Church & Dwight Co., Inc. (NYSE:CHD) Receives Consensus Rating of “Hold” from Analysts

Church & Dwight Co., Inc. (NYSE:CHD) has been given a consensus recommendation of “Hold” by the twenty brokerages that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $106.58.

Several research firms have weighed in on CHD. Argus raised their price target on Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, June 11th. JPMorgan Chase & Co. dropped their target price on shares of Church & Dwight from $101.00 to $97.00 and set an “underweight” rating for the company in a research report on Monday, August 5th. Truist Financial decreased their price target on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Evercore ISI dropped their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 5th. Finally, BNP Paribas assumed coverage on shares of Church & Dwight in a research report on Monday, June 24th. They issued a “neutral” rating and a $114.00 target price for the company.

Church & Dwight Stock Performance

Shares of CHD opened at $101.88 on Thursday. 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 stock has a market capitalization of $24.91 billion, a price-to-earnings ratio of 32.34, a price-to-earnings-growth ratio of 3.44 and a beta of 0.52. Church & Dwight has a 52-week low of $82.25 and a 52-week high of $110.31. The stock’s 50-day simple moving average is $102.13 and its 200 day simple moving average is $103.80.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, August 2nd. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. Church & Dwight’s revenue was up 3.9% compared to the same quarter last year. During the same period last year, the business earned $0.92 earnings per share. Research analysts forecast that Church & Dwight will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Thursday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Activity

In other Church & Dwight news, CFO Richard A. Dierker sold 86,740 shares of the stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $106.56, for a total value of $9,243,014.40. Following the completion of the sale, the chief financial officer now owns 7,634 shares in the company, valued at approximately $813,479.04. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, EVP Maynadier Patrick D. De sold 54,654 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the transaction, the executive vice president now owns 10,325 shares in the company, valued at $1,104,775. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Richard A. Dierker sold 86,740 shares of the business’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $106.56, for a total value of $9,243,014.40. Following the completion of the transaction, the chief financial officer now owns 7,634 shares of the company’s stock, valued at approximately $813,479.04. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 200,722 shares of company stock valued at $20,986,416. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Church & Dwight

Hedge funds have recently bought and sold shares of the business. Game Plan Financial Advisors LLC purchased a new position in shares of Church & Dwight during the first quarter valued at approximately $26,000. Crewe Advisors LLC purchased a new position in shares of Church & Dwight in the 1st quarter worth $28,000. Roble Belko & Company Inc bought a new stake in shares of Church & Dwight in the first quarter worth $31,000. Rothschild Investment LLC purchased a new stake in Church & Dwight during the second quarter valued at $31,000. Finally, Creekmur Asset Management LLC bought a new position in Church & Dwight in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

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.