Henkel AG & Co. (OTCMKTS:HENKY – Get Free Report) is anticipated to announce its results before the market opens on Thursday, August 6th. Analysts expect Henkel AG & Co. to announce earnings of $0.7940 per share and revenue of $11.7930 billion for the quarter.
Henkel AG & Co. Trading Up 0.3%
Shares of OTCMKTS HENKY opened at $20.57 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.91 and a current ratio of 1.20. Henkel AG & Co. has a 52 week low of $16.83 and a 52 week high of $22.82. The stock’s fifty day moving average is $19.44 and its 200 day moving average is $19.41.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded shares of Henkel AG & Co. from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Henkel AG & Co. Company Profile
Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.
The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.
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