Church & Dwight (NYSE:CHD) Releases FY 2024 Earnings Guidance

Church & Dwight (NYSE:CHD) updated its FY 2024 earnings guidance on Friday. The company provided earnings per share guidance of 3.420-3.420 for the period, compared to the consensus earnings per share estimate of 3.430. The company issued revenue guidance of $6.1 billion-$6.1 billion, compared to the consensus revenue estimate of $6.1 billion. Church & Dwight also updated its Q4 guidance to $0.76 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. TD Cowen increased their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday. Wells Fargo & Company increased their target price on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday. Stifel Nicolaus cut their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday. Finally, JPMorgan Chase & Co. increased their price objective on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Monday. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $108.10.

Church & Dwight Trading Down 1.7 %

Shares of CHD stock traded down $1.79 on Monday, reaching $102.96. 1,331,517 shares of the stock were exchanged, compared to its average volume of 1,372,329. The stock has a market cap of $25.21 billion, a P/E ratio of 46.09, a price-to-earnings-growth ratio of 3.69 and a beta of 0.55. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51. The firm has a 50 day moving average of $102.89 and a two-hundred day moving average of $104.03. Church & Dwight has a 1-year low of $86.23 and a 1-year high of $110.31.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm posted $0.74 EPS. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, research analysts anticipate that Church & Dwight will post 3.43 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.10%. Church & Dwight’s payout ratio is 50.67%.

Church & Dwight Company Profile

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.