Church & Dwight (CHD) Releases FY18 Earnings Guidance

Church & Dwight (NYSE:CHD) updated its FY18 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.24-2.28 for the period, compared to the Thomson Reuters consensus estimate of $2.14. The company issued revenue guidance of +8% y/y (Approx $4.078 billion), compared to the consensus revenue estimate of $4.04 billion.Church & Dwight also updated its Q1 guidance to $0.61 EPS.

A number of analysts have commented on the stock. Wells Fargo & Co restated a hold rating on shares of Church & Dwight in a research note on Monday. Societe Generale upgraded shares of Church & Dwight from a hold rating to a buy rating and set a $54.00 price target for the company in a research note on Wednesday, November 29th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Church & Dwight from a buy rating to a hold rating in a research note on Monday, January 22nd. Jefferies Group decreased their price target on shares of Church & Dwight from $63.00 to $58.00 and set a buy rating for the company in a research note on Friday, November 3rd. Finally, Oppenheimer restated a hold rating on shares of Church & Dwight in a research note on Wednesday, November 8th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $51.00.

Shares of Church & Dwight (NYSE:CHD) opened at $46.19 on Monday. The company has a market cap of $11,579.04, a price-to-earnings ratio of 26.55, a price-to-earnings-growth ratio of 2.45 and a beta of 0.45. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 1.05. Church & Dwight has a one year low of $43.21 and a one year high of $54.18.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Monday, February 5th. The company reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.02. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1 billion. Church & Dwight had a net margin of 12.32% and a return on equity of 24.82%. The firm’s quarterly revenue was up 15.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 EPS. equities research analysts forecast that Church & Dwight will post 1.92 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.2175 per share. This is an increase from Church & Dwight’s previous quarterly dividend of $0.19. This represents a $0.87 annualized dividend and a yield of 1.88%. Church & Dwight’s dividend payout ratio is 43.68%.

Church & Dwight announced that its board has approved a stock buyback plan on Thursday, November 2nd that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

In other Church & Dwight news, CFO Richard A. Dierker acquired 1,146 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were acquired at an average cost of $43.66 per share, with a total value of $50,034.36. Following the completion of the acquisition, the chief financial officer now directly owns 6,411 shares in the company, valued at $279,904.26. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.00% of the stock is owned by corporate insiders.

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About Church & Dwight

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

Earnings History and Estimates for Church & Dwight (NYSE:CHD)

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