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

Henkel AG & Co. (OTCMKTS:HENKY) is projected to release 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 3.7%

OTCMKTS HENKY opened at $20.96 on Wednesday. Henkel AG & Co. has a 12 month low of $16.54 and a 12 month high of $22.82. The company’s 50 day simple moving average is $20.73 and its 200 day simple moving average is $19.62. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.10.

Analyst Upgrades and Downgrades

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

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.