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

Key Points

• Henkel is expected to report quarterly results before the market opens Tuesday, November 10. Analysts anticipate earnings of $0.794 per share on $11.79 billion in revenue.
• Henkel shares recently traded at $20.76, near their 52-week high of $22.82 and above both their 50-day and 200-day moving averages.
• Analyst sentiment remains neutral: Zacks Research and Goldman Sachs upgraded the stock from “strong sell” to “hold,” while the consensus rating is “Hold.”

Henkel AG & Co. (OTCMKTS:HENKY - Get Free Report) is anticipated to issue its results before the market opens on Tuesday, November 10th. Analysts expect the company to post earnings of $0.7940 per share and revenue of $11.79 billion for the quarter.

Henkel AG & Co. Price Performance

Shares of Henkel AG & Co. stock traded down $0.04 on Tuesday, hitting $20.76. The company's stock had a trading volume of 15,188 shares, compared to its average volume of 93,815. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.20 and a quick ratio of 0.93. Henkel AG & Co. has a 1 year low of $16.83 and a 1 year high of $22.82. The firm has a fifty day moving average price of $19.75 and a 200-day moving average price of $19.59.

Analyst Upgrades and Downgrades

Several analysts have commented on HENKY shares. Zacks Research raised Henkel AG & Co. from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 12th. The Goldman Sachs Group raised Henkel AG & Co. from a "strong sell" rating to a "hold" rating in a research note on Tuesday, October 6th. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company has a consensus rating of "Hold".

Henkel AG & Co. Company Profile

Henkel AG & Co KGaA is a German consumer and industrial products company headquartered in Düsseldorf. Founded in 1876, the company serves customers worldwide through two main business segments: Adhesive Technologies and Consumer Brands.

Its Adhesive Technologies business develops adhesives, sealants and functional coatings for industrial, automotive, electronics, packaging, construction and consumer applications. Its portfolio includes well-known brands such as Loctite, Technomelt and Pritt, along with products sold under specialized professional and industrial brands.

Henkel's Consumer Brands business offers laundry and home-care products, as well as hair-care and other personal-care products.

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