Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Down – What’s Next?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $10.02, but opened at $9.45. Kimberly-Clark de Mexico SAB de CV shares last traded at $9.78, with a volume of 723 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Itau BBA Securities upgraded Kimberly-Clark de Mexico SAB de CV from a “market perform” rating to an “outperform” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Kimberly-Clark de Mexico SAB de CV currently has a consensus rating of “Buy”.

Kimberly-Clark de Mexico SAB de CV Price Performance

The firm has a market cap of $6.07 billion, a P/E ratio of 16.17 and a beta of 0.77. The company has a current ratio of 1.19, a quick ratio of 0.97 and a debt-to-equity ratio of 4.62. The firm has a 50-day simple moving average of $9.91 and a 200-day simple moving average of $9.55.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last issued its quarterly earnings data on Thursday, October 23rd. The basic materials company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a net margin of 13.02% and a return on equity of 145.62%. The company had revenue of $728.43 million for the quarter, compared to the consensus estimate of $723.40 million.

Kimberly-Clark de Mexico SAB de CV Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, October 2nd were given a dividend of $0.1121 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a dividend yield of 424.0%. Kimberly-Clark de Mexico SAB de CV’s dividend payout ratio is presently 18.03%.

About Kimberly-Clark de Mexico SAB de CV

Kimberly-Clark de México, S. A. B. de C. V., together with its subsidiaries, manufactures, distributes, and markets disposable products in Mexico. The company offers baby diapers, training pants, swim pants, wet wipes, shampoos, creams, bar soaps, and feeding products. It also provides toilet papers, napkins, facial tissues, paper towels, feminine pads, panty liners, tampons, intimate wipes, and menstrual cups.