Church & Dwight (NYSE:CHD) Updates FY20 Earnings Guidance

Church & Dwight (NYSE:CHD) updated its FY20 earnings guidance on Thursday. The company provided earnings per share guidance of $2.79-2.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.82. The company issued revenue guidance of ~$4.84 billion, compared to the consensus revenue estimate of $4.79 billion.Church & Dwight also updated its FY 2020
Pre-Market guidance to 2.79-2.81 EPS.

A number of brokerages have issued reports on CHD. Truist Financial raised their price target on Church & Dwight from $90.00 to $105.00 and gave the stock a buy rating in a research note on Monday, August 3rd. Royal Bank of Canada raised their price objective on Church & Dwight from $65.00 to $90.00 and gave the stock a sector perform rating in a report on Monday, August 3rd. They noted that the move was a valuation call. 140166 downgraded Church & Dwight from a positive rating to a neutral rating and set a $185.00 price objective on the stock. in a report on Monday, August 24th. Deutsche Bank Aktiengesellschaft raised their price objective on Church & Dwight from $78.00 to $89.00 and gave the stock a hold rating in a report on Monday, August 3rd. Finally, Citigroup raised their price objective on Church & Dwight from $75.00 to $102.00 and gave the stock a neutral rating in a report on Tuesday, August 4th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of $95.13.

Shares of NYSE:CHD opened at $88.24 on Thursday. The company has a market cap of $21.82 billion, a P/E ratio of 30.75, a PEG ratio of 3.66 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.82 and a current ratio of 1.28. Church & Dwight has a one year low of $47.98 and a one year high of $98.96. The business’s 50-day simple moving average is $92.29 and its 200 day simple moving average is $83.82.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, July 31st. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.63 by $0.14. Church & Dwight had a return on equity of 25.58% and a net margin of 15.70%. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the business posted $0.57 EPS. The company’s revenue was up 10.6% on a year-over-year basis. Analysts predict that Church & Dwight will post 2.82 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.09%. Church & Dwight’s dividend payout ratio is presently 38.87%.

In other Church & Dwight news, EVP Steven P. Cugine sold 20,000 shares of Church & Dwight stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $94.17, for a total transaction of $1,883,400.00. Following the sale, the executive vice president now directly owns 44,462 shares in the company, valued at approximately $4,186,986.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Richard A. Dierker sold 78,070 shares of Church & Dwight stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $93.85, for a total value of $7,326,869.50. Following the completion of the transaction, the vice president now owns 85,723 shares of the company’s stock, valued at approximately $8,045,103.55. The disclosure for this sale can be found here. Insiders have sold a total of 149,668 shares of company stock worth $14,092,036 over the last 90 days. 2.00% of the stock is owned by company insiders.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products in the United States and internationally. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorization, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and replacement showerheads under the WATERPIK brand; and hair removal products under the FLAWLESS brand.

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

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