Henkel AG & Co. (OTCMKTS:HENKY – Get Free Report) is expected to release its resultson Thursday, August 6th. Analysts expect the company to announce earnings of $0.7940 per share and revenue of $11.7930 billion for the quarter.
Henkel AG & Co. Stock Down 0.4%
OTCMKTS:HENKY opened at $20.53 on Thursday. The business’s 50-day simple moving average is $19.28 and its two-hundred day simple moving average is $19.39. Henkel AG & Co. has a 52 week low of $16.83 and a 52 week high of $22.82. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.20 and a quick ratio of 0.91.
Analysts Set New Price Targets
Separately, Zacks Research cut Henkel AG & Co. from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 23rd. One investment 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 company’s stock. According to data from MarketBeat.com, Henkel AG & Co. presently has an average 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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