Church & Dwight Co., Inc. (NYSE:CHD) Receives Consensus Rating of “Hold” from Analysts
Church & Dwight Co., Inc. (NYSE: CHD – Get a rating) was awarded an average rating of “Hold” by the eighteen research firms that cover the company, Marketbeat.com reports. Four research analysts rated the stock with a sell recommendation, ten gave the company a hold recommendation and three gave the company a buy recommendation. The 12-month average price target among brokers who have covered the stock over the past year is $86.23.
CHD has been the subject of a number of research reports. JPMorgan Chase & Co. cut its price target on Church & Dwight shares from $80.00 to $72.00 and set an “underweight” rating for the company in a Thursday, Oct. 13 research note . Jefferies Financial Group cut its price target on Church & Dwight shares from $101.00 to $98.00 and set a “buy” rating for the company in a Wednesday, September 14 research note. Truist Financial upgraded Church & Dwight shares from a “buy” rating to a “hold” rating in a Thursday, September 8 research note. Bank of America launched coverage on Church & Dwight shares in a Wednesday, September 14 research note. They set an “underperforming” rating for the company. Finally, Barclays cut its price target on Church & Dwight shares from $76.00 to $73.00 and set an “underweight” rating for the company in a Wednesday, September 7 research note.
In other news, EVP Rene Hemsey sold 5,000 shares in a trade that took place on Friday, September 16. The shares were sold at an average price of $76.77, for a total value of $383,850.00. Following the completion of the sale, the executive vice president now owns 6,259 shares of the company, valued at approximately $480,503.43. The transaction was disclosed in a document filed with the SEC, accessible via this link. Company insiders own 1.70% of the company’s shares.
Church & Dwight Institutional Trading
Hedge funds have recently changed their positions in the business. Taylor Hoffman Wealth Management increased its holdings of Church & Dwight stock by 0.3% in the first quarter. Taylor Hoffman Wealth Management now owns 34,699 shares of the company worth $3,448,000 after buying 111 more shares last quarter. Veritable LP increased its holdings of Church & Dwight shares by 1.5% in the first quarter. Veritable LP now owns 7,484 shares of the company worth $744,000 after buying 112 more shares last quarter. Gateway Investment Advisers LLC increased its holdings in Church & Dwight by 0.8% in the second quarter. Gateway Investment Advisers LLC now owns 14,039 shares of the company valued at $1,301,000 after purchasing 113 additional shares during the period. GPS Wealth Strategies Group LLC increased its holdings in Church & Dwight by 4.0% in the first quarter. GPS Wealth Strategies Group LLC now owns 3,096 shares of the company valued at $308,000 after purchasing an additional 120 shares during the period. Finally, CENTRAL TRUST Co increased its stake in Church & Dwight by 0.7% in the first quarter. CENTRAL TRUST Co now owns 16,737 shares of the company valued at $1,664,000 after purchasing an additional 120 shares during the period. Hedge funds and other institutional investors own 82.59% of the company’s shares.
Church & Dwight trade up 0.5%
Shares of Church & Dwight Stocks opened at $72.57 on Monday. The company has a 50-day simple moving average of $78.62 and a two-hundred-day simple moving average of $88.13. The company has a market capitalization of $17.63 billion, a P/E ratio of 23.04, a price-to-earnings growth ratio of 3.61 and a beta of 0.43. Church & Dwight has a fifty-two week low of $70.16 and a fifty-two week high of $105.28. The company has a debt ratio of 0.59, a quick ratio of 0.63 and a current ratio of 1.01.
Church and Dwight (NYSE: CHD – Get a rating) last released its quarterly earnings data on Friday, July 29. The company reported earnings per share of $0.76 for the quarter, beating analyst consensus estimates of $0.71 by $0.05. The company posted revenue of $1.33 billion in the quarter, versus a consensus estimate of $1.34 billion. Church & Dwight had a net margin of 14.71% and a return on equity of 21.89%. The company’s revenue increased by 4.2% compared to the same quarter last year. In the same quarter a year earlier, the company posted earnings per share of $0.76. As a group, stock analysts predict Church & Dwight will post earnings per share of 2.97 for the current fiscal year.
Church & Dwight announces dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, September 1. Shareholders of record on Monday August 15 received a dividend of $0.2625. The ex-dividend date was Friday, August 12. This represents an annualized dividend of $1.05 and a dividend yield of 1.45%. Church & Dwight’s dividend payout ratio (DPR) is 33.33%.
Church & Dwight Corporate Profile
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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