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In the latest trading session, Kimberly-Clark (KMB) closed at $134.68, marking a -0.33% move from the previous day. This move lagged the S&P 500's daily gain of 1.92%. Elsewhere, the Dow gained 2.15%, while the tech-heavy Nasdaq added 0.16%.
Prior to today's trading, shares of the maker of consumer products such as Huggies diapers and Kleenex tissue had gained 11.08% over the past month. This has outpaced the Consumer Staples sector's gain of 3.92% and the S&P 500's gain of 1.54% in that time.
Kimberly-Clark will be looking to display strength as it nears its next earnings release, which is expected to be July 26, 2022. On that day, Kimberly-Clark is projected to report earnings of $1.28 per share, which would represent a year-over-year decline of 12.93%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.91 billion, up 3.95% from the year-ago period.
KMB's full-year Zacks Consensus Estimates are calling for earnings of $5.82 per share and revenue of $20.15 billion. These results would represent year-over-year changes of -5.83% and +3.66%, respectively.
Investors should also note any recent changes to analyst estimates for Kimberly-Clark. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Kimberly-Clark is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Kimberly-Clark has a Forward P/E ratio of 23.22 right now. This valuation marks a premium compared to its industry's average Forward P/E of 12.28.
We can also see that KMB currently has a PEG ratio of 4.64. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. KMB's industry had an average PEG ratio of 1.66 as of yesterday's close.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 182, putting it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow KMB in the coming trading sessions, be sure to utilize Zacks.com.
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KimberlyClark Corporation (KMB) : Free Stock Analysis Report
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