Alert: New Earnings Report (7/23/24)-Kimberly-Clark Corp (NYSE: KMB).

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Kimberly-Clark Corp (NYSE: KMB) has reported E.P.S. of $1.61 for its second fiscal quarter (ending June 30) versus $0.30 for the same period a year ago — an increase of 437%. However, this result fell short of the consensus estimate of $1.70 by $-0.09. For the latest four quarters through June 30, E.P.S. were $6.78 versus $4.86 for the same period a year ago — an increase of 40%.

Recent Price Action

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Kimberly-Clark Corp (NYSE: KMB) stock suffered a large decline of -5.7% on 7/23/24. The stock closed at $135.88. Moreover, this decline was accompanied by exceptionally high trading volume at 242% of normal. The stock has declined -3.6% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

KMB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Kimberly-Clark has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Kimberly-Clark has a slightly positive Power Rating of 65 and a slightly positive Appreciation Score of 68, and the Positive Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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