Is Henkel AG & Co. (HENKY) Stock Outpacing Its Consumer Staples Peers This Year?

Looking for strong Consumer Staples stocks? Consider Henkel AG & Co. (HENKY). Henkel AG & Co. is one of 191 companies in the Consumer Staples group, currently ranked #5 in the Zacks Sector Rank. The Zacks Rank, a proven model for identifying outperforming stocks, gives Henkel AG & Co. a current rank of #2 (Buy).

In the past 90 days, HENKY’s full-year earnings estimate has increased by 1.2%, showing improved analyst sentiment and a stronger earnings outlook. Year-to-date, HENKY has seen a 11.1% increase, outperforming the Consumer Staples sector’s average return of 4.6%.

Another strong performer in the sector is Ingredion (INGR), with a year-to-date return of 9%. Ingredion also holds a Zacks Rank #2 (Buy) and has seen a 1.6% increase in consensus EPS estimate for the current year.

Henkel AG & Co. belongs to the Soap and Cleaning Materials industry, which has gained 13.8% year-to-date, slightly underperforming the industry average. On the other hand, Ingredion falls under the Food – Miscellaneous industry, which has moved +3.6% since the beginning of the year.

Investors interested in Consumer Staples stocks should keep an eye on Henkel AG & Co. and Ingredion for their continued solid performance.

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