Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Church & Dwight (NYSE:CHD) Stock

Church & Dwight (NYSE:CHD) had its price target hoisted by analysts at Deutsche Bank Aktiengesellschaft from $114.00 to $115.00 in a report issued on Monday, Benzinga reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 11.80% from the stock’s previous close.

Several other analysts also recently commented on the company. TD Cowen assumed coverage on Church & Dwight in a research note on Tuesday, July 23rd. They set a “buy” rating and a $116.00 price objective for the company. JPMorgan Chase & Co. upped their price target on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Monday. Evercore ISI lowered their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 5th. Stifel Nicolaus lowered their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th. Finally, 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 on the stock. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $108.10.

Church & Dwight Trading Down 1.8 %

CHD stock traded down $1.89 during midday trading on Monday, hitting $102.86. 832,523 shares of the company’s stock were exchanged, compared to its average volume of 1,369,986. The business has a 50-day simple moving average of $102.89 and a two-hundred day simple moving average of $104.03. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $25.18 billion, a PE ratio of 31.70, a P/E/G ratio of 3.69 and a beta of 0.55. Church & Dwight has a 1-year low of $86.23 and a 1-year high of $110.31.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.50 billion. During the same period last year, the firm earned $0.74 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, sell-side analysts predict that Church & Dwight will post 3.43 EPS for the current fiscal year.

Institutional Trading of Church & Dwight

Several large investors have recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new position in shares of Church & Dwight in the third quarter worth $27,000. Crewe Advisors LLC acquired a new position in shares of Church & Dwight in the first quarter worth $28,000. Rothschild Investment LLC bought a new stake in Church & Dwight in the second quarter worth $31,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Church & Dwight in the second quarter worth $33,000. Finally, Strategic Financial Concepts LLC bought a new stake in Church & Dwight in the second quarter worth $38,000. 86.60% of the stock is owned by institutional investors and hedge funds.

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.