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

Church & Dwight Co., Inc. (NYSE:CHD) has received a consensus rating of “Hold” from the twenty analysts that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $106.58.

CHD has been the subject of several analyst reports. Wells Fargo & Company dropped their target price on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. BNP Paribas started coverage on shares of Church & Dwight in a report on Monday, June 24th. They set a “neutral” rating and a $114.00 price objective on the stock. Stifel Nicolaus lowered their target price on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Argus increased their price target on shares of Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, June 11th. Finally, Barclays boosted their price objective on shares of Church & Dwight from $80.00 to $82.00 and gave the company an “underweight” rating in a research note on Tuesday, August 6th.

Church & Dwight Stock Up 1.8 %

CHD opened at $103.40 on Monday. The firm has a market cap of $25.28 billion, a P/E ratio of 32.83, a PEG ratio of 3.55 and a beta of 0.54. The business’s fifty day simple moving average is $102.00 and its 200 day simple moving average is $104.24. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $110.31. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, August 2nd. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.09. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 earnings per share. As a group, equities research analysts anticipate that Church & Dwight will post 3.43 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were given a dividend of $0.2838 per share. The ex-dividend date was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. Church & Dwight’s payout ratio is currently 35.87%.

Insider Activity

In other news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the completion of the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $429,179.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Church & Dwight

Institutional investors and hedge funds have recently made changes to their positions in the business. Game Plan Financial Advisors LLC acquired a new stake in shares of Church & Dwight in the 1st quarter valued at about $26,000. Crewe Advisors LLC bought a new position in Church & Dwight during the 1st quarter worth approximately $28,000. Roble Belko & Company Inc bought a new position in Church & Dwight during the 1st quarter worth approximately $31,000. Rothschild Investment LLC acquired a new position in shares of Church & Dwight in the 2nd quarter worth approximately $31,000. Finally, Creekmur Asset Management LLC bought a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $32,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

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.