Church & Dwight (NYSE:CHD) Price target cut to $95.00 by Wells Fargo & Company analysts
Church & Dwight (NYSE: CHD – Get a rating) saw its target price drop by Wells Fargo and company from $100.00 to $95.00 in a research report released on Monday, Fly reports. Wells Fargo and companyThe stock’s price target suggests a potential upside of 7.25% from the stock’s previous close.
Several other research analysts have also recently commented on coronary heart disease. Deutsche Bank Aktiengesellschaft lowered its target price on Church & Dwight from $99.00 to $93.00 in a research note on Monday. Truist Financial cut its price target on Church & Dwight from $120.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday. Barclays lowered its price target on Church & Dwight from $81.00 to $77.00 and set an “underweight” rating on the stock in a Monday May 23 research report. JPMorgan Chase & Co. raised its price target on Church & Dwight from $84.00 to $86.00 in a Thursday, July 21 research report. Finally, Morgan Stanley lowered its price target on Church & Dwight from $86.00 to $82.00 and set an “underweight” rating on the stock in a research report on Monday. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned the stock a buy rating. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $95.69.
Church & Dwight Stock up 0.7%
Church & Dwight stock traded down $0.61 at midday Monday, hitting $88.58. 78,199 shares were traded, against an average volume of 1,556,083. The company has a 50-day moving average price of $90.64 and a two-hundred-day moving average price of $96.24. The company has a market capitalization of $21.50 billion, a P/E ratio of 28.12, a P/E/G ratio of 3.64 and a beta of 0.34. Church & Dwight has a 1-year low of $80.34 and a 1-year high of $105.28. The company has a debt ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.63.
Church & Dwight (NYSE: CHD – Get a rating) last reported quarterly earnings data on Friday, July 29. The company reported EPS of $0.76 for the quarter, beating consensus analyst estimates of $0.72 by $0.04. The company posted revenue of $1.33 billion for 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 4.2% year over year. During the same period a year earlier, the company posted earnings per share of $0.76. On average, sell-side analysts expect Church & Dwight to post earnings per share of 3.02 for the current fiscal year.
Insider activity at Church & Dwight
In other Church & Dwight News, Director Bradley C. Irwin sold 7,000 shares of the company in a transaction that took place on Wednesday, May 11. The stock was sold at an average price of $97.86, for a total transaction 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 an SEC filing, available at the SEC website. 1.70% of the shares are held by insiders.
Institutional investors weigh in on Church & Dwight
Several hedge funds and other institutional investors have recently changed their CHD holdings. National Asset Management Inc. increased its stake in shares of Church & Dwight by 3.2% during the fourth quarter. National Asset Management Inc. now owns 4,145 shares of the company worth $426,000 after buying 129 additional shares in the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in shares of Church & Dwight in Q4 worth $283,000. Yousif Capital Management LLC acquired a new stake in Church & Dwight during the 4th quarter at a value of $4,504,000. Dupont Capital Management Corp bought a new stake in shares of Church & Dwight in Q4 for a value of approximately $96,000. Finally, CWM LLC acquired a new position in shares of Church & Dwight in Q4 valued at approximately $76,000. 84.81% of the shares are currently held by hedge funds and other institutional investors.
About Church & Dwight
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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