Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Up – Time to Buy?

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) shares gapped up prior to trading on Friday . The stock had previously closed at $11.88, but opened at $12.5499. Kimberly-Clark de Mexico SAB de CV shares last traded at $11.86, with a volume of 1,618 shares traded.

Analysts Set New Price Targets

Separately, Itau BBA Securities downgraded Kimberly-Clark de Mexico SAB de CV from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Kimberly-Clark de Mexico SAB de CV Stock Up 0.7%

The company has a market cap of $7.36 billion, a P/E ratio of 17.09 and a beta of 0.76. The business has a fifty day moving average of $11.97 and a 200 day moving average of $11.01.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) last announced its earnings results on Tuesday, April 21st. The basic materials company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The business had revenue of $827.16 million for the quarter, compared to the consensus estimate of $789.47 million. Kimberly-Clark de Mexico SAB de CV had a net margin of 13.92% and a return on equity of 168.57%.

Kimberly-Clark de Mexico SAB de CV Company Profile

Kimberly-Clark de México, SAB. de C.V. operates as one of the leading manufacturers of personal care and paper?based products in Mexico. As a locally managed subsidiary of the global Kimberly-Clark Corporation, the company focuses on the production, marketing and distribution of consumer staples designed for everyday use, ranging from facial and bathroom tissue to diapers and feminine care items.

The company’s portfolio includes well-known brands such as Kleenex and Scott for tissue products, Huggies for baby care, Kotex for feminine hygiene and Depend for adult incontinence.