Equities research analysts expect Church & Dwight Co., Inc. (NYSE:CHD) to announce earnings of $0.81 per share for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for Church & Dwight’s earnings. The lowest EPS estimate is $0.79 and the highest is $0.82. Church & Dwight posted earnings of $0.83 per share during the same quarter last year, which would indicate a negative year over year growth rate of 2.4%. The company is scheduled to issue its next quarterly earnings report on Thursday, April 29th.
On average, analysts expect that Church & Dwight will report full-year earnings of $3.04 per share for the current fiscal year, with EPS estimates ranging from $3.00 to $3.09. For the next year, analysts forecast that the business will report earnings of $3.27 per share, with EPS estimates ranging from $3.20 to $3.38. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Church & Dwight.
Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Thursday, January 28th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.52 by $0.01. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.26 billion. Church & Dwight had a net margin of 16.44% and a return on equity of 24.49%. The firm’s revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.55 EPS.
Several research firms have recently weighed in on CHD. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Church & Dwight from $93.00 to $92.00 and set a “hold” rating on the stock in a research note on Friday, January 22nd. Zacks Investment Research raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a research note on Monday, January 11th. Wells Fargo & Company began coverage on Church & Dwight in a research report on Monday, December 7th. They issued an “equal weight” rating and a $94.00 price target for the company. Finally, Bank of America reduced their price objective on Church & Dwight from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Friday, January 22nd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. Church & Dwight currently has an average rating of “Hold” and an average price target of $97.53.
Shares of Church & Dwight stock traded up $0.85 during trading hours on Tuesday, reaching $81.37. 44,159 shares of the company’s stock were exchanged, compared to its average volume of 1,467,900. Church & Dwight has a 1 year low of $47.98 and a 1 year high of $98.96. The company has a market capitalization of $20.22 billion, a P/E ratio of 26.25, a price-to-earnings-growth ratio of 3.10 and a beta of 0.36. The business has a fifty day moving average of $84.23 and a two-hundred day moving average of $88.95. The company has a quick ratio of 0.97, a current ratio of 1.49 and a debt-to-equity ratio of 0.56.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 1st. Investors of record on Tuesday, February 16th will be issued a $0.2525 dividend. This represents a $1.01 annualized dividend and a dividend yield of 1.24%. The ex-dividend date is Friday, February 12th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.24. Church & Dwight’s payout ratio is currently 40.89%.
In related news, EVP Steven P. Cugine sold 17,504 shares of the business’s stock in a transaction on Thursday, December 17th. The stock was sold at an average price of $86.67, for a total transaction of $1,517,071.68. Following the completion of the transaction, the executive vice president now directly owns 6,958 shares of the company’s stock, valued at approximately $603,049.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Penry W. Price sold 12,632 shares of the business’s stock in a transaction on Thursday, February 4th. The stock was sold at an average price of $82.50, for a total value of $1,042,140.00. Insiders own 2.00% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Achmea Investment Management B.V. boosted its position in shares of Church & Dwight by 14.6% during the 4th quarter. Achmea Investment Management B.V. now owns 72,726 shares of the company’s stock worth $6,344,000 after acquiring an additional 9,262 shares in the last quarter. West Financial Advisors LLC acquired a new position in shares of Church & Dwight during the 4th quarter worth about $189,000. 3D L Capital Management LLC acquired a new position in shares of Church & Dwight during the 4th quarter worth about $255,000. Symmetry Partners LLC boosted its position in shares of Church & Dwight by 11.8% during the 4th quarter. Symmetry Partners LLC now owns 7,325 shares of the company’s stock worth $639,000 after acquiring an additional 772 shares in the last quarter. Finally, Truist Financial Corp boosted its position in shares of Church & Dwight by 36.0% during the 4th quarter. Truist Financial Corp now owns 55,232 shares of the company’s stock worth $4,817,000 after acquiring an additional 14,625 shares in the last quarter. 79.40% of the stock is owned by hedge funds and other institutional investors.
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 deodorizers, 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; FLAWLESS products; and cold remedy products under the ZICAM brand.
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