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Church & Dwight Co., Inc. (NYSE: CHD – Get Rating) has received a consensus recommendation of “Hold” from the seventeen analysts that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $91.00.
Several equities research analysts recently commented on the company. Wells Fargo & Company cut their price target on Church & Dwight from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, September 7th. Bank of America began coverage on Church & Dwight in a report on Wednesday, September 14th. They issued an “underperform” rating for the company. Deutsche Bank Aktiengesellschaft cut their target price on Church & Dwight from $93.00 to $90.00 in a research note on Wednesday, September 7th. Jefferies Financial Group cut their target price on Church & Dwight from $101.00 to $98.00 and set a “buy” rating for the company in a research note on Wednesday, September 14th. Finally, UBS Group cut their target price on Church & Dwight from $104.00 to $98.00 and set a “neutral” rating for the company in a research note on Monday, August 1st.
Church & Dwight Price Performance
NYSE: CHD opened at $74.01 on Thursday. Church & Dwight has a one year low of $72.86 and a one year high of $105.28. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 1.01. The stock has a market cap of $17.98 billion, a PE ratio of 23.50, a P/E/G ratio of 3.76 and a beta of 0.35. The stock has a 50 day moving average price of $84.56 and a 200 day moving average price of $91.36.
Church & Dwight (NYSE:CHD – Get Rating) last posted its quarterly earnings results on Friday, July 29th. The company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.71 by $0.05. Church & Dwight had a return on equity of 21.89% and a net margin of 14.71%. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter last year, the firm earned $0.76 earnings per share. The business’s revenue for the Quarter was up 4.2% on a year-over-year basis. Equities research analysts expect that Church & Dwight will post 2.97 EPS for the current fiscal year.
Church & Dwight Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, September 1st. Stockholders of record on Monday, August 15th were given a dividend of $0.2625 per share. The ex-dividend date was Friday, August 12th. This represents a $1.05 annualized dividend and a dividend yield of 1.42%. Church & Dwight’s dividend payout ratio is currently 33.33%.
Insider Transactions at Church & Dwight
In related news, EVP Rene Hemsey sold 5,000 shares of Church & Dwight stock in a transaction on Friday, September 16th. The stock was sold at an average price of $76.77, for a total value of $383,850.00. Following the completion of the transaction, the executive vice president now directly owns 6,259 shares in the company, valued at $480,503.43. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.70% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of CHD. Riverview Trust Co purchased a new position in Church & Dwight in the first quarter valued at $30,000. SeaCrest Wealth Management LLC purchased a new position in Church & Dwight in the second quarter valued at $30,000. US Asset Management LLC purchased a new position in Church & Dwight in the first quarter valued at $36,000. Zions Bancorporation NA boosted its holdings in Church & Dwight by 50.8% in the second quarter. Zions Bancorporation NA now owns 389 shares of the company’s stock valued at $36,000 after purchasing an additional 131 shares during the period. Finally, Heritage Wealth Advisors lifted its holdings in Church & Dwight by 171.2% during the 2nd quarter. Heritage Wealth Advisors now owns 396 shares of the company’s stock worth $37,000 after buying an additional 250 shares during the last quarter. 82.59% of the stock is currently owned by hedge funds and other institutiona l investors.
Church & Dwight Company Profile
(Get Rating)
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates through 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; battery-operated and manual 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 replacement showerheads under the WATERPIK brand; FLAWLESS produc ts; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand.
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