Church & Dwight (NYSE:CHD) Issues Q2 Earnings Guidance

Church & Dwight (NYSE:CHD) updated its second quarter earnings guidance on Thursday. The company provided EPS guidance of $0.83 for the period, compared to the consensus EPS estimate of $0.92. The company issued revenue guidance of +~3.5% yr/yr to ~$1.51 billion, compared to the consensus revenue estimate of $1.52 billion.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of research reports. Evercore ISI lifted their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the company an in-line rating in a research note on Friday. Stifel Nicolaus raised their target price on Church & Dwight from $91.00 to $99.00 and gave the company a hold rating in a research note on Monday, February 5th. TheStreet raised Church & Dwight from a c+ rating to a b rating in a research note on Friday, February 2nd. Truist Financial lifted their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a buy rating in a research note on Friday. Finally, Royal Bank of Canada boosted their price objective on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a sector perform rating in a report on Monday, February 5th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of Hold and an average target price of $105.63.

Church & Dwight Stock Performance

NYSE CHD traded up $0.23 on Friday, reaching $106.11. 1,283,889 shares of the stock were exchanged, compared to its average volume of 1,247,251. The firm has a market capitalization of $25.88 billion, a PE ratio of 33.69, a PEG ratio of 3.55 and a beta of 0.51. Church & Dwight has a one year low of $82.25 and a one year high of $108.68. The company’s 50-day simple moving average is $103.68 and its two-hundred day simple moving average is $97.76. The company has a current ratio of 1.33, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the business posted $0.85 EPS. Church & Dwight’s revenue for the quarter was up 5.1% compared to the same quarter last year. Analysts expect that Church & Dwight will post 3.46 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.07%. The ex-dividend date is Tuesday, May 14th. Church & Dwight’s payout ratio is currently 35.87%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $451,551.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Matthew Farrell sold 275,000 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,703,613.77. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock worth $38,603,796 in the last quarter. 2.00% of the stock is owned by corporate insiders.

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.