JPMorgan Chase & Co. Boosts Church & Dwight (NYSE:CHD) Price Target to $99.00

Church & Dwight (NYSE:CHD) had its price objective upped by JPMorgan Chase & Co. from $98.00 to $99.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential downside of 5.96% from the stock’s current price.

A number of other brokerages have also issued reports on CHD. Truist Financial dropped their target price on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Piper Sandler started coverage on Church & Dwight in a research report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 target price on the stock. Evercore ISI decreased their price target on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. Wells Fargo & Company upped their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday. Finally, Stifel Nicolaus lowered 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. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus price target of $107.90.

Church & Dwight Trading Up 0.5 %

Shares of CHD stock opened at $105.27 on Monday. The stock has a market cap of $25.77 billion, a price-to-earnings ratio of 32.39, a price-to-earnings-growth ratio of 3.69 and a beta of 0.55. Church & Dwight has a fifty-two week low of $86.23 and a fifty-two week high of $110.31. The firm’s 50 day moving average price is $102.89 and its two-hundred day moving average price is $104.03. 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 (NYSE:CHD) last posted its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.74 earnings per share. On average, analysts anticipate that Church & Dwight will post 3.43 EPS for the current year.

Institutional Investors Weigh In On Church & Dwight

A number of hedge funds and other institutional investors have recently made changes to their positions in CHD. Capital Performance Advisors LLP acquired a new stake in Church & Dwight in the third quarter valued at approximately $27,000. Crewe Advisors LLC acquired a new position in Church & Dwight during the first quarter worth $28,000. Rothschild Investment LLC bought a new position in Church & Dwight during the second quarter valued at about $31,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight during the 2nd quarter worth about $33,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight during the 2nd quarter valued at about $38,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

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.