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

Key Points

• Shares gapped up at the open to $12.5499 from $11.88 but last traded around $11.86 on light volume (1,618 shares), suggesting the move did not sustain.
• Itau BBA downgraded the stock from "outperform" to "market perform," and the consensus rating on MarketBeat is currently "Hold."
• The company reported EPS of $0.19 (missing the $0.20 estimate by $0.01) while beating revenue expectations with $827.16M versus $789.47M, and showed strong profitability metrics (ROE 168.57%, net margin 13.92%).

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report)'s share price gapped up before the market opened 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 trading hands.

Analysts Set New Price Targets

Separately, Itau BBA Securities lowered shares of 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 analyst has rated the stock with a Hold rating, According to MarketBeat, Kimberly-Clark de Mexico SAB de CV presently has an average rating of "Hold".

Kimberly-Clark de Mexico SAB de CV Price Performance

The firm has a market cap of $7.36 billion, a PE ratio of 17.09 and a beta of 0.76. The company has a 50 day simple moving average of $11.97 and a 200-day simple moving average of $11.01.

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

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.

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