Church & Dwight (NYSE:CHD) Announces Quarterly Earnings Results

Church & Dwight (NYSE:CHD - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.10, Briefing.com reports. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the prior year, the firm earned $0.85 EPS. Church & Dwight's quarterly revenue was up 5.1% on a year-over-year basis. Church & Dwight updated its Q2 guidance to $0.83 EPS.

Church & Dwight Price Performance

Church & Dwight stock traded up $0.23 during midday trading on Friday, reaching $106.11. 1,283,889 shares of the company were exchanged, compared to its average volume of 1,247,251. The firm's 50-day simple moving average is $103.68 and its 200-day simple moving average is $97.76. Church & Dwight has a 1 year low of $82.25 and a 1 year high of $108.68. The company has a market capitalization of $25.88 billion, a price-to-earnings ratio of 33.69, a P/E/G ratio of 3.54 and a beta of 0.51. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.33.

Church & Dwight Announces Dividend

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

Insider Buying and Selling at Church & Dwight

In related news, EVP Michael Read sold 4,500 shares of the firm's stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $105.00, for a total transaction of $472,500.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP Michael Read sold 4,500 shares of the company's stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $1,037,763.30. Following the completion of 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. In the last ninety days, insiders have sold 373,052 shares of company stock worth $38,603,796. Corporate insiders own 2.00% of the company's stock.

Analyst Ratings Changes

CHD has been the topic of a number of analyst reports. Stifel Nicolaus lifted their price objective on Church & Dwight from $91.00 to $99.00 and gave the company a "hold" rating in a report on Monday, February 5th. Truist Financial lifted their price target on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Friday. Argus upgraded Church & Dwight from a "hold" rating to a "buy" rating and set a $115.00 price objective for the company in a research report on Friday, February 23rd. Evercore ISI boosted their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an "in-line" rating in a research report on Friday. Finally, Barclays increased their price target on shares of Church & Dwight from $80.00 to $83.00 and gave the company an "underweight" rating in a report on Friday, April 12th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $105.63.

About Church & Dwight

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.