Royal Bank of Canada Reiterates Sector Perform Rating for Church & Dwight (NYSE:CHD)

Church & Dwight (NYSE:CHD)‘s stock had its “sector perform” rating restated by stock analysts at Royal Bank of Canada in a research report issued on Monday,Benzinga reports. They currently have a $105.00 price target on the stock. Royal Bank of Canada’s price objective indicates a potential downside of 0.93% from the stock’s current price.

CHD has been the subject of several other research reports. Barclays increased their target price on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a report on Friday, January 17th. JPMorgan Chase & Co. raised their price objective on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Stifel Nicolaus dropped their target price on Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a report on Friday, January 17th. TD Cowen raised their price target on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $111.17.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $105.99 on Monday. The company has a fifty day moving average price of $106.22 and a 200 day moving average price of $104.25. Church & Dwight has a 1-year low of $96.09 and a 1-year high of $113.50. The firm has a market cap of $25.97 billion, a PE ratio of 44.72, a PEG ratio of 3.28 and a beta of 0.59. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter in the prior year, the firm earned $0.65 earnings per share. Research analysts predict that Church & Dwight will post 3.7 earnings per share for the current fiscal year.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 45,120 shares of Church & Dwight stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,158,361.75. The trade was a 81.38 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction 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 sale, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. This trade represents a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 115,622 shares of company stock valued at $12,842,559 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Church & Dwight

Institutional investors and hedge funds have recently bought and sold shares of the company. Point72 Asset Management L.P. acquired a new stake in shares of Church & Dwight during the 2nd quarter worth approximately $117,000. Truist Financial Corp boosted its holdings in shares of Church & Dwight by 0.6% in the 2nd quarter. Truist Financial Corp now owns 44,151 shares of the company’s stock valued at $4,578,000 after purchasing an additional 264 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Church & Dwight in the 2nd quarter valued at $2,480,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight during the 2nd quarter worth $33,000. Finally, Czech National Bank lifted its position in shares of Church & Dwight by 7.0% during the 3rd quarter. Czech National Bank now owns 49,871 shares of the company’s stock worth $5,222,000 after buying an additional 3,274 shares during the last quarter. Institutional investors own 86.60% 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.