Price movement of Kimberly-Clark
Kimberly-Clark (KMB) has a market cap of $47.6 billion. It rose by 1.7% to close at $132.41 per share on June 14, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 2.4%, 3.2%, and 5.5%, respectively, on the same day. This means that KMB is trading 3.8% above its 20-day moving average, 2.4% above its 50-day moving average, and 8.2% above its 200-day moving average.
Related ETFs and peers
The PowerShares DWA Consumer Staples Momentum Portfolio (PSL) invests 2.0% of its holdings in Kimberly-Clark. The ETF tracks an index of US consumer cyclical firms selected and weighted by price momentum. The YTD price movement of PSL was 0.18% on June 14, 2016.
The PowerShares High Yield Equity Dividend Achievers Portfolio ETF (PEY) invests 1.7% of its holdings in Kimberly-Clark. The ETF aims to track a yield-weighted index of US companies that have increased their annual dividend for at least ten consecutive years.
The market caps of Kimberly-Clark’s competitors are as follows:
Kimberly-Clark appointed CMO
Scott Usitalo has been appointed as Kimberly-Clark’s chief marketing officer. Usitalo will report to Tony Palmer, president of global brands and innovation.
Performance of KMB in fiscal 1Q16
Kimberly-Clark reported fiscal 1Q16 net sales of $4,476.0 million, a fall of 4.6% compared to net sales of $4,691.0 million in fiscal 1Q15. Sales of personal care, consumer tissue, and K-C professional segments fell by 4.4%, 5.0%, and 4.0%, respectively, in fiscal 1Q16 compared to fiscal 1Q15. The company’s cost of products sold as a percentage of net sales fell by 2.0%, and its operating profit rose by 7.5% in fiscal 1Q16 compared to the corresponding period last year.
Its net income and EPS (earnings per share) rose to $545.0 million and $1.50, respectively, in fiscal 1Q16 compared to $468.0 million and $1.27, respectively, in fiscal 1Q15. The company reported non-GAAP EPS of $1.53 in fiscal 1Q16, a rise of 7.7% compared to fiscal 1Q15.
KMB’s cash and cash equivalents rose by 2.6%, and its inventories fell by 0.37% in fiscal 1Q16 compared to fiscal 4Q15. Its current ratio rose to 0.96x in fiscal 1Q16 compared to 0.85x in fiscal 4Q15.
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