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

Henkel AG & Co. (OTCMKTS:HENKY) will likely be announcing its resultson Thursday, May 7th. Analysts expect the company to announce earnings of $0.7370 per share and revenue of $11.7422 billion for the quarter.

Henkel AG & Co. Stock Performance

Shares of OTCMKTS:HENKY opened at $17.04 on Wednesday. The firm’s 50 day moving average is $18.87 and its two-hundred day 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 quick ratio of 0.91 and a current ratio of 1.20.

Wall Street Analyst Weigh In

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