Brokerages expect Church & Dwight Co., Inc. (NYSE:CHD – Get Rating) to post $1.34 billion in sales for the current quarter, according to Zacks. Nine analysts have made estimates of Church & Dwight’s earnings, with the highest sales estimate of $1.35 billion and the lowest estimate of $1.33 billion. Church & Dwight reported sales of $1.27 billion in the same quarter last year, suggesting a positive 5.5% year-over-year growth rate. The company is expected to announce its next quarterly results on Monday, January 1.
According to Zacks, analysts expect Church & Dwight to report annual sales of $5.53 billion for the current year, with estimates ranging from $5.48 billion to $5.60 billion. . For the next fiscal year, analysts expect the company to post sales of $5.74 billion, with estimates ranging from $5.65 billion to $5.84 billion. Zacks sales averages are an average average based on a survey of sell-side analysts who follow Church & Dwight.
Church & Dwight (NYSE:CHD – Get Rating) last released quarterly earnings data on Thursday, April 28. The company reported earnings per share (EPS) of $0.83 for the quarter, beating analyst consensus estimates of $0.76 by $0.07. Church & Dwight had a net margin of 15.46% and a return on equity of 22.29%. The company posted revenue of $1.30 billion for the quarter, versus a consensus estimate of $1.29 billion. In the same quarter of the previous year, the company achieved EPS of $0.83. The company’s quarterly revenue increased by 4.7% compared to the same quarter last year.
CHD has been the subject of a number of analyst reports. Credit Suisse Group downgraded shares of Church & Dwight from an “outperforming” rating to a “neutral” rating and set a price target of $105.00 for the stock. in a research report on Wednesday, January 26. Truist Financial raised its price target on shares of Church & Dwight from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, January 31. Argus downgraded shares of Church & Dwight from a “buy” rating to a “hold” rating in a Thursday, February 3, research report. Morgan Stanley raised its price target on shares of Church & Dwight from $80.00 to $86.00 and gave the stock an “underweight” rating in a Tuesday, April 12 research report. Finally, Stifel Nicolaus raised his price target on Church & Dwight shares from $92.00 to $99.00 and gave the stock a “holding” rating in a Monday, January 31 research report. Four analysts have assigned the stock a sell rating, eight have assigned a hold rating and three have assigned the stock a buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $98.07.
Shares of Church & Dwight opened at $95.73 on Monday. The company’s 50-day moving average price is $99.53 and its 200-day moving average price is $97.59. The company has a quick ratio of 0.33, a current ratio of 0.65 and a debt ratio of 0.47. Church & Dwight has a 52-week low of $80.76 and a 52-week high of $105.28. The company has a market capitalization of $23.24 billion, a P/E ratio of 29.37, a PEG ratio of 3.76 and a beta of 0.42.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 1. Shareholders of record on Monday, May 16 will receive a dividend of $0.2625. This represents an annualized dividend of $1.05 and a dividend yield of 1.10%. The ex-dividend date is Friday, May 13. Church & Dwight’s dividend payout ratio (DPR) is currently 32.21%.
Separately, director Penry W. Price sold 16,718 shares of the company in a trade on Friday, February 11. The shares were sold at an average price of $98.39, for a total value of $1,644,884.02. The transaction was disclosed in a filing with the SEC, accessible via the SEC’s website. 1.70% of the shares are held by insiders.
Several institutional investors and hedge funds have been buying and selling shares of CHD recently. EverSource Wealth Advisors LLC acquired a new position in shares of Church & Dwight in Q4 worth $29,000. Evolution Advisers Inc. acquired a new position in shares of Church & Dwight in Q4 worth $30,000. Riverview Trust Co acquired a new position in shares of Church & Dwight in Q1 worth $30,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in shares of Church & Dwight in Q4 worth $35,000. Finally, US Asset Management LLC acquired a new position in Church & Dwight shares valued at $36,000 in the 1st quarter. Hedge funds and other institutional investors own 84.81% of the company’s shares.
Church & Dwight Corporate Profile (Get an assessment)
Church & Dwight Co, Inc develops, manufactures and markets household, personal care and specialty products. It operates through three segments: Consumer Domestic, Consumer International and Specialty Products Division. The company offers cat litter, carpet deodorizers, laundry detergents and baking soda, as well as other baking soda 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 trade mark SPINBRUSH; 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; gel food supplements under the L’IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and replacement showerheads under the WATERPIK brand; IMPECCABLE products; shortening and cold relief products under the ZICAM brand; and oral care products under the THERABREATH brand.
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