Church & Dwight (CHD) to Release Earnings on Thursday

Church & Dwight (NYSE:CHD) will be posting its quarterly earnings results before the market opens on Thursday, May 2nd. Analysts expect Church & Dwight to post earnings of $0.86 per share for the quarter. Church & Dwight has set its FY 2024 guidance at 3.420-3.420 EPS and its Q1 2024 guidance at 0.850-0.850 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.65. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 EPS. 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 Stock Up 0.9 %

NYSE CHD opened at $107.91 on Wednesday. The stock has a market cap of $26.32 billion, a PE ratio of 35.50, a P/E/G ratio of 3.55 and a beta of 0.53. Church & Dwight has a fifty-two week low of $82.25 and a fifty-two week high of $108.10. The business has a 50 day moving average price of $103.29 and a two-hundred day moving average price of $97.53. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.05%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. Church & Dwight’s dividend payout ratio is presently 37.17%.

Insider Transactions at Church & Dwight

In related news, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the transaction, the executive vice president now owns 4,319 shares of the company’s stock, valued at $451,551.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, Director Bradley C. Irwin sold 5,590 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $104.12, for a total transaction of $582,030.80. Following the completion of the sale, the director now directly owns 37,169 shares of the company’s stock, valued at $3,870,036.28. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $451,551.45. The disclosure for this sale can be found here. Over the last quarter, insiders sold 373,052 shares of company stock valued at $38,603,796. 1.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CHD has been the topic of a number of recent analyst reports. Truist Financial upped their target price on Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. JPMorgan Chase & Co. upped their price target on Church & Dwight from $87.00 to $95.00 and gave the company an “underweight” rating in a research report on Thursday, January 18th. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. Royal Bank of Canada upped their price target on Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a research report on Monday, February 5th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $104.07.

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.