Henkel AG & Co. (HENKY) Expected to Post Earnings on Thursday

Henkel AG & Co. (OTCMKTS:HENKY) is projected 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. Price Performance

Shares of Henkel AG & Co. stock opened at $20.53 on Thursday. Henkel AG & Co. has a one year low of $16.83 and a one year high of $22.82. The stock’s fifty day moving average is $19.28 and its 200 day moving average is $19.39. The company has a quick ratio of 0.91, a current ratio of 1.20 and a debt-to-equity ratio of 0.07.

Analyst Upgrades and Downgrades

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 research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

About Henkel AG & Co.

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.