upgrade from Neutral to Overweight for the stock, in a research note that dated back to January 18.

KMB stock has a trailing 3-year beta of 0.61, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $4.37 a share in the trailing twelve months. The stock’s value has surged 2.5 percent year to date (YTD) against a rise of 4.57 percent in 12 month’s time. The company’s shares still trade -3.06 percent away from its 1-year high of $120.48 and 20.28 percent up from 52-week low of $97.10. The average consensus rating on the company is 3.2, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a hold.

Shares of Kimberly-Clark Corporation (KMB) are trading at a P/E ratio of 26.46 times earnings reported for the past 12 months. The industry KMB operates in has an average P/E of 75.56. Its P/E ratio went as low as 19.06X and as high as 46.03 over the 5-year span. Further, it is sporting a 2.18 on the Price-to-Sales ratio. Compare this with the industry average P/S of 8.5. 30.3 percent is the gross profit margin for Kimberly-Clark Corporation and operating margin sits at 12.1 percent. Along with this, the net profit margin is 7.6 percent.

KMB will be declaring its Q1 financial results on April 24. Analysts are forecasting revenue to suffer decline of -4.4 percent to $4.52B in the next fiscal quarter, while earnings are seen soaring by nearly -9.36 percent to $1.55 per share. History has shown that shares in Kimberly-Clark Corporation have gone down on 20 different earnings reaction days and are predicted to add 0.02 percent when the company reports upcoming earnings. In last reported earnings results, it earned $1.6 per share, worse than the $1.65, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $4.57B, better than the $4.45B analysts expected. Earnings are estimated to increase by -29.4 percent this year, 5.18 percent next year and continue to increase by 2.89 percent annually for the next 5 years.