Henkel AG & Co. (HENKY) Projected to Post Earnings on Wednesday

Henkel AG & Co. (OTCMKTS:HENKY) is expected to post its results before the market opens on Wednesday, March 11th. Analysts expect Henkel AG & Co. to post earnings of $0.7370 per share and revenue of $5.9925 billion for the quarter.

Henkel AG & Co. Trading Down 1.8%

HENKY stock opened at $20.01 on Tuesday. The firm’s fifty day moving average is $20.84 and its 200 day moving average is $19.65. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.91 and a current ratio of 1.21. Henkel AG & Co. has a one year low of $16.54 and a one year high of $22.82.

Wall Street Analyst Weigh In

Separately, Barclays cut Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Henkel AG & Co. has an average rating of “Moderate Buy”.

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.