Company Update (NYSE:KMB): Kimberly-Clark to Webcast 1st Quarter 2016 Earnings Conference Call

[PR Newswire] – DALLAS, April 8, 2016 /PRNewswire/ — Kimberly-Clark Corporation (NYSE: KMB) will webcast a discussion of its first quarter 2016 results at 9 a.m. CDT on Friday, April 22. Chairman and CEO Thomas Falk … Read more on this. Kimberly-Clark Corporation (KMB) , valued at $49.56B, opened this morning at $137.31. Looking at today’s trading action, the company’s one day range from $136.52 to $137.60 with a one year range of $103.04 to $137.60. KMB shares are currently priced at 22.29x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 18.69x forward p/e ratio. And for dividend hunters, the company pays shareholders $3.68 per share annually in dividends, yielding 2.70%. In a review of the consensus earnings estimate this quarter, 12 sell-side analysts are looking at $1.51 per share, which would be $0.09 better than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $6.13 which would be a $0.37 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $4.53 Billion. If realized, that would be a 3.41% decrease over the year-ago quarter. In terms of ratings, Societe Generale upgraded KMB from Hold to Buy (Oct 23, 2015). Previously, Deutsche Bank upgraded KMB from Hold to Buy. The average price target for KMB shares by the analysts covering it is $135.33, which is 1.44% below where the stock opened. See more in (NYSE:KMB) Similar Articles: Market Update: Kimberly-Clark Corporation (NYSE:KMB) – Kimberly-Clark Announces Year-End 2015 Results And 2016 Outlook Stock Update: Kimberly-Clark Corporation (NYSE:KMB) – Kimberly-Clark Announces Third Quarter 2015 Results Company Update: Kimberly-Clark Corporation (NYSE:KMB) – Kimberly-Clark Receives U.S. EPA 2015 SmartWay® Excellence Award