Barclays Issues Pessimistic Forecast for Church & Dwight (NYSE:CHD) Stock Price

Church & Dwight (NYSE:CHD) had its price objective cut by investment analysts at Barclays from $86.00 to $85.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has an “underweight” rating on the stock. Barclays‘s target price suggests a potential downside of 17.64% from the company’s current price.

A number of other equities research analysts also recently issued reports on the company. Piper Sandler initiated coverage on Church & Dwight in a research report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price objective on the stock. JPMorgan Chase & Co. upped their target price on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research note on Monday. Morgan Stanley downgraded 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. Truist Financial lowered their target price on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. Finally, Stifel Nicolaus decreased their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $108.05.

Church & Dwight Stock Performance

Shares of CHD stock opened at $103.21 on Tuesday. The firm’s 50 day moving average is $103.01 and its 200 day moving average is $104.02. The stock has a market capitalization of $25.29 billion, a P/E ratio of 46.28, a PEG ratio of 3.78 and a beta of 0.55. Church & Dwight has a 12 month low of $86.41 and a 12 month high of $110.31. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the prior year, the firm posted $0.74 EPS. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. On average, sell-side analysts anticipate that Church & Dwight will post 3.45 earnings per share for the current year.

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 completion of the transaction, the director now owns 7,129 shares of the company’s stock, valued at $740,275.36. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Arthur B. Winkleblack sold 11,590 shares of the business’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the transaction, the director now owns 7,129 shares in the company, valued at $740,275.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is owned by insiders.

Institutional Trading of Church & Dwight

Several large investors have recently bought and sold shares of CHD. CANADA LIFE ASSURANCE Co lifted its holdings in shares of Church & Dwight by 13.1% during the first quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company’s stock valued at $35,755,000 after purchasing an additional 39,695 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Church & Dwight by 12.8% in the first quarter. Russell Investments Group Ltd. now owns 208,997 shares of the company’s stock worth $21,798,000 after acquiring an additional 23,754 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Church & Dwight by 74.6% in the second quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company’s stock worth $7,032,000 after acquiring an additional 28,986 shares during the last quarter. Mizuho Markets Americas LLC increased its holdings in shares of Church & Dwight by 117.1% during the first quarter. Mizuho Markets Americas LLC now owns 107,206 shares of the company’s stock valued at $11,183,000 after acquiring an additional 57,817 shares in the last quarter. Finally, Tidal Investments LLC raised its position in shares of Church & Dwight by 160.1% in the 1st quarter. Tidal Investments LLC now owns 23,530 shares of the company’s stock worth $2,454,000 after purchasing an additional 14,483 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Church & Dwight Company Profile

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.