Church & Dwight (NYSE:CHD) Updates Q4 2024 Earnings Guidance

Church & Dwight (NYSE:CHD) updated its fourth quarter 2024 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.760-0.760 for the period, compared to the consensus estimate of 0.860. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. Church & Dwight also updated its FY 2024 guidance to 3.420-3.420 EPS.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CHD shares. JPMorgan Chase & Co. increased their price target on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Monday. Piper Sandler began coverage on Church & Dwight in a research report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price target for the company. Evercore ISI reduced their price target on 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. Truist Financial reduced their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Finally, Morgan Stanley cut Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target for the company. in a research report on Monday, September 9th. 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 company. According to MarketBeat, Church & Dwight has a consensus rating of “Hold” and a consensus price target of $108.10.

Church & Dwight Price Performance

Shares of CHD traded down $1.79 during mid-day trading on Monday, reaching $102.96. The company had a trading volume of 1,331,517 shares, compared to its average volume of 1,372,329. The company’s 50 day simple moving average is $102.89 and its 200 day simple moving average is $104.03. Church & Dwight has a 1-year low of $86.23 and a 1-year high of $110.31. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The company has a market capitalization of $25.21 billion, a price-to-earnings ratio of 46.09, a P/E/G ratio of 3.69 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the company posted $0.74 EPS. Analysts expect that Church & Dwight will post 3.43 EPS for the current year.

Church & Dwight Dividend Announcement

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

About Church & Dwight

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.