Stock analysts expect Church & Dwight Co., Inc. (NYSE:CHD – Get Rating) to report sales of $1.28 billion for the current quarter, reports Zacks Investment Research. Eight analysts provided Church & Dwight earnings estimates, with the lowest sales estimate at $1.28 billion and the highest estimate at $1.29 billion. Church & Dwight reported sales of $1.24 billion in the same quarter last year, indicating a positive year-over-year growth rate of 3.2%. The company is expected to release its next earnings report before the market opens on Monday, January 1.
According to Zacks, analysts expect Church & Dwight to report annual revenue of $5.53 billion for the current fiscal year, with estimates ranging from $5.51 billion to $5.57 billion. . For the next fiscal year, analysts expect the company to post sales of $5.74 billion, with estimates ranging from $5.69 billion to $5.80 billion. Zacks Investment Research’s sales calculations are an average average based on a survey of sell-side research firms that cover Church & Dwight.
Church & Dwight (NYSE:CHD – Get Rating) last released its results on Friday, January 28. The company reported earnings per share (EPS) of $0.64 for the quarter, beating the Zacks consensus estimate of $0.58 by $0.06. The company posted revenue of $1.37 billion in the quarter, compared to analysts’ estimates of $1.35 billion. Church & Dwight had a return on equity of 22.72% and a net margin of 15.94%. The company’s quarterly revenue increased 5.7% year over year. In the same quarter last year, the company posted EPS of $0.53.
A number of stock analysts have recently released reports on CHD stocks. Oppenheimer raised its price target on Church & Dwight from $100.00 to $110.00 and gave the stock an “outperform” rating in a Monday, Dec. 20 research note. Atlantic Securities downgraded Church & Dwight from a “neutral” rating to an “underweight” rating and set a target price of $80.00 for the company. in a research note from Wednesday, March 2. Jefferies Financial Group raised its price target on Church & Dwight from $116.00 to $118.00 and gave the stock a “buy” rating in a Monday, January 31 research note. Credit Suisse Group downgraded Church & Dwight from an “outperform” rating to a “neutral” rating and set a price target of $105.00 for the company. in a research note from Wednesday, January 26. Finally, Morgan Stanley raised its price target on Church & Dwight from $80.00 to $86.00 and gave the company an “underweight” rating in a Tuesday, April 12 research note. Four equity research analysts have assigned the stock a sell rating, eight have issued 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 price target of $99.38.
In a similar vein, director Penry W. Price sold 16,718 shares of Church & Dwight in a trade dated Friday, February 11. The stock was sold at an average price of $98.39, for a total value of $1,644,884.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, accessible via this link. 1.70% of the shares are held by insiders.
Hedge funds have recently been buying and selling stocks. Baker Tilly Wealth Management LLC increased its holdings in Church & Dwight by 111.8% in Q3. Baker Tilly Wealth Management LLC now owns 14,033 shares of the company worth $1,159,000 after purchasing an additional 7,406 shares in the last quarter. Banque Cantonale Vaudoise increased its stake in Church & Dwight by 6.8% in the third quarter. Banque Cantonale Vaudoise now owns 22,000 shares of the company worth $1,816,000 after buying an additional 1,400 shares in the last quarter. Valmark Advisers Inc. increased its holdings in Church & Dwight by 4.3% in the fourth quarter. Valmark Advisers Inc. now owns 3,721 shares of the company worth $381,000 after purchasing an additional 152 shares in the last quarter. Astrantus Ltd acquired a new stake in Church & Dwight in Q4 worth approximately $369,000. Finally, Vestmark Advisory Solutions Inc. acquired a new stake in Church & Dwight in Q4 valued at approximately $283,000. Institutional investors hold 84.22% of the company’s shares.
Shares of CHD opened at $102.65 on Monday. The company has a market cap of $24.91 billion, a price-to-earnings ratio of 31.01, a growth price-to-earnings ratio of 4.02, and a beta of 0.43. The company has a debt ratio of 0.50, a current ratio of 0.59 and a quick ratio of 0.34. The company has a fifty-day moving average of $98.87 and a 200-day moving average of $95.78. Church & Dwight has a 1-year low of $80.76 and a 1-year high of $105.15.
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 1. Investors of record on Tuesday, February 15 received a dividend of $0.2625. This represents an annualized dividend of $1.05 and a dividend yield of 1.02%. The ex-dividend date was Monday, February 14. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.25. Church & Dwight’s payout ratio is currently 31.72%.
About Church & Dwight (Get a rating)
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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