XTRA:HEN3Household Products
Henkel (XTRA:HEN3) Stock Faces Margin Pressure Despite Solid Organic Growth
Henkel KGaA stock has been grinding higher in recent weeks, with a 90 day return of roughly 23%, and it went into this earnings print already priced for something better than dull. The headline today is that the earnings story is more about pressure than celebration. Net profit margin on a trailing basis sits at 9.4%, a touch below last year, while basic earnings per share for the latest half year are below the prior year’s first half.
For short term traders that soft undercurrent matters...