Church & Dwight Co., Inc. (NYSE:CHD) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Church & Dwight Co., Inc. (NYSE:CHD) have been assigned an average rating of “Hold” from the twenty-one ratings firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $107.25.

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $101.00 to $97.00 and set an “underweight” rating on the stock in a report on Monday, August 5th. Piper Sandler started coverage on Church & Dwight in a report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target for the company. Wells Fargo & Company decreased their price objective on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Morgan Stanley lowered Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a research note on Monday, September 9th. Finally, Evercore ISI decreased their price target on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 5th.

Insider Buying and Selling

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the sale, the executive vice president now owns 4,319 shares in the company, valued at approximately $429,179.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CHD. Game Plan Financial Advisors LLC acquired a new position in shares of Church & Dwight during the first quarter valued at $26,000. Crewe Advisors LLC acquired a new stake in shares of Church & Dwight during the 1st quarter worth approximately $28,000. Roble Belko & Company Inc bought a new stake in shares of Church & Dwight during the first quarter worth approximately $31,000. Rothschild Investment LLC acquired a new position in Church & Dwight in the second quarter valued at approximately $31,000. Finally, Creekmur Asset Management LLC bought a new position in Church & Dwight in the fourth quarter valued at approximately $32,000. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $104.39 on Monday. The company has a market cap of $25.56 billion, a price-to-earnings ratio of 33.14, a PEG ratio of 3.86 and a beta of 0.54. The business has a 50 day moving average price of $102.10 and a 200 day moving average price of $104.20. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51. Church & Dwight has a twelve month low of $82.25 and a twelve month high of $110.31.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.09. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the prior year, the business earned $0.92 earnings per share. Church & Dwight’s revenue for the quarter was up 3.9% compared to the same quarter last year. Research analysts predict that Church & Dwight will post 3.43 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were paid a $0.2838 dividend. The ex-dividend date was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.09%. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

About Church & Dwight

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based 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; toothbrushes under the SPINBRUSH brand; 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; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.