Church & Dwight (CHD) to Release Quarterly Earnings on Thursday

Church & Dwight (NYSE:CHD - Get Free Report) is set to announce its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.86 per share for the quarter. Church & Dwight has set its FY 2024 guidance at 3.420-3.420 EPS and its Q1 2024 guidance at 0.850-0.850 EPS.Persons interested in listening to the company's earnings conference call can do so using this link.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data 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 analysts' expectations of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. Church & Dwight's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $0.62 EPS. On average, analysts expect Church & Dwight to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Church & Dwight Trading Down 0.1 %

Church & Dwight stock traded down $0.10 during trading hours on Thursday, reaching $107.25. The company had a trading volume of 898,535 shares, compared to its average volume of 1,277,620. 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 company has a 50-day moving average price of $102.74 and a 200 day moving average price of $96.97. The firm has a market cap of $26.16 billion, a price-to-earnings ratio of 35.28, a P/E/G ratio of 3.55 and a beta of 0.53. Church & Dwight has a 12-month low of $82.25 and a 12-month high of $108.10.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This is a positive change from Church & Dwight's previous quarterly dividend of $0.27. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. Church & Dwight's payout ratio is currently 37.17%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CHD shares. UBS Group boosted their price target on Church & Dwight from $99.00 to $105.00 and gave the stock a "neutral" 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. Oppenheimer raised their price target on Church & Dwight from $110.00 to $120.00 and gave the stock an "outperform" rating in a research note on Tuesday. Bank of America lifted their target price on Church & Dwight from $100.00 to $104.00 and gave the company a "neutral" rating in a research report on Monday, April 15th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Church & Dwight from $109.00 to $112.00 and gave the company a "buy" rating in a research report on Monday. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, Church & Dwight presently has a consensus rating of "Hold" and a consensus price target of $104.07.

Insider Activity

In related news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the sale, the executive vice president now owns 6,373 shares in the company, valued at $638,702.06. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Richard A. Dierker sold 24,380 shares of the company's stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the completion of the sale, the chief financial officer now owns 7,634 shares of the company's stock, valued at approximately $790,958.74. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 373,052 shares of company stock worth $38,603,796. 2.00% of the stock is currently owned by corporate insiders.

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.