Heineken (OTCMKTS:HEINY – Get Free Report) is projected to release its results before the market opens on Wednesday, August 5th. Analysts expect Heineken to post earnings of $1.29 per share and revenue of $16.9783 billion for the quarter.
Heineken Stock Performance
Shares of OTCMKTS HEINY opened at $45.68 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 0.93. Heineken has a 52 week low of $37.03 and a 52 week high of $47.63. The stock’s fifty day moving average is $41.91 and its 200 day moving average is $41.18.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on HEINY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Heineken in a research note on Monday, April 27th. Zacks Research lowered shares of Heineken from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft cut shares of Heineken from a “buy” rating to a “hold” rating in a research report on Thursday, May 28th. Finally, JPMorgan Chase & Co. cut shares of Heineken from an “overweight” rating to a “neutral” rating in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
About Heineken
Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.
Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.
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