Church & Dwight (NYSE:CHD) Given New $102.00 Price Target at Evercore ISI

Church & Dwight (NYSE:CHD - Get Free Report) had its price target cut by investment analysts at Evercore ISI from $106.00 to $102.00 in a report issued on Friday,Benzinga reports. The firm currently has an "in-line" rating on the stock. Evercore ISI's price objective suggests a potential upside of 10.71% from the company's previous close.

A number of other brokerages have also recently commented on CHD. Royal Bank of Canada restated a "sector perform" rating and set a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Stifel Nicolaus raised their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. lowered their price target on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a research report on Friday, April 11th. Barclays cut their price objective on Church & Dwight from $97.00 to $94.00 and set an "underweight" rating for the company in a report on Friday, April 11th. Finally, Bank of America raised shares of Church & Dwight from a "neutral" rating to a "buy" rating and upped their target price for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $109.13.

Church & Dwight Stock Performance

Shares of NYSE:CHD traded down $0.65 during trading on Friday, hitting $92.14. 2,060,442 shares of the stock were exchanged, compared to its average volume of 1,580,035. The company has a market capitalization of $22.68 billion, a price-to-earnings ratio of 38.88, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight has a 1-year low of $90.23 and a 1-year high of $116.46. The company's fifty day simple moving average is $105.54 and its 200-day simple moving average is $105.85.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.02. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the company earned $0.96 earnings per share. The business's revenue was down 2.4% compared to the same quarter last year. Sell-side analysts expect that Church & Dwight will post 3.7 EPS for the current fiscal year.

Insider Activity

In other news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the sale, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. The trade was a 63.21 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the transaction, the executive vice president now owns 10,497 shares in the company, valued at $1,217,442.06. This represents a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,570 shares of company stock valued at $7,538,449. Company insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On Church & Dwight

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers grew its position in shares of Church & Dwight by 6.6% during the 1st quarter. Cetera Investment Advisers now owns 71,107 shares of the company's stock worth $7,828,000 after buying an additional 4,426 shares during the period. Avantax Advisory Services Inc. grew its holdings in Church & Dwight by 1.4% during the first quarter. Avantax Advisory Services Inc. now owns 14,708 shares of the company's stock valued at $1,619,000 after purchasing an additional 208 shares during the period. Machina Capital S.A.S. bought a new stake in Church & Dwight in the first quarter valued at approximately $712,000. Pinnacle Associates Ltd. raised its holdings in Church & Dwight by 6.1% in the first quarter. Pinnacle Associates Ltd. now owns 3,343 shares of the company's stock worth $368,000 after purchasing an additional 193 shares during the period. Finally, Roundview Capital LLC boosted its position in shares of Church & Dwight by 4.0% during the first quarter. Roundview Capital LLC now owns 12,993 shares of the company's stock worth $1,430,000 after purchasing an additional 503 shares in the last quarter. 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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.