Church & Dwight (CHD) Projected to Post Earnings on Friday

Church & Dwight (NYSE:CHD) is expected to issue its quarterly earnings data before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $0.77 per share and revenue of $1.57 billion for the quarter.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company earned $0.74 earnings per share. On average, analysts expect Church & Dwight to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $106.79 on Thursday. Church & Dwight has a one year low of $96.09 and a one year high of $113.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The firm has a market capitalization of $26.16 billion, a price-to-earnings ratio of 47.89, a PEG ratio of 3.29 and a beta of 0.58. The company’s fifty day moving average price is $106.63 and its 200-day moving average price is $104.14.

Analysts Set New Price Targets

Several analysts have issued reports on CHD shares. Barclays upped their price target on shares of Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research report on Friday, January 17th. Stifel Nicolaus lowered their target price on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research note on Friday, January 17th. JPMorgan Chase & Co. raised their price target on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research report on Thursday, January 16th. Piper Sandler raised their target price on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Finally, 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, November 4th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Church & Dwight has an average rating of “Hold” and an average price target of $110.61.

Insider Buying and Selling

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the sale, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the transaction, the chief accounting officer now owns 400 shares of the company’s stock, valued at approximately $44,976. This trade represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 593,035 shares of company stock worth $62,282,808. Insiders own 2.00% of the company’s stock.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.