Church & Dwight (NYSE:CHD) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Church & Dwight (NYSE:CHD) had its price target boosted by research analysts at Stifel Nicolaus from $103.00 to $105.00 in a research note issued on Monday,Benzinga reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ price target points to a potential downside of 0.93% from the company’s previous close.

Several other brokerages also recently commented on CHD. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a research note on Monday. Barclays boosted their price objective 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. Piper Sandler cut their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research note on Monday. TD Cowen increased their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Finally, Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Church & Dwight has an average rating of “Hold” and an average price target of $111.17.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $105.99 on Monday. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The stock 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’s fifty day moving average is $106.22 and its 200 day moving average is $104.25. Church & Dwight has a 52 week low of $96.09 and a 52 week high of $113.50.

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

Insider Transactions at Church & Dwight

In other news, Director Bradley C. Irwin sold 13,200 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the sale, the director now owns 37,169 shares of the company’s stock, valued at $3,993,437.36. This trade represents a 26.21 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the sale, the director now owns 32,500 shares of the company’s stock, valued at $3,448,575. This represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 115,622 shares of company stock worth $12,842,559. Corporate insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Church & Dwight

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. YANKCOM Partnership bought a new position in shares of Church & Dwight during the 4th quarter valued at $25,000. Capital Performance Advisors LLP bought a new position in Church & Dwight in the third quarter valued at about $27,000. Ashton Thomas Securities LLC purchased a new position in Church & Dwight in the third quarter worth about $28,000. Versant Capital Management Inc grew its stake in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Church & Dwight during the 2nd quarter valued at about $33,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

About Church & Dwight

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.