Church & Dwight (NYSE:CHD) PT Raised to $120.00

Church & Dwight (NYSE:CHD - Get Free Report) had its price objective lifted by analysts at Oppenheimer from $110.00 to $120.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm presently has an "outperform" rating on the stock. Oppenheimer's price target indicates a potential upside of 12.45% from the company's current price.

Several other analysts also recently commented on the company. Stifel Nicolaus raised their price objective on Church & Dwight from $91.00 to $99.00 and gave the stock a "hold" rating in a research note on Monday, February 5th. Truist Financial raised their price objective on Church & Dwight from $105.00 to $110.00 and gave the stock a "buy" rating in a research note on Wednesday, February 7th. Bank of America raised their price objective on Church & Dwight from $100.00 to $104.00 and gave the stock a "neutral" rating in a research note on Monday, April 15th. The Goldman Sachs Group initiated coverage on Church & Dwight in a research note on Friday, March 1st. They set a "buy" rating and a $110.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Church & Dwight from $109.00 to $112.00 and gave the stock a "buy" rating in a research note on Monday. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $104.07.

Church & Dwight Trading Up 0.7 %

Shares of CHD stock traded up $0.76 during trading hours on Tuesday, reaching $106.71. The company had a trading volume of 1,053,809 shares, compared to its average volume of 1,287,158. The company has a 50 day moving average of $102.16 and a 200 day moving average of $96.68. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. The firm has a market cap of $26.03 billion, a price-to-earnings ratio of 34.85, a P/E/G ratio of 3.46 and a beta of 0.53. Church & Dwight has a 1-year low of $82.25 and a 1-year high of $107.42.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting analysts' consensus estimates of $0.65. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The firm's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.62 EPS. On average, equities research analysts anticipate that Church & Dwight will post 3.44 EPS for the current year.

Insider Activity

In other news, CFO Richard A. Dierker sold 24,380 shares of Church & Dwight stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $103.61, for a total value of $2,526,011.80. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at $790,958.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CFO Richard A. Dierker sold 24,380 shares of Church & Dwight stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $103.61, for a total value of $2,526,011.80. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at $790,958.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Matthew Farrell sold 275,000 shares of Church & Dwight stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company's stock, valued at $11,703,613.77. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 373,052 shares of company stock worth $38,603,796. Corporate insiders own 1.40% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Game Plan Financial Advisors LLC bought a new position in Church & Dwight in the first quarter valued at approximately $26,000. Chilton Capital Management LLC grew its stake in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company's stock worth $31,000 after buying an additional 110 shares during the last quarter. Roble Belko & Company Inc bought a new stake in shares of Church & Dwight during the first quarter worth $31,000. Creekmur Asset Management LLC bought a new stake in shares of Church & Dwight during the fourth quarter worth $32,000. Finally, Annapolis Financial Services LLC grew its stake in shares of Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company's stock worth $33,000 after buying an additional 334 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

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.