Church & Dwight Co., Inc. (NYSE:CHD) is expected to post earnings of $0.71 per share

Wall Street analysts expect Church & Dwight Co., Inc. (NYSE:CHD – Get a rating) will post earnings per share of $0.71 for the current fiscal quarter, according to Zacks Investment Research. Nine analysts provided Church & Dwight earnings estimates, with the highest EPS estimate of $0.73 and the lowest estimate of $0.70. Church & Dwight posted earnings per share of $0.76 in the same quarter last year, indicating a negative growth rate of 6.6% year over year. The company is expected to release its next results on Monday, January 1.

On average, analysts expect Church & Dwight to report annual earnings of $3.16 per share for the current year, with EPS estimates ranging from $3.14 to $3.18. For the next fiscal year, analysts expect the company to post earnings of $3.41 per share, with EPS estimates ranging from $3.25 to $3.51. Zacks earnings per share averages are an average based on a survey of sell-side research firms that cover Church & Dwight.

Church & Dwight (NYSE: CHD – Get a rating) last released its quarterly results on Thursday, April 28. The company reported earnings per share of $0.83 for the quarter, beating the consensus estimate of $0.76 by $0.07. The company posted revenue of $1.30 billion in the quarter, versus a consensus estimate of $1.29 billion. Church & Dwight had a return on equity of 22.29% and a net margin of 15.46%. Church & Dwight revenue grew 4.7% year over year. During the same period a year earlier, the company posted EPS of $0.83.

A number of analysts have recently commented on CHD’s shares. Truist Financial raised its price target on Church & Dwight from $100.00 to $120.00 and gave the stock a “buy” rating in a Monday, January 31 report. Atlantic Securities downgraded Church & Dwight from a “neutral” rating to an “underweight” rating and set a price target of $80.00 for the company. in a report from Wednesday, March 2. Morgan Stanley raised its price target on Church & Dwight from $80.00 to $86.00 and gave the stock an “underweight” rating in a Tuesday, April 12 report. Argus downgraded Church & Dwight from a “buy” rating to a “hold” rating in a report on Thursday, February 3. To finish, StockNews.com began covering Church & Dwight in a report on Thursday, March 31. They set a “hold” rating for the company. Five analysts rated the stock with a sell rating, eight gave a hold rating and three gave the company’s stock a buy rating. According to data from MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $97.79.

In other news, Director Bradley C. Irwin sold 7,000 shares in a trade dated Wednesday, May 11. The shares were sold at an average price of $97.86, for a total transaction of $685,020.00. Following the transaction, the director now owns 41,636 shares of the company, valued at $4,074,498.96. The sale was disclosed in a filing with the Securities & Exchange Commission, accessible via the SEC website. Insiders of the company own 1.70% of the shares of the company.

A number of institutional investors and hedge funds have recently increased or reduced their stakes in the stock. First National Bank of Omaha increased its stake in Church & Dwight by 42.1% during the first quarter. First National Bank of Omaha now owns 83,434 shares of the company worth $8,292,000 after acquiring an additional 24,731 shares during the period. M Holdings Securities Inc. acquired a new equity stake in Church & Dwight in the first quarter valued at approximately $240,000. Advisory Services Network LLC increased its stake in shares of Church & Dwight by 19.6% in the first quarter. Advisory Services Network LLC now owns 19,018 shares of the company valued at $1,891,000 after purchasing an additional 3,114 shares during the period. Toroso Investments LLC increased its stake in shares of Church & Dwight by 12.4% in the first quarter. Toroso Investments LLC now owns 5,187 shares of the company valued at $515,000 after purchasing an additional 572 shares during the period. Finally, Gabelli Funds LLC increased its stake in shares of Church & Dwight by 2.5% in the first quarter. Gabelli Funds LLC now owns 167,000 shares of the company valued at $16,596,000 after purchasing an additional 4,000 shares during the period. Hedge funds and other institutional investors own 84.81% of the company’s shares.

Shares of CHD opened at $90.33 on Friday. The stock has a fifty-day moving average of $98.32 and a two-hundred-day moving average of $98.12. The company has a debt ratio of 0.47, a quick ratio of 0.33 and a current ratio of 0.65. The company has a market capitalization of $21.93 billion, a PE ratio of 27.71, a growth price-earnings ratio of 3.50 and a beta of 0.42. Church & Dwight has a fifty-two week low of $80.76 and a fifty-two week high of $105.28.

The company also recently declared 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 per share. The ex-dividend date is Friday, May 13. This represents an annualized dividend of $1.05 and a dividend yield of 1.16%. Church & Dwight’s payout ratio is 32.21%.

Church & Dwight Corporate Profile (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.

Featured articles

Get a Free Copy of Zacks’ Research Report on Church & Dwight (CHD)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

Earnings history and estimates for Church & Dwight (NYSE:CHD)

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Church & Dwight right now?

Before you consider Church & Dwight, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Church & Dwight didn’t make the list.

While Church & Dwight currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Jerry B. Hatch