Church & Dwight Co., Inc. (NYSE:CHD) Received Consensus Recommendation to “Hold” by Brokerages


Shares of Church & Dwight Co., Inc. (NYSE: CHDGet a rating) received an average recommendation of “Hold” by the seventeen research firms that currently cover the business, Marketbeat.com reports. Five investment analysts have assigned the stock a sell rating, eight have issued a hold rating and three have assigned the company a buy rating. The 12-month average price target among brokerages that have covered the stock over the past year is $97.79.

Several research firms have commented on CHD. 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 report. Deutsche Bank Aktiengesellschaft raised its price target on Church & Dwight from $97.00 to $100.00 and gave the company a “holding” rating in a Monday, January 31 report. Truist Financial raised its price target on Church & Dwight from $100.00 to $120.00 and gave the company a “buy” rating in a Monday, January 31 report. Goldman Sachs Group lowered its price target on Church & Dwight from $105.00 to $101.00 in a Tuesday, March 29 report. Finally, Argus downgraded Church & Dwight from a “buy” rating to a “hold” rating in a report on Thursday, February 3.

In other news, Director Bradley C. Irwin sold 7,000 shares of the company in a trade on Wednesday, May 11. The stock was sold at an average price of $97.86, for a total value of $685,020.00. Following the sale, the administrator now directly owns 41,636 shares of the company, valued at $4,074,498.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, accessible via this hyperlink. 1.70% of the shares are held by insiders.

Hedge funds and other institutional investors have recently increased or reduced their stakes in the stock. EverSource Wealth Advisors LLC bought a new position in Church & Dwight during the fourth quarter worth approximately $29,000. Evolution Advisers Inc. acquired a new stake in Church & Dwight during the fourth quarter valued at approximately $30,000. Riverview Trust Co acquired a new stake in Church & Dwight during the first quarter worth approximately $30,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in Church & Dwight during the fourth quarter worth approximately $35,000. Finally, US Asset Management LLC acquired a new stake in Church & Dwight during the first quarter worth approximately $36,000. Hedge funds and other institutional investors own 84.81% of the company’s shares.

CHD Action opened at $89.81 on Friday. The company has a 50-day moving average price of $98.46 and a 200-day moving average price of $98.11. The stock has a market capitalization of $21.80 billion, a price-earnings ratio of 27.55, a PEG 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 has a quick ratio of 0.33, a current ratio of 0.65 and a debt ratio of 0.47.

Church and Dwight (NYSE: CHDGet a rating) last released its 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 $1.29 billion expected by analysts. Church & Dwight had a return on equity of 22.29% and a net margin of 15.46%. The company’s revenue increased by 4.7% compared to the same quarter last year. In the same quarter a year earlier, the company earned $0.83 per share. As a group, sell-side analysts expect Church & Dwight to post 3.15 EPS for the current year.

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. The ex-dividend date is Friday, May 13. This represents an annualized dividend of $1.05 and a dividend yield of 1.17%. Church & Dwight’s dividend payout ratio is currently 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.

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Analyst Recommendations for Church & Dwight (NYSE:CHD)



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Jerry B. Hatch