Kimberly-Clark Corp (KMB) has seen a mixed bag of results in Q3 2024. The company managed to surpass expectations with an EPS of $1.83, demonstrating its ability to
optimize profits despite
decreasing organic sales. However, analysts also highlight that their annual outlook has been hampered by
retail inventory pressures. CFRA raised the stock target by $13 on account of the earnings beat, but the stock did gap down, leading to a belief that it is
oversold. Despite this, its Q3 earnings did top estimates, bringing some reassurance to investors. Some investors believe the company's
growth potential is being underestimated, while others see it as a
questionable place for capital given the mixed results. Analysts from Royal Bank of Canada reaffirmed their 'Outperform' rating, while JPMorgan Chase lowered their price target to $140.00, adding to the mixed sentiments about the company. Meanwhile, institutional ownership stands strong at 79%. Overall, the health of the company seems mixed, with room for improvements but equally notable accomplishments.
Kimberly-Clark Corp KMB News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sat, 26 Oct 2024 19:50:45 GMT -
Rating -1
- Innovation -3
- Information 6
- Rumor 2
