Church & Dwight Co., Inc. (NYSE:CHD) Stock Has Consensus Price Target of $108.44 According to Analysts

Key Points

• Analyst sentiment is mixed: Church & Dwight has a consensus “Hold” rating from 17 analysts, with eight Buy, eight Hold and one Sell recommendation. The average 12-month price target is $108.44.
• Quarterly results topped expectations: The company reported EPS of $0.92 versus $0.90 expected and revenue of $1.60 billion versus $1.58 billion; revenue rose 1% year over year.
• Church & Dwight declared a quarterly dividend of $0.3075 per share, or $1.23 annualized, representing a 1.1% yield.

Shares of Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) have received an average rating of "Hold" from the seventeen research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $108.44.

A number of research firms have commented on CHD. Wall Street Zen upgraded Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, October 10th. TD Cowen restated a "hold" rating and set a $115.00 price target (up from $97.00) on shares of Church & Dwight in a research note on Tuesday. Jefferies Financial Group restated a "buy" rating and set a $115.00 target price on shares of Church & Dwight in a research note on Monday, August 3rd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Church & Dwight in a research report on Wednesday, October 14th. Finally, Wells Fargo & Company reiterated an "overweight" rating and issued a $115.00 target price (up from $105.00) on shares of Church & Dwight in a research note on Monday.

Church & Dwight Stock Performance

Shares of CHD stock opened at $109.25 on Friday. The stock's 50-day moving average is $100.14 and its two-hundred day moving average is $98.16. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.96 and a quick ratio of 0.62. The firm has a market cap of $25.79 billion, a P/E ratio of 33.62, a PEG ratio of 3.94 and a beta of 0.45. Church & Dwight has a fifty-two week low of $81.49 and a fifty-two week high of $114.64.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Friday, October 30th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.02. Church & Dwight had a return on equity of 20.28% and a net margin of 12.41%. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period last year, the company posted $0.81 EPS. The business's quarterly revenue was up 1.0% on a year-over-year basis. Analysts predict that Church & Dwight will post 3.77 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, November 13th. Church & Dwight's payout ratio is currently 37.85%.

Insiders Place Their Bets

In other Church & Dwight news, Director Ravichandra Saligram sold 5,000 shares of the business's stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $112.69, for a total transaction of $563,450.00. Following the sale, the director directly owned 3,653 shares in the company, valued at approximately $411,656.57. The trade was a 57.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Carlos Linares sold 15,375 shares of the firm's stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $103.00, for a total transaction of $1,583,625.00. Following the sale, the executive vice president owned 4,668 shares in the company, valued at approximately $480,804. The trade was a 76.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 141,390 shares of company stock valued at $15,252,844. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Church & Dwight

Hedge funds and other institutional investors have recently made changes to their positions in the business. Edmond DE Rothschild Holding S.A. acquired a new position in Church & Dwight in the second quarter worth approximately $25,000. Clearstead Trust LLC acquired a new stake in Church & Dwight during the 2nd quarter worth approximately $33,000. Fulcrum Asset Management LLP lifted its holdings in shares of Church & Dwight by 815.8% in the 3rd quarter. Fulcrum Asset Management LLP now owns 348 shares of the company's stock worth $33,000 after purchasing an additional 310 shares in the last quarter. Field & Main Bank purchased a new stake in shares of Church & Dwight during the second quarter worth $34,000. Finally, Triumph Capital Management boosted its holdings in Church & Dwight by 516.4% during the 3rd quarter. Triumph Capital Management now owns 376 shares of the company's stock valued at $35,000 after acquiring an additional 315 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.

Church & Dwight Company Profile

Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.

The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L'il Critters brands.

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