Zacks: Brokers anticipate Church & Dwight Co., Inc. (NYSE:CHD) to post EPS of $0.77
Analysts expect Church & Dwight Co., Inc. (NYSE:CHD – Get Rating) to report earnings per share of $0.77 for the current fiscal quarter, Zacks reports. Eight analysts provided Church & Dwight earnings estimates, with estimates ranging from $0.75 to $0.85. Church & Dwight reported earnings of $0.83 per share in the same quarter last year, which would indicate a negative 7.2% year-over-year growth rate. The company is expected to release its next results on Monday, January 1.
On average, analysts expect Church & Dwight to report annual earnings of $3.20 per share for the current year, with EPS estimates ranging from $3.15 to $3.23. For the next fiscal year, analysts expect the company to post earnings of $3.46 per share, with EPS estimates ranging from $3.35 to $3.59. Zacks Investment Research’s earnings per share averages are an average average based on a survey of sell-side analysts who track Church & Dwight.
Church & Dwight (NYSE:CHD – Get Rating) last released quarterly earnings data on Friday, January 28. The company reported EPS of $0.64 for the quarter, beating the 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 net margin of 15.94% and a return on equity of 22.72%. Church & Dwight’s quarterly revenue increased 5.7% over the same quarter last year. In the same period a year earlier, the company earned earnings per share of $0.53.
Several analysts have recently weighed in on CHD shares. Deutsche Bank Aktiengesellschaft raised its price target on Church & Dwight from $97.00 to $100.00 and gave the stock a “holding” rating in a Monday, January 31 research report. 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. JPMorgan Chase & Co. reiterated a “sell” rating on Church & Dwight shares in a Tuesday, Nov. 30, research report. Credit Suisse Group downgraded Church & Dwight from an “outperform” rating to a “neutral” rating and set a target price of $105.00 for the company. in a research report on Wednesday, January 26. Finally, Argus downgraded Church & Dwight from a “buy” rating to a “hold” rating in a Thursday, February 3, research report. Four investment analysts have assigned the stock a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $97.36.
NYSE CHD traded down $0.73 on Friday, hitting $97.97. 673,587 shares were traded, against an average volume of 1,388,846. The company has a leverage ratio of 0.50, a quick ratio of 0.34 and a current ratio of 0.59. The stock has a fifty-day moving average price of $98.94 and a two-hundred-day moving average price of $93.71. The company has a market capitalization of $23.78 billion, a P/E ratio of 29.60, a P/E/G ratio of 3.80 and a beta of 0.43. Church & Dwight has a 52-week low of $80.76 and a 52-week high of $104.84.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 1. Shareholders of record on Tuesday, February 15 received a dividend of $0.2625 per share. The ex-dividend date was Monday, February 14. This is an increase from Church & Dwight’s previous quarterly dividend of $0.25. This represents a dividend of $1.05 on an annualized basis and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio (DPR) is currently 31.72%.
In related news, manager Penry W. Price sold 16,718 shares in a trade that took place on Friday, February 11. The shares were sold at an average price of $98.39, for a total transaction of $1,644,884.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, accessible via this hyperlink. 2.00% of the shares are currently held by insiders of the company.
A number of large investors have been buying and selling shares of CHD recently. Allspring Global Investments Holdings LLC bought a new position in shares of Church & Dwight in the fourth quarter worth $400,010,000. Norges Bank bought a new position in shares of Church & Dwight in the fourth quarter worth $203,912,000. Fundsmith LLP increased its holdings of Church & Dwight shares by 19.5% in the third quarter. Fundsmith LLP now owns 11,022,496 shares of the company worth $910,127,000 after purchasing an additional 1,798,374 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings of Church & Dwight stock 35.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,087,707 shares of the company worth $623,990,000 after purchasing an additional 1,596,506 shares in the last quarter. Finally, BlackRock Inc. increased its holdings of Church & Dwight shares by 2.8% in the fourth quarter. BlackRock Inc. now owns 19,102,645 shares of the company worth $1,958,022,000 after purchasing an additional 514,589 shares in the last quarter. 84.22% of the shares are held by institutional investors.
Church & Dwight Corporate Profile (Get a rating)
Church & Dwight Co, Inc is engaged in the development, manufacture and marketing of household, personal care and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, dryer sheets, cat litter and household cleaning products, as well as personal care products, including antiperspirants, personal care products oral products, depilatories, reproductive health products, oral pain relievers, nasal saline moisturizers and dietary supplements.
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