Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Sees Large Volume Increase - Still a Buy?

Key Points

• Kimberly-Clark de Mexico SAB de CV experienced a significant trading volume increase of 243%, with approximately 156,348 shares traded on Thursday.
• Analysts have downgraded the stock to a "market perform" rating, contributing to an average rating of "Hold" for Kimberly-Clark de Mexico.
• The company reported a missed earnings estimate with an EPS of $0.16, compared to analysts' expectations of $0.17, alongside a substantial revenue report of $749.76 million.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 156,348 shares changed hands during mid-day trading, an increase of 243% from the previous session's volume of 45,646 shares.The stock last traded at $10.12 and had previously closed at $10.05.

Analyst Ratings Changes

Separately, Itau BBA Securities cut shares of Kimberly-Clark de Mexico SAB de CV to a "market perform" rating in a research note on Wednesday, May 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Kimberly-Clark de Mexico SAB de CV currently has an average rating of "Hold".

Kimberly-Clark de Mexico SAB de CV Price Performance

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 business's 50-day simple moving average is $9.57 and its two-hundred day simple moving average is $8.91. The firm has a market cap of $6.20 billion, a price-to-earnings ratio of 16.26 and a beta of 0.76.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The basic materials company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a net margin of 13.36% and a return on equity of 135.47%. The firm had revenue of $749.76 million during the quarter, compared to the consensus estimate of $14.27 billion.

Kimberly-Clark de Mexico SAB de CV Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 11th. Stockholders of record on Thursday, July 3rd were paid a $0.1121 dividend. This represents a dividend yield of 485.0%. The ex-dividend date of this dividend was Wednesday, July 2nd. Kimberly-Clark de Mexico SAB de CV's payout ratio is currently 79.03%.

Kimberly-Clark de Mexico SAB de CV Company Profile

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.

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