The Latest Breaking News from KimberlyClark

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If history is any guide, there may be good fortune ahead for shares of Kimberly-Clark (NYSE:KMB). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Kimberly-Clark's (NYSE:KMB) short percent of float has fallen 10.94% since its last report. The company recently reported that it has 7.68 million shares sold short, which is 2.28% of all regular shares that are available for trading.

Analysts have provided the following ratings for Kimberly-Clark (NYSE:KMB) within the last quarter:

Wells Fargo analyst Chris Carey raised the price target on Kimberly Clark Corp (NYSE:KMB) to $135 from $128 and kept an Equal Weight rating on the shares. The revised price target implies a 5% downside. Chris believes Kimberly-Clark's Q1 results helped overcome the belief that costs would drive earnings cuts. Deutsche Bank analyst Steve Powers raised…

Over the past 3 months, 5 analysts have published their opinion on Kimberly-Clark (NYSE:KMB) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

According to Benzinga Pro, during Q1, Kimberly-Clark (NYSE:KMB) earned $535.00 million, a 48.2% increase from the preceding quarter. Kimberly-Clark also posted a total of $5.09 billion in sales, a 2.62% increase since Q4.

Kimberly-Clark (NYSE:KMB) is set to give its latest quarterly earnings report on Friday, 2022-04-22. Here's what investors need to know before the announcement. Analysts estimate that Kimberly-Clark will report an earnings per share (EPS) of $1.23.