Market Update: Kimberly-Clark Corporation (NYSE:KMB) – Kimberly-Clark Names Chief Information Officer

[PR Newswire] – DALLAS, May 16, 2016 /PRNewswire/ — Kimberly-Clark Corporation (NYSE: KMB) today announced that Suja Chandrasekaran has been named chief information officer, reporting to Maria Henry, senior vice president … Read more on this. Kimberly-Clark Corporation (KMB) , valued at $46.74B, opened at $128.82. Today, shares have traded between $128.76 and $129.82 per share with its 52-week range being $103.04 to $138.76. Kimberly Clark (KMB) shares are currently priced at 21.14x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 18.14x earnings multiple for the same period. The company pays shareholders $3.68 per share annually in dividends, yielding 2.85%. According to a consensus of 12 analysts, the earnings estimate of $1.48 per share would be $0.07 better than the year-ago quarter and a $0.01 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $6.11 is a $0.35 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $4.57 Billion. If reported, that would be a 1.51% decrease over the year-ago quarter. More recently, Deutsche Bank downgraded KMB from Buy to Hold (Apr 25, 2016). Previously, Societe Generale upgraded KMB from Hold to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $136.83, which is 6.22% above where the stock opened this morning. See more in (NYSE:KMB) Similar Articles: Stock Update: Kimberly-Clark Corporation (NYSE:KMB) – Kimberly-Clark Declares Quarterly Dividend Company Update: Kimberly-Clark Corporation (NYSE:KMB) – Kimberly-Clark Awards $1.18 Million in College Scholarships to High School Students in North America Market Update: Kimberly-Clark Corporation (NYSE:KMB) – Kimberly-Clark Announces Year-End 2015 Results And 2016 Outlook