Zacks: Brokers expect Church & Dwight Co., Inc. (NYSE:CHD) to post $0.77 EPS
Analysts expect Church & Dwight Co., Inc. (NYSE:CHD – Get a rating) to post earnings of $0.77 per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have released Church & Dwight earnings estimates, with estimates ranging from $0.75 to $0.85. Church & Dwight posted earnings per share of $0.83 in the same quarter last year, indicating a negative 7.2% year-over-year growth rate. The company is expected to announce its next quarterly earnings report on Thursday, May 5.
According to Zacks, analysts expect Church & Dwight to report annual earnings of $3.20 per share for the current fiscal 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 calculations are an average average based on a survey of research analysts who cover Church & Dwight.
Church & Dwight (NYSE: CHD – Get a rating) last released its quarterly earnings data on Friday, January 28. The company reported earnings per share (EPS) of $0.64 for the quarter, beating analyst consensus estimates of $0.60 by $0.04. Church & Dwight had a return on equity of 22.72% and a net margin of 15.94%. The company posted revenue of $1.37 billion in the quarter, compared to analysts’ expectations of $1.35 billion. In the same quarter a year earlier, the company posted earnings per share of $0.53. The company’s revenue increased 5.7% year over year.
Several brokerages have recently published reports on CHD. JPMorgan Chase & Co. reiterated a “sell” rating on Church & Dwight stock in a Tuesday, Nov. 30, research note. Jefferies Financial Group raised its price target on Church & Dwight from $116.00 to $118.00 and gave the company a “buy” rating in a Monday, Jan. 31 research note. Stifel Nicolaus raised his price target on Church & Dwight from $92.00 to $99.00 and gave the stock a “holding” rating in a Monday, January 31 research note. Wells Fargo & Company raised its price target on Church & Dwight from $89.00 to $94.00 and gave the stock an “equal weight” rating in a Tuesday, Nov. 30 research note. Finally, Argus upgraded Church & Dwight from a “buy” rating to a “hold” rating in a Thursday, February 3, research note. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned the company a buy rating. Based on data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus price target of $97.36.
In related news, the director James Craigie sold 245,377 shares in a trade on Monday, December 6. The stock was sold at an average price of $93.38, for a total value of $22,913,304.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via this hyperlink. Also, CMO Barry A. Bruno sold 4,400 shares in a trade on Monday, December 13. The shares were sold at an average price of $97.20, for a total value of $427,680.00. Disclosure of this sale can be found here. Insiders sold 809,701 shares of the company valued at $76,665,302 during the last quarter. Insiders of the company own 2.00% of the shares of the company.
Hedge funds and other institutional investors have recently been buying and selling stocks. EverSource Wealth Advisors LLC acquired a new stake in Church & Dwight in the fourth quarter valued at $29,000. Evolution Advisers Inc. acquired a new stake in Church & Dwight in the fourth quarter valued at $30,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in Church & Dwight in the fourth quarter valued at $35,000. US Asset Management LLC acquired a new stake in Church & Dwight in the third quarter worth $30,000. Finally, Shore Point Advisors LLC acquired a new stake in Church & Dwight in the fourth quarter valued at $47,000. Institutional investors and hedge funds hold 84.22% of the company’s shares.
NYSE:CHD shares opened at $100.69 on Friday. Church & Dwight has a 12-month low of $77.62 and a 12-month high of $104.84. The stock has a market capitalization of $24.44 billion, a PE ratio of 30.42, a P/E/G ratio of 3.93 and a beta of 0.43. The company has a 50-day moving average of $100.54 and a 200-day moving average of $92.29. The company has a quick ratio of 0.34, a current ratio of 0.59 and a debt ratio of 0.50.
The company also recently declared 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 an annualized dividend of $1.05 and a dividend yield of 1.04%. Church & Dwight’s dividend payout ratio is 31.72%.
About Church & Dwight (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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