Brokerages Set Church & Dwight Co., Inc. (CHD) Price Target at $54.00
Shares of Church & Dwight Co., Inc. (NYSE:CHD) have received a consensus rating of “Hold” from the eighteen analysts that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $54.00.
CHD has been the subject of several recent research reports. Bank of America raised their price target on Church & Dwight from $51.00 to $55.00 and gave the stock an “underperform” rating in a research report on Monday, July 16th. Stifel Nicolaus lifted their price objective on Church & Dwight from $48.00 to $52.00 and gave the company a “hold” rating in a research report on Friday, August 3rd. Zacks Investment Research raised Church & Dwight from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research report on Monday, May 21st. Oppenheimer lifted their price objective on Church & Dwight from $54.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday, July 19th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Church & Dwight in a research report on Sunday, June 10th.
In related news, Director Arthur B. Winkleblack sold 8,058 shares of Church & Dwight stock in a transaction on Friday, August 10th. The stock was sold at an average price of $55.94, for a total value of $450,764.52. Following the transaction, the director now owns 75,187 shares in the company, valued at $4,205,960.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert K. Shearer sold 16,718 shares of Church & Dwight stock in a transaction on Monday, August 20th. The shares were sold at an average price of $57.82, for a total value of $966,634.76. Following the completion of the transaction, the director now owns 45,826 shares in the company, valued at approximately $2,649,659.32. The disclosure for this sale can be found here. In the last ninety days, insiders sold 510,691 shares of company stock valued at $28,946,904. Company insiders own 2.00% of the company’s stock.
Church & Dwight stock opened at $59.80 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 0.81. The firm has a market cap of $14.61 billion, a price-to-earnings ratio of 27.96, a P/E/G ratio of 2.61 and a beta of 0.38. Church & Dwight has a fifty-two week low of $43.21 and a fifty-two week high of $60.00.
Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, August 2nd. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. Church & Dwight had a return on equity of 25.21% and a net margin of 20.29%. Church & Dwight’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 earnings per share. research analysts anticipate that Church & Dwight will post 2.28 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 4th. Stockholders of record on Wednesday, August 15th were given a $0.2175 dividend. This represents a $0.87 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend was Tuesday, August 14th. Church & Dwight’s dividend payout ratio is currently 44.85%.
About Church & Dwight
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing 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 analgesic products 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; and water flossers and replacement showerheads under the WATERPIK brand.
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