Why Kimberly-Clark Corporation (NYSE:KMB) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $138.73 on Kimberly-Clark Corporation (NYSE:KMB) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $6.08 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Kimberly-Clark Corporation (NYSE:KMB) stands at 23.51.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Kimberly-Clark Corporation Comm, the PEG ratio for coming 3-5 years is 2.94.

Technical Analysis

The technical analysis highlights that Kimberly-Clark Corporation Comm current is trading $-5.32 points away or -4.03% from its 50-day moving average of $132.10. Further it is trading $-4.73 or -3.59% away its 200-day moving average of $131.51.

The 52-week high of Kimberly-Clark Corporation (NYSE:KMB) was $138.87 while lowest point recorded in 52-week was $103.04. It implies if stock price makes a movement of over $-12.09, it will record a new 52-week high. In the case of +23.04% drop, it will touch a new 52-week low.

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