Kimberly Clark (KMB) Offering Possible 16.28% Return Over the Next 8 Calendar Days

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Kimberly Clark’s most recent trend suggests a bullish bias. One trading opportunity on Kimberly Clark is a Bull Put Spread using a strike $137.00 short put and a strike $132.00 long put offers a potential 16.28% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $137.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $132.00 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Kimberly Clark is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Kimberly Clark is bullish.

The RSI indicator is at 60.08 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Kimberly Clark

Kimberly-Clark’s (KMB) Growth Pillars Aid, Input Costs Hurt
Mon, 05 Apr 2021 15:20:03 +0000
Kimberly-Clark (KMB) has been benefiting from its three growth pillars and a focus on restructuring programs, while higher input costs and K-C Professional unit softness are concerns.

Kimberly-Clark Raised Prices. Here’s What It Means For the Stock.
Thu, 01 Apr 2021 16:44:00 +0000
Kimberly-Clark announced price increases for a number of its products. Analysts warn that the consumer goods company could still be stung by higher costs.

Kimberly-Clark (KMB) Hikes Product Price to Fight Cost Inflation
Thu, 01 Apr 2021 14:19:02 +0000
Kimberly-Clark (KMB) will hike net selling prices for most of its North America consumer products business by the end of June. This will help the company battle high commodity costs.

Scott Tissue Maker Hikes Toilet Paper Prices Amid Rising Commodity Costs
Wed, 31 Mar 2021 18:09:05 +0000
(Bloomberg) — The maker of Scott toilet paper and Huggies diapers will soon start charging more for its consumer products to counter rising commodity costs.Kimberly-Clark Corp., one of the biggest tissue producers, told U.S. and Canadian customers that it’s raising prices for most consumer products to offset “significant” commodity cost inflation, with percentage increases in the mid-to-high single digits. Nearly all price hikes take effect in late June and impact baby and child care, adult care and Scott bathroom tissue businesses, the Dallas-based company said Wednesday in a statement.Kimberly-Clark shares rose as much as 2.8% to a four-month high in U.S. trading before paring gains. The stock, which has risen 9.4% in the past year, was up 1.2% to $139.91 at 2:06 p.m. in New York.The move by the maker of Kleenex tissues has triggered analysts’ expectations that more companies will start raising prices for tissue products, to become the latest consumer good to be impacted by higher raw material costs during the pandemic.“We expect Procter & Gamble to lend its support soon (critical for a successful hike) and Kruger Products to lead a similar initiative in Canada,” CIBC analyst Hamir Patel said in a note.Though toilet-paper makers have the option to reduce costs by cutting back on the number of sheets and making other quality modifications, price increases are largely expected after the cost of pulp — a wood product — soared by 35% in the last year, Patel said.Surging pulp is following record-high lumber prices, which have significantly increased the cost of homebuilding and reduced inventories at mills across North America.“We wouldn’t be surprised to see similar moves from Georgia-Pacific (private) and Procter & Gamble,” BMO Capital Markets analyst Mark Wilde in a note, adding that these companies also face rising pulp costs.This could be good news for Clearwater Paper Corp., a consumer tissue producer that makes some lower-tier product and skews toward recycled tissue grades, Wilde said.(Adds share price in third paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Kimberly-Clark to raise prices in June — including on toilet paper
Wed, 31 Mar 2021 14:49:00 +0000
Kimberly-Clark Corp. (KMB) announced Wednesday that it has alerted customers in the U.S. and Canada about coming price hikes on the majority of its North America consumer goods, including baby and child care products, adult care items and Scott bathroom tissue. The price hikes will be in the mid-to-high single digits and will be implemented in June. The increases will be reflected in list prices and are due to commodity cost inflation.

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