130.25 +0.02 (0.02%)
After hours: 4:01PM EDT
|Bid||130.38 x 800|
|Ask||130.39 x 800|
|Day's Range||127.93 - 132.47|
|52 Week Range||97.10 - 132.47|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||32.32|
|Earnings Date||Apr 22, 2019|
|Forward Dividend & Yield||4.12 (3.33%)|
|1y Target Est||110.56|
Stocks were mixed Monday as investors awaited quarterly results from an onslaught of major corporations across sectors, with consensus estimates pointing to a broad-based decline in earnings over last year.
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.
Stocks are 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 struggle to maintain a foothold in positive territory as investors face a big week for corporate quarterly results and economic data.
Kimberly-Clark KMB — Kimberly-Clark rose nearly 4.5% after the company reported strong first-quarter earnings. The parent company of Kleenex, Huggies and Kotex reported $1.66 per share versus the expected $1.54 per share, according to Refinitiv. Boeing BA — Shares of the airline manufacturer dropped 0.6% following The New York Times' report that Boeing ignored workers' concerns over its production quality of 787 Dreamliner jets.
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.
Kimberly-Clark posted stronger-than-expected first quarter earnings Monday, and confirmed its full-year outlook, as sales from its personal care division, which includes Huggies diapers and Depends adult ...
Kimberly-Clark Beats Q1 Estimates on Higher Pricing(Continued from Prior Part)Challenges persist Kimberly-Clark (KMB) stock could benefit from its stronger-than-expected first-quarter results in the near term. Higher pricing, a favorable mix, and
Persisting Challenges Could Hurt Colgate-Palmolive in Q1What to expect Colgate-Palmolive (CL) is scheduled to announce its first-quarter earnings results before the market opens on April 26. Analysts’ first-quarter estimates indicate that
Kimberly-Clark shares rose more than 6% after it surpassed analyst estimates, but traders should keep an eye on these key levels.
U.S. stocks pulled back slightly on Monday as investors awaited a barrage of major earnings reports this week, the busiest this earnings season, while a jump in energy stocks kept losses in check. The S&P index recorded 8 new 52-week highs and no new low, while the Nasdaq recorded 19 new highs and 30 new lows.
Roughly 2 million barrels of oil per day would have to be pumped by Saudi Arabia, UAE and the U.S. in order to make up for the sanction.
Boeing and Pfizer helped drag stocks lower Monday, although Halliburton, Kimberly-Clark and rising oil prices provided a bullish side to early trade.
Kimberly-Clark Beats Q1 Estimates on Higher PricingKey takeaways Kimberly-Clark (KMB) posted stronger-than-expected first-quarter results today. The stock was trading higher in the pre-market session. Kimberly-Clark’s top and bottom line handily
About a third of the S&P 500 companies, including Boeing Co , Amazon.com Inc and Facebook Inc, will report this week, determining whether investors should be concerned about the start of an earnings recession or whether back-to-back quarters of negative growth can be avoided. "Q1 earnings have largely been a pleasant surprise thus far, but have not ignited investor enthusiasm enough to move the needle in a meaningful way," Peter Kenny, founder of Strategic Board Solutions LLC in New York, wrote in a client note. Benefiting from a surge in oil prices and upbeat results was Halliburton Co, whose shares rose 2.4% in premarket trading.
Shares of Kimberly-Clark Corp. shot up 5.4% toward a near 2-year high in premarket trade Monday, after the parent of Kleenex, Huggies and Kotex branded consumer products reported first-quarter adjusted earnings and sales that declined less than expected. Net income rose to $454 million, or $1.31 a share, from $93 million, or 26 cents a share, in the same period a year ago, which included charges related to tax reform. Excluding non-recurring items, adjusted EPS fell to $1.66 from $1.71, but was above the FactSet consensus of $1.54. Sales fell 2% to $4.63 billion, but topped the FactSet consensus of $4.54 billion, as personal care sales slipped 1% to $2.3 billion to beat expectations of $2.2 billion and consumer tissue sales dropped 3% to $1.5 billion to match expectations. The company said it expects to record charges of $1.7 billion to $1.5 billion by the end of 2020 for the restructuring program implemented in January 2018, and expects annual cost savings of $500 million to $550 million by the end of 2021, mostly through job cuts and supply chain efficiencies. The company expects to exit some low-margin businesses, mostly in its consumer tissue business segment. The stock has gained 23.5% over the past 12 months, while the SPDR Consumer Staples Select Sector ETF has rallied 12.6% and the S&P 500 has tacked on 8.8%.
Fear Just talk. There has been so much discussion in the print media of late covering market direction. The obvious hand wringing. The gnashing of teeth. The whole wall of worry. I too, sit and think about market direction.
The Dallas-based company said it had net income of $1.31 per share. Earnings, adjusted for restructuring costs, came to $1.66 per share. The results beat Wall Street expectations. The average estimate ...
DALLAS , April 22, 2019 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2019 results. Executive Summary First quarter 2019 net sales of $4.6 billion decreased 2 percent ...