|Bid||125.50 x 800|
|Ask||126.00 x 800|
|Day's Range||125.41 - 130.50|
|52 Week Range||99.36 - 132.47|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||31.17|
|Forward Dividend & Yield||4.12 (3.33%)|
|1y Target Est||N/A|
Earnings season is in full swing on Wall Street. Here are two problems that suggest stock prices could come back down to Earth soon.
Kimberly Clark Corp (NYSE: KMB ) received an upgrade Tuesday from Macquarie on the basis of a stronger earnings outlook. The Analyst Caroline Levy upgraded Kimberly Clark from Neutral to Outperform and ...
The first quarter earnings season is well and truly upon us, as Wall Street turns its attention away from catalysts such as the Federal Reserve and U.S.-China trade talks and focuses instead on fundamentals like revenues and profit margins.So far, results are beating expectations but still showing a slide on the bottom line. Through April 18, 15% of the companies in the S&P 500 reported results. Of those, according to FactSet, 78% beat estimates with results that were 5.7% ahead of analyst expectations. But earnings on a year-over-year basis are down 4.3%.If the earnings decline holds, it will mark the first pullback in profits since the middle of 2016.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Sell Before They Give Back 2019 Gains However, investors seem to be focusing on the positive … so far. They're rewarding stocks that are beating estimates instead of focusing on the overall decline in earnings. Here are four stocks that are rallying today following earnings results: Twitter (TWTR) Click to EnlargeTwitter (NYSE:TWTR) shares are soaring, up more than 16% as I write this, after reporting better-than-expected results. The move pushes the stock up and out of a sideways consolidation range going back to last summer. And it even caught the eye of President Trump, who took to the Twitter platform to claim credit for its success and warn against alleged anti-conservative bias.The company reported earnings of 37 cents per share, 22 cents above estimates, on an 18.3% rise in revenues. Daily average users came in at 134 million vs. estimates for around 128 million. United Technologies (UTX) Click to EnlargeShares of United Technologies (NYSE:UTX) are testing, within pennies, the prior high set last September marking a 40%+ rally off of the late December low. The company reported results before the open, with earnings of $1.91 per share beating estimates by 19 cents on a 20.5% rise in revenues. * 10 High-Yielding Dividend Stocks That Won't Wilt This marked the ninth consecutive quarter of beating earnings estimates as the company enjoyed its best organic growth rate in over a decade. The seemingly insatiable demand for airliners is fueling solid results at its Pratt & Whitney engine subsidiary. Kimberly Clark (KMB) Click to EnlargeToilet paper maker Kimberly Clark (NYSE:KMB) is enjoying an upside breakout after reporting results on Monday. The move pushes shares up and over multi-year resistance near the $125-a-share level that was first established in early 2016. The company reported earnings of $1.66 per share, 11 cents ahead of estimates on a 2.1% drop in revenues.A series of analyst upgrades have followed, including Argus and Macquarie. The highlight was on a 3% jump in organic revenues and a reaffirming of 2019 guidance. Management continues to focus on alleviating the impact of rising input prices and was able to trim $115 million from its expense line, partially as a result of closing two personal face facilities. Whirlpool (WHR) Click to EnlargeShares of appliance maker Whirlpool (NYSE:WHR) are rallying to test prior highs set in late February, partially reversing the slide from the 2017 highs near $190. The company has enjoyed a lift following President Trump's trade action against imported washing machines and dishwashers. The result was the largest-ever three-month increase in the cost of washing machines, helping bolster Whirlpool's bottom line. * 7 Red-Hot E-Commerce Stocks to Consider The company reported earnings of $3.11 per share, 26 cents ahead of estimates, despite a 3.1% drop in revenues. Management reaffirmed full-year guidance, including expectations of upwards of $900 million in free cash flow.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post 4 Stocks Surging on Earnings Surprises appeared first on InvestorPlace.
Procter & Gamble Beats Third-Quarter Estimates(Continued from Prior Part)Organic sales to grow by a solid 4% Procter & Gamble (PG) has impressed investors with its organic sales growth in the first three quarters of fiscal 2019. Higher
Procter & Gamble Beats Third-Quarter EstimatesKey takeaways Procter & Gamble (PG) posted stronger-than-expected third-quarter results on Tuesday, April 23. Robust organic sales, a lower effective tax rate, and share buybacks helped Procter
For much of the 35 years Chuck Halnan spent as a lobbyist, he had a side business. In the mid-1980s, Halnan founded a company that’s come to be known as U.S. Monuments Plus. It and he were responsible for creating, among other iconic statues, the UCLA Bruin and the UC Irvine Anteater.
Key Takeaways from Kimberly-Clark’s First Quarter(Continued from Prior Part)EPS exceeds expectations Kimberly-Clark (KMB) posted better-than-expected earnings in the first quarter of 2019. Kimberly-Clark’s adjusted earnings of $1.66 per share
Key Takeaways from Kimberly-Clark’s First Quarter(Continued from Prior Part)Q1 sales surpass estimates Kimberly-Clark (KMB) posted better-than-expected first-quarter sales thanks to the strong growth in its base business. Kimberly-Clark posted net
Key Takeaways from Kimberly-Clark’s First QuarterKey takeawaysKimberly-Clark (KMB) stock rose 5.4% on Monday, April 22, after the company released stronger-than-expected first-quarter results. Higher pricing and a favorable mix helped
Stocks that moved substantially or traded heavily on Monday: Kimberly-Clark Corp., up $6.70 to $130.25 The maker of Kleenex tissues and other consumer products reported a surge in profit that beat forecasts. ...
U.S. stocks ended a low-volume trading session little changed on Monday, with the biggest gains in the energy sector as investors otherwise stayed on the sidelines ahead of quarterly earnings. Investors were waiting for some of the biggest S&P 500 companies, including Boeing Co, Amazon.com Inc and Facebook Inc to report first-quarter results later in the week. Phil Orlando, chief equity market strategist, at Federated Investors, in New York said he has been encouraged by quarterly results even though it was early in the reporting season.
Stocks end mixed Monday as oil prices rise following a move by the Trump administration to end waivers issued to eight countries allowing them to buy Iranian oil without facing U.S. sanctions.
U.S. stocks were little changed on Monday, as investors were cautious ahead of a barrage of quarterly earnings reports from major companies. S&P 500 companies, including Boeing Co, Amazon.com Inc and Facebook Inc, were scheduled to report first-quarter results this week, which could help clear any investor fears of a earnings recession. Phil Orlando, chief equity market strategist, at Federated Investors, in New York said he has been encouraged by quarterly reports even though it was early in the earnings season.
Kimberly-Clark earnings for the first quarter of the year have KMB stock flying high on Monday.Source: Shutterstock Kimberly-Clark (NYSE:KMB) reported earnings per share of $1.66 for the first quarter of 2019. This is down from the company's earnings per share of $1.71 from the same time last year. However, it was a boon to KMB stock by beating out Wall Street's earnings per share estimate of $1.54 for the quarter.Net income reported by Kimberly-Clark for the first quarter of the year was $466 million. This is a massive increase over the company's net income of $97 million reported in the first quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Kimberly-Clark earnings report for the first quarter of 2019 also includes operating income of $655 million. That's better than the personal care company's operating income of $247 million reported during the same time last year.Kimberly-Clark earnings for the first quarter of the year have revenue coming in at $4.63 billion. That's a drop from the company's revenue of $4.73 billion reported in the first quarter of the previous year. Despite this, it was still good news for KMB stock by coming in above analysts' revenue estimate of $4.53 billion for the period. * 7 Tech Stocks With Too Much Risk, Not Enough Upside The most recent Kimberly-Clark earnings report also has it reaffirming its guidance for the full year of 2019. It is expecting earnings per share for the year to range from $6.50 to $6.70. Wall Street is looking for earnings per share of $6.60 for the year.KMB stock was up 5% as of Monday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Kimberly-Clark Earnings: KMB Stock Shoots Higher on Q1 Earnings Beat appeared first on InvestorPlace.
Is it good enough to justify bulls initiating a new position? For now, I would consider Kimberly-Clark a buy on pullbacks, given how overbought it is in the short-term. Kimberly-Clark stock is bursting above its prior channel, highlighted on the daily chart above with blue lines.
Persisting Challenges Could Hurt Colgate-Palmolive in Q1(Continued from Prior Part)The consensus estimate for the first quarterColgate-Palmolive (CL) has failed to impress with its sales performance in the past several quarters. The company managed
Despite upbeat earnings reports so far, the S&P 500 has been trading in a narrow range and was 1.3% below a record high it hit in late September. Earnings reports from about a third of the S&P 500 companies, including Boeing Co, Amazon.com Inc and Facebook Inc, this week would help determine if investors should be concerned about the start of an earnings recession or whether back-to-back quarters of negative growth can be avoided.